A Bulgarian investment company, Galata-Varna AD, has broken all financial records on the Bulgarian Stock Exchnage (BSE) on Wednesday. Galata broke the record for profitability on its first day of trading at BSE, with two transactions and 2 890 traded securities. The trades resulted in a turnover of BGN 26 M, accounting for the majority [...]
The combined profit of the banks in Bulgaria will decline by 50% in 2009 compared to 2008. This has been forecast by Ivan Iskrov, head of the Bulgarian National Bank, as cited by the Pari Daily. Thus, the total profit of the Bulgarian banks is expected to amount to BGN 700 M in 2009. The [...]
Bulgaria’s retirees who had a monthly pensions up to BGN 200 in the month of December will officially receive BGN 25 as a Christmas bonus. The bonus, formally approved Wednesday, will be paid in January to nearly 950 000 retirees. Those eligible should not have exceeded the BGN 200 monthly income for December, which includes [...]
The retirement age in Bulgaria will gradually go up until 2022, but will not surpass 65 years for men and women. The information was revealed by the Minister of Social Policy and Labor, Totyu Mladenov, Tuesday. Mladenov said that after 2011, his Ministry is to prepare a 10-year schedule for the gradual increase of the [...]
Exclusive interview of Novinite.com (Sofia News Agency) with the Chief Architect of Sofia, Petar Dikov. Twenty years ago Sofia used to be a city of 1 million people with closed residence. Today some estimates place its population at 3 million people, and over 1 million cars. How has Sofia changed during the post-communist transition? How [...]
A more detailed transcript of Thursday’s conversation between Erdogan and Borisov over the debate on the 10-minute Turkish-language news emissions on the Bulgarian national TV was reported Friday by CNN Turk. Turkey’s PM has called his Bulgarian counterpart a couple of days after Borisov declared himself in favor of the initiative of the nationalist party [...]
Nikolay Galchev, a Bulgarian building contractor, has announced on Friday that he has bought the Vratsa-based Himko agro-chemical works for an undisclosed sum. The “Galchev Engineering Group” had formally bought out “Novo Himko”, an enterprise that went bankrupt at the end of 2004, some five months ago. Galchev refused to divulge the purchase price, for [...]
Bulgaria’s National Council for Tripartite Cooperation has approved the level of the national minimum monthly wage for 2010. The sum remains the same as that of 2009 – BGN 240. The minimum hourly wage has been fixed at BGN 1,42 for the normal eight daily working hours, five days per week, according to the Government [...]
More than 5 000 people attended the opening of the winter season at the Bulgarian ski resort Borovets in the Rila Mountain. The resort expects a 10% decline of Russian tourists, a growth of tourists from Serbia and Macedonia, and retaining last year’s number of UK visitors, according to Neli Sandalska, CEO of Balkantourist, as [...]
Bulgarian poet and writer Georgi Gospodinov is one of thirty-five European writers, featuring in the “Best European Fiction 2010”, which recently went on sale in the United States. Including 35 stories from 30 countries, the book offers an appealingly diverse look at the Continent’s fiction scene: from prominent authors like Hungary’s George Konrad and Spain’s [...]
ICANN CEO and President Rod Beckstrom: It’s Great Bulgaria Cares So Much about Cyrillic Domains
Sir Alex Assuages Berbatov Injury Fears
Bulgarian Christian Orthodox Honor Saint Sava
Bulgarian Food Safety Watchdog Orders 22kg of Spoiled Yellow Cheese Incinerated
Bulgarian Parliament to Vote State Budget 2012 on 2nd Reading
Bulgarian Cabinet Firm on Not Surrendering to Farmers
Poland Favors EU Treaty Change to Rescue Eurozone
