Presidential Race Gains New Entrants, Government Freezes Construction
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The political landscape is buzzing with the official entry of Andrey Gyurov and Georgi Kandev into the presidential race, intensifying competition for the 'Dondukov' 2 mandate. This development follows earlier reports of President Iliana Iotova's endorsement by the BSP, with Gyurov's party expected to decide on their support in mid-September. [cite: Mediapool, OFFNews, Capital, Dnevnik, Sega]
In a significant economic move, the government has decided to freeze new investments in the construction sector, a decision anticipated to have broad implications. Meanwhile, Bulgaria is facing a critical one-month deadline to apply for over 1.8 billion euros in recovery and resilience funding from the European Union. [cite: Sega, Mediapool]
Other notable developments include new regulations coming into force for the second pension pillar, impacting retirement savings. The State Agency for National Security (DANS) is also reportedly considering a proposal for its agents to function as psychotherapists, and Sofia's waste treatment plant requires repairs after 11 years of operation. [cite: OFFNews, Sega, Mediapool]