Russian Citizens Sell Properties in Bulgaria Amid Restrictions and Sanctions: Foreign Direct Investment Shows Growth

Russian Citizens Sell Properties in Bulgaria Amid Restrictions and Sanctions: Foreign Direct Investment Shows Growth

Russian citizens continue to sell properties in Bulgaria because of the restrictions on their use after the war in Ukraine and the sanctions imposed by the EU. For the first nine months of the year, they sold real estate in our country for 12.7 million euros, BNB data show. Last year, sales were double, exceeding … Read more

The Catastrophe at PAVETS “Chaira”: A Shocking Revelation

The Catastrophe at PAVETS “Chaira”: A Shocking Revelation

For the first time in a long time, the fog began to lift around the fatal accident, which completely and permanently disabled PAVETS “Chaira”. The pumped-storage hydropower plant, which is unique in terms of its scale and importance for the national electricity system, “catastrophized” in March 2022 under strange circumstances – during a start-up test … Read more

Accusations, Scandals, and No Confidence: The LUKoil Dispute Unfolds

Accusations, Scandals, and No Confidence: The LUKoil Dispute Unfolds

A new name was involved in the saga of the LUKoil dispute, which was swirling between GERB-SDS, DPS and PP-DB. The leader of the DPS parliamentary group, Delyan Peevski, accused the right-wing union of “having a personal interest in LUKoil”. And he added that an arms dealer mediated a meeting between Prime Minister Nikolay Denkov, … Read more

The Future of Bulgaria’s Largest Energy Facility – PAVETS “Chaira”

The Future of Bulgaria’s Largest Energy Facility – PAVETS “Chaira”

One of Bulgaria’s key energy facilities – PAVETS “Chaira” will remain out of order for a long time. The pumped-storage plant near the village of Sestrimo – the largest of its kind in all of South-Eastern Europe – was a large producer of electricity and could be an invaluable balancer of the national electricity system. … Read more

Influx of Invalid Ballots Raises Concern in Local Elections

Influx of Invalid Ballots Raises Concern in Local Elections

And these local elections the number of invalid ballots peaks. The “specialty” of this edition will be the vote for the municipal council – people en masse filled in this ballot wrongly, marking a preference without first filling in which party list they preferred. In places, the share of invalid votes exceeds 20%. The vote … Read more

How Laws are Forged in the National Assembly: The Shocking Revelations of Delyan Dobrev

How Laws are Forged in the National Assembly: The Shocking Revelations of Delyan Dobrev

The deputy from GERB and head of the energy committee in the parliament Delyan Dobrev clearly showed, without any concern, how laws are forged in the National Assembly. He sincerely admitted that he slept through an extremely important lobbyist and, in his opinion, harmful amendment, the co-sponsor of which is none other than GERB leader … Read more

Booking.com Fraud: Bank Cards Drained by Fake Emails – Observer and Guardian Reports

Booking.com Fraud: Bank Cards Drained by Fake Emails – Observer and Guardian Reports

Fraudsters drain bank cards through the popular hotel booking site Booking.com. Especially dangerous in this case is that the fake e-mails come from the site’s system itself, and are not imitations, i.e. its defenses have been breached. This was reported by the British publications “Observer” and “Guardian”. They have reports from users of the site … Read more

Two Companies Bid for Demolition of Illegal Buildings in Rosenets Park

Two Companies Bid for Demolition of Illegal Buildings in Rosenets Park

Two companies have announced participation in the public order for the demolition of the illegal buildings next to Ahmed Dogan’s barn in Rosenets Park. A committee is about to examine their proposals and, if necessary, return them for corrections, the regional administration in Burgas reported to “Sega”. The order is worth BGN 138,685 excluding VAT. … Read more

Qatar’s Long-Term Gas Supply Deals with Shell and TotalEnergies Replace Russian Imports in Europe

Qatar’s Long-Term Gas Supply Deals with Shell and TotalEnergies Replace Russian Imports in Europe

The agreement between Shell and Qatar, signed by Saad Sherida Al-Kaabi, Qatar’s Minister of Energy and CEO of QatarEnergy, and Wael Sawan, CEO of Shell, will ensure gas supplies for years to come Russia’s failed attempt to “freeze” Europe to force it to abandon support for Ukraine has permanently deprived Gazprom of its biggest market … Read more