Bulgarian Business Club Newspaper

Posts tagged with the keyword: ‘Boyko Borisov’

Bulgarian Parliament to Vote State Budget 2012 on 2nd Reading

Bulgarian Parliament to Vote State Budget 2012 on 2nd Reading

The Bulgarian Parliament will vote on second reading Wednesday and Thursday legislation relating to Bulgaria’s state budget for 2012. Prior to that, the Bulgarian government had agreed with trade unions not to up the retirement age before 2021, and had signed an agreement with representatives of farmers regarding much larger subsidies than those stipulated in [...]

Bulgarian Cabinet Firm on Not Surrendering to Farmers

Bulgarian Cabinet Firm on Not Surrendering to Farmers

They insisted on a meeting with Borisov and his Deputy, Finance Minister, Simeon Djankov, but did not get a positive response. Meanwhile, the demonstrators, represented by the National Grain Producers Association, were invited to meet with Agriculture Minister, Miroslav Naydenov, but declined the invitation on the grounds he is not authorized to sign any decisions. [...]

Bulgarian PM Proposes Bonuses for EU’s Fiscally Disciplined

Bulgarian PM Proposes Bonuses for EU’s Fiscally Disciplined

The EU member states showing a better fiscal discipline should be motivated with bonuses, Bulgarian Prime Minister Boyko Borisov proposed during a meeting with his Danish counterpart. The block’s best performers in terms of fiscal stability could receive more EU funds during the next program period and could spend less on co-financing EU projects, the [...]

Denmark Throws Weight behind Bulgaria, Romania Schengen Entry

Denmark Throws Weight behind Bulgaria, Romania Schengen Entry

Denmark firmly supports Bulgaria and Romania‘s Schengen bids and hopes that the two countries would join the agreement during its EU presidency, Danish PM Helle Thorning-Schmidt has said. “Bulgaria and Romania have met the requirements for joining the Schengen Agreement; we should stimulate them by accepting them in Schengen. If someone has abided by the [...]

PM Borisov Reiterates Bulgaria’s Bid to Help Democracy in Arab World

PM Borisov Reiterates Bulgaria’s Bid to Help Democracy in Arab World

“As an EU member and one of the best NATO partners Bulgaria can be of great help for Arab countries and we’re completely ready to do that,” said Borisov. The Bulgarian PM commented that Bulgarians have deep sympathies with pro-democracy efforts of the citizens of the Arabic countries, as Bulgarian themselves led a similar struggle [...]

Bulgarian PM Freezes Top Politicians Wages

Bulgarian PM Freezes Top Politicians Wages

Salaries of top politicians in Bulgaria will be frozen at their levels from the end of 2009, according to Prime Minister, Boyko Borisov. The move will be implemented despite the cabinet’s decision to up the minimum monthly wage in Bulgaria in May, 2012 – from BGN 270 to BGN 290. “This is the situation globally; [...]

Juncker: Bulgaria Must Join Schengen ASAP

Juncker: Bulgaria Must Join Schengen ASAP

Bulgaria has done a wonderful job in meeting Schengen criteria and must join the free movement area as soon as possible, stated Luxembourg PM Jean-Claude Juncker, who is on a visit to Bulgaria Wednesday. In Varna, Juncker met his Bulgarian counterpart Boyko Borisov to discuss Bulgaria’s perspectives as an EU member, as well as bilateral [...]

Bulgaria’s EconMin Vows Bulgartabac Buyer to Be Known ‘Soon’

Bulgaria’s EconMin Vows Bulgartabac Buyer to Be Known ‘Soon’

The name of the actual buyer of the State-owned cigarette-maker monopoly Bulgartabac is going to be revealed very soon, Economy and Energy Minister, Traicho Traikov, promised. Speaking Saturday from the Black Sea city of Varna, Traikov, however, stressed that the most important issue was who the investor is, not the buyer. He added that there [...]

The Eurozone Enlargement: A Viewpoint from Bulgaria

The Eurozone Enlargement: A Viewpoint from Bulgaria

Georgi Angelov, Senior Economist with the Open Society Institute – Sofia,argues that the ESM and the Pact for the Euro are a real burden for the poorer EU member states and they significantly decrease their incentives to join the Eurozone. The background In the first decade of the existence of the euro, there was a [...]

Juncker in Bulgaria: No Eurozone Recession in the Offing

Juncker in Bulgaria: No Eurozone Recession in the Offing

I cannot see the eurozone risking a second recession, stated Luxembourg PM and Eurozone President Jean-Claude Juncker on an official visit to Bulgaria Wednesday. “The truth is that growth in the eurozone has slowed down, but that is due to external factors and does not warrant a new recession,” said the Eurozone president. He nevertheless [...]

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