Bulgarian motorists will soon have a new choice of efficient fuels for their vehicles at all 55 Rompetrol outlets in the country. Rompetrol, a Romanian oil and gas refining and marketing company, has announced that its Efix diesel and Efix gasoline 95 lines have been created to both protect engines and to boost performance. The [...]
Bulgaria’s government plans to increase the value-added tax by 2 percentage points to to 22 percent triggered vehement opposition by representatives of the tourism sector, saying the move will be detrimental for them. “Bulgaria’s revenues from foreign tourists amount to EUR 2,5 B per year, which means that the tax hike may incur losses worth [...]
International pharmaceutical company Actavis Group has announced it will sell its major Bulgarian distributor Higia Jsc. Higia Jsc, one of the largest distributors of pharmaceuticals in Bulgaria, was acquired by the Actavis Group in 2005. Higia has been sold to a private investor for an undisclosed amount. “We chose the best offer not only for [...]
Bulgaria’s EU Commissioner, Kristalina Georgieva, who is in charge of the EC humanitarian aid portfolio, has answered questions of Novinite.com (Sofia News Agency) and a couple of Bulgarian-language media before she joined the Ambassadors of the EU member states in Sofia for a special lunch organized by the Spanish Embassy in Sofia as part of [...]
Lebanon Prime Minister Saad Hariri is set to arrive in Bulgaria on Sunday on an official visit. Hariri is set to meet Bulgaria PM Boyko Borisov and President Georgi Parvanov as well as other officials to discuss how to increase positive relations between the two countries. The Daily Star in Lebanon reported Saturday that Hariri [...]
Bulgaria’s National Statistical Institute (NSI) has published business climate data for March, showing a slight decrease for the month when compared with the previous month. According to NSI, the overall “business climate indicator” dropped by 0,9% for the surveyed period. Three of the four business sectors surveyed declined, with retail trade being worst affected. The [...]
Bulgaria’s center-right government is expected to approve a 2 percentage-point rise in health insurance levies to 10 percent of an individual’s income, effective from 2011. This is envisaged under the new Health Insurance bill, which has been drawn up by the health care parliamentary commission and submitted to the government for discussion and approval. “The [...]
Over 90% of the reform measures of Bulgaria’s Finance Ministry are said to be progressing as scheduled. This is the conclusion of a report of Bulgaria’s Finance Minister Simeon Djankov on the execution of the National Reform Program for the period 2008-2010. The program contains 127 measures initiated in response to four specific recommendations made [...]
Bulgaria’s government should not rush into increasing the value-added tax, according to Georgi Prohaski, Chair of the Sofia-based Center for Economic Development. “There should be no panic because it is not certain whether the economic situation won’t improve in the coming months,” Prohaski told Pro.bg TV. In his view, 80% of the anti-crisis measures the [...]
Bulgaria’s parliamentarians have tabled a draft decision to proceed with the impeachment of the President, Georgi Parvanov. A total of 162 MPs declared they were in favor of the motion tabled by the ruling GERB party. Support for the move came from the far right Ataka party, the Blue Coalition and from independent MPs from [...]
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
