Exclusive interview of Novinite.com (Sofia News Agency) with Kristalina Georgieva, EU Commissioner for Humanitarian Aid, International Cooperation and Crisis Response. Kristalina Georgieva was born on August 13, 1953, in Sofia, Bulgaria. She earned her MA in Political Economy and Sociology in 1976 and her Ph.D. in economics in 1986 from the University of National and [...]
June 2, 2010 | Posted in
Interview |
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A report of the European Parliament will recommend that the European Commission be more vigilant with funding for Bulgaria. EP’s report will be released Wednesday and will review the 2008 EC budget. It is expected to be critical of the way the Commission has monitored judicial and interior affairs in Bulgaria and Romania. According to [...]
May 5, 2010 | Posted in
Bulgaria-EU |
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The EC assessment Bulgaria’s Convergence Program remains unofficial, Bulgaria’s EU Commissioner for International Cooperation, Humanitarian Aid and Crisis Response, Kristalina Georgieva confirms. Georgieva spoke during a press conference Friday upon conclusion of her meeting with the speaker of the Bulgarian Parliament, Tsetska Tsacheva. The European Commission submitted earlier its assessment about the country’s Convergence Program [...]
April 24, 2010 | Posted in
Bulgaria-EU |
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A day after the European Commission said it would launch a discipline procedure against Bulgaria for exceeding the deficit ceiling of 3% of GDP, the country’s commissioner in Brussels have tried to quell panic reactions. “Bulgaria faces no risk of being punished because of a higher [than the EU norms] budget deficit,” Bulgarian Commissioner Kristalina [...]
April 24, 2010 | Posted in
Finance |
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Moody’s Investors Service has lowered Greece’s sovereign ratings to A3 from A2 and placed them on review for further possible downgrade. The move is based on Moody’s view that there is a significant risk that debt may only stabilize at a higher and more costly level than previously estimated, the ratings agency said. The review, [...]
April 24, 2010 | Posted in
Bulgaria-EU |
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The European Union’s official statistics agency Thursday said the Bulgarian budget deficit in 2009 was wider than the government had estimated, even though Sofia recently revised upwards its last year’s fiscal gap due to a hidden deficit. In the first of its twice-yearly reviews of government finances in the 27-member bloc, Eurostat said the Bulgarian [...]
April 24, 2010 | Posted in
Bulgaria-EU |
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The European Commission has evaluated the Convergence Program submitted by the Bulgarian government under the Stability and Growth Pact as “adequate,” Bulgaria’s Finance Minister, Simeon Djankov, reiterated. According to the Minister, the above is the first step towards the for joining the ERM II, the Eurozone waiting room and Bulgaria and Estonia have been the [...]
April 18, 2010 | Posted in
Finance |
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The European Commission has evaluated the Convergence Program of submitted by the Bulgarian government under the Stability and Growth Pact as “adequate.” This has been announced by Finance Minister Simeon Djankov after the first session of the informal meeting of EU finance ministers in the Spanish capital Madrid, which took place on Friday, as cited [...]
April 18, 2010 | Posted in
Finance |
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The European Commission has opened an investigation of the Bulgarian company Ruse Industry AD over suspicions that it is receiving state aid. The EC is inspecting plans by Bulgaria to reschedule a debt of EUR 9.8 M owed to the State by Ruse Industry AD, a manufacturer of metal structures and elements, the Commission press service [...]
April 18, 2010 | Posted in
Bulgaria-EU |
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The European Commission’s interim report in connection with mechanisms for collaboration and control of internal affairs and justice systems in Bulgaria and Romania will be issued after March 3, according to reports. The exact date has not been penciled in yet but it will be after March 3 due to the preparations of the [...]
February 28, 2010 | Posted in
Bulgaria-EU |
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