The European Union is prepared to deliver immediate and coordinated help to the victims of the powerful 8,8 earthquake that struck Chile early Saturday. The information was announced by Kristalina Georgieva, the Bulgarian EU Commissioner for International Cooperation, Humanitarian Aid and Crisis Response. According to Georgieva, the Crisis Monitoring Department at the European Commission is [...]
February 28, 2010 | Posted in
Bulgaria-EU |
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The European Commission intends to be flexible about the deadlines for the EU ISPA program, including those for the construction of Danube Bridge II. The information was reported by the EC spokesperson, cited Saturday by the Bulgarian National Radio, BNR. EC says they are willing to extend the deadline until 2012 for several ISPA projects [...]
February 28, 2010 | Posted in
Bulgaria-EU |
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EU foreign minister Catherine Ashton and Humanitarian Aid Commissioner, Bulgaria’s Kristalina Georgieva, will visit quake-devastated Haiti on March 3-4. A spokesperson of the EC announced Friday that Ashton and Georgieva will have meetings with the President, Prime Minister, and Economy Minister of Haiti in order to discuss EU’s contribution for the recovery of the country. [...]
February 28, 2010 | Posted in
Bulgaria-EU |
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Bulgaria’s accession to the eurozone is primarily a political issue, the country’s president said in Brussels after conferring with Belgium’s Prime Minister Yves Leterme. Georgi Parvanov and Leterme were unanimous that Bulgaria is making a considerable progress in the justice and internal affairs field, which, according to them, is the reason to hope that the [...]
February 28, 2010 | Posted in
Bulgaria-EU |
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The European Commission’s interim report in connection with mechanisms for collaboration and control of internal affairs and justice systems in Bulgaria and Romania will be issued after March 3, according to reports. The exact date has not been penciled in yet but it will be after March 3 due to the preparations of the [...]
February 28, 2010 | Posted in
Bulgaria-EU |
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The number of Brits purchasing real estate property abroad is going down drastically according to a joint study conducted by the global real estate service provider Savills and HomeAway.co.uk. The repost shows that about 43 000 properties around the globe belong to UK citizens, the Bulgarian information agency BTA informs Saturday. In 2009, however, [...]
February 28, 2010 | Posted in
Business |
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Bulgaria’s Regional Development Minister, Rosen Plevneliev, has officially confirmed that construction of the next section of the Trakiya Highway will go ahead as scheduled, on May 3, 2010. Plevneliev announced on Friday the official decision on the winner of the contract for Lot 2 of the highway, the new section that will link Stara [...]
February 28, 2010 | Posted in
Business |
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Jumbo, the Greek chain of toy hypermarkets, has reported a 5,8% increase in sales to EUR 292,1 M mainly due to the double-digit growth of its operations in Bulgaria and Cyprus. The company said net profit fell to EUR 49,4 M in the six months to end-December after the government imposed a EUR 10 [...]
February 28, 2010 | Posted in
Business |
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Bulgaria’s second government securities auction within one week was oversubscribed by almost three times, as high interest rates attracted potential investors. The auction of government securities on Friday was as successful as the previous one, held on February 22. Both have been totally over-subscribed, as investors scrambled to buy in to the BGN 30 [...]
February 28, 2010 | Posted in
Finance |
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A new auction of government securities (GS) will be held on Friday, February 26, according to Finance Minister Simeon Djankov. The issue will have a nominal value of BGN 30 M, with maturity fixed over a period of 10 years and 6 months. The bonds are due to mature on July 13, 2020 and [...]
February 28, 2010 | Posted in
Finance |
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