Bulgarian Business Club Newspaper

Archive for ‘April, 2011’

Bulgaria 2nd Best-Value Eastern Destination for British Tourists

Bulgaria 2nd Best-Value Eastern Destination for British Tourists

Bulgaria is the second best-value destination for British tourists for Easter 2011, according to a survey of Post Office Travel Money. Spain offered best value-for-money for 10 typical holiday items in a table of 14 popular tourist destinations compiled by Post Office Travel Money as cited by the Press Association. The survey found the 10 [...]

Mysterious Bulgarian Movie Fails in Italy

Mysterious Bulgarian Movie Fails in Italy

“Goodbye Mama“, a movie directed by controversial Italian-based actress Michelle Bonev, has been described by Italian media as a complete failure. The movie was released in 80 Italian theaters but earned a mere EUR 65 000 in the first days after its premiere, Deutsche Welle points out. Only 9 000 Italians dared to watch it. [...]

HSBC Gets EUR 2 M Consulting Contract for Bulgaria’s Belene NPP

HSBC Gets EUR 2 M Consulting Contract for Bulgaria’s Belene NPP

The Bulgarian government has signed a consulting contract with UK-based company HSBC for the financial analysis for the project for the construction of the Belene nuclear power plant. Bulgaria‘s Cabinet and Prime Minister Boyko Borisov in particular have made it clear that the results from HSBC’s financial appraisal of the Belene project, i.e. whether it [...]

Bulgaria’s Illegal Immigration Fears Fail to Materialize, Schengen Hopes Soar

Bulgaria’s Illegal Immigration Fears Fail to Materialize, Schengen Hopes Soar

Bulgaria has not experienced a tide of illegal immigrants as a result of the ongoing civil unrest in North Africa and the Middle East, Interior Minister Tsvetan Tsvetanov announced. Tsvetanov presented Friday the results from the work of the Border Police Directorate of the Interior for 2010. Final data shows that a total of 1 [...]

Bulgaria to Return EUR 24.5 M in Agriculture Funds to EU

Bulgaria to Return EUR 24.5 M in Agriculture Funds to EU

Bulgaria has to return EUR 24.5 received for agriculture in 2009 to the EU budget, the European Commission has announced. This money returns to the EU budget because of non-compliance with EU rules or inadequate control procedures on agricultural expenditure. Member States are responsible for paying out and checking expenditure under the Common Agricultural Policy [...]

Switzerland, Too, Curbs Bulgarian, Romanian Workers

Switzerland, Too, Curbs Bulgarian, Romanian Workers

Switzerland has decided to tighten restrictions for job-seekers from Bulgaria and its northern neighbor Romania right after the Dutch closed the door on them. The National Council – the lower chamber of Swiss parliament – has passed a resolution, requesting the government to undertake new measures to restrict immigration. The measures will apply to two [...]

EU Council Gives Green Light to Danube Region Strategy

EU Council Gives Green Light to Danube Region Strategy

The EU 27 ministers for EU affairs have given a green light to the much anticipated Danube Region Strategy, which is supposed to help uplift economically Central and Southeast Europe. Member States’ ministers for EU affairs adopted the Council’s conclusions about the Danube Region Strategy on 13 April 2011. “Therefore, the first part of the [...]

Bulgarian Interior Ministry, OLAF to Ink Cooperation Agreement

Bulgarian Interior Ministry, OLAF to Ink Cooperation Agreement

A billateral cooperation agreement between the Bulgarian Interior Ministry and OLAF is being prepared and is expected to be finalized in May. Bulgaria’s Interior Minister Minister Tsvetan Tsvetanov had talks with Ian Walton, Director of the Investigations and Operations Directorate at the European Anti-Fraud Office. OLAF highly assessed its already existing collaboration with Bulgaria, according [...]

Japan’s World League Volleyball Match Moved to Bulgaria

Japan’s World League Volleyball Match Moved to Bulgaria

Japan‘s World League volleyball games against Bulgaria, Germany and Russia have been moved to the respective country over nuclear fears following the disaster in Fukushima. Japan‘s Pool B opponents have informed the country’s Volleyball Association they will not travel to Japan after the government raised its nuclear crisis at its stricken Fukushima plant to the [...]

Bulgaria’s Ex Right-Wing FM Ready to Run for President

Bulgaria’s Ex Right-Wing FM Ready to Run for President

Bulgaria’s former foreign minister and current member of the European Parliament, Nadezhda Neynski, formerly Mihaylova, has confirmed plans to join the race for president in the autumn. “I believe I am fit to run for the presidential office, which is the reason why I have agreed that my party debates my nomination,” Neynski told the [...]

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