Bulgarian Business Club Newspaper

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EU Leaders Gather for Emergency Summit to Boost Growth

EU Leaders Gather for Emergency Summit to Boost Growth

EU leaders will assemble on an emergency European Council May 23 to discuss measures to stimulate economic growth in the Union. This was revealed Tuesday byEuropean Council PresidentHerman Van Rompuy on his Twitter account. The announcement comes in the wake of a special statement byEuropean Commission President Jose Manuel Barroso calling for stepping up measures to create growth in the EU. In his address, Barroso recalled prior stimulus [...]

Bulgarian PM: Govt Not to Blame for Disappeared Mobsters

Bulgarian PM: Govt Not to Blame for Disappeared Mobsters

Bulgaria’s government is not responsible whatsoever for the two mobsters who vanished after receiving their sentences, the country’s Prime Minister Boyko Borisovhas stated. Angel Hristov and Plamen Galev aka the “Galevi brothers” disappeared after the Bulgarian Supreme Court of Cassation finally confirmed their organized crimesentences last week, and the two were supposed to be sent to jail for 5 and 4 years [...]

All Bulgarian Elective Office Candidates Should Be Tested for Sanity – MP

All Bulgarian Elective Office Candidates Should Be Tested for Sanity – MP

All candidates for elective offices in Bulgaria should undergo an obligatorypsychological assessment, Krasimir Velchev, a key MP with ruling centrist-rightGERB, has proposed. The new measure should include Presidential runners, candidates for Mayors andcandidates for municipal council members, Velchev has told the 24 Chasa daily. He has pointed out that the psychological evaluation of wanna-be elective officials is his own idea and not [...]

Bulgaria Shies Away from Smoking Ban in Open Public Spaces

Bulgaria Shies Away from Smoking Ban in Open Public Spaces

Bulgaria’s parliamentary health committee voted on Thursday against the proposed ban on smoking in open public spaces, such as stadiums and bus stations. In April, Bulgaria’s Parliament passed on first reading a bill banning smoking in closed public spaces, including cafes, bars and restaurants, regardless of size. The ban will enter into force on June 1. The full smoking ban in closed public spaces was to be [...]

Days of Bulgarian Cinema in Rome to Feature Hit TV Series, Movies

Days of Bulgarian Cinema in Rome to Feature Hit TV Series, Movies

Hit Bulgarian crime TV series “Pod Prikritie” (i.e. “Undercover“) will be featured in the 2012 edition of the Days of Bulgarian Cinema in Rome, an annual film forum, the Bulgarian National Television announced. The fifth edition of the Days of Bulgarian Cinema in Rome is starting Wednesday night, May 9, 2012, in the Italian capital. It is organized by the Bulgarian Cultural [...]

Bulgaria Through to Semifinal in Olympic Volleyball Qualifier

Bulgaria Through to Semifinal in Olympic Volleyball Qualifier

Bulgaria‘s male national volleyballteam defeated Serbia in straight sets on Wednesday, booking its spot in the semifinals of the EuropeanOlympic qualifier in Sofia. The Bulgarian team delighted a massive crowd by beating traditional rival Serbia 3:0 3:0 (25-22, 25-16, 25-23) in the capital’s Arena Armeets sports hall. On Tuesday, the home boys downed Slovenia, also in straight sets. “I am very [...]

Power Utility CEZ Unveils Photovoltaic Plant in Northwestern Bulgaria

Power Utility CEZ Unveils Photovoltaic Plant in Northwestern Bulgaria

Power distributor CEZ, which supplies electricity to Western Bulgaria, opened Thursday a photovoltaic plant in the northwestern village of Gara Oreshets nearVidin. The photovoltaic facility occupies a territory of 100 decares and was built in the place of a defunct wood processing plant in the industrial zone of the village. The unit absorbed investments of EUR 10 M and has [...]

Bulgaria to Officially Launch Summer Tourist Season in May

Bulgaria to Officially Launch Summer Tourist Season in May

The official start of the summer tourist season will be given by the end of May, according to the Deputy Economy Minister in charge of the Tourist Industry, Ivo Marinov. The date is most likely going to be scheduled around the Day of Slavic Script and Culture, May 24, when Bulgarians get four days off, according to Marinov, who [...]

Foreign Ministry Renews Calls on Bulgarians to Leave Syria

Foreign Ministry Renews Calls on Bulgarians to Leave Syria

All Bulgarian citizens are strongly advised to leave Syria as soon as possible, the spokesperson of Bulgaria‘s foreign affairs ministry has said. The Bulgarian Ministry of Foreign Affairs issued the same warning on March 17 and April 7, but on Thursday Vesela Cherneva repeated the calls. “We strongly advise all Bulgarian citizens to leave Syria as quickly as possible, while [...]

Bulgaria Tries to Privatize Technoexportstroy at Cut Price

Bulgaria Tries to Privatize Technoexportstroy at Cut Price

The Bulgarian state has listed state construction company Technoexportstroy in a second privatization bid with a cut price, after a first listing failed to convince buyers. A first try in the beginning of April, in which Technoexportstroy was valued at BGN 68 M, attracted 4 companies who bought the documentation, but then refrained to bid. Tehcnoexportstroy was created in 1964 as a [...]

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