The Bulgarian Socialist Party, BSP, will probably hold onto the third exploratory mandate (for forming a government) at least until 12 August, BSP leader Kornelia Ninova made it clear after a meeting of the chairs of the parties taking part in the negotiations on the formation of a cabinet.
The meeting was called after the Constitutional Court ruled that the election of the chairman of the Energy and Water Regulatory Commission, Stanislav Todorov, is unconstitutional. The leaderships of the parliamentary groups of the Bulgarian Socialist Party, We Continue the Change, Democratic Bulgaria and There Is such a People agreed that a procedure must be launched immediately for the election of a chairperson of the energy regulator. The time it will take from its launch until a chairperson of the commission is elected means that the National Assembly will have to function until at least 12 August. The BSP is likely to hold onto the exploratory mandate until that time, because for the vote to take place there has to be a functioning parliament.
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that it would help the country maintain its strategic position in South East Europe. Accompanied by..
Bulgaria’s coalition parties have agreed to introduce a rotating chairmanship of the National Assembly. At today’s joint governance council meeting, members also discussed next year’s draft budget. Kostadin Angelov, Deputy Chairman of..
Google has donated an additional $1 million to the Institute for Artificial Intelligence and Computer Technologies (INSAIT) at Sofia University , bringing its total investment in the institute to over $6 million. According to the institute’s website,..
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL..
The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker..
+359 2 9336 661