Well-known Bulgarian businessman Grisha Ganchev, who faces charges of running an organized crime group specialized in tax fraud and issuing a murder threat against the Director of the National Revenue Agency (NRA), plans to sell his entire business in a y

Business | May 31, 2012, Thursday // 18:53

Bulgaria, Romania Join Forces to Make Danube Truly Navigable

Authorities and experts from Bulgaria and Romania have agreed to work together in order to improve dramatically the navigability of the Danube River in their joint section.

Business | May 31, 2012, Thursday // 17:03

Bulgarian MPs Unanimously Call for Urgent Infrastructure Fix

Bulgaria's Members of the Parliament unanimously passed Thursday a declaration from all political groups asking the cabinet to launch immediate repairs of bridges and road infrastructure.

Business | May 31, 2012, Thursday // 12:54

Austrian Post Steps in Bulgaria with M&BM Express Deal

Austrian Post has continued its expansion in Eastern Europe by sealing deals in Poland and Bulgaria.

Business | May 31, 2012, Thursday // 09:39

5 Hydropower Plants to Be Built on Maritsa River in Bulgaria

Five hydropower plants (HPP) are to be built in four years' time in the lower parts of the riverbed of the Maritsa river between the southern Bulgarian towns of Parvomai and Lyubimets, Haskovo district.

Business » Energy | May 31, 2012, Thursday // 17:13

Lukoil Starts Building USD 1.5 B Hydrocracking Plant in Bulgaria

The Lukoil Neftochim Refinery in Bulgaria's Burgas, a subsidiary of the Russian energy giant, and the Bulgarian government broke the ground of a USD 1.5 B hydrocracking catalyst installation that will process petroleum waste.

Business » Industry | May 31, 2012, Thursday // 16:03

Bulgarian Food Maker Fined for Presenting Product as Italian

Italfood Industry, a producer based in the city of Shumen in Northeastern Bulgaria, has been fined BGN 213 300 for presenting a Bulgarian-made product as Italian.

Business » Industry | May 31, 2012, Thursday // 15:31

Politics

Syrians Thank Bulgaria for Kicking Out Assad's Ambassador

The Syrian community in Sofia has thanked the Bulgarian government for expelling Syrian Ambassador after the recent massacre in Houla, for which the international community blamed the regime of President Bashar al-Assad.

Politics » Diplomacy | May 31, 2012, Thursday // 14:18

US Ambassador Denies Early Recall from Bulgaria

American Ambassador in Sofia, James Warlick, refuted information that he has been recalled early due to some particular mistake he has committed, insisting he was leaving Bulgaria under a "standard" procedure.

Politics » Diplomacy | May 31, 2012, Thursday // 11:31

EC Dismayed at Bulgarian Justice Min's Blunder on Judicial Reform

Bulgaria's Justice Minister Diana Kovacheva has apparently startled the European Commission by suggesting that Brussels does not insist on an all-out reform of the Bulgarian judiciary, and the Supreme Judicial Council (VSS) in particular.

Politics » Bulgaria in EU | May 31, 2012, Thursday // 16:19

Lukoil Presidents Praises Bulgaria's Steps to Decrease Fuel Excise Duty in EU

Fuel excise duty in the EU should be proportional to the gross domestic product or the purchasing power parity per capita of the population, according to Bulgaria's Deputy Prime Minister and Finance Minister Simeon Djankov.

Politics » Bulgaria in EU | May 31, 2012, Thursday // 15:46

Chiefs of Bulgarian Employers' Associations Exposed as Communist-era Agents

Bulgarian employers' associations have been revealed to include a large number of collaborators of the communist-era State Security (DS), the secret police and intelligence of the regime in communist Bulgaria before 1989.

Politics » Domestic | May 31, 2012, Thursday // 15:07

Society

Bulgarian-British Hero Immediately Risked Life to Save Kid - Witnesses

32-year-old Bulgarian man Plamen Petkov, who drowned saving the life of a four-year-old British kid, showed no hesitation to risk his life for the child, according to witnesses.

Society | May 31, 2012, Thursday // 12:18

Chief Architect: Sofia Built to Endure 7-9 Earthquake

Bulgaria's capital Sofia can safely endure an earthquake with a 7-9 magnitude, its chief architect said on Thursday in a bid to assuage fears as aftershocks continue to rattle homes and nerves.

Society | May 31, 2012, Thursday // 11:32

Bulgarian Scientist: Pernik Quake Is Phenomenal Globally

The mechanism of the 5.8 magnitude on the Richter scale earthquake that shook western Bulgaria on May 22 is phenomenal on a global scale.

Society » Environment | May 31, 2012, Thursday // 10:41

New Light Tremor Detected in Bulgaria

A new light tremor has been registered in Bulgaria on Thursday, adding to the hundreds of jolts after last week's massive 5.9-degree earthquake.

Society » Environment | May 31, 2012, Thursday // 10:29

Bulgarian Culture Minister Seeks Urgent Repair of Quake-hit Sofia Mosque

Bulgaria's Culture Minister, Vezhdi Rashidov, is on an urgent quest to find funds to repair the Sofia mosque, which was damaged by the May 22 earthquake with a magnitude of 5.8 on the Richter scale.

Society » Culture | May 31, 2012, Thursday // 13:42

Bulgaria Marks No Tobacco Day as Full Smoking Ban Looms

A day before Bulgaria bans smoking in all enclosed public spaces, the country and the world will observe on May 31 the No Tobacco Day to draw global awareness to the widespread prevalence of smoking and its negative health effects.

Society » Health | May 31, 2012, Thursday // 08:18

Sports

Bulgaria’s Pironkova Puts Up Tough Fight vs. Schiavone at French Open

Bulgaria’s Pironkova won a set against Franceska Schiavone in Thursday’s match at Roland Garros but failed to make a breakthrough by going to the third round of the Grand Slam tennis tournament.

Sports | May 31, 2012, Thursday // 17:35

Crime

Alleged Bulgarian Lobbyist Acquitted of Perjury

The Sofia City Court (SCC) revoked Thursday the two-year suspended sentence of notorious businessman and alleged court lobbyist Krasimir Georgiev, aka Krasio the Black, for perjury.

Crime | May 31, 2012, Thursday // 19:36

Tageszeitung: CIA Exposed Bulgarian PM's Criminal Activities

The secret cables of the US Embassy in Sofia, exposing Bulgarian Prime Minister, Boyko Borisov, as participant in criminal activities, list a source SIMO, which is now being disclosed as a codename for the CIA.

Crime | May 31, 2012, Thursday // 17:50

Sofia Tax Authorities Uncover Tax Evasion Worth BGN 440 M

The tax agents of the Bulgarian National Revenue Agency in Sofia have uncovered tax evasion and fraud to the combined total of BGN 441.

Crime | May 31, 2012, Thursday // 13:54

Bulgaria's Top Prosecutor: No Grounds to Probe Doomsday Scenarios

The Bulgarian Prosecutor's Office has not been notified about cases of clairvoyants and psychics stirring panic among the public with apocalyptic earthquake forecasts.

Crime | May 31, 2012, Thursday // 12:19

Bulgarian to Spend 3 Years in US Jail for ATM Fraud

A Bulgarian national will spend at least three years in prison for affixing skimming devices and cameras to chase ATMs in New York, the New York Post reported.

Crime | May 31, 2012, Thursday // 09:55

Views on BG

Scotland Kid Admits Poverty in Bulgaria Puts His Scottish Cup Final Heartache into Perspective

From The Daily Record

Views on BG | May 31, 2012, Thursday // 12:46

Courageous Bulgarian Journalist Subjected to Threats

Bulgarian newspaper journalist Lidia Pavlova, who reports on organised crime, is being subjected to continual intimidation.

Views on BG | May 31, 2012, Thursday // 07:21

World

Gunman Kills 5, Shoots Himself in Seattle Shooting Spree

A gunman killed five people in Seattle on Wednesday - four at a cafe and another in a carjacking - before he shot himself as officers closed in following a citywide manhunt, authorities said.

World | May 31, 2012, Thursday // 14:41

Mario Draghi: Euro Zone Setup Unsustainable

European Central Bank (ECB) president Mario Draghi has called on euro zone members to clarify their vision for the future of the single currency bloc, saying the current setup is "unsustainable".

World | May 31, 2012, Thursday // 12:53

Ireland Votes in Referendum on Fiscal Treaty

Irish voters will vote Thursday on whether to ratify the European Fiscal Treaty, which sets strict rules on the budget deficits countries are allowed to run up.

World | May 31, 2012, Thursday // 07:54

Novinite Insider

Bulgarian Students Work Too Little, Too Late (and Will Most Likely Continue to Do So)

Bulgarian President Rosen Plevneliev cautioned Tuesday that Bulgarian youths were the last to enter the labor market (age 22), compared to their European peers (age 20).

Novinite Insider » Editorial | May 31, 2012, Thursday // 14:25