Day in 3 news: Justice Minister to demand Geshev’s resignation, Bank deposits surpass 100 bln BGN in December, Bulgaria among leading sports goods exporters

Justice Minister Nadezhda Yordanova will officially demand SJC to look into Prosecutor General Ivan Geshev's resignation

Day in 3 news: Justice Minister to demand Geshev’s resignation, Bank deposits surpass 100 bln BGN in December, Bulgaria among leading sports goods exporters

Justice Minister Nadezhda Yordanova will officially demand SJC to look into Prosecutor General Ivan Geshev's resignation

© Georgi Kozhouharov


On Tuesday the investigation into problematic gas deals made by Bulgargaz reached the State Prosecution and the Internal Ministry, but so far without much sign that it will progress. The probe relies on the testimony of a single witness, one of the supervising prosecutors told journalists. Parliament will discuss the issue behind closed doors on Friday. Talking about the prosecution

Justice Minister can demand Prosecutor General's resignation, says she will do so soon

Justice Minister Nadezhda Yordanova said that her institution will soon complete an analysis of the inactions of Prosecutor General Ivan Geshev over key high-profile cases and take it to the Supreme Judicial Council (SJC), which ought to rule over his future at the post.

Ms Yordanova spoke to reporters a few hours after the Constitutional Court ruled that the Minister of Justice is in a position to call for the resignation of any of the "big three" Bulgarian magistrates - the Prosecutor General and the heads of the SJC and the Supreme Court of Cassation. The ruling comes after an unsuccessful attempt by Ms Yordanova's predecessor Yanaki Stoilov to demand SJC dismiss Mr Geshev last summer, which was deemed impermissible by members of the Supreme Court.

Bank deposits up 9.1% to 102 billion BGN in December 2021: National Bank

According to data from the Bulgarian National Bank (BNB), deposits in Bulgarian banks continued to grow in December of last year. Total savings accumulated in banks have surpassed the 100 billion BGN mark again in the last month of the year, reaching 101.9 billion BGN, or 79.3 percent of the country's GDP. On an annual basis this marks a 9.1 percent increase. A more indepth review shows that only larger deposits (between 500,000 and a million BGN) are on the rise, while the more common savings of up to 5,000 BGN actually shrank.

Bulgaria among leading EU exporters of sports goods: Eurostat

The export of sports goods from Bulgaria is 2.4 times higher than imports into the country, the highest ratio in the EU, the European statistical authority Eurostat said. In 2020 the country sold 233 million euro worth of sports equipment, while importing only 99 million euros, creating a positive trade balance at just over 134 million euros. Among the main export items are bicycles (almost 46 percent of total exports) and winter sports equipment, where Bulgaria is second only to Austria, exporting 565 thousand pairs of skis or snowboards in 2020.

On Tuesday the investigation into problematic gas deals made by Bulgargaz reached the State Prosecution and the Internal Ministry, but so far without much sign that it will progress. The probe relies on the testimony of a single witness, one of the supervising prosecutors told journalists. Parliament will discuss the issue behind closed doors on Friday. Talking about the prosecution

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