ARCHIVE - 8 February 2012

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Business

Crunch-Hit Bulgaria Drives Increase in E Europe Insolvencies - Creditreform
Bulgarian Nationalists Seek Ban on Sale of State Power Utilty Stakes
Bulgaria Needs Extra EUR 579 M for Nuclear Decommissioning - ECA
Solvay Sodi CEO: Bulgaria Presents Wealth of Business Incentives

Politics

China Donates BGN 15 000 for Bulgarian Flood Victims
US Offers Assistance to Flood-Hit Bulgaria
Kuneva: EC Slams Bulgaria's Rulers in Sternest Report Ever
EC: Strong Institutions Should Back Up Bulgaria's Crack-Down on Assets
Bulgarian PM Blames Bad CVM Report on Predecessor, National Psychology
EC Report Slams Bulgaria's Failure to Punish EU Funds Fraud
Bulgaria Needs Much Deeper Judicial Reform - EC Interim Report
Interim CVM Report Set to Smash Bulgaria Schengen Hopes
Italy, Poland Hurry to Help Flood, Cold Distressed Bulgaria
Marijuana Protest Staged Inside Bulgarian Parliament
Bulgarian Judge Files Libel Lawsuit against Top Cop
Bulgaria's Turkish Party Wants Top Cop Axed over EC Report
Bulgaria’s Ruling Party Refuses Top Cop Hearing over Deadly Flood

Society

Bulgarian Food Bank Established to Fight Hunger, Waste
Bulgaria's Man of the Year Sees Childhood Dream Come True
Bulgaria PM Vows to Compensate Families of Flood Victims
Bulgaria Mourns Its Flood Victims

Sports

Bulgaria Coach Welcomes Berbatov’s Potential Return
Bulgaria Suspected in Another 'Rigged' Friendly

Views on BG

EC Interim Report on Bulgaria Progress under CVM - Full Text

Quotes

Today's Quote

World

St. Petersburg Imposes Ban, Fines on 'Gay Promotion' Activities
Santorum Records Surprising Triple Victory

Novinite Insider

Bulgarian Journalist Ivan Bakalov: Like Other Balkan Leaders PM Borisov Will Be Sentenced in Court Some Day
US-BG: Brotherly Friendship but at a Slight Standstill

Special Topic

EnergoService CEO Georgi Manchev: Bulgaria's Nuclear Energy Needs Less Politics, More National Interest
Solvay Sodi CEO Eric Vander Vorst: We Strongly Hope Chemical Industry Will Have Future in Bulgaria

Business

Crunch-Hit Bulgaria Drives Increase in E Europe Insolvencies - Creditreform

Bulgaria, Hungary and the Czech Republic marked the highest increase in corporate insolvencies in central and eastern Europe last year in the wake of the credit crunch and economic slow-down,  Creditreform agency said.

Business | February 8, 2012, Wednesday // 09:55

Bulgarian Nationalists Seek Ban on Sale of State Power Utilty Stakes

Pavel Shopov, MP from nationalist party Ataka, has called for a moratorium on the sale of state-owned minority stakes in power distribution companies, arguing that their privatization would hurt public interests.

Business » Energy | February 8, 2012, Wednesday // 19:33

Bulgaria Needs Extra EUR 579 M for Nuclear Decommissioning - ECA

Bulgaria, Slovakia and Lithuania need an additional EUR 2.5 B for the decommissioning of eight non-upgradeable nuclear reactors, according to a report of the European Court of Auditors (ECA).

Business » Energy | February 8, 2012, Wednesday // 17:52

Solvay Sodi CEO: Bulgaria Presents Wealth of Business Incentives

Bulgaria has a lot of advantages, benefiting the chemical industry business, according to the Solvay Sodi CEO Eric Vander Vorst.

Business » Industry | February 8, 2012, Wednesday // 17:28

Politics

China Donates BGN 15 000 for Bulgarian Flood Victims

The Chinese Embassy in Sofia has announced a BGN 15 000 donation to aid the victims of the floods that have hit Southern Bulgaria.

Politics » Diplomacy | February 8, 2012, Wednesday // 18:12

US Offers Assistance to Flood-Hit Bulgaria

The United States government expressed on Wednesday its condolences to all the victims of recent flooding in southern Bulgaria and offered assistance as the country observed a national day of mourning.

Politics » Diplomacy | February 8, 2012, Wednesday // 14:26

Kuneva: EC Slams Bulgaria's Rulers in Sternest Report Ever

The European Commission has issued its most critical report on Bulgaria so far for its failure to reform its courts, reduce corruption, and fight organized crime, according to the country's former commissioner in Brussels.

Politics » Bulgaria in EU | February 8, 2012, Wednesday // 19:34

EC: Strong Institutions Should Back Up Bulgaria's Crack-Down on Assets

Bulgaria's law on asset forfeiture needs to be comprehensive, and backed up with strong institutions, if it is to be effective in dissuading organized crime and high-level corruption, the European Commission recommended in its interim report.

Politics » Bulgaria in EU | February 8, 2012, Wednesday // 13:56

Bulgarian PM Blames Bad CVM Report on Predecessor, National Psychology

The Bulgarians' traditional predisposition to defame their compatriots stands behind the negative Cooperation and Verification Mechanism report released on Wednesday, according to Bulgarian Prime Minister Boyko Borisov.

Politics » Bulgaria in EU | February 8, 2012, Wednesday // 13:33

EC Report Slams Bulgaria's Failure to Punish EU Funds Fraud

The Interim Monitoring Report of the European Commission has exposed once again Bulgaria's failure to crack down on the abuse of EU funds.

Politics » Bulgaria in EU | February 8, 2012, Wednesday // 12:57

Bulgaria Needs Much Deeper Judicial Reform - EC Interim Report

Bulgaria has taken certain measures to improve its justice system and the persecution of organization crime but more convincing results are needed, according to the interim monitoring report of the European Commission on Bulgaria.

Politics » Bulgaria in EU | February 8, 2012, Wednesday // 12:16

Interim CVM Report Set to Smash Bulgaria Schengen Hopes

The European Commission's interim Cooperation and Verification Mechanism Report revealed on Wednesday is expected to deal a serious blow to the country's efforts to join the Schengen Agreement soon.

Politics » Bulgaria in EU | February 8, 2012, Wednesday // 12:10

Italy, Poland Hurry to Help Flood, Cold Distressed Bulgaria

Italy and Poland have become the first EU member states to react to Bulgaria's request to help the combat against its massive floods and prevent new disasters amid the severely cold weather in the country.

Politics » Bulgaria in EU | February 8, 2012, Wednesday // 11:43

Marijuana Protest Staged Inside Bulgarian Parliament

A unique protest was staged Wednesday in Parliament against the 8-month prison sentence issued by the Specialized Criminal Court for the possession of a single joint cigarette.

Politics » Domestic | February 8, 2012, Wednesday // 22:48

Bulgarian Judge Files Libel Lawsuit against Top Cop

Miroslava Todorova, Chair of the Bulgarian Judges Association (BJA) and judge at the Sofia City Court (SCC), has filed a libel lawsuit against Interior Minister Tsvetan Tsvetanov over a series of accusations leveled by him on TV.

Politics » Domestic | February 8, 2012, Wednesday // 15:41

Bulgaria's Turkish Party Wants Top Cop Axed over EC Report

Bulgaria's ethnic Turkish Movement for Rights and Freedoms has called for the removal of the country's Interior Minister Tsvetan Tsvetanov in the aftermath of the negative Cooperation and Verification Mechanism report revealed Wednesday.

Politics » Domestic | February 8, 2012, Wednesday // 14:45

Bulgaria’s Ruling Party Refuses Top Cop Hearing over Deadly Flood

Bulgaria's ruling GERB party refused a parliamentary hearing of Interior Minister Tsvetan Tsvetanov regarding the severe snowfalls in the country and the massive floods in the country.

Politics » Domestic | February 8, 2012, Wednesday // 10:12

Society

Bulgarian Food Bank Established to Fight Hunger, Waste

Two non profits, six companies related to the food industry and one IT company announced the establishment of the "Bulgarian Food Bank", whose mission will be to fight hunger and unnecessary food waste.

Society | February 8, 2012, Wednesday // 17:25

Bulgaria's Man of the Year Sees Childhood Dream Come True

Stefan Ivanov, 29, a mechanic who turned into a national hero after coming first to the rescue of the victims of a hellish bus crash in Bulgaria last summer, is on his way to achieve his biggest dream – be a firefighter.

Society | February 8, 2012, Wednesday // 11:14

Bulgaria PM Vows to Compensate Families of Flood Victims

The families of the eight victims of Monday's flood in Bulgaria will be compensated with BGN 10 000 each, the country's Prime Minister Boyko Borisov revealed on Wednesday.

Society | February 8, 2012, Wednesday // 09:03

Bulgaria Mourns Its Flood Victims

Wednesday has been declared a day of mourning in Bulgaria in order to commemorate the victims of the tragic flood that took at least eight lives on Monday.

Society | February 8, 2012, Wednesday // 08:08

Sports

Bulgaria Coach Welcomes Berbatov’s Potential Return

Bulgaria's recently appointed national football coach Lyuboslav Penev would welcome striker Dimitar Berbatov's potential return to the squad ahead of the upcoming World Cup qualifiers.

Sports | February 8, 2012, Wednesday // 09:39

Bulgaria Suspected in Another 'Rigged' Friendly

Bulgaria's national football team may have participated in a fixed friendly game against South Africa ahead of the 2010 World Cup that took place in the African country.

Sports | February 8, 2012, Wednesday // 08:35

Views on BG

EC Interim Report on Bulgaria Progress under CVM - Full Text

This interim report provides a technical update on significant developments during the last six months in Bulgaria under the Co-operation and Verification Mechanism ("CVM").

Views on BG | February 8, 2012, Wednesday // 12:49

Quotes

Today's Quote

"Wednesday's reports showed progress in both countries [Bulgaria and Romania], especially in Romania' but this is not enough for the Netherlands to change its position [on Schengen].

Quotes | February 8, 2012, Wednesday // 17:55

World

St. Petersburg Imposes Ban, Fines on 'Gay Promotion' Activities

Russian city St. Petersburg's city legislature approved on Wednesday a bill imposing fines up to USD 16 700 for the "promotion of homosexuality."

World | February 8, 2012, Wednesday // 16:11

Santorum Records Surprising Triple Victory

Republican US presidential hopeful Rick Santorum has achieved a remarkable triple victory in the Minnesota and Colorado caucuses and the Missouri primary.

World | February 8, 2012, Wednesday // 10:51

Novinite Insider

Bulgarian Journalist Ivan Bakalov: Like Other Balkan Leaders PM Borisov Will Be Sentenced in Court Some Day

A new book appeared on the Bulgarian print market in October 2011, but local media, with very few exceptions, stubbornly keep silent about it.

Novinite Insider » Interview | February 8, 2012, Wednesday // 15:04

US-BG: Brotherly Friendship but at a Slight Standstill

A visit by a US Secretary of State – such as the visit of US State Secretary Hillary Clinton in Bulgaria on February 5 – is always good news for the host country.

Novinite Insider » Expert Voices | February 8, 2012, Wednesday // 22:41

Special Topic

EnergoService CEO Georgi Manchev: Bulgaria's Nuclear Energy Needs Less Politics, More National Interest

Exclusive interview with Mr. Georgi Manchev, CEO of the EnergoService company, for the "Investors of the Decade" Business Survey of Novinite.com (Sofia News Agency) and Novinite.bg.

Investors of the Decade 2001-2011 » CEO Profiles | February 8, 2012, Wednesday // 15:40

Solvay Sodi CEO Eric Vander Vorst: We Strongly Hope Chemical Industry Will Have Future in Bulgaria

Exclusive interiview with Solvay Sodi CEO Eric Vander Vorst for the "Investors of the Decade" Business Survey of Novinite.com (Sofia News Agency) and Novinite.bg.

Investors of the Decade 2001-2011 » CEO Profiles | February 8, 2012, Wednesday // 12:33
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