As the night progresses, Western Bulgaria will see an increase in cloud cover, with light rainfall expected in some areas, particularly after midnight. Meanwhile, Eastern Bulgaria will experience clear skies with no precipitation anticipated. A moderate southwesterly wind will prevail, with minimum temperatures ranging between 7°C and 12°C, while Sofia is expected to see temperatures around 8°C. ...
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency. The Ministry of Finance has released a draft Law on the introduction of the euro in Bulgaria, revealing that rounded prices in euros will be enforced a month after the country transitions to the Eurozone. Initially, citizens will have the option to pay with both levs and euros during this transition period. Читать дальше...
The European Prosecutor's Office in Sofia has taken legal action against an individual suspected of fraudulent activities involving European subsidies, as announced by the Luxembourg-based institution. The charges stem from an extensive investigation into farming projects funded entirely by the European Union, focusing on applications submitted by the suspect in January 2020. The suspect, on behalf of three different companies, sought financing from the Regional Directorate "Agriculture" - Plovdiv... Читать дальше...
German arms manufacturer Rheinmetall has secured a substantial financial boost from the European Union, receiving over 130 million euros to enhance its ammunition production capabilities. The funding is earmarked for the production of 155 mm ammunition and gunpowder, with projects set to take place in Germany, Hungary, Romania, and Spain. Rheinmetall CEO Armin Papperger expressed the company's commitment to meeting the growing demand for artillery shells among European armed forces....
Eurostat's recent publication on Wednesday showed insights into hourly labour costs across the European Union (EU) in 2023, indicating a notable rise compared to the previous year. The average hourly labour costs for the entire economy were estimated at EUR 31.8 in the EU and EUR 35....
On a briefing held at the National Press Club of BTA, Nikola Ilchev, the creator and organizer of the Balkan eCommerce Summit, showed projections indicating a significant rise in Bulgaria's e-commerce sector. Citing data from three studies, Ilchev disclosed that e-commerce is anticipated to account for 2.11% of Bulgaria's GDP in 2023, up from 1....
A major security breach has taken place within the EU police service – Europol, as detailed by the online publication 'POLITICO'. The report specifies that confidential documents belonging to high-ranking officials of the institution have gone missing, leading to a crisis within the organization. According to sources cited by POLITICO, the missing classified information was believed to be securely stored in a vault deep within Europol's headquarters in The Hague, Netherlands....
The President handed "We Continue the Change-Democratic Bulgaria" (WCC-DB) the second mandate to form a government. WCC-DB in turn returned the unfulfilled second mandate to form a government. "I will return the mandate unfulfilled, since in the current National Assembly there is no longer support even for the management program that we adopted with GERB 9 months ago....
A race against time unfolds in Serbia as emergency services mobilize to locate two-year-old Danka Ilić, who vanished from Banjsko Polje near Bor. The activation of the "Find Me" system, akin to an Amber Alert, marks a first for Serbia, underlining the urgency of the situation. Danka, described as having brown hair, brown eyes, and standing at about 85 centimeters tall, was last seen wearing purple pants and an olive green jacket, her hair tied in a ponytail....
Svetoslav Stanulov, chairman of the Association of Bulgarian Airlines (ABA), has emphasized the need to assess Sofia Airport's potential as a hub for transit and transfer flights. In a recent statement, cited by BTA, Stanulov underscored the critical role such a transformation could play in enhancing connectivity, positioning Bulgaria as a pivotal player in the air travel network. Presenting a comprehensive report detailing key highlights and trends in civil aviation for the year 2023, Stanulov... Читать дальше...
The Rise of Esports in Bulgaria The landscape of competitive sports has undergone a revolutionary transformation with the advent of esports, and Bulgaria is no exception. In recent years, this Balkan nation has emerged as a burgeoning hub for esports, drawing in players and spectators alike with its dynamic blend of technology, skill, and entertainment....
A devastating fire in the German town of Solingen has resulted in the tragic loss of four Bulgarian citizens of Turkish origin, including two children, according to reports from Turkish private television NTV. The Consulate General of Turkey in Düsseldorf has called for an urgent investigation to determine the cause of the fire, seeking swift clarification on the circumstances surrounding the incident. The blaze erupted in a four-story building located in Solingen, where a family of four perished in the flames... Читать дальше...
Two major enterprises announce mass dismissals in the Stara Zagora region. The director of the Regional Inspection of Labour, Lyuben Georgiev, declared the news during a press conference. According to Georgiev, the Central Contour Global Maritsa East 3 thermal power plant (TPP) is set to lay off 160 employees, with the termination date scheduled for May 10....
Pegasus Airlines is set to recommence its scheduled flights between Sofia and Istanbul, marking a significant milestone in air travel connectivity between Bulgaria and Turkey. The anticipated relaunch is scheduled for May 1, as reported by the news outlet TravelNews. Passengers traveling between these two bustling metropolises will have the convenience of flights departing and arriving at the Sabiha Gokcen International Airport in Istanbul....
Amid a surge in violence targeting Chinese interests, a devastating suicide bombing struck a convoy of Chinese engineers in northwestern Pakistan, claiming the lives of six individuals. This latest attack marks the third significant assault on Beijing-linked projects in the country within a week, raising alarm over the security of foreign investments in Pakistan. The targeted convoy, comprising Chinese engineers and their Pakistani driver, was en route to the Dasu dam construction site in Khyber... Читать дальше...
A recent global survey conducted by the "Gallup International" association sheds light on dwindling confidence in democratic governance across various nations, including Bulgaria. The findings reveal a stark reality where only 13% of Bulgarians perceive their country's governance as aligned with the will of the people, while 61% disagree and 22% remain undecided. Moreover, confidence in the fairness of elections has plummeted to critical levels, with only 21% of Bulgarians believing in their freedom... Читать дальше...
Amid a strengthening dollar fueled by robust U.S. economic indicators, the Japanese yen tumbled to its lowest level in 34 years....
GERB leader Boyko Borissov expressed his perspective on the recent negotiations surrounding the formation of a government, highlighting the challenges and compromises faced during the process. Borissov emphasized that GERB had made extensive efforts to facilitate the establishment of a government, underscoring his unwillingness to disparage the leaders of the WCC-DB coalition, including Hristo Ivanov, Atanas Atanasov, and Petkov. He recounted the negotiations and compromises made in attempts to reach an agreement... Читать дальше...
Amid ongoing political turmoil in Bulgaria, the "Revival" party ("Vazrazhdane") has declared its readiness with the composition of the government if it receives the third mandate from the president. Party leader Kostadin Kostadinov made the announcement on the sidelines of the parliament, stating that they are prepared to take on the mandate without delay. "We will not delay it, we already said in the 47th National Assembly that we are ready to take the mandate and we are ready with the composition of the government," emphasized Kostadinov. Читать дальше...
Eurostat's 2021 data indicates that Bulgaria housed the three regions within the European Union exhibiting the highest standardized death rates. Leading the statistics is the South-West region (Yugozapaden), registering a staggering 390 deaths per 100,000 people. Following closely behind are the North-Central region (Severen Tsentralen) with 387 deaths per 100,000 people, and the North-East region (Severoiztochen) with 366 deaths per 100,000 people. ...
Bulgaria has witnessed a remarkable surge in home loans at the beginning of the year, with loans for households for the purchase of houses and apartments reaching a record high of BGN 20.52 billion by the end of February, according to data from the Bulgarian National Bank (BNB). This represents a staggering growth of over 22 percent compared to the previous year, marking an unprecedented expansion in housing loans. ...
The Ministry of Finance in Bulgaria has revealed that the process to facilitate the exchange of levs with euros in the country will come with a hefty price tag, estimated to be at least BGN 500 million. This disclosure accompanies the draft Law on the introduction of the euro, which was published by the Ministry on Tuesday. According to the report accompanying the draft law, the conversion process entails substantial one-time costs, including the withdrawal of leva banknotes and coins from circulation... Читать дальше...
Amidst preparations for the Easter holiday, former US President Donald Trump has embarked on a unique venture, selling Bibles adorned with the American flag and featuring the US Constitution and Declaration of Independence. Targeting conservative evangelical Christians, Trump aims to "Make America Pray Again," urging supporters to acquire what he dubs his "favorite book." ...
Armenia is witnessing a significant geopolitical shift as the country increasingly distances itself from the Russian orbit, opting instead for closer ties with the West. Recent developments underscore a notable departure from Armenia's traditionally strong alliance with Moscow, signaling a desire for a major realignment in its foreign policy direction. In a series of noteworthy events, Armenia's diplomatic relations with Russia have shown signs of strain, indicative of Yerevan's departure from the... Читать дальше...
As Bulgaria steers towards adopting the euro, economists dispel concerns over potential price increases, assuring the public that the impact on inflation will be minimal. Renowned economists, including Petar Ganev and Preslav Raykov, have weighed in on the matter, emphasizing the stability and positive prospects associated with the currency transition. In an interview with Nova TV, economist Petar Ganev underscored that the introduction of the euro is unlikely to trigger significant price hikes... Читать дальше...
