Bulgaria's ruling center-right Citizens for European Development of Bulgaria (GERB) party is committed to pass in months a new Public Tenders Act.
The GERB Member of the Parliament, Emil Radev, said Wednesday the Act must be replaced entirely because its foundation is wrong, and none of the amendments can prevent all possibilities for violations, adding the Public Tenders Agency is now analyzing the issues and in about 6 months the new Act could be prepared.
Radev's words come on the heels of the Tuesday publication of the European Commission's report on Bulgaria's progress in justice and home affairs through the so-called Co-operation and Verification Mechanism (CVM), paying special attention to the public tenders which remain largely threatened by conflict of interests.
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WEF: Bulgaria Rises to Spot 70 in Competitiveness List
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Bulgarian Motorcycling Federation 'Sorry' about F1 Blunder
The Bulgarian Motorcycling Federation extended Wednesday apologies to the Economy Ministry and personally to Prime Minister, Boyko Borisov, in connection with the Formula 1 scandal.
In an official le...
Bulgaria Economy Contraction Slows down to 1.4% y/y Q2
Bulgaria's gross domestic product (GDP) shrank 1.4% year-on-year in the second quarter, slightly milder that the 1.5% drop forecast by a flash estimate, the statistics office said on Wednesday.
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Bulgaria Minister ‘Full of Doubts’ over F1 Investor Integrity
Bulgaria’s economy minister has criticized an Abu Dhabi company interested in investing in a Formula 1 racetrack near Sofia after the scandal over the deal tarnished the image of his department.
“The...
Bulgaria Minister 'Full of Doubts' over F1 Investor Integrity
Bulgaria’s economy minister has criticized an Abu Dhabi company interested in investing in a Formula 1 racetrack near Sofia after the scandal over the deal tarnished the image of his department.
“The...
Sofia Unaware of Moscow Wed Meeting over Oil Pipeline
Bulgaria's finance ministry has denied their representatives are expected in Moscow on September 8 for talks on the construction of the Burgas-Alexandroupolis oil pipeline.
“The economic plan for the...
Bulgaria Parliament Mulls 2% Tax on Insurance Premiums
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Russian Investment Funds Eye Bulgarian SPA Centers
Russian Investment funds show increased and growing interest in Bulgarian SPA centers both on the Black Sea coast and inside the country.
The information was reported by the Bulgarian National Radio ...
Bulgarian Trains Canceled Because of Strike in Greece
The international trains traveling between Bulgaria and Greece will be canceled on September 8-9 because of a strike in Greece on those dates.
Bulgaria's state railway company BDZ announced that the ...
Bulgarian Govt Vows to Obliterate Budget Deficit by 2013
Bulgaria will have a budget deficit of 2.5% in 2011, and will bring it under 1% in 2013, according to Deputy Finance Minister Vladislav Goranov.
Speaking at a public discussion forum dedicated to the...
