Bulgarian Business Club Newspaper

Posts tagged with the keyword: ‘Bulgaria’

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 [...]

Lack of Snow, Crisis Threaten Bulgaria’s Winter Tourism

Lack of Snow, Crisis Threaten Bulgaria’s Winter Tourism

Bulgaria is no different than the common trend of decline in the number of reservations for winter vacations, according to the Minister of Economy, Energy and Tourism, Traicho Traikov. Traikov spoke for the media Friday, after being asked to comment on fears of the tourist sector about a decline of bookings from Russian and UK [...]

Bulgaria’s Plovdiv Celebrates 126th Unification Anniversary

Bulgaria’s Plovdiv Celebrates 126th Unification Anniversary

Plovdiv, Bulgaria‘s second largest city, is in the focus of the festivities in the country as it celebrates the 126th anniversary since its unification. A solemn retreat starting 20:30 local time on Tuesday will be the culmination of the celebrations in the city, the bTV private channel has informed. The holiday is also marked with [...]

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 [...]

Bulgaria’s Economy Did Slightly Better Than Expected in Q2 2011

Bulgaria’s Economy Did Slightly Better Than Expected in Q2 2011

Bulgaria’s economy performed slightly better in the second quarter than was originally estimated, according to seasonally adjusted data of the National Statistical Institute. Latest NSI data released Tuesday indicated that Bulgaria’s GDP grew by 0.3% in the second quarter of 2011 compared with the first quarter – an improvement compared with the 0.1% growth for [...]

Death Toll Expected to Rise in Russia’s Sunken ‘Bulgaria’ Riverboat

Death Toll Expected to Rise in Russia’s Sunken ‘Bulgaria’ Riverboat

A total of nine bodies have been discovered since the Russian “Bulgaria” boat sank Sunday, with local authorities claiming there is little chance for survivors to be found. A total of 80 people have been rescued, but scores are still missing after the two-deck river cruiser sank in the Volga river. Chances that any survivors may [...]

Bulgaria, Romania Pool Efforts for Unfettered EU Job Rights

Bulgaria, Romania Pool Efforts for Unfettered EU Job Rights

The governments of Bulgaria and neighboring Romania have asked the European Commission to help convince older member states to lift restrictions for job-seekers from the two countries as of 2012. Bulgarian Labor Minister Totyu Mladenov and his Romanian counterpart Sebastian Lazaroiu have sent to this end a joint letter to Employment, Social Affairs and Inclusion [...]

EU to Allot Direct Subsidies Only to Active Farmers after 2014

EU to Allot Direct Subsidies Only to Active Farmers after 2014

After 2014 the European Union will allot direct agricultural subsidies only to active farmers and not to landowners who do not cultivate the land, the bloc’s Commissioner for Agriculture, Dacian Ciolos, announced. Following the approval of the European Union budget proposal for the period 2014 to 2020, the European Commission is about to begin to [...]

Official: Bulgaria’s Bojinov Joins Sporting Lisbon

Official: Bulgaria’s Bojinov Joins Sporting Lisbon

Portuguese giants Sporting officially confirmed that they have completed the signing of Parma‘s unsettled Bulgarian striker Valeri Bojinov. The Bulgaria international has signed a five-year contract with Sporting after the two clubs agreed on a EUR 2.6 M bid for 80% of the player’s economic rights. The fee could rise to EUR 3.5 M depending [...]

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