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 European Commission is referring Bulgaria to the EU Court of Justice for failing to meet the December 2010 deadline to transpose the EU‘s WasteFramework Directive into national law. Hungary, Poland and Slovakia are also referred to the Court for missing the deadline. On the recommendation of Environment Commissioner Janez Poto?nik, theEuropean Commission is asking the Court to impose penalty payments on the four [...]
April 30, 2012 | Posted in
Bulgaria-EU |
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Bulgarian PM Boyko Borisov said that his cabinet will work toward and expects actually lowering the prices of fuels in the country. “The government expects to further reduce the prices of fuels and has good arguments about that,” stated Borisov while on a visit to Plovdiv Sunday. “Cabinet makes many efforts to reduce fuel prices, but in all cases, interests [...]
April 30, 2012 | Posted in
Energy |
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The natural gas interconnection pipeline between Bulgaria and Turkey, which is to allow the former to receive gas supplies from Azerbaijan, will be completed by 2014. This has been promised by Bulgarian Economy, Energy, and Tourism Minister Delyan Dobrev, who spoke on BNR Saturday, after returning Friday from a state visit inAzerbaijan together with Bulgarian PM Boyko Borisov. “We took an important step [...]
April 30, 2012 | Posted in
Business |
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Bulgaria’s ex Tsar and ex Prime Minister Simeon Saxe-Coburg has published an article claiming that his primary motivation for “accepting” to head the Bulgarian government in 2001 was to make the country an EU member. The article in question appeared on Saxe-Coburg’s website on Tuesday, April 24, apparently intended to note the anniversary since the signing of Bulgaria’s EUaccession treaty seven years ago, on [...]
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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Bulgaria had EU‘s second lowest debt-to-GDP ratio among the EU 27 in 2011 – 16.3%, according to data released by Eurostat. The lowest ratio of government debt to GDP was recorded in Estonia (6.0%). Bulgaria is followed by uxembourg (18.2%), Romania (33.3%), Sweden (38.4%), Lithuania (38.5%), the Czech Republic (41.2%), Latvia (42.6%), Slovakia (43.3%) and Denmark (46.5%). Fourteen Member States had [...]
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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Serbia will not become a member of the European Union until it resolves the issue with its Bulgarian minority, Bulgaria’s Vice President Margarita Popova has declared. Popova visited the town of Bosilegrad in Serbia, which is populated by ethnic Bulgarians, not onlike other border regions in Eastern Serbia, which Bulgaria was forced to cede under the Treaty of Neuilly-sur-Seine after World War I. The regions [...]
April 21, 2012 | Posted in
Bulgaria-EU |
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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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