The Bulgarian language must get once again understandable for all Bulgarians, according to ruling GERB party MP Emil Karanikolov. As reported by Karanikolov, to that end the deputy will table a special legislative bill on “the purity of the Bulgarian language.” Karanikolov, an engineer by education, will develop the draft together with the co-chair of [...]
Exclusive interview of Novinite.com (Sofia News Agency) with Miss Bulgaria 2010, Romina Andonova. Where did you grow up, and what is your family like? I have always given my childhood as an example. My brother and I always spent vacations in the countryside. I have never been ashamed of this. Because in Bulgaria, when you [...]
A letter of Bulgarian Ambassador to the USA Elena Poptodorova to Republican Party Senators has been instrumental for the ratification by the US Senate of the new US-Russia Strategic Arms Reduction Treaty (START 2), the Bulgarian Embassy in DC told Novinite.com (Sofia News Agency). Poptodorova’s letter underlying the importance of the ratification of the START 2 [...]
Bulgaria’s winter resort Pamporovo is reducing lift prices starting Sunday until the end of January, the resort’s CEO, Mariyan Belyakov, announced. The daily lift pass is going down from BGN 50 to BGN 42 for adults and from BGN 30 to BGN 26 for children. The two-way ticket will be BGN 19, down from BGN [...]
Even though it was badly struck by the global economic crisis in 2008 and especially in 2009, Bulgaria’s industrial sector started slowly to pick up, with the exports gaining momentum, and the government and business increasingly realizing the importance of an export-oriented economy. Bulgaria Registers Highest Export Growth in EU 27 in 2010 Q1-Q3 December [...]
Bulgaria’s Czech-owned power utility CEZ has established a new subsidiary called CEZ Bulgaria Investments. The new company from the CEZ portfolio is going to focus specially on investments in renewable energy sources, the company announced on Friday. CEZ Bulgaria Investments was founded on January 3, 2011; a day later it was registered in the trade [...]
Bulgaria plans to sell government bonds worth BGN 1 B, down from the 2010 debt issue of BGN 1.5 B in total, as the Cabinet is seeing the Bulgarian economy return to growth, which should boost state revenues. This has been announced by Deputy Finance Minister Boryana Pencheva in an interview for Reuters distributed by [...]
Bulgaria‘s real GDP, which contracted in 2009 and grew by an estimated 0.1% in 2010, is forecast to expand with an annual average growth of around 3.8% in 2011-15, according to the latest report of the Economist Intelligence Unit (EIU). This year real GDP is expected to grow by 2.6%. Annual inflation is forecast to [...]
Teams from Bulgaria’s National Revenue Agency (NRA) closed Tuesday, in the course of two hours, over forty gas stations across the country. The reason for shutting these stations down is the fact they failed to connect their cash registers with the NRA information system, as mandated. The Agency informs some of these stations did not [...]
Bulgaria registered a budget deficit of 3.9% in 2010 instead of the forecast 4.8%, according to preliminary data released Wednesday by the Finance Ministry. According to estimates of the Finance Ministry, Bulgaria’s deficit under the consolidated fiscal framework on cash basis was BGN 2.8 B in 2010, or 3.9%. The accrual deficit, which is measured [...]
Bulgaria Has Europe’s 2nd Highest Share of Females among Senior Executives
China’s Great Wall Motors Opens Plant in Bulgaria Tuesday
UNESCO Chief Opens Intangible Cultural Heritage Center in ‘Proud’ Bulgaria
1st Japanese Player Enters Bulgarian Football
Lukoil Bulgaria to Present Detailed Report on Fuel Pricing Policy
Sofia Nevsky Cathedral Marks 130 Years of 1st Stone Laying
Bulgaria’s Tourism Industry Looks Forward to Successful Summer
