ARCHIVE - 23 April 2012

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Business

Concessionaire to Operate Water Supply and Sewerage Network in Bulgaria's Pleven
Over 1000 Bulgarians to Find Overseas Jobs in 2012 through Employment Agency
Luciano Benetton Steps Down, Son Takes Over
Bulgaria Had EU's 2nd Lowest Debt-to-GDP in 2011
Thermal Power Plant Capacity in Bulgaria's Pernik Faces Shutdown
Bulgaria's Belene NPP Would've Cost EUR 10 B, HSBC Estimates
Russian Expert: South Stream Will Never Pay Off
Lukoil Bulgaria CEO Seeks Short-Term Fuel Price Measures
Sofia Heating Company Shuts off Power
Creditors, Syndicates to Save Bulgaria's Lead and Zinc Complex from Bankruptcy
Bulgaria Named Cheapest Tourist Destination for Brits

Politics

Bulgaria Tries to Lure Indian Business, Tourists
Bulgaria's Foreign Ministry Braces for Layoffs
Kuneva: Bulgaria Should Expand Cinema Network with EU Money
Bulgaria's PM Sacks 1 More Adviser
Left-Winger Claims Bulgaria Will Pay Costly for Scrapping Belene N-Plant
No-Confidence Vote Officially Scrapped in Bulgaria
Bulgaria's Parliament to Discuss Failed No-Confidence Vote

Society

Bulgaria to Pour EU Money into Career Orientation for First-graders
Literature Admirers Celebrate World Book Day

Crime

Alleged Bulgarian Lobbyist Acquitted of Tax Evasion
Murder Defendant Flees Bulgaria, Victims' Mums Cry Foul

Views on BG

EU Greens Hail Belene Scrapping but Fight Not Over

World

Gay Rights Groups Protest Moscow 'Anti-Gay Propaganda' Law
Breivik Wanted to Behead Ex-PM, Journalist, Foreign Minister
Dutch PM Resigns over Failed Austerity Talks
France Vote: Hollande Lead over Sarkozy Just 1%

Business

Concessionaire to Operate Water Supply and Sewerage Network in Bulgaria's Pleven

The water supply and sewerage (WSS) infrastructure in the northern city of Pleven will be granted under concession to fetch investments of BGN 400 M.

Business | April 23, 2012, Monday // 17:20

Over 1000 Bulgarians to Find Overseas Jobs in 2012 through Employment Agency

The number of people who found a job abroad through Bulgaria's Employment Agency is expected to top 1000 people in 2012, according to the EA's press office.

Business | April 23, 2012, Monday // 11:54

Luciano Benetton Steps Down, Son Takes Over

Benetton cofounder Luciano Benetton has announced he was stepping aside for his son to take over the helm of the Italian fashion clothing company he founded 47 years ago.

Business | April 23, 2012, Monday // 11:07

Bulgaria Had EU's 2nd Lowest Debt-to-GDP in 2011

Bulgaria had EU's second lowest debt-to-GDP ratio among the EU 27 in 2011 – 16.

Business » Finance | April 23, 2012, Monday // 12:54

Thermal Power Plant Capacity in Bulgaria's Pernik Faces Shutdown

The fifth steam turbine, which is the main capacity of the Republika Thermal Power Plant in Pernik, will be stopped in a few days' time.

Business » Energy | April 23, 2012, Monday // 18:06

Bulgaria's Belene NPP Would've Cost EUR 10 B, HSBC Estimates

The construction of the Belene Nuclear Power Plant would have cost EUR 10.35 B in the best case scenario, according to the estimates of Bulgarian government's consultant for the project, the HSBC bank.

Business » Energy | April 23, 2012, Monday // 17:42

Russian Expert: South Stream Will Never Pay Off

The Russian-sponsored gas transit pipeline South Stream is a purely political project, and will never return the invested money, according to an independent Russian expert.

Business » Energy | April 23, 2012, Monday // 16:19

Lukoil Bulgaria CEO Seeks Short-Term Fuel Price Measures

Given the current crude oil prices on international markets, liquid fuel prices in Bulgaria could drop by BGN 0.09-0.10 per liter as a result of short-term measures adopted by the state, according to Lukoil CEO Valentin Zlatev.

Business » Energy | April 23, 2012, Monday // 12:50

Sofia Heating Company Shuts off Power

Sofia's heating company announced it will begin to shut off the central heating in the capital as of April 23, Monday.

Business » Energy | April 23, 2012, Monday // 07:21

Creditors, Syndicates to Save Bulgaria's Lead and Zinc Complex from Bankruptcy

The largest Bulgarian producer of non-ferrous metals, the Lead and Zinc Complex (LZC; OTZK) in the southern city of Kardzhali will not be declared insolvent, syndicate leaders have announced.

Business » Industry | April 23, 2012, Monday // 17:16

Bulgaria Named Cheapest Tourist Destination for Brits

Bulgaria is the least expensive tourist destination for Britons, the cost index from Post Office Travel Money has revealed.

Business » Tourism | April 23, 2012, Monday // 15:37

Politics

Bulgaria Tries to Lure Indian Business, Tourists

Bulgaria has invited Indian companies to take advantage of its multi-lingual workforce and tax incentives and use it as a gateway to the European Union.

Politics » Diplomacy | April 23, 2012, Monday // 12:21

Bulgaria's Foreign Ministry Braces for Layoffs

There will be inevitable layoffs in Bulgaria's Foreign Ministry due to budget cuts, the country's Foreign Minister Nikolay Mladenov revealed on Monday.

Politics » Diplomacy | April 23, 2012, Monday // 11:48

Kuneva: Bulgaria Should Expand Cinema Network with EU Money

Meglena Kuneva, former EU Commissioner and founder of the Bulgaria for Citizens movement, has suggested that EU funds could be tapped to expand the cinema network in the country.

Politics » Bulgaria in EU | April 23, 2012, Monday // 14:13

Bulgaria's PM Sacks 1 More Adviser

Bulgarian Prime Minister Boyko Borisov has fired his adviser Rumen Milanov, it has been announced.

Politics » Domestic | April 23, 2012, Monday // 17:46

Left-Winger Claims Bulgaria Will Pay Costly for Scrapping Belene N-Plant

Bulgarians will have to pay much higher electricity bills due to the government's decision to abandon the Belene Nuclear Power Plant project, according to Sergey Stanishev, leader of left-wing oppositional Bulgarian Socialist Party.

Politics » Domestic | April 23, 2012, Monday // 16:36

No-Confidence Vote Officially Scrapped in Bulgaria

Bulgaria's Parliament expectedly decided that the planned no-confidence vote against the ruling centrist-right GERB will not take place.

Politics » Domestic | April 23, 2012, Monday // 14:49

Bulgaria's Parliament to Discuss Failed No-Confidence Vote

Bulgaria's Parliament will hold a sitting on Monday on which a recently submitted no-confidence motion against ruling centrist-right GERB is scheduled to be discussed.

Politics » Domestic | April 23, 2012, Monday // 11:17

Society

Bulgaria to Pour EU Money into Career Orientation for First-graders

Bulgaria's Education Ministry is starting a new project for career development funded with EU money that will encompass students from 1st to 12th grade, Education Minister Sergey Ignatov announced.

Society » Education | April 23, 2012, Monday // 20:37

Literature Admirers Celebrate World Book Day

The annual celebration of World Book Day will be held on Monday, April 23, the day commemorating the death of two of the most famous authors - William Shakespeare and Miguel de Cervantes.

Society » Culture | April 23, 2012, Monday // 08:44

Crime

Alleged Bulgarian Lobbyist Acquitted of Tax Evasion

The Sofia City Court has acquitted notorious businessman and alleged court lobbyist Krasimir Georgiev, aka Krasio the Black, of tax evasion.

Crime | April 23, 2012, Monday // 15:43

Murder Defendant Flees Bulgaria, Victims' Mums Cry Foul

The defendant in a high-profile double murder trial has fled abroad, the parents of the young victims alarmed, fearing their fight for justice is doomed.

Crime | April 23, 2012, Monday // 09:18

Views on BG

EU Greens Hail Belene Scrapping but Fight Not Over

The European Parliament's Greens Group hailed the Bulgarian government's decision to suspend the Belene nuclear power plant project on the banks of the River Danube, German MEP Rebecca Harms told New Europe in Strasbourg on 18 April.

Views on BG | April 23, 2012, Monday // 10:10

World

Gay Rights Groups Protest Moscow 'Anti-Gay Propaganda' Law

Gay rights activists protested at the Moscow City Duma Monday afternoon against a law banning "gay propaganda" among minors that could be imposed by the Moscow authorities.

World | April 23, 2012, Monday // 19:30

Breivik Wanted to Behead Ex-PM, Journalist, Foreign Minister

Norwegian mass murderer Anders Behring Breivik has revealed that he planned to behead the country's former Prime Minister Gro Harlem Brundtland, as well as journalist Marte Michelet and Foreign Minister Jonas Gahr Store.

World | April 23, 2012, Monday // 13:57

Dutch PM Resigns over Failed Austerity Talks

Dutch Prime Minister Mark Rutte is to offer his resignation to the queen after his coalition fell apart, it has been announced.

World | April 23, 2012, Monday // 13:41

France Vote: Hollande Lead over Sarkozy Just 1%

The gap between Socialist candidate for French president Francois Hollande and incumbent Nicolas Sarkozy has tightened to just 1%, it emerged in the early hours on Monday.

World | April 23, 2012, Monday // 07:59
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