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Bulgaria
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Tuesday, August 04, 2026
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New allegations of corruption are emerging, including claims of a prosecutorial cover-up in the E-79 highway project and a Sofia city prosecutor's alleged travel with a controversial figure. A prosecutor involved in the 'Hemus' highway case has claimed removal after mentioning former Prime Minister Boyko Borissov's name. Further judicial scrutiny sees the Prosecutor's Office ordered to pay 150,000 BGN in damages for a seized vehicle. Meanwhile, Constitutional Court Judge Desislava Atanasova is reportedly not rushing to sue Minister of Interior Ivan Demerdzhiev over a flight taken with Delyan Peevski, leader of the Movement for Rights and Freedoms party.
On the economic front, Bulgarian banks have reported record profits for the third time, surpassing 2 billion euros, with DSK and UniCredit transferring over 500 million to foreign entities. Deputy Prime Minister Nikolay Pekanov expressed optimism about receiving 95% of the Recovery and Resilience Facility funds by autumn, indicating progress in economic recovery. However, the Sofia heating company reported a significant loss exceeding 400 million BGN, and the government approved a 33% stake for a Turkish company in Black Sea oil and gas exploration, a move that could impact the country's energy sector.
In political developments, Ivaylo Mirchev, co-leader of Yes, Bulgaria! and a Member of the National Assembly, criticized Prime Minister Rumen Radev regarding a European anti-ballistic coalition. Separately, Daniel Valchev, Dean of the Faculty of Law at Sofia University, announced he will not be running for president in the upcoming elections.
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Top Stories
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Fresh allegations have emerged concerning prosecutorial cover-ups in the E-79 highway project and a Sofia city prosecutor's alleged travel with a controversial figure known as 'Pepi Euroto'. A prosecutor involved in the 'Hemus' highway case claims removal after mentioning former Prime Minister Boyko Borissov's name. Separately, the Prosecutor's Office has been ordered to pay 150,000 BGN in damages for a seized car. Constitutional Court Judge Desislava Atanasova is reportedly not rushing to sue…
Mediapool:
E-79: Where did the millions sink and who provided a prosecutorial umbrella?
An investigative report questions the whereabouts of millions of funds related to the E-79 highway project and alleges a prosecutorial cover-up.
Sega:
Atanasova Not Rushing to Sue Demerdzhiev Over Flight with Peevski
Desislava Atanasova is reportedly not in a hurry to sue Demerdzhiev concerning a flight taken with Peevski, suggesting potential political maneuvering or a lack of immediate grounds for legal action.
Mediapool:
Stop evading: Sofia's city prosecutor traveled with Pepi Euroto
An article claims that the Sofia City Prosecutor traveled with a figure known as 'Pepi Euroto', suggesting a potential conflict of interest or impropriety.
Mediapool:
Borisov's name was mentioned and I was removed. The prosecutor in the Hemus…
A prosecutor involved in the 'Hemus' highway case claims they were removed from the case after mentioning former Prime Minister Borisov's name.
Sega:
Prosecutor's Office Ordered to Pay 150,000 BGN for Seized Car
The Prosecutor's Office has been ordered to pay 150,000 Bulgarian levs as compensation for a 'stripped down' seized automobile, pointing to a case of improper handling or damage to seized property.
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Bulgarian banks have achieved record profits, surpassing 2 billion euros for the third time, with DSK and UniCredit transferring significant amounts abroad. Deputy Prime Minister Nikolay Pekanov expressed optimism about securing 95% of the Recovery and Resilience Facility funds by autumn. Meanwhile, the Sofia heating company reported a substantial loss exceeding 400 million BGN, and the government approved a 33% stake for a Turkish company in Black Sea oil and gas exploration.
OFFNews:
Pekanov optimistic: My goal is to receive 95% of the PWS funds by autumn
Economy Minister Nikolay Pekanov expressed optimism about receiving 95% of the Recovery and Resilience Facility funds by autumn, indicating progress in Bulgaria's economic recovery efforts.
Capital:
Bank Profits Reach 2 Billion Euros for the Third Time
Bulgarian banks have achieved record profits, surpassing 2 billion euros for the third time, indicating a strong performance in the financial sector.
OFFNews:
Government approves 33% stake for Turkish company in Black Sea oil and gas…
The Bulgarian government has approved a 33% participation for a Turkish company in the exploration of oil and gas resources in the Black Sea, a move that could impact the country's energy sector.
Mediapool:
Banks with record profits, DSK and UniCredit transferred over 500 million to…
Bulgarian banks, including DSK and UniCredit, have reported record profits, with significant amounts being transferred abroad.
Capital:
Sofia Heating Company's Loss Exceeds 400 Million BGN
The Sofia heating company reported a significant loss of over 400 million Bulgarian levs for the year 2025, highlighting financial difficulties in the energy sector.
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Ivaylo Mirchev, a Member of the National Assembly and co-leader of Yes, Bulgaria!, criticized Prime Minister Rumen Radev's stance or actions concerning the establishment of a European anti-ballistic coalition, indicating a political disagreement on foreign policy and defense. Separately, Daniel Valchev, Dean of the Faculty of Law at Sofia University, announced that he will not be running for president in the upcoming elections.
Sega:
Mirchev Attacks Radev Over European Anti-Ballistic Coalition
Mirchev criticizes President Radev's stance or actions concerning the establishment of a European anti-ballistic coalition, indicating a political disagreement on foreign policy and defense.
OFFNews:
Daniel Valchev will not be a presidential candidate
Daniel Valchev, a prominent political figure, has announced that he will not be running for president in the upcoming elections.
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A yellow code alert has been issued for high temperatures across most of Bulgaria, indicating potentially hazardous weather conditions. The movement of heavy trucks will be restricted nationwide for three days, likely due to safety concerns or road maintenance. A Bulgarian national, previously convicted 19 times for fraud, has allegedly obtained 19 loans using forged documents and other people's identities. Additionally, importers of medications for rare diseases are warning that new…
Mediapool:
Yellow code for hot weather in almost the entire country
A yellow code alert has been issued for high temperatures across most of Bulgaria, indicating potentially hazardous weather conditions.
Sega:
Heavy Truck Movement Restricted for 3 Days Across Bulgaria
The movement of heavy trucks will be restricted across Bulgaria for a period of three days, likely due to road maintenance, safety concerns, or specific events.
OFFNews:
19-time convicted fraudster took out 19 fast loans in someone else's name
A Bulgarian national, previously convicted 19 times for fraud, has allegedly obtained 19 loans using forged documents and other people's identities.
OFFNews:
Importers of medicines for rare diseases warn: New procedures may leave…
Importers of medications for rare diseases are issuing a warning that new regulatory procedures could hinder patients' access to essential treatments.
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Kamen Georgiev discussed the ongoing development of underwater cable infrastructure, which will connect the Mediterranean to Bulgaria, potentially enhancing the country's digital connectivity.
Mediapool:
Interview: Kamen Georgiev: Underwater cables from the Mediterranean are…
Kamen Georgiev discusses the development of underwater cable infrastructure connecting the Mediterranean to Bulgaria.
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