
The Bulgarian State Railroad Company, BDZ, introduces on Friday a new, faster train to connect the capital Sofia and the Black Sea city of Varna. The Sofia-Varna train will travel only on Fridays while the one from Varna only on Sundays. The train will have two stops only – in Pleven and Gorna Oryahovitsa. In [...]
April 30, 2010 | Posted in Uncategorized |
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Bulgaria’s Economy Ministry has awarded two foreign investment projects “Investor Class ‘A’” status. The two projects were awarded by Minister of Economy, Energy and Tourism, Traicho Traikov, in the presence of German Ambassador to Bulgaria, Matthias Hoepfner. The first awarded project is “Wind Park Lozenets” of the firm IWC Bulgaria VP 5 headquartered in the [...]
April 30, 2010 | Posted in Uncategorized |
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Bulgaria and Macedonia have to focus on intensifying exchange of expertise and information with respect to finances and economic growth measures, Finance Minister Djankov said in Ohrid. “We can guarantee the sustainable economic development of the Balkans only with joint efforts,” said Simeon Djankov after meeting his Macedonian counterpart Zoran Stavreski. Djankov was a special [...]
April 30, 2010 | Posted in Uncategorized |
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There is a big hole in Bulgaria’s budget that can be filled only by increasing value-added tax (VAT) or some other means of increasing income, Prime Minister Boiko Borissov said on April 29 2010. Speaking on Bulgarian National Television (BNT), Borissov said that about half of the package of anti-crisis measures that had been agreed [...]
April 30, 2010 | Posted in Uncategorized |
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The upturn in exports and inventories has started, but the household sector will need more time to join the recovery process. What’s more, the recovery is fragile and depends on the strength of the resurgence of Bulgaria’s key trading partners, risk appetite toward emerging markets and the pace of the implementation of domestic reforms, including [...]
April 30, 2010 | Posted in Uncategorized |
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International Monetary Fund mission chief for Bulgaria Bas Bakker rejected media reports that the Fund was critical of the performance of Bulgaria’s Government in dealing with the Budget deficit. The reports were based on a statement by Bulgarian opposition party Order, Law and Justice, whose leader Yane Yanev met with Bakker. According to Yanev’s statement, [...]
April 30, 2010 | Posted in Uncategorized |
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Exclusive Novinite.com interview with Professor Nikolay Kolev, President of the Bulgarian Cricket Federation (BCF). What led to your personal interest in cricket and how did you decide to get involved with the game on a national level? Until the end of the last century we perceived cricket as one of the many sports of the [...]
April 24, 2010 | Posted in Uncategorized |
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The first game of the World Chess Title Match between Bulgaria’s Veselin Topalov and Viswanathan Anand of India will kick off in Sofia on Saturday afternoon with no outright favourite among bookmakers and chess masters. The game was put off by a day because world champion Anand had troubled getting to Sofia when air traffic [...]
April 24, 2010 | Posted in Uncategorized |
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Bulgaria’s latest motion picture “Mission London” brought BGN 355 120 in just 3 days, with 50 000 people going to the movie theaters between April 16 and 18. The comedy of Director Dimitar Mitovski, telling the story about life at the Bulgarian Embassy in London, broke the all time record for contemporary Bulgarian film revenues [...]
April 24, 2010 | Posted in Uncategorized |
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Some 3 200 young kids have been left out of kindergartens in the Bulgarian capital Sofia because of inadequate capacity. The Sofia Municipality issued Friday the rankings for admission to nursery schools announcing the approval some 6 000 children for inclusion in the municipality-run kindergarten programs. Only 160 spots have been left unoccupied to be [...]
April 24, 2010 | Posted in Uncategorized |
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