The prosecutor’s office, the anti-corruption commission and the police are conducting searches of property belonging to Rumen Gaitanski, a.k.a. the Wolf in Sofia. In Kardzhali, searches are underway of companies connected with the former mayor Hasan Azis. Investigators are also searching premises connected with the former director of the Bulgarian Development Bank (BDB) Stoyan Mavrodiev, the BNR reports.The investigation is of a EUR 74.3 million loan granted by the BDB, the prosecutor’s office told the Bulgarian news agency BTA. On 9 August, the anti-corruption commission announced there was reasonable suspicion of violations in the granting of the loan by the BDB which has caused significant damage to the state. The credit was granted to the company Roadway Construction which is connected with Rumen Gaitanski. Part of the credit was used to finance the acquisition of Varna thermal power plant by the honorary chairman of the Movement for Rights and Freedoms Ahmed Dogan.
On Saint George's Day, the newly elected hegumen of the Zograf Monastery on Mount Athos, Father Gavriil, was elevated from hieromonk to archimandrite. The announcement was made by Secretary General of the Holy Synod Bishop Gerasim of Melnik,..
A water blessing of the battle flags and sacred banners was held on Saint George’s Day at the Monument to the Unknown Soldier in Sofia. President and Supreme Commander-in-Chief of the Bulgarian Armed Forces Rumen Radev took part in the..
The Bulgarian pilots have a long period of intensive training ahead of them. This is what Major Jason Royko, who delivered Bulgaria’s first F-16 at the beginning of April and will receive the next seven aircraft, told the Bulgarian National Radio...
The planned liberalisation of the electricity market for household consumers on 1 July this year will not take place, MPs decided at the first reading of..
Oil products of unknown composition and origin have once again washed up on a large stretch of the Pomorie coastline, in what appears to be a more..
Polish President Andrzej Duda, on an official visit to Bulgaria, discussed with Bulgarian President Rumen Radev Warsaw’s proposal that NATO member..
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