Bulgarian Business Club Newspaper

Archive for ‘June, 2011’

Berbatov Doesn’t Have New Contract Offer from Man United – Agent

Berbatov Doesn’t Have New Contract Offer from Man United – Agent

Manchester United have not offered their Bulgarian striker Dimitar Berbatov a new contract, according to Berbatov’s agent Emil Danchev. United have not even indicated that they might consider offering Berba an extention of his contract, which expires in one year, Danchev told gold.com, casting an even greater shadow over Berbatov’s future in the top English [...]

Bulgaria Wants to Freeze Belene Nuclear Project Again

Bulgaria Wants to Freeze Belene Nuclear Project Again

Bulgaria has demanded that Belene nuclear project is frozen for another three months as of July, the energy and economy minister announced on Friday. “We have proposed a three-month delay so that we have time to catch up with the so-called back office work,” Minister Traicho Traikov said at a conference about the energy infrastructure, [...]

Sting, Sofia Philharmonic Orchestra Enchant 15 000

Sting, Sofia Philharmonic Orchestra Enchant 15 000

Sting, the world renowned pop star, delighted nearly 15 000 spectators with a two hour concert at the Georgi Asparuhov stadium in Bulgaria’s capital Sofia. He performed together with Sofia‘s philharmonic orchestra, one of the most illustrious symphonic orchestras in Europe, presenting symphonically re-orchestrated versions of 23 of his best known songs, covering all periods [...]

Bulgaria Said to Offer Best-Value Summer Tourism Packages in EU

Bulgaria Said to Offer Best-Value Summer Tourism Packages in EU

Bulgaria offers the best prices for vacations in the EU this summer, according to Blagoy Ragin, head of the Bulgarian Association of Restaurant and Hotel Owners. The Bulgarian tourist business expects at least 10% more foreign tourists in 2011 compared with 2010, Ragin told the Cross news agency. The head of the Restaurant and Hotel [...]

Norway, Iceland, Liechtenstein Grant Bulgaria EUR 127 M

Norway, Iceland, Liechtenstein Grant Bulgaria EUR 127 M

Norway, Iceland, and Liechtenstein are granting Bulgaria funding amounting to EUR 126.6 M under Bulgaria-Norway and European Economic Area (EEA) mechanisms. Norway’s Ambassador to Bulgaria Tove Skarstein and Bulgaria’s EU Funds Minister Tomislav Donchev signed two memorandums for the grants on Friday in Sofia in the presence of Prime Minister Boyko Borisov. The grants come [...]

Bulgaria’s EU Funds Absorption Up to 13% – Minister

Bulgaria’s EU Funds Absorption Up to 13% – Minister

Bulgaria has boosted EU funds absorption to 13% from the 0.98% during the previous government, EU Funds Minister Tomislav Donchev announced. In a Friday interview for the morning broadcast of Bulgarian National Television (BNT), Donchev specified that the audit report of KPMG confirmed the data he had been given. The KPMG report, which was released [...]

Hungarian Ambassador: Bulgaria Schengen Entry Depends on EC Justice Report

Hungarian Ambassador: Bulgaria Schengen Entry Depends on EC Justice Report

The results of the July report of the European Commission (EC) under the Cooperation and Verification Mechanism (CVM) in the area of justice and home affairs will determine whether Bulgaria and Romania can join Schengen by end-2011, announced Hungarian Ambassador to Bulgaria Judith Lang. “I hope that the report will provide favorable conclusions about Sofia [...]

Galileo Satellite to Be Named After Bulgarian Child

Galileo Satellite to Be Named After Bulgarian Child

A navigation satellite, part of the Galileo system will be named after Nataliya, a 9 year-old Bulgarian girl, who won the country’s Galileo drawing contest.. The Galileo Contest is a chance for one child from each EU country to’join the stars’ by having a real geostationary navigation satellite, part of the Galileo system, named after [...]

EC Opens Three Infringement Procedures Against Bulgaria

EC Opens Three Infringement Procedures Against Bulgaria

The European Commission (EC) has opened three infringement procedures against Bulgaria over a flawed public procurement tender and the country’s failure to incorporate two Directives into its national legislation. The first procedure involves a violation of European public procurement regulations on the part of the Electricity System Operator (ESO), a unit of Bulgaria’s state-owned power [...]

Bulgarian Capital to Host Sofia Pride Gay Parade

Bulgarian Capital to Host Sofia Pride Gay Parade

Bulgaria’s capital will host Saturday the fourth edition of  Sofia Pride, a march for equal rights of persons of different sexual orientation or gender identity. Over 1000 participants are expected to attend the demonstration celebrating lesbian, gay, bisexual and transgender (LGBT) culture. The gathering point for Sofia Pride 2011 is the Lovers’ bridge right behind [...]

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