The Appellate Court-Sofia upheld the decision of the Sofia City Court, which granted the prosecution's request to issue a European arrest warrant for former Bulgarian Development Bank Executive Director Stoyan Mavrodiev. While in the previous session at the Sofia City Court Mavrodiev was represented by an ex-officio lawyer, now, despite being wanted, he sent an authorised lawyer.
On August 22, Stoyan Mavrodiev was declared wanted in Bulgaria by a decision of the Anti-Corruption Commission, reported the Sofia City Prosecutor’s Office. Mavrodiev was declared wanted after being charged with major embezzlement in connection with an unsecured loan of some EUR 75 million granted by the Bulgarian Development Bank in 2019 to the Roadway Construction company linked to businessman Rumen Gaytanski.
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
The Festival of Elena Dry-Cured Ham which will take place from October 24 to 26 in the town of Elena, offers a rich folklore program, competitions, demonstrations and tastings, the organizers from the Municipality of Elena and the Local Tourism Council..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
Plovdiv Airport welcomed the first flight from Milan (Malpensa) with an official ceremony on October 26. The aircraft carried 87 passengers on the newly..
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