Bulgarian Business Club Newspaper

Posts tagged with the keyword: ‘European Commission’

EU Not Bothered by Assault of Bulgarian Envoy in Skopje

EU Not Bothered by Assault of Bulgarian Envoy in Skopje

The European Commission has come up with a neutral statement regarding the recent assault against Bulgaria’s Ambassador to Macedonia Ivan Petkov. The issue has to be resolved at a bilateral level, according to Peter Stano, spokesman of EU Enlargement Commissioner Stefan Fuele. “If the case is criminal, we expect local authorities to investigate it, adhering to the rule of law,” Stano has stated, [...]

Bulgaria Interior Min: EU Will Be Angry about Vanished Mobsters

Bulgaria Interior Min: EU Will Be Angry about Vanished Mobsters

The vanishing of sentenced Bulgarian businessmen known as Galevi Brothers will have a negative effect on the EU‘s July monitoring report on Bulgaria, according to Bulgarian Minister of Interior Tsvetan Tsvetanov. “Of course, there is no way that this event can be positively taken. The European Commission has repeatedly insisted that it wants to see criminals punished,” explained Tsvetanov. Controversial Dupnitsa businessmen Plamen Galev and Angel Hristov were convicted [...]

EU Leaders Gather for Emergency Summit to Boost Growth

EU Leaders Gather for Emergency Summit to Boost Growth

EU leaders will assemble on an emergency European Council May 23 to discuss measures to stimulate economic growth in the Union. This was revealed Tuesday byEuropean Council PresidentHerman Van Rompuy on his Twitter account. The announcement comes in the wake of a special statement byEuropean Commission President Jose Manuel Barroso calling for stepping up measures to create growth in the EU. In his address, Barroso recalled prior stimulus [...]

Brussels to Clear Soon Deficit Offender Bulgaria – Deputy Min

Brussels to Clear Soon Deficit Offender Bulgaria – Deputy Min

The European Union‘s executive will suspend in the short term the excessivebudget deficit procedure against Bulgaria as the country has taken adequate steps to correct it, a deputy finance minister believes. Bulgaria‘s budget deficit dipped below the European Union limit of 3% of gross domestic product last year because of the government’s prudent fiscal management, Deputy Finance Minister Boryana Pencheva told MPs from the European affairs parliamentary committee. “Eurostat, the EU’s statistical agency, [...]

EC Approves State Aid for Promoting Bulgarian Shepherd Dogs

EC Approves State Aid for Promoting Bulgarian Shepherd Dogs

The European Commission has approved a state aid scheme for the participation of Bulgarian Shepherd Dogs in international cynology exhibitions in 2012, according to an announcement of the Bulgarian Agriculture Ministry. The money will be transferred to the Bulgarian Cynology Club. The assistance will be available to registered agricultural producers breeding purebred dogs under the supervision of the Bulgarian [...]

EC Pressures Bulgaria over Direct Election of Top Magistrates

EC Pressures Bulgaria over Direct Election of Top Magistrates

The European Commission has insisted for the third time in two months that Bulgaria’s top judicial body, the Supreme Judicial Council (VSS) be elected directly, a report says. According to a report of the Capital Daily, EC Secretary-General Catherine Day has sent letter to the Bulgarian authorities, as represented by Justice Minister Diana Kovacheva, that [...]

Rightist MEPs Alert Barroso about Discrimination against Eastern Europe

Rightist MEPs Alert Barroso about Discrimination against Eastern Europe

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 [...]

Bulgaria Faces Sanctions over Missing EU Waste Framework Deadline

Bulgaria Faces Sanctions over Missing EU Waste Framework Deadline

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 [...]

EC Probes Motives for Retained Labor Restrictions for Bulgarians, Romanians

EC Probes Motives for Retained Labor Restrictions for Bulgarians, Romanians

Countries that refused to open up their labor markets to Bulgarian and Romanian nationals in 2012 will have to submit their motives with the European Commissionby end-May. Nine EU countries decided to take advantage of the maximum period (December 31, 2013) to keep labor market restrictions for citizens of the EU’s two newest members, citing the crisis as a motive. [...]

Citigroup: Bulgaria GDP Growth to Slow Down to 1.2% in 2012

Citigroup: Bulgaria GDP Growth to Slow Down to 1.2% in 2012

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 [...]

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