Bulgarian Business Club Newspaper

Posts tagged with the keyword: ‘European Commission’

Bulgarian Cabinet Firm on Not Surrendering to Farmers

Bulgarian Cabinet Firm on Not Surrendering to Farmers

They insisted on a meeting with Borisov and his Deputy, Finance Minister, Simeon Djankov, but did not get a positive response. Meanwhile, the demonstrators, represented by the National Grain Producers Association, were invited to meet with Agriculture Minister, Miroslav Naydenov, but declined the invitation on the grounds he is not authorized to sign any decisions. [...]

Bulgaria Feels Cheated as EU ‘Punishes’ It for Its Fiscal Prowess

Bulgaria Feels Cheated as EU ‘Punishes’ It for Its Fiscal Prowess

Bulgaria, the poorest EU member state, is said to feel cheated as the EU institutions are about to seal a new policy allowing six other member states, which are struggling financially, to be able to co-fund projects with much less money. “Countries which maintain a strict financial discipline should not be punished and those that [...]

Bulgaria, Romania Pool Efforts for Unfettered EU Job Rights

Bulgaria, Romania Pool Efforts for Unfettered EU Job Rights

The governments of Bulgaria and neighboring Romania have asked the European Commission to help convince older member states to lift restrictions for job-seekers from the two countries as of 2012. Bulgarian Labor Minister Totyu Mladenov and his Romanian counterpart Sebastian Lazaroiu have sent to this end a joint letter to Employment, Social Affairs and Inclusion [...]

Bulgaria Cheers for World’s Newest State South Sudan

Bulgaria Cheers for World’s Newest State South Sudan

Bulgaria’s Foreign Ministry has joined the other EU countries in the recognition and welcome of the newest independent state in the world, South Sudan, which held Saturday, July 9, 2011, its independence ceremony. “Six months after voting freely for independence in a democratic referendum, we witness the birth of Africa’s youngest nation. The peaceful road [...]

EU Institutions Lash Out at Financial Rating Agencies

EU Institutions Lash Out at Financial Rating Agencies

Following European Commission President Jose Manuel Barroso, European Central Bank President Jean-Claude Trichet has voiced sharp criticism of financial rating agencies. Thursday Trichet spoke about the existence of a “structure of international credit agencies similar to an oligopoly,” describing it as “highly undesirable.” What provoked the unusually sharp criticism was the Tuesday downgrading of Portugal‘s [...]

EU to Allot Direct Subsidies Only to Active Farmers after 2014

EU to Allot Direct Subsidies Only to Active Farmers after 2014

After 2014 the European Union will allot direct agricultural subsidies only to active farmers and not to landowners who do not cultivate the land, the bloc’s Commissioner for Agriculture, Dacian Ciolos, announced. Following the approval of the European Union budget proposal for the period 2014 to 2020, the European Commission is about to begin to [...]

Hungarian Ambassador: Bulgaria Schengen Entry Depends on EC Justice Report

Hungarian Ambassador: Bulgaria Schengen Entry Depends on EC Justice Report

The results of the July report of the European Commission (EC) under the Cooperation and Verification Mechanism (CVM) in the area of justice and home affairs will determine whether Bulgaria and Romania can join Schengen by end-2011, announced Hungarian Ambassador to Bulgaria Judith Lang. “I hope that the report will provide favorable conclusions about Sofia [...]

EC Opens Three Infringement Procedures Against Bulgaria

EC Opens Three Infringement Procedures Against Bulgaria

The European Commission (EC) has opened three infringement procedures against Bulgaria over a flawed public procurement tender and the country’s failure to incorporate two Directives into its national legislation. The first procedure involves a violation of European public procurement regulations on the part of the Electricity System Operator (ESO), a unit of Bulgaria’s state-owned power [...]

Bulgaria to Return EUR 24.5 M in Agriculture Funds to EU

Bulgaria to Return EUR 24.5 M in Agriculture Funds to EU

Bulgaria has to return EUR 24.5 received for agriculture in 2009 to the EU budget, the European Commission has announced. This money returns to the EU budget because of non-compliance with EU rules or inadequate control procedures on agricultural expenditure. Member States are responsible for paying out and checking expenditure under the Common Agricultural Policy [...]

EU Council Gives Green Light to Danube Region Strategy

EU Council Gives Green Light to Danube Region Strategy

The EU 27 ministers for EU affairs have given a green light to the much anticipated Danube Region Strategy, which is supposed to help uplift economically Central and Southeast Europe. Member States’ ministers for EU affairs adopted the Council’s conclusions about the Danube Region Strategy on 13 April 2011. “Therefore, the first part of the [...]

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