The National Assembly’s legal affairs committee rejected the proposal for a referendum to be held for keeping the Bulgarian Lev as the only official currency up until 2043. Even though the majority of the committee members voted against the initiative of the nationalist party Vazrazhdane, the document is still going to be discussed in plenary.
“A referendum of this kind will seriously undermine the progress Bulgaria has made on the way to the Eurozone,” said Bulgarian National Bank governor Dimitar Radev. Yavor Bozhankov from We Continue the Change/Democratic Bulgaria (PP/DB) stated that the referendum was anti-constitutional. Vazrazhdane leader Kostadin Kostadinov on his part said that the question complies with the requirements of the law and that 470,00 valid signatures had been collected under the petition for holding a referendum.
PP/DB and the Movement for Rights and Freedoms voted against the holding of the referendum, Vazrazhdane, the Bulgarian Socialist Party and There Is such a People (ITN) voted for. GERB/SDS abstained.
The caretaker cabinet approved an international agreement for the acquisition of anti-tank guided missiles Javelin under the U.S. Foreign Military Sales program. The decision proposes that the National Assembly ratify the agreement by law. The..
After it became clear that the prospective cabinet would be backed by a coalition of GERB-SDS, There is Such a People and BSP, Premier-designate Rosen Zhelyazkov explained that the political responsibility would be shared by all participants in the..
President Rumen Radev handed over the first cabinet-forming mandate to Rosen Zhelyazkov, who was nominated by GERB-SDS for Prime Minister. "We appreciate the time you have given us. It was not wasted", said Rosen Zhelyazkov upon receiving the..
President Rumen Radev will hand over the first exploratory mandate to form a government on Wednesday January 15 at 12 noon, the head of state's press..
An analysis by experts from the Confederation of Independent Trade Unions in Bulgaria (CITUB) shows that the cumulative growth of inflation (measured by..
On Tuesday, the cloudiness will still break and decrease from the north , it will be mostly sunny in Northern Bulgaria . Overcast skies are expected..
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