Election results partially overturned
On Thursday, the Constitutional Court ruled the election of 16 members of parliament from various political groups to be unlawful, affecting representatives from GERB, ITN, MECH, Vazrazhdane, MRF-New Beginning, PP-DB, BSP, and APS. The ruling took effect immediately on March 13.
As a result, the Central Election Commission (CEC) must recalculate the election results and appoint 15 new MPs to replace the disqualified ones. Additionally, the CEC will determine whether the recalculated results allow the party Velichie to enter parliament.
Extension of mining concession until 2041
The copper mining company Elatsite Med, part of the Geotechmin group, will continue operations until at least 2041 after the government approved a concession extension on Wednesday.The current contract was set to expire in 2031, but proven additional reserves allow the company to mine for another 10 years. The new agreement, which awaits the Minister of Energy's signature, will enable long-term planning and investments estimated at 1.2 billion levs.
The concession area will expand by over 5,000 decares to a total of 21,800 decares, aligning with the company's mining development plan. Additionally, the concession fee has been adjusted to comply with current legislation. The extension process took over two years, following the company's request in 2022. Originally, the mine was expected to close in 2006, but ongoing exploration and improved extraction technologies have repeatedly extended its operational life.
BulgAIria is back on
Bulgaria has been selected to host one of the six new artificial intelligence (AI) factories funded by the European Union. The country secured a 90 million euro project named BRAIN++, which will be developed in collaboration with Sofia Tech Park and the Institute for Computer Science, Artificial Intelligence, and Technology (INSAIT).The European High-Performance Computing Joint Undertaking (EuroHPC JU) announced the list of selected countries, which includes Austria, Germany, Poland, Slovenia, and France. This follows EuroHPC's December 2024 decision to establish seven AI factories across Europe, with a total investment of 1.5 billion euro in Germany, Greece, Spain, Italy, Luxembourg, Sweden, and Finland.
Election results partially overturned
On Thursday, the Constitutional Court ruled the election of 16 members of parliament from various political groups to be unlawful, affecting representatives from GERB, ITN, MECH, Vazrazhdane, MRF-New Beginning, PP-DB, BSP, and APS. The ruling took effect immediately on March 13.
