Bulgarian EU commissioner Kristalina Georgieva is in her home country to take part Wednesday in festivities marking May 9, Europe Day. Together with President Rosen Pleveneliev, Georgieva will take part in the opening of a public debate ”Bulgaria – Five Years in the EU. Let’s Transfer European Ideas to the University. Is the European Project Exhausted?”. The debate is organized in partnership with the youth [...]
May 11, 2012 | Posted in
Bulgaria-EU |
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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 [...]
May 11, 2012 | Posted in
Bulgaria-EU |
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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, [...]
May 10, 2012 | Posted in
Finance |
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The Euro Area (EU 17) had a seasonally-adjusted unemployment rate of 10.9% in March 2012, compared with 10.8% in February, according to the latest figures released Wednesday by Eurostat. The unemployment rate in the EU 17 was 9.9% in March 2011, with the March 2012 figure marking the highest unemployment in the euro zone member [...]
May 2, 2012 | Posted in
Bulgaria-EU |
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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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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‘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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