Bulgaria’s Minister of Economy Kornelia Ninova has ordered the replacement of the board of directors of Kintex- a state-owned company which has experience in foreign trading with military products and defense technologies.
The inspectorate of the Ministry of Economy inspected the activity of the company in 2021 and found a number of irregularities and a conflict of interests involving the company’s Executive Director Alexander Mihaylov. The report of the inspectorate was sent to the Prosecutor’s Office and the Public Financial Inspection Agency. Alexander Mihaylov noted that he had never been in a conflict of interests and added that his dismissal is due to economic interests.
Convictions for high-level corruption in Bulgaria have been few so far. Sustained progress against high-level corruption is needed. This was stated by EU Commissioner for Justice, Michael McGrath, after the meeting of the EU General..
The companies of Lukoil will continue to operate with full transparency and fuel supplies will not be interrupted. This is written in a statement from the Russian oil company, signed by the newly appointed special commercial manager..
Svetlan Stoev is the new ambassador extraordinary and plenipotentiary of Bulgaria to Switzerland. The presidential decree was published on November 18 in the State Gazette. Stoev is a career diplomat. He started working at the..
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..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
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