Bulgaria has the longest time limit in the EU in which the legality of property acquisition can be checked – up to 10 years - before charges are brought against the owner. In most countries it is half as long.
This is indicated in a European Commission report on the implementation of European legislation in the countries members with regard to illegal assets forfeiture. The report also indicates that Bulgaria is among the countries in which assets are forfeited if there is criminal intent, whereas in most countries of the EU confiscation is applied for all crime.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
Cloudy
Partly Cloudy
Fog
Clear
Mostly Cloudy
Overcast, rain
Thunderstorms 