Corruption in Bulgaria has distorted the way institutions function and the way they are controlled, and this is to the detriment of the Bulgarian people, US Ambassador to Bulgaria Herro Mustafa said, addressing the Rule of Law and the Business Environment in Bulgaria conference, organized by the American Chamber of Commerce in Bulgaria. As an illustration of this problem she described stories of lawyers with suitcases, behind-the-scenes dealings, very powerful persons who use Bulgarian government institutions to intimidate others, and a very small group of people who have created a system of enrichment of the oligarchic class. Ambassador Mustafa also spoke of the three Bulgarians who have been sanctioned under the Magnitsky Act. The US has denied visas to six Bulgarians suspected of corruption, but none of them has been sentenced for an offence in Bulgaria. Many of them have not even received disciplinary penalties and have not been relieved of office, Ambassador Mustafa said.
Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions, said MP Toma Bikov on behalf of the GERB-SDS parliamentary group after Bulgaria's accession to the..
An online currency converter is now available on the official website for the introduction of the euro in Bulgaria: evroto.bg. Following the official announcement of the exchange rate of 1.95583 leva to one euro, the calculator has been made easily..
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost defence spending . This will enable the countries to take on additional debt for defence purposes...
A global leader in the production of robotic and minimally invasive surgical equipment has officially opened a new manufacturing facility in Parvomay ,..
On Saturday, minimum temperatures will range from 13 to 19 °C . In Sofia, it will be 15 °C. Sunny weather will prevail with temporary cloud cover..
'It is blatantly untrue that the contract with the Turkish state-owned company Botas is not being put into use." President Rumen Radev stated this to..
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