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 head of the Russian Orthodox Church Patriarch Kirill is to arrive on a three-day visit to Bulgaria on Friday. The Patriarch’s visit is on the invitation of the Bulgarian Orthodox Church and hisBulgarian counterpart, Maxim. On Saturday, Kirill will the country’s President Rosen Plevneliev, Prime MinisterBoyko Borisov and Parliamentary Speaker Tsetska Tsacheva. The last trip of a Russian Patriarch in Bulgaria took place in the now-distant [...]
April 30, 2012 | Posted in
Society |
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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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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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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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Bulgaria‘s banking industry is stable even though it ranks third in the European Union in terms of bad loans, IMF data shows. Bad loans in Bulgaria spiked up to 14.9% at the end of 2011 from a year ago, totaling BGN 8.365 B, according to the Washington-based lender, which confirms data by the central bank in Sofia released earlier this month. This puts [...]
April 21, 2012 | Posted in
Finance |
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Bulgarian consumers‘ sentiments continue to trend downwards as prices of staple foods hit record highs, a survey shows. There was no hope for higher incomes among Bulgarians in the first quarter of 2012, while fuel prices remained the main factor for inflation, according to a poll, conducted by market research institute GfK. Consumers are afraid that the prices [...]
April 21, 2012 | Posted in
Business |
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Seventeen years after Bulgaria‘s last failed attempt to revive its automobile industry, the country has pinned new hopes on the launch of mass production of cars under the Chinese Great Wall badge, due on Tuesday. The first car assembled here was rolled out in the middle of November last year at a factory near the [...]
February 21, 2012 | Posted in
Industry |
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An Intangible Cultural Heritage Center for Southeastern Europe has been opened in Bulgaria‘s capital Sofia by UNESCO Director-General Irina Bokova. UNESCO Director-General, Bulgarian Irina Bokova, inaugurated Monday the Regional Centre for the Safeguarding of Intangible Cultural Heritage in Southeastern Europe under the auspices of UNESCO This center is one of six around the world that [...]
February 21, 2012 | Posted in
Diplomacy |
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Remittances – money sent by Bulgarian migrants to family members back home – continue to increase slightly, but steadily despite the global downturn, data from the central bank shows. The net sum of the remittances from Bulgarians permanently working abroad totaled EUR 773.9 M during last year. Bulgarian immigrants sent home EUR 59.8 M in [...]
February 21, 2012 | Posted in
Finance |
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