The mergers and acquisitions (M&A) market in Bulgaria is expected to shrink to a total of 30-60 deals in 2012, with the total volume of amounting to up to USD 700 M, according to Diana Nikolova from the Ernst & Young (EY) consultancy.

Business | May 9, 2012, Wednesday // 13:44

ADM Capital, EBRD Acquire Stake in Bulgaria's Prista Oil

ADM Capital, a Hong-Kong-based private equity fund, and the European Bank for Reconstruction and Development have acquired a 30% stake in Bulgarian lubricants and battery maker Prista Oil Group.

Business | May 9, 2012, Wednesday // 10:25

Politics

Bulgaria to Sell Diplomatic Property in Copenhagen

Bulgaria's government has approved the sale of diplomatic property in Copenhagen.

Politics » Diplomacy | May 9, 2012, Wednesday // 18:06

Ukraine 'Committed' to EU, Brussels Snubs Joint Summit over Tymoshenko

Ukraine has declared its commitment to the "European values" on May 9, Day of Europe, just at about the same time when Brussels snubbed Ukrainian PM Mykola Azarov over the imprisonment of ex PM Yulia Tymoshenko.

Politics » Bulgaria in EU | May 9, 2012, Wednesday // 18:56

EPP Lauds Robert Schuman's Heritage on Europe Day

The European People's Party Group, the largest and most influential political group in the European Parliament, has celebrated the 62nd anniversary of the Robert Schuman Declaration which formed the basis for the creation of the European Union.

Politics » Bulgaria in EU | May 9, 2012, Wednesday // 16:09

EU 'Delays' Can Spur Worst-Case Scenario in Balkans, Kosovo PM Warns

The "delays" in the EU integration of the Western Balkans might unlock the worst-case scenario for the region, the redrawing of borders, Kosovo Prime Minister Hashim Thaci has warned in an op-ed exclusively provided to Novinite.

Politics » Bulgaria in EU | May 9, 2012, Wednesday // 14:11

Bulgaria Should Prioritize Investing in Job Creation - Commissioner Georgieva

Bulgaria is among the EU countries that can afford to spend a little bit more in the conditions of the crisis, according to EU Commissioner Kristalina Georgieva

Politics » Bulgaria in EU | May 9, 2012, Wednesday // 12:29

Bulgaria’s Commissioner in Sofia: Is EU Project Exhausted?

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 9, 2012, Wednesday // 08:12

Bulgaria Salutes Europe Day, Marks 5 Years in EU

Just as the rest of Europe, Bulgaria will mark on Wednesday, May 9th, the Day of Europe, and 67 years since the end of World War II.

Politics » Bulgaria in EU | May 9, 2012, Wednesday // 07:56

Bulgaria to Sign Consultancy Contracts Worth EUR 7 M with World Bank

Bulgaria will pay slightly above EUR 7 M to the World Bank (WB) for consultancy services on the preparation of several strategic documents in three sectors.

Politics » Domestic | May 9, 2012, Wednesday // 17:35

Bulgaria's Prosecution to Tackle Nationalist Leader's 'Anti-Semitic' Books

The Bulgarian Commission for Protection against Discrimination (KZD) has sent a tip-off to the prosecuting authority about two books of Volen Siderov, MP and leader of nationalist party Ataka.

Politics » Domestic | May 9, 2012, Wednesday // 16:31

Bulgaria Ex-EU Commissioner Goes for New Party on Europe Day

Former European Commissioner and former Bulgarian Presidential runner Meglena Kuneva announced officially the transformation of her civic movement to a political party on Europe day, May 9.

Politics » Domestic | May 9, 2012, Wednesday // 13:54

Society

Hundreds Protest Construction Plans in Bulgaria's Varna Sea Garden

Hundreds of residents of the Bulgarian Black Sea city of Varna have rallied to protest against construction plans of a powerful murky business group for the city's Sea Garden.

Society | May 9, 2012, Wednesday // 20:51

Days of Bulgarian Cinema in Rome to Feature Hit TV Series, Movies

Hit Bulgarian crime TV series "Pod Prikritie" (i.e. "Undercover") will be featured in the 2012 edition of the Days of Bulgarian Cinema in Rome, an annual film forum, the Bulgarian National Television announced.

Society » Culture | May 9, 2012, Wednesday // 16:23

Sports

Bulgaria's Professional Boxer, Reservist Pulev Gets Defense Ministry Award

Bulgaria's professional boxer Kubrat Pulev, aka "The Cobra", who is a reserve sergeant from the Bulgarian Army, has been awarded by Bulgarian Defense Minister Anyu Angelov for landing the EBU European heavyweight title.

Sports | May 9, 2012, Wednesday // 16:47

Bulgaria Faces Powerful Serbia after Downing Slovenia

Bulgaria's volleyball team will clash against European champions Serbia on Wednesday, a day after making a successful start of its campaign at the 2012 Olympic Games - European Qualification for men in Sofia with a victory over Slovenia.

Sports | May 9, 2012, Wednesday // 09:29

Crime

Bulgarian Mobsters Use Twitter to Ridicule Police, Refuse to Surrender

Missing Bulgarian mobsters Plamen Galev and Angel Hristov, aka The Galevi Brothers, have made fun of Interior Minister Tsvetan Tsvetanov in a Tweeter post, while also refusing to surrender.

Crime | May 9, 2012, Wednesday // 19:36

Bulgarian Interior Chief Begs Mobsters to Be 'Reasonable', Surrender

Bulgarian Interior Minister Tsvetan Tsvetanov has been reduced to pleading Plamen Galev and Angel Hristov, aka The Galevi Brothers, two of the nation's most notorious mobsters to surrender.

Crime | May 9, 2012, Wednesday // 15:52

Convicted Bulgarian Mobsters Fled to Africa - Report

Mobsters Angel Hristov and Plamen Galev, better known as the Galevi brothers, are hiding in Africa, according to reports that emerged just days after the notorious pair was sentenced by Bulgaria's Supreme Court to serve time in jail.

Crime | May 9, 2012, Wednesday // 09:05

Lifestyle

Selena Gomez Tweets from Sofia Pic of Her Film Trailer

US teen pop star and actor Selena Gomez, who is in Bulgaria to shoot "The Getaway", has published the trailer for the movie on Twitter.

Lifestyle | May 9, 2012, Wednesday // 12:32

Views on BG

NATO Summit To Include 1st US Visit For New Bulgarian President

Much of the NATO summit attention so far has surrounded protesters, security, and controversy.

Views on BG | May 9, 2012, Wednesday // 10:54

World

Missing Russian Plane Might Be Hijacked, Indonesia Says

Indonesian authorities have suggested that the Russian airplane that has gone missing near Jakarta may have been hijacked.

World | May 9, 2012, Wednesday // 17:29

Rain, Darkness Render Search for Missing Russian Plane Futile

Darkness, fog and rain are complicating the search of Russia's Sukhoi Superjet-100, which went missing on Wednesday on a demonstration flight near Jakarta, a spokesman of aeronautical airspace control in Indonesia said.

World | May 9, 2012, Wednesday // 17:24

Russian Plane with 44 Passengers Goes Missing near Jakarta

A Russian Sukhoi SuperJet 100 with 44 people on board disappeared from radar during a demonstration flight near Jakarta on Wednesday.

World | May 9, 2012, Wednesday // 14:58

Roubini: Europe Turmoil 'Slow Motion Train Wreck'

Nouriel Roubini, the economist who predicted the credit crisis, has shored up his reputation as a prophet of gloom, saying the political turmoil in Europe resembles a "slow motion train wreck."

World | May 9, 2012, Wednesday // 13:13

Tymoshenko 'Moved to Ukraine Hospital'

Jailed Ukraine opposition leader Yulia Tymoshenko has arrived at a hospital in Kharkiv to be treated for back pain by a German doctor, reports say.

World | May 9, 2012, Wednesday // 12:03

Portugal Axes Public Holidays in Austerity Drive

Portugal has taken austerity measures to a new level with the decision to scrap four of its 14 public holidays.

World | May 9, 2012, Wednesday // 08:30

Novinite Insider

US Director Andrew Volkoff: Bulgarians' Love and Respect for Theater Artists Is Overwhelming

An exclusive interview of Novinite.com (Sofia News Agency) and Novinite.bg from New York City with drama director Andrew Volkoff.

Novinite Insider » Interview | May 9, 2012, Wednesday // 17:09

Hashim Thaci: European Union's Delays as Impediment for the Western Balkans

Novinite.com (Sofia News Agency) and Novinite.bg are publishing an exclusive opinion article by Kosovo Prime Minister Hashin Thaci on the occasion of May 5, Day of Europe.

Novinite Insider » Diplomatic Channel | May 9, 2012, Wednesday // 09:55