Radev threatens veto on state budget
President Rumen Radev has not yet vetoed the Law on the State Budget, but he threatened to do so if Parliament does not bring the Minister of Finance under control. His remarks pertained to the 2024 budget proposed by Minister of Finance Assen Vassilev, which was adopted late last week in the National Assembly.
"We are witnessing a series of adventures in the field of finance," the president stated, recalling his recent criticism of the government for introducing a fee of 20 levs per MWh for the transmission of Russian gas through Bulgaria.
Radev particularly criticized Vassilev's intention to sell the State Land Fund, which the head of state claims is pushed through the budget: "The intention of the Minister of Finance to sell off the State Land Fund is inadmissible. This land is a strategic resource, it affects our food security and cannot be used for current budget needs," he argued.
Borislav Mihaylov resigns as president of the BFU
Borislav Mihaylov has resigned as president of the Bulgarian Football Union (BFU). Mihaylov's resignation came exactly 11 days after the unprecedented bloody protests against the management that has led the BFU for the past 18 years.
"For everyone's peace of mind, I have resigned. Since I returned to the head of the football union, myself, the management of football, the entire administration of the BFU, have been subjected to unheard of pressure, constant criticism, slander, lies and aggression," he added in a statement.
"In a relatively short time we have fulfilled most of the goals in the strategy that was adopted in the last congress that I won. Yes, the national team did not perform at a good level, but when it comes to a sport played with a ball, there is no way to give guarantees of success. Everything else that depended on me and the BFU has been fulfilled," Mihaylov concluded after the meeting of the Executive Committee.
Impetus launches funding program worth 900 thousand euros
Bulgarian venture capital fund Impetus, which invests private resources in companies in the initial and growing stages of development, is organizing a new program for financing young companies in the fields of space technology, mobility and trade.
Kármán Line will distribute 900 thousand euros in three startups, and each will receive 300 thousand euros in return for a 10% stake in the companies. Applications for the program close on January 15th 2023.