The European Anti-Fraud Office OLAF has recommended the recovery of over EUR 38 million and the prevention of the further spending of EUR 92 million provided to Bulgaria for the modernization of the railway line between Kostenets and Septemvri.
OLAF’s investigation focused on the financial damage caused by the alleged irregularities, notably during the procurement procedure and project implementation. According to OLAF’s investigation, two of the successful tenderers either lacked the technical capacities to implement the project or had misrepresented their financial capacities. The European Public Prosecutor’s Office’s (EPPO) investigation is ongoing and focuses on possible criminal offences – such as misuse of EU funds and money laundering – and includes a second railway project that the EPPO estimates at an additional EUR 111 million – the railway line Orizovo-Mihailovo.
The images of Paisius of Hilendar and St. Ivan Rilski will adorn Bulgarian euro coins The revised graphic design of the Bulgarian national side of the euro coins has been approved by the Governing Council of the Bulgarian National Bank. The..
The project company "Kozloduy NPP - New Capacities", working on the construction of the new units No. 7 and No. 8 of the Kozloduy Nuclear Power Plant, has begun negotiations with Bulgarians who live abroad and have experience in nuclear power plants in..
A permanently functioning coordination mechanism will control, prevent and counter smuggling, Prime Minister Rosen Zhelyazkov announced after a meeting with representatives of the services. "The objectives are clear, and the approach will be solid",..
Energy Minister Zhecho Stankov attended the tenth edition of the Delphi Economic Forum in Greece. "Bulgaria is a reliable partner in the region's energy..
Sofia public transport workers will protest on Monday, April 14, demanding increase in wages . The decision to protest was made after meetings between the..
Testing of the sectional average speed control system began today. The tests are being conducted by the National Toll Authority in cooperation with the..
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