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Archived edition · September 24, 2026 Today's news →

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Corruption 🚨

Corruption Signal Sent to PM, New Tax Plans Unveiled Amid Election Developments

The political landscape is abuzz with a new signal of alleged political corruption sent to Prime Minister Rumen Radev by Borislav Sarafov. Meanwhile, the presidential election campaign is gaining momentum, with twenty candidates receiving media advertising funds and the ballot order finalized. Notably, the Movement for Rights and Freedoms has announced it will not nominate its own presidential candidate.

On the economic front, the Ministry of Finance has indicated a move towards higher taxes, including on property and windfall profits, and proposed accelerated depreciation and an increased VAT threshold. Citizens are also facing concerns over artificially inflated diesel prices and an Ombudsman's call for compensation due to hot water cutoffs. The government is preparing to provide heating aid to nearly 338,000 families.

In other key developments, the Bulgarian technology firm Shelly has been acquired by Schneider Electric for a substantial 1.2 billion euros. Discussions are also underway regarding a shift from traditional heating methods to electricity and pellets, and the PISA 2025 results are prompting calls for educational reforms.

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Political Corruption Allegations

Borislav Sarafov, who previously served as acting Prosecutor General and director of the National Investigation Service, has filed a report with Prime Minister Rumen Radev concerning alleged political corruption. This development comes as the Prime Minister's past actions, such as personally choosing an ambassador now facing recall, are also under scrutiny in relation to a Member of the National Assembly.

Presidential Election Updates

As the presidential election approaches, twenty candidates have each been allocated 20,000 euros for media advertising. The Central Election Commission has finalized the order of candidates on the ballot. Notably, the Movement for Rights and Freedoms (DPS) has announced it will not put forward a presidential candidate. The highest number of applications to vote have come from citizens residing in Turkey, and a comprehensive guide for the October 25th elections has been published. Iliana…

Economic and Fiscal Policy Changes

The Ministry of Finance has announced a shift towards higher taxes, specifically on property and windfall profits, and has proposed measures such as accelerated depreciation and an increased VAT threshold. Meanwhile, concerns are rising over diesel prices being inflated by at least 20 euro cents per liter, and the Ombudsman is advocating for compensation for citizens affected by hot water supply interruptions. Nearly 338,000 families are set to receive heating assistance to mitigate energy…

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