ARCHIVE - 26 March 2012

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Business

Bulgaria-Romania 2nd Danube Bridge to Be Completed Nov 2012
China Set to Invest in Bulgaria's Infrastructure, Renewable Energy
Bulgaria's Long-Delayed Key Tunnel Project Gets Eco Permit
Bulgarian Gorubso Miners Demand Management Axing
Bulgarian President Test Drives Chevrolet Volt Hybrid
Bulgaria Development Bank Grants BGN 100 M for SME Credits
Fitch Affirms UBB, Takes It off Watch Negative
Bulgaria's National Power Utility to Seek 15% Price Increase
Bulgaria's Kostov: Agony over Belene N-Plant Continues
Bulgarian Watchdog Clears Acquisition of 3 Wind Parks by LUKErg Renew
Bulgarian-Russian Nuclear Project Grows More Mysterious, Set for New Delay
Bulgaria's Top Court to Rule on US Co Shale Gas Permit in May
Bulgarian PM 'Informs' Putin on Same-Old Belene NPP Stance

Politics

Czech President Klaus Arrives in Bulgaria
Vice President: Civil Confiscation in EU Was Inspired by Bulgaria
Director of Large Taxpayers Tax Directorate in Bulgaria Dismissed
Bulgaria's Socialist Leaders Shoot One Another in Hit YouTube Video
Bulgaria's Turkish Leader: Morals in Politics Are Detrimental
Spaska Mitrova Joins Bulgaria's New Nationalist Party

Society

Researcher Says Russian Leader Putin Has Bulgarian Origins
Plovdiv Bishop: Holy Synod Communist Spies Must Repent or Resign
Bulgarian Unpaid Lead Plant Workers Stage Road Blocks
Moon, Venus, and Jupiter Align in Rare Brilliant Set
Bulgarian Health Min Mulls Pay Raise for Emergency Staff

Sports

Levski Sofia Coach Resigns after Shock Defeat

Crime

Bulgaria Resumes Impudent Kidnap Case despite Murder
Bulgarian Consumer Protection Watchdog Used in Email Phishing Scam
Gunned Down Bulgarian Impudent Feared Attack on Life

Views on BG

South Stream Sticks with Bulgaria

Quotes

Today's Quote

World

French Muslims Resent Sarkozy's Ban of Egyptian Preacher
Cuba Cracks Down on Dissidents ahead of Pope Visit
Obama, Medvedev Part with Hearty Laughs but Not on Missile Defense
Turkey Shuts Down Embassy in Syria
Merkel: Greek Eurozone Exit Would Be Catastrophic

Business

Bulgaria-Romania 2nd Danube Bridge to Be Completed Nov 2012

The construction of the long-anticipated second bridge linking Bulgaria and Romania across the Danube will be completed by November 2012, according to the Bulgarian government.

Business | March 26, 2012, Monday // 20:11

China Set to Invest in Bulgaria's Infrastructure, Renewable Energy

Renewable energy and infrastructure are two of the key sectors where Bulgaria is about to see Chinese investments, according to the participants in a high-profile business forum

Business | March 26, 2012, Monday // 18:48

Bulgaria's Long-Delayed Key Tunnel Project Gets Eco Permit

One of the largest infrastructure projects in Bulgaria – though still only imaginary – the Shipka Pass Tunnel – has received the approval of the Bulgarian Environment Ministry.

Business | March 26, 2012, Monday // 15:07

Bulgarian Gorubso Miners Demand Management Axing

Workers at Bulgaria's Gorubso Madan metal mines expect to be invited by the new owner to negotiate new labor rules.

Business | March 26, 2012, Monday // 10:17

Bulgarian President Test Drives Chevrolet Volt Hybrid

Bulgarian President, Rosen Plevneliev will test drive Monday the US-made Chevrolet Volt hybrid automobile.

Business | March 26, 2012, Monday // 08:46

Bulgaria Development Bank Grants BGN 100 M for SME Credits

The Bulgarian Development Bank will provide loans worth BGN 100 M at an annual interest rate of up to 7% to small and medium-sized companies.

Business » Finance | March 26, 2012, Monday // 18:12

Fitch Affirms UBB, Takes It off Watch Negative

Fitch rating agency announced it has removed from rating watch negative the United Bulgarian Bank, majority-owned by the National Bank of Greece.

Business » Finance | March 26, 2012, Monday // 11:38

Bulgaria's National Power Utility to Seek 15% Price Increase

The National Electricity Company (NEK) is expected to seek a price increase of at least 15% from July 01, according to Mihail Andonov, the new Director of the Bulgarian Energy Holding (BEH).

Business » Energy | March 26, 2012, Monday // 18:25

Bulgaria's Kostov: Agony over Belene N-Plant Continues

Bulgaria's agony over plans for a second nuclear power plant continues unabated, a rightist leader said on Monday as the final decision on the project was delayed yet again.

Business » Energy | March 26, 2012, Monday // 16:31

Bulgarian Watchdog Clears Acquisition of 3 Wind Parks by LUKErg Renew

Bulgaria's anti-trust watchdog has cleared a renewable energy acquisition involving Russian Lukoil.

Business » Energy | March 26, 2012, Monday // 16:23

Bulgarian-Russian Nuclear Project Grows More Mysterious, Set for New Delay

The fate of the Belene Nuclear Power Plant project, which is supposed to become Bulgaria’s second NPP, has remained even more unclear after Monday’s phone conversation between the prime ministers of Bulgaria and Russia.

Business » Energy | March 26, 2012, Monday // 15:49

Bulgaria's Top Court to Rule on US Co Shale Gas Permit in May

Bulgaria's top court will deliver its decision on the appeal against the award of Vranino 1-11 block to US company Park Place in May, it emerged on Monday.

Business » Energy | March 26, 2012, Monday // 15:03

Bulgarian PM 'Informs' Putin on Same-Old Belene NPP Stance

Bulgaria's Prime Minister, Boyko Borisov, has already notified his Russian counterpart and President-elect, Vladimir Putin, about the cabinet's decision on the project to build a second Nuclear Power Plant in the Danube town of Belene.

Business » Energy | March 26, 2012, Monday // 14:25

Politics

Czech President Klaus Arrives in Bulgaria

Czech President and former Prime Minister of the country, Vaclav Klaus, is arriving in Bulgaria Tuesday on a working visit.

Politics » Diplomacy | March 26, 2012, Monday // 13:44

Vice President: Civil Confiscation in EU Was Inspired by Bulgaria

Bulgarian Vice President Margarita Popova has boasted that the recent proposal of the European Commission for a directive on the confiscation of criminal assets in the EU was inspired by Bulgaria and Ireland.

Politics » Bulgaria in EU | March 26, 2012, Monday // 15:11

Director of Large Taxpayers Tax Directorate in Bulgaria Dismissed

Sfetan Trichkov, Director of the Large Taxpayers and Insurers Territorial Directorate of the National Revenue Agency (NRA), was dismissed Monday by the NRA CEO.

Politics » Domestic | March 26, 2012, Monday // 17:22

Bulgaria's Socialist Leaders Shoot One Another in Hit YouTube Video

Bulgaria's Socialist Party leaders who are now battling for the chairmanship – ex President Georgi Parvanov and ex PM Sergei Stanishev – have ended up dueling in a hit YouTube video.

Politics » Domestic | March 26, 2012, Monday // 16:56

Bulgaria's Turkish Leader: Morals in Politics Are Detrimental

Striving for morals in politics is detrimental for the State, according to Bulgaria's ethnic Turkish leader, Ahmed Dogan.

Politics » Domestic | March 26, 2012, Monday // 11:16

Spaska Mitrova Joins Bulgaria's New Nationalist Party

Bulgarian mother, Spaska Mitrova, who was thrown in Macedonian jail for three months in 2009 for preventing her former husband from meeting their child, has joined the new party of MEP, Dimitar Stoyanov.

Politics » Domestic | March 26, 2012, Monday // 09:43

Society

Researcher Says Russian Leader Putin Has Bulgarian Origins

Russia's newly-reelected former President Vladimir Putin has Bulgarian origins, a Bulgarian researcher claims.

Society | March 26, 2012, Monday // 14:18

Plovdiv Bishop: Holy Synod Communist Spies Must Repent or Resign

Bulgarian bishops, who have been exposed as agents or collaborators of the former Communist State Security must choose between repentance and resignation.

Society | March 26, 2012, Monday // 11:49

Bulgarian Unpaid Lead Plant Workers Stage Road Blocks

Workers of the Lead and Zinc Complex in Kardzhali, the leading Bulgarian non-ferrous metals producer, threaten road blocks on Monday if they do not receive their salaries.

Society | March 26, 2012, Monday // 09:10

Moon, Venus, and Jupiter Align in Rare Brilliant Set

Skygazers from around the world, including Bulgaria, were treated Monday night to the rare opportunity of feasting their eyes on Jupiter, Venus and Moon arranged in a captivating triangular formation.

Society » Environment | March 26, 2012, Monday // 19:33

Bulgarian Health Min Mulls Pay Raise for Emergency Staff

Bulgaria's Health Minister, Desislava Atanasova, proposed a new plan to increase wages of emergency room doctors who currently get paid the dismal BGN 500 a month on average.

Society » Health | March 26, 2012, Monday // 14:55

Sports

Levski Sofia Coach Resigns after Shock Defeat

Levski Sofia head coach Nikolay Kostov surprisingly resigned on Monday, saying the team is not living up to his expectations and targets.

Sports | March 26, 2012, Monday // 15:49

Crime

Bulgaria Resumes Impudent Kidnap Case despite Murder

The Sofia City Court resumed Monday the high-profile organized crime case codenamed The Impudent, after one of the alleged members of the gang with the same name was killed over the weekend.

Crime | March 26, 2012, Monday // 12:51

Bulgarian Consumer Protection Watchdog Used in Email Phishing Scam

Bulgarian media have spread the word about a new email phishing scam.

Crime | March 26, 2012, Monday // 12:41

Gunned Down Bulgarian Impudent Feared Attack on Life

The murdered defendant in Bulgaria's high-profile Impudent criminal case, Kiril Kirilov AKA Shkafa (The Commode) had expected to be attacked.

Crime | March 26, 2012, Monday // 08:14

Views on BG

South Stream Sticks with Bulgaria

South Stream Transport AG, the offshore company developing the Russian-backed natural gas pipeline, told New Europe that it is sticking with its plans with a landfall in Bulgaria.

Views on BG | March 26, 2012, Monday // 13:11

Quotes

Today's Quote

"The replacement of the Director of the Bulgarian Energy Holding is another self-inflicted gunshot wound at times the country is entering the decisive stage of big projects.

Quotes | March 26, 2012, Monday // 13:17

World

French Muslims Resent Sarkozy's Ban of Egyptian Preacher

The Union of French Islamic Organizations (UOIF) on Monday expressed surprise at President Nicolas Sarkozy's decision to ban an influential Egyptian preacher from visiting France next month.

World | March 26, 2012, Monday // 19:31

Cuba Cracks Down on Dissidents ahead of Pope Visit

Dozens of dissidents have been arrested in Cuba, opposition groups said, ahead of the arrival Monday of Pope Benedict XVI in Havana.

World | March 26, 2012, Monday // 17:37

Obama, Medvedev Part with Hearty Laughs but Not on Missile Defense

Russian-US relations are at an all-time high, Russian President Dmitry Medvedev has told US President Barack Obama at the global nuclear security summit in Seoul on Monday.

World | March 26, 2012, Monday // 16:09

Turkey Shuts Down Embassy in Syria

Turkey closed its embassy in the Syrian capital Damascus on Monday over the deteriorating security situation in the country, the foreign ministry said.

World | March 26, 2012, Monday // 13:32

Merkel: Greek Eurozone Exit Would Be Catastrophic

The expulsion of Greece from the single currency zone will have catastrophic consequences, German Chancellor Angela Merkel has warned in stark contrast with the statements voiced by most EU officials.

World | March 26, 2012, Monday // 12:23
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