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Bulgaria
National Forum Examines Benefits and Risks of AI Adoption in Bulgaria
Politicians, academics and entrepreneurs discussed the benefits, risks and requirements for introducing and using artificial intelligence (AI) effectively in Bulgaria at a national forum on Thursday.
Presidency Must Act as Independent Counterbalance, Presidential Candidate Gurov Says
The presidency must act as an independent counterbalance and ensure public money is put to the best possible use, presidential candidate Andrey Gurov said in Kyustendil on Thursday.
President Iotova: Bulgaria Has Confidently Embarked on High-Tech Journey
President Iliana Iotova conferred the John Atanasoff Award ceremony in the Coat of Arms Hall of the Presidency on Thursday.
President Iotova Welcomes Bench of Generations Initiative on International Day of Older Persons
President Iliana Iotova welcomed participants and creators of the Bench of Generations initiative to the President’s Administration building on the occasion of the International Day of Older Persons, which is observed on October 1, the President’s press secretariat said on Thursday.
Economy
Bulgarian Farmers to Receive up to EUR 1.8 Million in Compensation due to Sheep and Goat Pox Outbreaks
The Management Board of the State Fund for Agriculture approved a budget of up to EUR 1.8 million under the de minimis aid scheme to compensate farmers raising small ruminants whose holdings are located in areas subject to movement and other restrictions due to outbreaks of sheep and goat pox, the Fund said on Thursday.
Budget Committee Approves Ratification of Agreement with IBEC on Settlement of Mutual Claims and Liabilities
The parliamentary Budget and Finance Committee voted 17-1 to approve a bill ratifying an agreement between the International Bank for Economic Cooperation (IBEC) and the Bulgarian Government on the final settlement of mutual claims and liabilities.
Bulgarian Banks Oppose Proposed Additional Tax, Warn of Risks to Lending and Growth
The Association of Banks in Bulgaria (ABB) in a statement published on its website on Thursday said that it does not support the government’s proposal to impose an additional tax on the banking sector.
Industrial Capital Association Backs Some Tax Changes, Warns of Risks to Business and Investment
The Bulgarian Industrial Capital Association (BICA) welcomes some of the Finance Ministry's proposed amendments to tax and accounting legislation, but warns that other measures pose significant risks to the predictability of the business environment, equal treatment of companies and investment activity.
Culture
UPDATED Sarcophagus Containing Tsar Samuel’s Remains to Be Placed in Southern Part of St Sophia Church
The sarcophagus containing the remains of Tsar Samuel will be placed in the southern part of the transept of the Basilica of St Sofia – Holy Wisdom, Father Kiril Didov, chairman of the church board of the capital’s St Sofia – Holy Wisdom Church, told the Bulgarian News Agency (BTA) on Thursday. He specified that “the coffin containing the remains of Tsar Samuel will be placed inside the sarcophagus”.
Sofia Gem Fair to Be Held October 9-11
The Museum of Earth and Man announced Thursday that it will host its traditional Minerals, Gems and Fossils Fair from October 9 to 11. This will be the third such fair held at the museum this year. The fair brings together collectors, producers,
Draft Wage Ordinance Changes Published for Public Consultation
A draft Council of Ministers decree on the Ordinance on the Structure and Organization of Wages has been published for public consultation, Labour Minister Nataliya Efremova said Wednesday at a meeting of the relevant parliamentary committee.
Wrap-up BTA Signs Partnership Agreement with Association of Interpreters and Translators in Bulgaria
The Bulgarian News Agency (BTA) and the Association of Interpreters and Translators in Bulgaria signed a partnership agreement at the BTA National Press Club in Sofia on Wednesday. The document was signed during a press conference marking the
Balkans
North Macedonia Interior Ministry Dismantles Organized Crime Group Involved in Drug Trafficking, Economic Crimes
One Dead as Heavy Rain Causes Flooding on Greek Island of Crete
An 80-year-old livestock farmer was found dead on Thursday in the Rethymno area on the southern Greek island of Crete as heavy rain caused flooding in the area, Greek news media reported Thursday. It is believed that he died as a result of rising
Turkiye Expands Investigation into Alleged Investment Fund Market Manipulation, 217 Suspects Identified
The investigation into the alleged manipulation of investment fund transactions in Turkiye, which has also led to a high-level political resignation within the ruling Justice and Development Party, is expanding. So far, 34 people have been arrested,
Bulgarian Municipal Officials Exchange Experience on EU Projects in Kavala
A delegation of Bulgarian local government representatives met officials in Kavala, northern Greece, to exchange experience in municipal planning and EU-funded projects, Greek local media reported Wednesday, citing the Kavala municipal authorities.
Keynote Speech by Economist Ilian Mihov Launches Bucharest Impact SEE Forum
An international business and technology forum, Impact SEE, in Bucharest opened with a presentation by Bulgarian economist Ilian Mihov. The world-renowned economist and longtime dean of the prestigious INSEAD business school delivered a keynote