Bulgarian Business Club Newspaper

Archive for ‘November, 2009’

Ex-Finance Minister Worried about New Govt Raising Budget Deficit

Ex-Finance Minister Worried about New Govt Raising Budget Deficit

Bulgaria’s former Finance Minister, Plamen Oresharski, has declared he was concerned about certain clauses in the 2010 State Budget Act. Oresharski said the 2010 state budget was not balanced. And even though the envisaged deficit of 0,7% was minor, there were provisions in the law saying that the deficit could be increased. This means the [...]

Bulgaria Declassifies Documents on Settling of Liberia Debt

Bulgaria Declassifies Documents on Settling of Liberia Debt

Bulgaria’s Finance Ministry made public Sunday new secret documents on the settling of Liberia’s debt to the country. The declassified documents are a protocol decision of the Council of Ministers for Bulgaria’s participation in the initiative of G-8 for settling Liberia’s expired debts, and a letter from the former cabinet to the former Bulgarian Ambassador [...]

Bulgaria Agriculture Minister Declares All-out War on Land Swaps

Bulgaria Agriculture Minister Declares All-out War on Land Swaps

The situation in Bulgaria’s Agriculture Ministry is absolutely terrible since it has been ruled by the ethnic Turkish party DPS since 2001. This was stated by Bulgaria’s Agriculture Minister, Miroslav Naydenov, in an interview for Nova TV Sunday night. Naydenov said the former administration of the Ministry had failed to respond to extremely important for [...]

Diaspora Agency Head: 100 000 Bulgarians Live in Chicago

Diaspora Agency Head: 100 000 Bulgarians Live in Chicago

About 100 000 Bulgarians live in Chicago, according to Rayna Mandzhukova, Director of the Agency for Bulgarians Abroad. Mandzhukova said Sunday at a news conference that various estimates put the number of Bulgarians immigrants in Chicago between 80 000 and 120 000. She declared that the Bulgarian state must take better care of the Bulgarian [...]

Bulgaria Foreign Minister Sets out to Seek US Energy Investors

Bulgaria Foreign Minister Sets out to Seek US Energy Investors

Bulgaria’s Foreign Minister, Rumiana Jeleva, has left for an official visit to the USA, where is she is going to meet with Secretary of State Hillary Clinton on Monday, November 23. Jeleva is going to invite US energy companies to invest in the large-scale energy projects in Bulgaria, including the Belene Nuclear Power Plant, and [...]

Bulgaria Obsolete Steel Mill Relinquishes Permit Quest

Bulgaria Obsolete Steel Mill Relinquishes Permit Quest

Bulgaria’s former largest steel mill “Kremikovtzi” had withdrawn the application for a complex permit for its environmentally clean productions. The move has happened a month ago, the Minister of Environment, Nona Karadzhova, announced Thursday, adding the permit would not be issued. The deadline for the mill to obtain the permit expired more than a year [...]

17th Swine Flu Death Registered in Bulgaria

17th Swine Flu Death Registered in Bulgaria

A 39-year-old woman became the 17th Bulgarian fatality from the A(H1N1) virus Sunday. The woman died in the hospital in the southern Bulgarian city of Pazardzhik. She was admitted 10 days with the flu, as well as with pneumonia, and is reported to have had a bad form of obesity. She died as a result [...]

Bulgaria Winter Tourist Season to Be Salvaged by Bulgarians

Bulgaria Winter Tourist Season to Be Salvaged by Bulgarians

It will be down to the Bulgarians themselves to salvage the winter tourist season, just as it happened in the summer, operators have warned. Already, charter flights from Russia to Bulgaria for Christmas and New Year have been canceled because of problems with issuing Bulgarian visas to Russian citizens, Donka Sokolova, chairwoman of the Bulgarian [...]

Hit Bulgarian Movie Wins Its 21st International Award

Hit Bulgarian Movie Wins Its 21st International Award

The hit 2008 Bulgarian movie “The World Is Big  and Salvation Lurks around the corner” won Sunday the grand prix at the Listopad Festival in Belarusian capital Minsk. Thus, movie of director Stefan Komandarev, which is based on the novel of Bulgarian-German writer Iliya Troyanov (Ilija Trojanow), and is co-produced with Slovenia, Germany and Hungary, [...]

Energy Minister Confident Bulgaria Can Deal with New Gas Crisis

Energy Minister Confident Bulgaria Can Deal with New Gas Crisis

Bulgaria’s Energy Minister, Traicho Traikov, voiced his firm confidence the country can successfully deal with an eventual gas crisis during the winter. Traikov spoke Saturday in an interview for Darik radio. The Minister said a crisis, similar to the one from January 2009, would not be welcomed by anyone, but pointed out the Chiren gas [...]

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