An exclusive interview of Novinite.com (Sofia News Agency) and Novinite.bg from New York City with drama director Andrew Volkoff. Andrew Volkoff is an US freelance theatre director, currently living and working in New York City. A Milwaukee native, he has graduated from Macalester College with B.A. in Theatre and French, and has worked as Freelance Director at the Milwaukee Chamber Theatre and as [...]
May 10, 2012 | Posted in
Interview |
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The largest increase of prices of fuel in Europe in the first quarter of 2012 has been registered in Hungary (15.6%), Poland (15.1%) and Bulgaria (14.9%). The data was published by the online information and analyses site “Neft Rosii” (Russian Oil). The ranking has been made by experts from the Center for Economic Research “RIA-Analitika,” who have studied stats about 95 [...]
May 6, 2012 | Posted in
Energy |
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Three Bulgarian majors are planning to float on Romania‘s stock exchange as the bourses in the two countries are due to sign an agreement on the exchange of stock market trading data. The agreement, part of efforts to make the two bourses more attractive to foreign partners, is to be signed by the end of the month, Vassil [...]
May 6, 2012 | Posted in
Finance |
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Bulgarian bankers are seeing an unprecedented rush of clients, who want to pay off their loans in advance, prompted by uncertainty about their job and incomes in the coming months. “People and companies, who have had a good credit history, do not hesitate to tighten their belts further in order to pay off their mortgage [...]
May 2, 2012 | Posted in
Finance |
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The Heads of Delegation of the European People’s Party Group’s 10 Central and Eastern European Member States have sent an open letter to José Manuel Barroso, President of the European Commission, over discrimination against Eastern Europe. The rightist Members of the European Parliament from Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, and Slovenia have expressed their deep concern regarding “the numerous discriminatory actions carried out against [...]
April 30, 2012 | Posted in
Bulgaria-EU |
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The freedom of the six Bulgarian medics formerly jailed in Libya over the notoriousLibyan HIV Trial has been granted in exchange for a nuclear power plant deal between French President Nicolas Sarcozy and Libyan strongman Muammar Gaddafi, a report says. The deal was sealed in 2007, French magazine Les Inrocks states, citing secret documents it has allegedly obtained. The magazine has promised to reveal more details in [...]
April 30, 2012 | Posted in
Diplomacy |
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Countries that refused to open up their labor markets to Bulgarian and Romanian nationals in 2012 will have to submit their motives with the European Commissionby end-May. Nine EU countries decided to take advantage of the maximum period (December 31, 2013) to keep labor market restrictions for citizens of the EU’s two newest members, citing the crisis as a motive. [...]
April 25, 2012 | Posted in
Bulgaria-EU |
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Bulgaria‘s economic growth is expected to slow-down to 1.2% in 2012 in the wake of the continued crisis in the eurozone and stagnant domestic demand, according to Citigroup analysts. GDP growth next year is forecast at 2.5%. Interestingly the financial institution warns that the next general elections, due in the middle of 2013, may undermine the implementation of key structural reforms in the coutry. Earlier this month Bulgarian analysts [...]
April 25, 2012 | Posted in
Finance |
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The European Bank for Reconstruction and Development (EBRD) said it has provided a EUR 5 M loan to DSK Bank to support energy efficiency improvements inBulgaria‘s residential sector. The loan is part of EBRD‘s Residential Energy Efficiency Credit Line (REECL) Framework aimed at addressing energy wastage in Bulgaria‘s residential sector. DSK Bank, wholly-owned by the Hungarian OTP Bank and the second largest bank [...]
April 25, 2012 | Posted in
Finance |
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Bulgaria‘s jobless rate in will continue to increase in 2012 as the economy hovers on the brink of its second recession in three years in the wake of the slump in theeuro zone, analysts have warned. The unemployment rate stood at 11.5% last month with the total number of people who are unemployed towering to 376 171, up by 10,000 over the previous month, [...]
April 25, 2012 | Posted in
Business |
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