The first sitting of the newly elected 45th National Assembly will take place on Thursday, April 15th, according to a decree signed today by President Rumen Radev. At the meeting, the leadership of the parliament must be elected. According to unofficial information, the chairman will be from Slavi Trifonov's party, and each party is expected to nominate a deputy speaker of parliament.
According to the constitution, the president must first convene parliament and consult parliamentary groups. He then assigns the task of forming a government to the candidate for prime minister who's nominated by the largest parliamentary group, GERB.
BIH attracts $725k to expand startup acceleration program
Silicon Valley-based Bulgarian Innovation Hub (BIH) has attracted another 725,000 US dollars to expand its operations, according to Trending Topics. The organization aims to help Bulgarian startup founders set foot overseas. About 400,000 US dollars came from the America for Bulgaria Foundation in the form of a grant. The remaining 325,000 US dollars came from the startup ecosystem in Bulgaria which includes partners like Eleven, BrightCap Ventures, and Endeavor Bulgaria.
Bulgarian airlines want 50 million levs in state aid from the Sofia airport concession
About 50 million levs of the initial payment for the airport concession (worth 660 million levs with VAT) should go to companies in the aviation sector, Svetoslav Stanulov, the chairman of the Association of Bulgarian Airlines, has suggested to 24 Chasa newspaper. He claimed that the money would give the sector a breathing space in the crisis. However, given the current political uncertainty and the existing strain on the state budget, the chances of receiving such generous compensation seem slim.
Sales of Bulgarian goods abroad are up 2.8% in February
Bulgaria's goods exports grew by 2.8% on an annualized basis in February, approaching a sales volume of 5 billion levs, according to preliminary national statistics. The increase comes from trade with both EU and non-EU countries. Imports are also on the rise - sales increased by 2.6% to 5.4 billion levs, of which just over 3.4 billion came from EU member states. Thus, the trade deficit for the first two months of 2021 reached 702 million levs compared to 741 million a year earlier.