Yordan Tsonev

Trade union representatives at Bulgaria's Customs Agency have threatened protests unless their demands, including the termination of the merger with the National Revenue Agency (NRA), are discussed.

The centre-right GERB and the Movement for Rights and Freedoms (DPS) will negotiate on Tuesday afternoon on the formation and support for new government.

At a press conference on Monday DPS leader Lyutvi Mestan said his party will offer unconditional support for a minority GERB government, but refused to support a government formed in coalition with far nationalist parties.

Bulgarian lawmakers have rejected a motion that would have revoked the secrecy protecting credit files of politicians at Corporate Commercial Bank (KTB).

The bill was proposed by Yordan Tsonev, an MP from the liberal Movement for Rights and Freedoms (DPS) who was also the Chair of the outgoing Parliament's Budget and Finance Committee.

Lawmakers in Bulgaria's Parliament decided not to discuss an update of the 2014 state budget.

As their emergency session held Monday kicked off, MPs voted that the motion initially proposed by the Council of Ministers would not be included into the agenda.

Center-right party GERB and liberal party DPS have agreed to hold an extraordinary sitting of Parliament on July 29 at 3 pm.

The proposal for the extraordinary sitting came from Yordan Tsonev from DPS (Movement for Rights and Freedoms).

Ivan Iskrov, Governor of the Bulgarian National Bank (BNB) has attended an extraordinary session at the Budget and Finance Committee at Bulgaria's Parliament.

Lawmakers adopted at first reading amendments to the law regulating the activity of offshore companies in Bulgaria.

Bulgarian lawmakers back a proposal envisaging jail for dissemination of false news on banks, Parliament's Finance Committee Chair Yordan Tsonev said.

Bulgarian National Bank (BNB) proposes amendments to the Penal Code envisaging imprisonment for those disseminating misleading information about banks.

The institution has tabled its proposal containing suggested legal changes to Parliament's Budget and Finance Committee headed by liberal lawmaker Yordan Tsonev (DPS), the bank said in a message to the media.

Bulgaria's parliamentary committee on economic policy and tourism approved the merger of the anti-trust and consumer protection watchdogs.

The proposal passed first reading at the parliamentary committee on Thursday.