Bulgaria’s Minister of Economy Bogdan Bogdanov dismissed the executive director and the board of directors of the State Consolidation Company, which manages the enterprises in the system of the ministry. The new management is temporary and their salaries will be reduced by half, the minister announced.
The State Consolidation Company manages a capital of over BGN 1 billion (more than EUR 500 million). Six out of eleven companies are inefficient. According to an analysis of the enterprises in the ministry's system, unjustified costs exceed EUR 347.68 million. Inefficient state-owned companies will be deprived of representation costs, and a limit of EUR 2556.46 per year will be introduced for the rest. A comprehensive analysis of all companies is pending. Business programmes for the period 2024-2026 will be also prepared. State Consolidation Company is a sole joint stock company with one hundred percent state ownership of its capital.
In the morning hours on Sunday, short-term fog will form in isolated places in the plains and valleys . During the day, it will be mostly sunny. Around and after noon, cumulus and cumulus-rainy cloudiness will develop, and in places in the southeastern..
Future generations must know that there were periods when human rights and dignity were worthless. This was emphasized at the annual pilgrimage in memory of the victims of the totalitarian communist regime in the Belene concentration camp by the..
Bulgarian President Rumen Radev , who attended the National Assembly of Sheep Breeders at the Peter and Paul Monastery near Lyaskovets, greeted the protesters today in various cities of the country demanding a referendum on the euro and the..
Protests in defence of the Bulgarian lev and against the adoption of the euro currency are scheduled to take place on May 31 in many cities and towns..
“The attempts to attack me over the fact that I enacted the law on adoption of the Euro are a vapid manipulation because there are absolutely no dates..
Raising fines for traffic offences and an enhanced police presence – these are the measures announced by Interior Minister Daniel Mitov after the..
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