ARCHIVE - 8 May 2012

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Business

Bulgarian Economy May Recover Soon – Banker
Bulgaria Invites Israeli Companies to Invest in Infrastructure
Bulgarian Construction Sector Up March 2012 M/M, Y/Y
Major Retail Chains Are Extorting Bulgarian Producers – Sociologist
New Layoffs, Strike Loom at Bulgarian Railroad Co
Gazprom is Delaying Gas Price Discount for Bulgaria – Bulgargaz CEO
Electricity Prices in Bulgaria to Add 10% from July
Kozloduy NPP ex-CEO Has No Bad Blood, Explanation for Firing
Bulgaria Tries to Privatize Technoexportstroy at Cut Price
Industrial Production in Bulgaria Stalls in March
Bulgaria to Officially Launch Summer Tourist Season in May

Politics

Bulgarian Ambassador to Bosnia Presents His Credentials
Bulgaria 2nd in EU Dangerous Product Alerts 2011
EU Leaders Gather for Emergency Summit to Boost Growth
Commissioner Georgieva to Spend Europe Day in Bulgaria
EC to Scrap Austerity for Growth Following Hollande Victory
Greece Tries to Form Radical Left, Anti-Bailout Govt
Bulgarian Ex-EU Commissioner to Found New Party Wednesday - Report
GERB Still Bulgaria's Leading Party Despite Disappointment - Poll
Former Bulgarian President Withdraws Support from Rightist Coalition
Ex Bulgarian President Awarded International Drug Smuggler

Society

Bulgaria's Villages with Zero Inhabitants Grow to 183
Bulgarian Policeman Breaks Down, Crashes Car, Takes Hostage
Soviet Army Monument Painted in Bulgarian National Colors
Bulgaria's Villages Continue to Die Off
Code Yellow Declared for Half Bulgaria over Thunderstorms
Divers Stumble upon Bronze Statue in Bulgarian Black Sea

Crime

Bulgaria Busts Suspects over Seized Huge Cocaine Shipment
New-Old Suspect in Grisly Sofia Murder Remains in Custody
Notorious Bulgarian Mobster Pair Vanishes after Jail Sentence
Fake Bomb Threat Closes Sofia's Central Post Office
Bulgarian Police Seize Large Amount of Valuable Coins
Cable Theft Disrupts Bulgarian Security Agency Work

World

Tymoshenko to End Hunger Strike Wednesday
Serbia Set to Built World's Largest Solar Park
Russia Confirms Medvedev as PM
Ukraine Scraps Summit Boycotted over Tymoshenko
US Prevent Terror Attack on Passenger Plane

Novinite Insider

Don't Lose Faith in Europe! The May 6 Syndrome Is Dangerous!

Business

Bulgarian Economy May Recover Soon – Banker

Stilyan Vatev, CEO of United Bulgarian Bank (UBB), has suggested that the Bulgarian economy has sufficient potential to recover from the crisis soon, as long as its positive sides are put to use.

Business | May 8, 2012, Tuesday // 16:56

Bulgaria Invites Israeli Companies to Invest in Infrastructure

Bulgaria's Transport Minister Ivaylo Moskovski has invited companies from Israel to take part in tenders for the construction of transport infrastructure in the country.

Business | May 8, 2012, Tuesday // 16:16

Bulgarian Construction Sector Up March 2012 M/M, Y/Y

According to flash estimates, in March 2012, the index of production in the Construction sector, calculated on the base of seasonally adjusted data, was 1.

Business | May 8, 2012, Tuesday // 15:52

Major Retail Chains Are Extorting Bulgarian Producers – Sociologist

Major retail chains operating in Bulgaria are exerting pressure on local producers by making them pay around 40 different fees to have their items placed on the shelves, according to Kancho Stoychev of the Sofia branch of BBSS Gallup International.

Business | May 8, 2012, Tuesday // 14:32

New Layoffs, Strike Loom at Bulgarian Railroad Co

The management of Bulgaria's State Railways company, BDZ Holding, is planning new mass layoffs of workers at both passenger and freight services.

Business | May 8, 2012, Tuesday // 11:20

Gazprom is Delaying Gas Price Discount for Bulgaria – Bulgargaz CEO

State-owned gas company Bulgargaz expects the gas price reduction agreed with Gazprom to take effect after the holidays in Russia, according to Bulgargaz CEO Dimitar Gogov.

Business » Energy | May 8, 2012, Tuesday // 15:51

Electricity Prices in Bulgaria to Add 10% from July

Angel Semerdzhiev, Chair of the State Commission for Energy and Water Regulation (DKEVR), has confirmed that electricity prices will not increase by more than 10% from July 1.

Business » Energy | May 8, 2012, Tuesday // 13:14

Kozloduy NPP ex-CEO Has No Bad Blood, Explanation for Firing

Unexpectedly dismissed CEO of Bulgaria's Kozloduy NPP Alexander Nikolov has stated he has up to now received no significant criticism of his work as CEO, but has no grievances over the move.

Business » Energy | May 8, 2012, Tuesday // 09:23

Bulgaria Tries to Privatize Technoexportstroy at Cut Price

The Bulgarian state has listed state construction company Technoexportstroy in a second privatization bid with a cut price, after a first listing failed to convince buyers.

Business » Industry | May 8, 2012, Tuesday // 14:55

Industrial Production in Bulgaria Stalls in March

Bulgaria's industrial production has grown with a marginal 1% in March 2012 with respect to February, but dropped 3.

Business » Industry | May 8, 2012, Tuesday // 12:49

Bulgaria to Officially Launch Summer Tourist Season in May

The official start of the summer tourist season will be given by the end of May, according to the Deputy Economy Minister in charge of the Tourist Industry, Ivo Marinov.

Business » Tourism | May 8, 2012, Tuesday // 15:03

Politics

Bulgarian Ambassador to Bosnia Presents His Credentials

Bulgaria's Ambassador in Sarajevo Angel Angelov presented his credentials to the Chairman of the Presidency of Bosnia and Herzegovina, Bakir Izetbegovic, on Tuesday.

Politics » Diplomacy | May 8, 2012, Tuesday // 20:00

Bulgaria 2nd in EU Dangerous Product Alerts 2011

Bulgaria notified RAPEX, a European rapid alert system for dangerous products, a total of 162 times in 2011, thus accounting for 10% of all EU notifications.

Politics » Bulgaria in EU | May 8, 2012, Tuesday // 15:16

EU Leaders Gather for Emergency Summit to Boost Growth

EU leaders will assemble on an emergency European Council May 23 to discuss measures to stimulate economic growth in the Union.

Politics » Bulgaria in EU | May 8, 2012, Tuesday // 13:57

Commissioner Georgieva to Spend Europe Day in Bulgaria

Bulgarian EU commissioner Kristalina Georgieva is in her home country to take part Wednesday in festivities marking May 9, Europe Day.

Politics » Bulgaria in EU | May 8, 2012, Tuesday // 12:51

EC to Scrap Austerity for Growth Following Hollande Victory

A significant change of the European Commission's rhetoric away from an emphasis on austerity as a measure to rein in financial instability is expected after Sunday's win of socialist Francois Hollande at presidential elections in France.

Politics » Bulgaria in EU | May 8, 2012, Tuesday // 11:23

Greece Tries to Form Radical Left, Anti-Bailout Govt

The mandate to form a new Greek government has passed at the hands of radical leftist party Syriza, after moderate and pro-austerity rightists New Democracy failed to reach a coalition agreement.

Politics » Bulgaria in EU | May 8, 2012, Tuesday // 10:31

Bulgarian Ex-EU Commissioner to Found New Party Wednesday - Report

Former European Commissioner and former Bulgarian Presidential runner Meglena Kuneva is set to announce the transformation of her civic movement to a political party on Wednesday.

Politics » Domestic | May 8, 2012, Tuesday // 19:27

GERB Still Bulgaria's Leading Party Despite Disappointment - Poll

A total of 26.1% of all Bulgarians would vote for ruling centrist-right GERB party if general elections were to take place now, according to a poll conducted by the Mediana agency.

Politics » Domestic | May 8, 2012, Tuesday // 14:11

Former Bulgarian President Withdraws Support from Rightist Coalition

Former Bulgarian President Petar Stoyanov, one of the emblematic figures of the Union of Democratic Forces (UDF) and the country's transition to democracy, has said he will not vote for a coalition uniting the UDF and the Democrats for Strong Bulgaria (DS

Politics » Domestic | May 8, 2012, Tuesday // 12:16

Ex Bulgarian President Awarded International Drug Smuggler

Former Bulgarian President, Georgi Parvanov, has bestowed a State order to an international illegal drugs dealer.

Politics » Domestic | May 8, 2012, Tuesday // 10:37

Society

Bulgaria's Villages with Zero Inhabitants Grow to 183

A little more than a year after the census carried out in February 2011, demographic data indicates that the number of villages with zero inhabitants has increased by two.

Society | May 8, 2012, Tuesday // 17:50

Bulgarian Policeman Breaks Down, Crashes Car, Takes Hostage

A Bulgarian police officer crashed his private car and took a hostage in a random turn of events apparently caused by a mental breakdown.

Society | May 8, 2012, Tuesday // 13:11

Soviet Army Monument Painted in Bulgarian National Colors

The monument of the Soviet Army in downtown Bulgarian capital Sofia "woke up" Tuesday morning painted once again, this time in the colors of the country's national flag – white, green and red.

Society | May 8, 2012, Tuesday // 12:13

Bulgaria's Villages Continue to Die Off

The number of Bulgarian villages with no inhabitants has grown by 2 during the last 10 months of 2011, strengthening the picture of a pervasive depopulation of Bulgaria's rural areas.

Society | May 8, 2012, Tuesday // 09:59

Code Yellow Declared for Half Bulgaria over Thunderstorms

A shifting weather bringing strong thunderstorms will set in Tuesday in large parts of Bulgaria, with the national weather service calling code yellow for potentially dangerous weather.

Society » Environment | May 8, 2012, Tuesday // 08:19

Divers Stumble upon Bronze Statue in Bulgarian Black Sea

Two divers, father and son, from Bulgaria's Black Sea city of Burgas, found in the waters near the historical town of Sozopol an utterly intriguing statue.

Society » Archaeology | May 8, 2012, Tuesday // 11:50

Crime

Bulgaria Busts Suspects over Seized Huge Cocaine Shipment

Suspects allegedly responsible for the shipment of 67 kilograms of cocaine recently seized in Bulgaria have been arrested, the country's Interior Minister Tsvetan Tsvetanov has announced.

Crime | May 8, 2012, Tuesday // 20:32

New-Old Suspect in Grisly Sofia Murder Remains in Custody

Nikolay Rusinov, who was charged with the murder of a young woman in Sofia last summer, is to remain under permanent detention, the Sofia Appellate Court ruled Tuesday.

Crime | May 8, 2012, Tuesday // 16:40

Notorious Bulgarian Mobster Pair Vanishes after Jail Sentence

The notorious alleged mobster pair Angel Hristov and Plamen Galev, better known as the Galevi brothers have vanished just days after being sentenced by Bulgaria's Supreme Court to serve time in jail.

Crime | May 8, 2012, Tuesday // 15:24

Fake Bomb Threat Closes Sofia's Central Post Office

The Central Post Office in the very heart of Bulgaria's capital Sofia was closed Tuesday after a phone call has been received warning that there is a bomb inside the building.

Crime | May 8, 2012, Tuesday // 14:23

Bulgarian Police Seize Large Amount of Valuable Coins

A large number of antique coins have been seized by Bulgarian police from illegal treasure hunters.

Crime | May 8, 2012, Tuesday // 13:55

Cable Theft Disrupts Bulgarian Security Agency Work

A stolen cable has disrupted communications at the Bulgarian State Agency for National Security, DANS.

Crime | May 8, 2012, Tuesday // 13:23

World

Tymoshenko to End Hunger Strike Wednesday

Ukraine's former Prime Minister Yulia Tymoshenko will end her 19-day hunger strike after agreeing to be hospitalised under the supervision of a German doctor, her daughter Yevgenia has stated.

World | May 8, 2012, Tuesday // 18:49

Serbia Set to Built World's Largest Solar Park

The Securum Equity Partners Europe company will invest EUR 2 B in Serbia's project to build the world's largest individual solar park.

World | May 8, 2012, Tuesday // 18:20

Russia Confirms Medvedev as PM

Russia's State Duma has confirmed the appointment of former President Dimitar Medvedev as the country's new Prime Minister, thus completing his job swap with new President Vladimir Putin.

World | May 8, 2012, Tuesday // 17:40

Ukraine Scraps Summit Boycotted over Tymoshenko

The 18th Central European Summit that was to take place on May 11-12 in Ukraine's Yalta has been postponed over the boycott declared by several European politicians, it has been announced.

World | May 8, 2012, Tuesday // 14:44

US Prevent Terror Attack on Passenger Plane

US Secretary of Defense Leon Panetta has confirmed information that in the last few days, US services have prevented an attack organized by Al Qaeda to bomb a passenger plane.

World | May 8, 2012, Tuesday // 08:34

Novinite Insider

Don't Lose Faith in Europe! The May 6 Syndrome Is Dangerous!

The elections in France, Greece, and Serbia (and some other places in Europe) on May 6, 2012, seem as an indication of the waning of the United Europe idea, and even a more convincing one than the steadily declining turnout at the European Parliament elec

Novinite Insider » Editorial | May 8, 2012, Tuesday // 01:02
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