Bulgarian Bank System Bad Loans Up BGN 2 B y/y
Bulgarian bad and restructured loans rose to the record high 24.43% of total lending at the end of April, amounting to BGN 9.74 B, shows central bank data.
Bulgarian bad and restructured loans rose to the record high 24.43% of total lending at the end of April, amounting to BGN 9.74 B, shows central bank data.
Russian energy giant Gazprom may give up on the construction of the offshore section of the South Stream gas pipeline to Austria.
The Nabucco gas pipeline, which aims to reduce Europe's reliance on Russian gas, has been shelved as an economically unviable project according to a high-ranking employee of oil major BP.
Natural gas prices in purchasing power standards (PPS) in Bulgaria are record-high, compared to the other EU countries, according to Eurostat data for the period between the second half of 2010 and the second half of 2011.
Speaking after a meeting with Italian Prime Minister Mario Monti, Bulgarian President Rosen Plevneliev has stressed the importance of maintaining good bilateral relations in a period of crisis.
US President Barack Obama has nominated Marcie Ries for ambassador to Bulgaria, where she will replace James Warlick.
Bulgarian President Rosen Plevneliev, who is on an official visit to the Vatican City, is scheduled to confer on Friday with Italian Prime Minister Mario Monti.
Large buildings in Bulgaria are to have technical passports by 2014 and all other buildings by 2016, according to Regional Development Minister Lilyana Pavlova.
Four light tremors have been registered in Bulgaria in the first twelve hours on Friday since a massive 5.9-degree earthquake hit the western parts of the country in the wee hours on Tuesday.
Code yellow for potentially dangerous weather has been declared Friday for the whole of Northern Bulgaria due to expected torrential rains.
Bulgaria's former regional development minister Valentin Tserovski, who served in the government of Simeon Saxe-Coburg, has passed away after losing his long battle with cancer, his family announced.
Bulgarian star striker Dimitar Berbatov has been said to be pending a switch to Paris Saint Germain.
A 19-year-old Bulgarian has died after being hit by a car on a recognized bicycle lane in Florida, local media reported.
Bulgarian club owner and impresario Alexander, Sasho, Dimitrov, who has been living in the United States for more than twenty years, organized over the weekend a three-day, three-night marathon of gypsy music at a tavern in Queens.
The stories – some months or years in the making -- started trickling in last year. Young successful families were showing up desperate.
Any discussion of gypsy music requires plenty of hyphens. By all accounts, the Romani people are a race of musical alchemists, continually traversing the globe and mixing different sounds together.
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