Government prepares bill to restrict retail chains
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The Bulgarian government is preparing new legislation aimed at regulating retail chains, citing concerns over noise levels and store density. Simultaneously, the cabinet has submitted a bill for a windfall tax to the National Assembly, as businesses are slated to receive compensation for high electricity costs incurred in October.
In other developments, the General Directorate for Combating Organized Crime (GDBOP) has arrested the owner of ‘Bulmetal’ as part of a major operation against illegal surveillance. This comes amidst an investigation revealing significant profits from the country's gambling industry. Meanwhile, a tanker carrying 11,000 tons of sunflower oil has been shipwrecked near the coastal town of Shabla.
Politically, Boyko Borissov, leader of GERB, has publicly described the Bulgarian parliament as a 'senseless organization'. On the economic front, a Bulgarian company is preparing for its debut on a US stock exchange, while livestock farmers are organizing protests.