Featured Bulgaria

Uganda diverted weapons to South Sudan despite arms embargo

AP — A key broker of the latest deal to end South Sudan’s civil war diverted European weapons to South Sudan’s military despite an EU arms embargo, a new report says. It also asks how a U.S. military jet ended up deployed in South Sudan… Read More

Bulgaria seizes over $1.35 million in fake banknotes, arrests three

Bulgaria has seized more than $1.35 million in fake banknotes and charged three men suspected with membership of an organised crime ring making counterfeit bills, prosecutors said on Monday. The three were arrested in the Black Sea city of Varna after printing presses and equipment for the production of counterfeit… Read More

One of Europe’s biggest counterfeit cash shops busted, ‘€11 million’ seized at hotel

Police have seized millions of fake euros and a high number of US dollars that were produced in an illegal print shop located in the basement of a hotel. The stash comprised EUR 11 million and USD 1.7 million in counterfeit 50, 100 and 500 euro banknotes, as well as… Read More
9th October 2018
AP — Bulgarian police are investigating the rape and slaying of a female television reporter whose body was dumped near the Danube River after she reported on the possible misuse of European Union funds in Bulgaria. Authorities discovered the body of 30-year-old Viktoria Marinova on Saturday… Read More
25th January 2018
Bulgaria’s former intelligence chief Kircho Kirov was sentenced to 15 years in jail on Tuesday for what prosecutors described as the misappropriation of 5.1 million levs (£2.28 million) of public funds between 2007 and 2011. It was the second verdict against Kirov, who is already appealing a 10-year prison sentence… Read More
25th January 2018
The Bulgarian government on Thursday survived a parliamentary vote of no-confidence brought by the opposition Socialists over what they said was a lack of progress in fighting rampant corruption. Some 103 deputies in the 240-seat parliament voted in favour of the first no-confidence vote against the centre-right coalition cabinet… Read More
19th January 2018
Bulgaria’s parliament is working towards enforcing the Measures Against Money Laundering [law], mandated by the EU Fourth Anti Money Laundering Directive (4AMLD). The Bill, which is currently going through its second hearing, has categories that are broader than those in the 4AMLD, and includes topics like general and… Read More
2nd January 2018
Bulgarian President Rumen Radev on Tuesday vetoed anti-graft legislation passed by parliament in December, saying the bill would not allow the efficient investigation of corruption networks. Radev acted only a day after Bulgaria, the European Union’s poorest country, assumed the six-month, rotating presidency of the bloc. It is the… Read More
29th December 2017
Music will play, fireworks will explode and shimmer; then at the stroke of midnight on 1 January, Bulgaria, the poorest and “most corrupt” country in the European Union, will pick up the baton of the bloc’s rotating presidency. The presidency – chairing EU meetings and setting an agenda – does… Read More
25th October 2017
24 October 2017 By Pavel Polityuk, Jack Stubbs, REUTERS Cyber attacks using malware called “BadRabbit” hit Russia and other nations on Tuesday, affecting Russian Interfax news agency and causing flight delays at Ukraine’s Odessa airport. While no major outages were reported, the U.S. government issued a warning on the attack,… Read More
8th September 2017
Bulgaria has ordered an investigation after revelations by the Guardian and other media partners that Azerbaijan operated a secret $2.9bn fund to lobby influential Europeans and to funnel money offshore. Prosecutor Sotir Tsatsarov said he was launching an inquiry into Kalin Mitrev, Bulgaria’s representative to the European Bank of Reconstruction… Read More
11th May 2017
The Bulgarian State Agency on National Security (SANC) and the Ministry of Internal Affairs (MIA) propose a whole new law against the money laundering, reported BGNES.The current law contains 24 Articles and 5 Chapters, while the proposed project contains 125 Articles and 10 Chapters. Read More
17th March 2017
European Union sanctions on Russia are hurting Bulgaria, which should improve ties with Moscow and defend its interests within the 28-member bloc, the leader of the leftist Socialist party said ahead of a March 26 parliamentary election. Kornelia Ninova, 48, who took the reins of the former communist party last… Read More