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 European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle pollution. Bulgaria is participating in two of these projects and will receive funding to install charging..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks an upgrade from the 2% growth rate estimated in the Commission’s spring outlook. The expected GDP..
Bulgaria has no additional conditions from the United States for the exception of the sanctions imposed on Lukoil to enter into force, Minister of Energy Zhecho Stankov told BNT. If necessary, the postponement of the sanctions against Lukoil can be..
The Speaker of the National Assembly has no right to rule unilaterally on a national referendum. This becomes clear from a decision of the Constitutional..
At a meeting in Berlin with Google’s Vice President for Government Affairs and Public Policy for Europe Annette Kroeber-Riel, Minister of E-Government..
On Wednesday, minimum temperatures will range from 5°C to 10°C across the country, reaching 12°C to 17°C in southern Bulgaria and around 8°C in Sofia. It..
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