ARCHIVE - 7 May 2012

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Business

Employees of Bulgaria's Lead and Zinc Complex Renew Protests
Bulgarian PM Pays Surprising Visit to Hwy Works Inspection
Bulgaria Looming Recession to Deal Heaviest Blow to Exports
Bulgaria Picks BNP Paribas, HSBC and Raiffeisen to Manage Eurobond Float
Bulgarian FinMin Vows Cheap State Institutions Relocation
Bulgaria's 2011 FDI to Reach EUR 1.6 B - Agency Chief
Bulgaria's Public Pension System Anchor in Dire Straits
Bulgarian Social Minister Forecasts 10% 2012 Wage Growth
Bulgarian Deputy Minister Surprisingly Takes Over Kozloduy NPP
Loan Payoff Deadline for Bulgaria's Flopped N-Plant Extended
Bulgaria's Coastal Resort Mulls Controversial Entrance Fees

Politics

Ambassadors Laud Bulgaria's New Illegal Assets Bill
Bulgarian 'First Lady' Snubs Husband's US Visit
Top Bulgarian Socialist 'Happy' with France Elections Outcome
Bulgaria's President Demands e-Govt Agency on His 100th Day
Bulgaria's Biggest Black Sea Cities Vie to Host Fisheries Watchdog
Bulgarian Vice President Granted 1st Pardon
Bulgarian President Accounts for 1st 100 Days in Office

Society

Bulgaria Enchanted by 3 Cute Bear Cubs
Bulgaria to Broil in July, August, Mercury Up to over 40C
Bulgarian Archaeology Museum Gets Unique Thracian Statue
Bulgaria's Full Smoking Ban to Fuel Smuggling - Analyst
Bulgarian Doctors Union Fined for Setting Minimum Tariff for Paid Check-Ups

Sports

Bulgaria's Pulev Climbs to 4th Spot in Global BoxRec Ranking

Views on BG

Bulgarians Turn Petals of the Rosa Damascena Flowers into Liquid Gold

Quotes

Today's Quote

World

EU, Germany: Greece Must Keep to Our Terms No Matter What
Russian President Putin Nominates Medvedev as PM
Greeks' Vote Fuels Fears of Default, Euro Zone Exit
Arrests Mar Putin's Inauguration for 3rd Term as Russian President
Putin Inaugurated Russian President
Leading Greece Parties Suffer Crushing Elections Defeat
Tadic with Minor Lead ahead of Serbian Presidential Elections Runoff

Business

Employees of Bulgaria's Lead and Zinc Complex Renew Protests

Employees of the Lead and Zinc Complex (LZC; OTZK), the largest Bulgarian producer of non-ferrous metals in the southern city of Kardzhali, will renew protests on Tuesday due to the uncertain future of the plant.

Business | May 7, 2012, Monday // 20:30

Bulgarian PM Pays Surprising Visit to Hwy Works Inspection

Bulgaria's Prime Minister, Boyko Borisov, surprisingly joined Monday the inspection of the progress of construction works on the Hemus highway in northern Bulgaria.

Business | May 7, 2012, Monday // 13:09

Bulgaria Looming Recession to Deal Heaviest Blow to Exports

As Bulgaria's economy hovers on the brink of its second recession in three years, analysts have warned the slump will take the biggest bite out of exports.

Business | May 7, 2012, Monday // 11:51

Bulgaria Picks BNP Paribas, HSBC and Raiffeisen to Manage Eurobond Float

Bulgaria's finance ministry has selected BNP Paribas, HSBC and Raiffeisen as mediators for the eurobond issue that the country plans to float this year.

Business | May 7, 2012, Monday // 11:05

Bulgarian FinMin Vows Cheap State Institutions Relocation

The relocation of State structures from the capital Sofia to other Bulgarian cities would not cost much, according to Deputy Prime Minister and Finance Minister, Simeon Djankov.

Business | May 7, 2012, Monday // 09:31

Bulgaria's 2011 FDI to Reach EUR 1.6 B - Agency Chief

Bulgaria's final foreign direct investment for 2011 will probably amount to EUR 1.6 B, according to Borislav Stefanov, head of the InvestBulgaria Agency.

Business » Finance | May 7, 2012, Monday // 15:28

Bulgaria's Public Pension System Anchor in Dire Straits

Since the beginning of the year, no money has been transferred to Bulgaria's Silver Fund, set up to anchor the public pension system, shows its balance sheet, published online by the finance ministry.

Business » Finance | May 7, 2012, Monday // 14:52

Bulgarian Social Minister Forecasts 10% 2012 Wage Growth

Bulgarian Social Policy and Labor Minister, Totyu Mladenov, admits that in the last several years wages in the country have been lagging behind.

Business » Finance | May 7, 2012, Monday // 11:15

Bulgarian Deputy Minister Surprisingly Takes Over Kozloduy NPP

Bulgaria's Deputy Economy Minister Valentin Nikolov has been appointed in charge of the country's only operational nuclear power plant in Kozloduy in a surprising government move.

Business » Energy | May 7, 2012, Monday // 18:17

Loan Payoff Deadline for Bulgaria's Flopped N-Plant Extended

The deadline for the payoff of the loan taken by Bulgaria's National Electric Company, NEK, for the flopped project to build a second Nuclear Power Plant in the Danube town of Belene will be extended by one year.

Business » Energy | May 7, 2012, Monday // 11:55

Bulgaria's Coastal Resort Mulls Controversial Entrance Fees

Plans for the introduction of cars entrance fees are about to stir the latest scandal at Bulgaria's seaside resort of Sunny Beach, just before the summer season kicks off.

Business » Tourism | May 7, 2012, Monday // 17:31

Politics

Ambassadors Laud Bulgaria's New Illegal Assets Bill

Six ambassadors to Bulgaria lauded Monday the newly passed illegal assets confiscation bill, cautioning that the next step was to ensure its smooth implementation by an independent and strong commission.

Politics » Diplomacy | May 7, 2012, Monday // 19:07

Bulgarian 'First Lady' Snubs Husband's US Visit

Bulgaria's "First Lady," Yuliyana Plevnelieva, is not going to accompany her husband during his first official visit to the US as President later in May

Politics » Diplomacy | May 7, 2012, Monday // 12:30

Top Bulgarian Socialist 'Happy' with France Elections Outcome

The leader of the left-wing Bulgarian Socialist Party, BSP, Chairman of the Party of European Socialists, PES, and former Prime Minister, Sergey Stanishev, has voiced deep satisfaction from the results of the presidential elections in France.

Politics » Diplomacy | May 7, 2012, Monday // 08:42

Bulgaria's President Demands e-Govt Agency on His 100th Day

Bulgarian President Rosen Plevneliev has demanded that a single state agency be set up in order to be in charge of the development of the long anticipated but apparently highly elusive e-government services.

Politics » Domestic | May 7, 2012, Monday // 16:49

Bulgaria's Biggest Black Sea Cities Vie to Host Fisheries Watchdog

The municipal administration in the southern Black Sea city of Burgas has insisted that the Executive Agency on Fisheries and Aquaculture (EAFA) should be moved to Burgas rather than Varna.

Politics » Domestic | May 7, 2012, Monday // 15:12

Bulgarian Vice President Granted 1st Pardon

Bulgaria's Vice President Margarita Popova has granted a first and one single pardon since the beginning of her term in office.

Politics » Domestic | May 7, 2012, Monday // 14:26

Bulgarian President Accounts for 1st 100 Days in Office

Bulgarian President, Rosen Plevneliev, is giving Monday an account for the activities of his institution during the first 100 days since taking the oath of office.

Politics » Domestic | May 7, 2012, Monday // 10:02

Society

Bulgaria Enchanted by 3 Cute Bear Cubs

The three brown bear cubs born in the Stara Zagora Zoo in January have become celebrities in Bulgaria.

Society » Environment | May 7, 2012, Monday // 15:49

Bulgaria to Broil in July, August, Mercury Up to over 40C

Bulgarians and visitors to the country are in for a sizzling hot summer, which was already heralded by the record-highs at the beginning of May.

Society » Environment | May 7, 2012, Monday // 15:44

Bulgarian Archaeology Museum Gets Unique Thracian Statue

A Bulgarian businessman has donated an absolutely unique Ancient Thracian statue to the Archaeology Museum in Bulgaria's Black Sea city of Varna.

Society » Archaeology | May 7, 2012, Monday // 13:12

Bulgaria's Full Smoking Ban to Fuel Smuggling - Analyst

Bulgaria's organized crime will see their old favorite - illegal cigarette sales - boom after smoking is banned in all enclosed public spaces as of June 1, an expert has warned.

Society » Health | May 7, 2012, Monday // 16:49

Bulgarian Doctors Union Fined for Setting Minimum Tariff for Paid Check-Ups

The Bulgarian Doctors Union (BDU) has been penalized for the anti-competitive move of setting a minimum price for a private medical examination.

Society » Health | May 7, 2012, Monday // 16:36

Sports

Bulgaria's Pulev Climbs to 4th Spot in Global BoxRec Ranking

Bulgarian heavywieght boxer Kubrat Pulev has climbed up to the fourth spot in the BoxRec World Heavyweight Ranking after winning the EBU European heavyweight title.

Sports | May 7, 2012, Monday // 14:10

Views on BG

Bulgarians Turn Petals of the Rosa Damascena Flowers into Liquid Gold

As we traveled toward the historic village of Arbanasi, Bulgaria, we learned about liquid gold.

Views on BG | May 7, 2012, Monday // 10:51

Quotes

Today's Quote

"Bulgaria brings together the best of the Eastern and Western world.

Quotes | May 7, 2012, Monday // 11:31

World

EU, Germany: Greece Must Keep to Our Terms No Matter What

The EU and Germany have made it clear Greece must stick to the commitments it has entered into for the two EU/IMF bailouts, whatever the line-up of its next government.

World | May 7, 2012, Monday // 16:18

Russian President Putin Nominates Medvedev as PM

Vladimir Putin, who was inaugurated for the third time Monday as President of the Russian Federation, has nominated his predecessor Dmitry Medvedev to become Prime Minister.

World | May 7, 2012, Monday // 15:00

Greeks' Vote Fuels Fears of Default, Euro Zone Exit

Greece faces anew the risk of default and exit from the euro zone, experts have warned after voters rejected austerity and the terms of the country's bailout from the European Union and International Monetary Fund.

World | May 7, 2012, Monday // 13:14

Arrests Mar Putin's Inauguration for 3rd Term as Russian President

Vladimir Putin has been sworn into office as Russian president on Monday in a glittering Kremlin ceremony that took place less than 24 hours after protesters opposed to his rule had battled police in downtown Moscow.

World | May 7, 2012, Monday // 12:20

Putin Inaugurated Russian President

Vladimir Putin will be inaugurated President of Russia Monday in a ceremony in the capital, Moscow.

World | May 7, 2012, Monday // 10:33

Leading Greece Parties Suffer Crushing Elections Defeat

Greece's two governing parties, which supported tough austerity measures in the midst of a debt crisis, have been crashed and lost their parliamentary majority in Sunday's election.

World | May 7, 2012, Monday // 08:05

Tadic with Minor Lead ahead of Serbian Presidential Elections Runoff

Serbian President Boris Tadic and his challenger Tomislav Nikolic are heading for a run-off with initial results showing Tadic and his Democratic party slightly ahead in presidential and parliamentary elections.

World | May 7, 2012, Monday // 00:54
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