The specialized criminal court has acquitted businessman Ivo Prokopiev, former finance minister Simeon Djankov and economy minister Traicho Traikov. They were accused of causing the state damages of millions of euros during the sale of a 33% state-owned stake in electricity distribution company EVN.
In December 2011, the achieved average price per share of EVN Bulgaria Elektrorazpredelenie was EUR 835, which is 18.8% above the minimum price. Through the stock exchange transaction, the shares were sold for EUR 47.55 million with an initial evaluation of EUR 39.88 million. According to the prosecution, the assessment was manipulated and the actual market price of the shares was 909 euros per share.
The benefits for Bulgaria from full entry into Schengen are estimated at over 800 million euros per year. The largest benefits will be for manufacturers and exporters. But while this macroeconomic effect is awaited, the benefits are already being felt..
On Monday, a section of the international road E-75 in Serbia will be blocked, the situation center of the Ministry of Foreign Affairs announced. The blockade is expected to be at the "Autokomanda" road junction, which is part of the..
On Monday, the lowest temperatures will be between minus 1 and 4°C; in Sofia – around 0°C. During the day, it will be mostly sunny. Before noon, in places in the valleys there will be fog or low cloudiness. The highest temperatures..
By the end of next week, the Confederation of Independent Trade Unions in Bulgaria (CITUB) will send the government its proposals to be..
Bulgarian exports to the USA in 2023 are worth 1.1 billion dollars, and number 1 on the export list with a share of nearly 19 percent are "coins that..
Swedish authorities have detained a ship suspected of sabotaging an undersea fiber optic cable in the Baltic Sea. The ship is the Bulgarian vessel..
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