Bulgaria Eases State Property and Investment Rules

Bulgaria 31 July 2025 22:40

Parliament passed amendments to the State Property Act on Thursday with support from GERB-UDF, Movement for Rights and Freedoms - New Beginning, BSP - United Left, There Is Such a People, and two independents. Other parties, including Continue the Change - Democratic Bulgaria and Vazrazhdane, did not take part, CE Report quotes BTA

The new rules allow parts of state-majority-owned companies to be sold via electronic auctions. Changes to other laws were also adopted.

Under the revised Medical-Treatment Facilities Act, property rights may now be granted to state-owned hospitals without auctions for healthcare purposes.

Amendments to the Investment Promotion Act shorten approval times by half for nationally significant projects, including those under environmental and industrial park regulations.

Additionally, the Supreme Administrative Court (SAC) will now handle appeals related to the compulsory purchase of private properties for national projects. The SAC will receive more judges by early 2026 to support this new responsibility.

Tags

Jazz Festival Opens in Borovets with Tribute to Founder

1 August 23:00

The 4th International Jazz Festival Dr Emil Iliev opened on Friday in Borovets, Bulgaria’s oldest winter resort.

"Valdobrev Records at Ancient Salt Site"

1 August 21:20

Bulgarian musician Stefan Valdobrev and his band The Usual Suspects have begun work on their new project The Acoustics of Bulgaria at the prehistoric Provadia-Solnitsata site.

Levski Falls to Braga, Drops to Conference League

1 August 15:25

Levski lost 0-1 to Braga after extra time in their UEFA Europa League qualifier in Portugal on Thursday.

Arda Advance after Penalty Drama in Helsinki

1 August 09:53

Bulgarian side Arda secured a spot in the third qualifying round of the 2025–26 UEFA Conference League after a dramatic 4-3 penalty shoot-out win over HJK Helsinki on Thursday night.

NAA Summer Art Academy Opens August 4

1 August 08:00

The 16th Summer Academy for Children and Students of the National Academy of Art (NAA) will begin on August 4 at the Faculty of Applied Arts and Design.

Valdobrev Launches "Acoustics of Bulgaria" Project

31 July 23:00

Actor and musician Stefan Valdobrev has launched a new project titled The Acoustics of Bulgaria, starting with recordings and filming in Varna, he announced at a BTA press conference on Thursday.

Ludogorets Advance After Extra-Time Win Over Rijeka

31 July 15:10

Bulgarian champions Ludogorets reached the Champions League third qualifying round with a 3-1 extra-time victory over Croatian side Rijeka.

Bulgaria’s External Debt Rises 16% to €50.8B

30 July 19:00

Bulgaria’s gross external debt reached €50.83 billion by the end of May 2025, a 16% year-on-year increase, according to data released by the Bulgarian National Bank on Wednesday.

Bulgaria icon named among top 100 strikers

30 July 15:30

Levski and Bulgaria icon Georgi “Gundi” Asparuhov has been ranked 78th among the 100 greatest strikers in football history by British outlet SPORTbible. He is the only Bulgarian on the list.

OKO Festival to Screen 90 Ethnographic Films

30 July 12:00

The 6th OKO International Ethnographic Film Festival will take place in autumn 2025 across Bulgaria and Ukraine, presenting 90 films from 52 countries in seven main sections, Festival Executive Director Serhii Zeinalov told BTA on Tuesday.

Ex-Mayor Ivancheva Walks Free

29 July 23:30

Former Mladost Borough Mayor Dessislava Ivancheva was released from Sliven women's prison on Tuesday after being granted a presidential pardon by Vice President Iliana Iotova.

Sacrée Femme Festival Celebrates Femininity

29 July 19:40

A festival titled Sacrée Femme (Amazing Woman) will be held from August 1 to 3 in the village of Vetren, located on the Danube River in Bulgaria’s Silistra Region.

Bulgaria Eases State Property and Investment Rules

Tags

Related articles

Most read

Press Releases

Features