Vasil Bozhkov, the oligarch charged with 11 counts, including tax evasion to the tune of BGN 700m, has launched yet another attack against the establishment. Once again, his target became Minister of Finance Vladislav Goranov, who last week was the subject of a smear campaign by Bozhkov.

The fugitive oligarchs Vasil Bozhkov and Tsvetan Vassilev have made a comical attempt at attacking the state via KGB methods. The two openly joined forces in the latest attack on the government, and PM Boyko Borissov in particular, by exploiting the drama surrounding FC Levski, the football club Bozhkov ran into the ground. The instrument of destruction used in this case is Sasho Dikov, journalist on call and long-time town crier for the Bulgarian Madoff.

Reducing the Value-Added Tax (VAT) to 9% on baby foods and pharmaceutical products, including on disposable diapers, for children below the age of three propose MP of the Movement for Rights and Freedoms (MRF) and publisher of Telegraph Media Delyan Peevski along with his colleagues MRF Chairman Mustafa Karadayi and MRF deputy floor leader Yordan Tsonev. They have proposed amendments to the Value-Added Tax Act.

Bulgaria's government on Wednesday declared an epidemic emergency until 14 June, allowing the health minister to extend restrictions aimed at containing the coronavirus outbreak. The measure replaces a state of emergency introduced in the middle of March, under which the country imposed travel bans, prohibited socialising in public spaces and closed schools, restaurants and bars.

Bulgaria may enter ERM II, the so-called “waiting room of the Eurozone”, in July as long as it meets one last condition, Valdis Dombrovskis, Executive Vice-President of the European Commission, told Bulgarian National Radio.

Until recently, the legislative initiatives of lawmaker Delyan Peevski were keeping the oligarchy awake at night. Those acts stopped the secondary plundering of CorpBank assets and facilitated the return of BGN 1.25bn to the insolvency estate of the lender whose collapse was engineered by the financial fraudster Tsvetan Vassilev. They also laid the groundwork for introducing more transparency into media ownership and financing.

Stalin may have been dead for nearly 70 years now but his pernicious legacy is still living. The proof to that are his eminent followers in Bulgaria who under socialism were sitting pretty at the communist nomenclatura feeding rack and after the onset of democracy changed into expensive suits, put on white collars, privatised for cents on the dollar whatever they could get hold of and with the plundered money purchased their own media to have a chance to go on privatising.

Peevski Act has helped to restore BGN 1,25bn to CorpBank reduced to bankruptcy by Tsvetan Vassilev, the bank reported. The statement reads that the bank’s revenue receipts have increased by €125m. After years-long litigations in Bulgaria and UK on 7 May 2020, nearly €125m arrived in the account of CorpBank AD (under insolvency), the sum with which in 2012 the bank financed the acquisition of the majority stake in the Bulgarian Telecommunications Company. 

The paranoia gripping certain indicted Bulgarian oligarchs such as Tsvetan Vassilev, who is currently hiding abroad, and his media partner Ivo Prokopiev has reached unthinkable, schizophrenic levels. This much was made obvious by the website for malicious paid articles Frognews, which is ran by Ognyan Stefanov, former Agent Academician of the State Security.

Do you know what the origin of the word “casting” is? Its etymology is as ancient as fishing. It is derived from the old Norwegian word for casting a fishing rod. Later they started to use in the process of distributing roles in theaters. The context is clear – someone casts the rod with a bait, the other renders services and you cast him or her in the role.