The repaired Bulgarian section of Danube Bridge 1 between the city Ruse and Romania‘s Giurgiu was opened Saturday by Prime Minister, Boyko Borisov. The bridge is the only one existing on the Danube to connect Bulgaria and Romania, for which the Bulgarian government has allocated BGN 1.7 M. Borisov was accompanied at the ceremony by [...]
Benjamin Netanyahu arrives on Thursday in Bulgaria, the first visit of an Israeli prime minister to the country for the last two decades. The Israeli delegation will include ministers of finance, telecommunications, construction and civil defense. The visit is at the invitation of Bulgaria‘s Prime Minister Boyko Borisov. In Sofia Netanyahu is scheduled to confer [...]
The fiscal policy of PM Boyko Borisov‘s center-right GERB cabinet only leads to a prolonging the period of depression in Bulgaria’s economy, according to former Minister of Finance Plamen Oresharski. Oresharski commented two years after Borisov’s GERB part swept general elections on July 5, 2009. “The collectibility of revenue has visibly dropped, excessive budget deficits [...]
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 anti-monopoly body said on Thursday it has given the green light to the sale of a 49.99% interest in Bulgarian-American Credit Bank. Allied Irish Banks announced a month ago that it has signed an agreement to sell its 49.99% shareholding in Bulgarian-American Credit Bank AD to Clever Synergies Investment Fund (CSIF). The deal price [...]
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 [...]
Some 63% of Bulgarians are pessimists about their country’s future, according to a poll conducted by Gallup International in April 2011. After March became the first month in which over 60% of the surveyed by Gallup were pessimistic about their country’s development since the current ruling centrist-right GERB party took over in 2009, April’s poll [...]
The factory will make automatic and non-automatic side windows and heated back windows with an annual capacity of 1.3 million square meters and a turnover of USD 20 M at full capacity. This is the fifth manufacturing facility of the Turkish glass giant in Bulgaria through its, after the factory for household glass, launched in [...]
Bulgaria‘s Finance Minister Simeon Djankov plans to dedicate all of his efforts to the passing of Constitution amendment guaranteeing stable state finances, known as the “Financial Stability Pact.” The measures termed “Financial Stability Pact” were first announced by Djankov on February 8 at a lecture at the New Bulgarian University in Sofia following the US [...]
The World Bank will continue to support the development of Bulgaria’s infrastructure, its Director for Central Europe and the Baltic countries, Peter Harrold, stated in Sofia Wednesday. Harrold, who met with Bulgaria’s Prime Minister Boyko Borisov, has guaranteed that the International Financial Corporation, the member of the World Bank Group that finances and provides advice [...]
ICANN CEO and President Rod Beckstrom: It’s Great Bulgaria Cares So Much about Cyrillic Domains
Sir Alex Assuages Berbatov Injury Fears
Bulgarian Christian Orthodox Honor Saint Sava
Bulgarian Food Safety Watchdog Orders 22kg of Spoiled Yellow Cheese Incinerated
Bulgarian Parliament to Vote State Budget 2012 on 2nd Reading
Bulgarian Cabinet Firm on Not Surrendering to Farmers
Poland Favors EU Treaty Change to Rescue Eurozone
