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 average incomes of Bulgarians will surpass those of Romanians in two years, Bulgaria‘s Finance Minister Simeon Djankov vowed on Tuesday. Djankov announced his ambitious plan speaking before the private bTV channel. He pointed out the Bulgarian GDP per capita expressed in Purchasing Power Standards is 43% of the EU average, while Romania‘s is just [...]
Bulgaria has demanded that Belene nuclear project is frozen for another three months as of July, the energy and economy minister announced on Friday. “We have proposed a three-month delay so that we have time to catch up with the so-called back office work,” Minister Traicho Traikov said at a conference about the energy infrastructure, [...]
Philip Morris and British American Tobacco, the two biggest companies, which purchased public procurement documents for acquiring a majority stake in Bulgaria‘s cigarette maker Bulgartabac, have no intentions to bid, reports say. The two companies have bought documents just with the aim of collecting information, they have no plans to bid in the tender, Dnevnik [...]
Bulgarians keep over 90% of their savings as bank deposits, which is three times higher than the average for the citizens of other European Union countries, a survey shows. The remaining 10% of their assets are distributed among pension funds, stocks and other types of financial instruments, according to a survey of investment company Pioneer [...]
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 [...]
Japan‘s World League volleyball games against Bulgaria, Germany and Russia have been moved to the respective country over nuclear fears following the disaster in Fukushima. Japan‘s Pool B opponents have informed the country’s Volleyball Association they will not travel to Japan after the government raised its nuclear crisis at its stricken Fukushima plant to the [...]
Bulgaria‘s anti-trust commission has fined two fuel distributors over their failure to cooperate in a probe into an alleged fuel price cartel that was launched amidst drivers’ protests last month. Litex AD has been slapped a fine of BGN 12 343 and Petrol AD – BGN 12 000. The sanctions represent a percentage of the total [...]
Bulgaria‘s government decided on Wednesday to waive USD 6.3 M or 77% of Zambian debt, which has not been serviced in the past 20 years. The remainder of Zambia’s debt – a total of USD1.886 M will be paid in four installments within one year, the Sofia-based cabinet said. Should the Zambian government fail to [...]
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 [...]
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
