The day in 3 news: New Magnitsky sanctions for Bulgarian officials; Radev meets Zelensky; Imports and exports grow in 2022

Конференция Банките и бизнесаВладислав Горанов

The day in 3 news: New Magnitsky sanctions for Bulgarian officials; Radev meets Zelensky; Imports and exports grow in 2022

Конференция Банките и бизнесаВладислав Горанов

© Надежда Чипева


USA hits GERB and BSP with Magnitsky sanctions

Five more individuals are to be sanctioned according to the Magnitsky Act, including the former Finance Minister Vladislav Goranov from GERB, and former BSP Energy Minister Rumen Ovcharov. The other three are also linked to BSP- Ivan Genov, Nikolay Malinov and Alexander Nikolov.

Last year two of the most influential underground figures in Bulgaria were also sanctioned- Delyan Peevski and Vasil Bojkov.

The Magnitsky act is designated for senior government officials who have conducted business endangering the interests of the United States of America. The sanctions are designed to thwart their access to American banks, funds or anything related to Washington.

Radev joins sanctions' sceptics at meeting with Zelensky

President Rumen Radev attended a sitting of the European Council in Brussels on Thursday where he met Volodymyr Zelensky and the Ukrainian delegation.

Radev sat alongside other national leaders who oppose harsh sanctions against Russia, as well as sceptics, and those who openly oppose sending military aid to Ukraine.

By his side were the prime ministers of Austria - Karl Nehamer, of Greece - Kyriakos Mitsotakis, of Slovenia - Robert Golob, of Hungary - Viktor Orban, and of Croatia - Andrej Plenković, all proponents of a softer approach to Russian sanctions.

Imports and exports soar

Bulgaria's exports in 2022 amounted to BGN 94.3 billion, an increase of 37.9% over 2021. Imports during the year totaled BGN 108.3 billion which is 41.1% more than the previous year.

In the period January - November 2022, texports from Bulgaria to the EU increased by 41.3% compared to the same period in 2021, and amounted to BGN 58.4 billion. Bulgaria's main trading partners were Germany, Romania, Italy, Greece, France and Spain. One of the biggest export items is still electricity

USA hits GERB and BSP with Magnitsky sanctions

Five more individuals are to be sanctioned according to the Magnitsky Act, including the former Finance Minister Vladislav Goranov from GERB, and former BSP Energy Minister Rumen Ovcharov. The other three are also linked to BSP- Ivan Genov, Nikolay Malinov and Alexander Nikolov.

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