The Commission for Protection of Competition has rejected the proposal for introduction of quotas for Bulgarian music on the airwaves on the grounds that it would limit competition. The proposal for amendments to the Radio and Television Act was submitted by VMRO party.
The existence of quotas for Bulgarian music would lead to unification of radio stations and music TV channels. Radio stations and TV channels which have to change their concept in order to broadcast more Bulgarian music risk losing their traditional audience. Moreover, their revenues from advertising may decrease and they may leave the market, the motifs of the Commission for Protection of Competition read. The introduction of financial incentives for broadcasting Bulgarian music would put radio stations for Bulgarian music in privileged position, the commission further notes.
The National Revenue Agency is inspecting currency exchange offices due to increased interest in buying euros . Within just one week, the exchange of Bulgarian leva into euros increased by 43%, the agency’s director, Rumen Spetsov, announced in..
Kiril Petkov announced at a briefing that he is taking political responsibility and resigning as co-chair of "We Continue the Change" (part of the PP-DB coalition, which has the second largest number of MPs in the National Assembly)..
A Japan-Bulgaria business forum on the topic of "Infrastructure, Energy and Digitalization" was held in Sofia. "Bulgaria has a whole palette of advantages. However, they are little known in Japan. Our task is to provide much clearer..
Cool air will sweep across the country during the night , accompanied by moderate winds from the northwest. Short-lived rain showers and thunderstorms are..
Another protest against the adoption of the euro took place in Sofia and other cities in Bulgaria on June 28. The protest in the capital Sofia..
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