ARCHIVE - 9 July 2012

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Business

Fuel Prices in Bulgaria Rise Twice in 3 Days
German Retailer Lidl Expands on Bulgaria Low-End Market
Bulgaria's Exports to EU Drop by 1.4% Jan-Apr 2012
Credit Agricole Already Owns Directly Emporiki Bank Bulgaria
Bulgaria Says Eurobond Float to Keep Investors Coming Back
Bulgaria, Lithuania Neck and Neck in Bond Success - FinMin
Bulgaria Buisness Snubs Shock Electricity Price Spike
1st Solar-Powered Electric Vehicle Charging Point Launched in Sofia

Politics

Bulgaria Pledges to Help Libya Prosper
Bulgaria to Tap EU Funding to Buy Firefighting Equipment
5 EU Countries to Conduct Extra Judicial Monitoring of Bulgaria
Warlick, Passy Families, Maxim Behar Teach Serbian Students about EU

Society

Bulgarian Clairvoyants Cash in on Economic Crisis
Offshore Investor Conclusively Defeated over Bulgaria's Irakli Beach
Magnitude 2.7 Earthquake Strikes Bulgaria's Pernik Region
No Arson Suspects in Bulgaria's Vitosha Fire - Top Cop
Large Wildfire Erupts in Southeastern Bulgaria
Bulgaria Issues Code Orange Alert over Scorching Heat
Karlovy Vary's Award Goes to 'Sofia's Last Ambulance'
Bulgarian Singer Boyan Ivanov Passes Away

Sports

Didier Deschamps Named New France Boss
Bulgaria Men's Volleyball Team Settles for 4th Place in World League
Bulgaria to Grab 4 Olympic Medals, Scientist Suggests

Crime

Brazil-Jailed Bulgarian Champ Appeals Heavy Sentence

Views on BG

CEE Region Bond Issuers Not Tainted by Ailing Western Europe

Quotes

Today's Quote

World

Toulouse Killer: I Love Death as You Love Life
Outrage as Toulouse Killer's Last Words Aired on TV
World's Newest Nation Turns 1 amid Tensions
Russia Mourns Krasnodar Flood Victims
Greece's New Govt Clinches Confidence Vote

Business

Fuel Prices in Bulgaria Rise Twice in 3 Days

Bulgaria's sole oil refinery Lukoil Neftochim Burgas increased fuel prices twice within three days at the end of last week against the backdrop of falling global crude oil prices.

Business | July 9, 2012, Monday // 18:08

German Retailer Lidl Expands on Bulgaria Low-End Market

German discount retailer Lidl said it has expanded its chain in Bulgaria, a move that will heat up further the competition in the sector.

Business | July 9, 2012, Monday // 15:02

Bulgaria's Exports to EU Drop by 1.4% Jan-Apr 2012

Bulgaria's exports to other EU member states decreased by 1.4% in the first four months of 2012, amounting to over BGN 7.4 B (approximately EUR 3.75 B).

Business | July 9, 2012, Monday // 12:29

Credit Agricole Already Owns Directly Emporiki Bank Bulgaria

French bank Credit Agricole has officially taken control of the Bulgarian assets of its Greek subsidiary Emporiki Bank.

Business » Finance | July 9, 2012, Monday // 17:10

Bulgaria Says Eurobond Float to Keep Investors Coming Back

Ten years after Bulgaria last appeared on the international capital market, the country made a successful comeback, but the biggest test is yet to come, according to analysts.

Business » Finance | July 9, 2012, Monday // 13:40

Bulgaria, Lithuania Neck and Neck in Bond Success - FinMin

Bulgaria's success in floating EUR 950 M worth of five-year bonds last week at a yield of only 4.25% comes close to the price higher-rated Lithuania achieved earlier this year, the finance minister has boasted.

Business » Finance | July 9, 2012, Monday // 11:10

Bulgaria Buisness Snubs Shock Electricity Price Spike

The latest 16% spike in electricity prices for large-scale heavy industry consumers in Bulgaria will be critical for companies which have already reduced their costs to a bare minimum after the long-lasting recession, according to executives in the sphere

Business » Energy | July 9, 2012, Monday // 16:58

1st Solar-Powered Electric Vehicle Charging Point Launched in Sofia

Bulgaria's first solar-powered electric vehicle charging station was unveiled Monday in front of Inter Expo Center on the Tsarigradsko Shose Blvd in Sofia.

Business » Energy | July 9, 2012, Monday // 15:39

Politics

Bulgaria Pledges to Help Libya Prosper

Bulgaria will continue helping the Libyan nation establish a peaceful, stable and prospering country, Bulgaria's Foreign Ministry has declared in a statement.

Politics » Diplomacy | July 9, 2012, Monday // 14:04

Bulgaria to Tap EU Funding to Buy Firefighting Equipment

Bulgaria's government plans to apply for EU funding to purchase new new firefighting equipment, according to EU Commissioner Kristalina Georgieva.

Politics » Bulgaria in EU | July 9, 2012, Monday // 20:40

5 EU Countries to Conduct Extra Judicial Monitoring of Bulgaria

Bulgaria will be subject to an additional monitoring procedure in the sphere of the judiciary by five EU Member States (Germany, France, the Netherlands, Spain and Italy), according to Justice Minister Diana Kovacheva.

Politics » Bulgaria in EU | July 9, 2012, Monday // 18:59

Warlick, Passy Families, Maxim Behar Teach Serbian Students about EU

The Warlick and Passy families and Bulgarian PR expert Maxim Behar have met with a large group of Bulgarian and Serbian students to teach them about the EU.

Politics » Bulgaria in EU | July 9, 2012, Monday // 00:42

Society

Bulgarian Clairvoyants Cash in on Economic Crisis

Soothsayers are enjoying good fortune in Bulgaria as the economic downturn and an increasingly hectic pace of life sends citizens searching for answers and willing to fork out huge sums of money.

Society | July 9, 2012, Monday // 13:02

Offshore Investor Conclusively Defeated over Bulgaria's Irakli Beach

Bulgaria's Supreme Administrative Court (VAS) has conclusively declared illegal the initial stages of construction of a resort complex in the Irakli-Emine protected area on the Black Sea coast.

Society » Environment | July 9, 2012, Monday // 19:53

Magnitude 2.7 Earthquake Strikes Bulgaria's Pernik Region

An earthquake of a 2.7 magnitude on the Richter scale was registered Monday afternoon near the western Bulgarian city of Pernik, according to data of the European Mediterranean Seismological Centre.

Society » Environment | July 9, 2012, Monday // 17:31

No Arson Suspects in Bulgaria's Vitosha Fire - Top Cop

It is still unclear what caused the wildfire that raged for almost an entire week in Bulgaria's Vitosha Mountain near Sofia, Interior Minister Tsvetan Tsvetanov has stated.

Society » Environment | July 9, 2012, Monday // 11:42

Large Wildfire Erupts in Southeastern Bulgaria

A large wildfire has erupted in the region of Bulgaria's Elhovo, near the country's border with Turkey.

Society » Environment | July 9, 2012, Monday // 09:18

Bulgaria Issues Code Orange Alert over Scorching Heat

A Code Orange alert was declared for all Bulgarian regions on Monday, as the country is expected to be roasted by a scorching heat for a sixth day in a row.

Society » Environment | July 9, 2012, Monday // 08:10

Karlovy Vary's Award Goes to 'Sofia's Last Ambulance'

"Sofia's Last Ambulance", a documentary by Ilian Metev about Bulgaria's capital Sofia and staff at its ambulances struggling to keep up with their workload, has landed another precious award – at Karlovy Vary.

Society » Culture | July 9, 2012, Monday // 09:25

Bulgarian Singer Boyan Ivanov Passes Away

Bulgarian pop singer Boyan Ivanov passed away at the age of 68 in the city of Burgas late on Sunday.

Society » Obituaries | July 9, 2012, Monday // 10:58

Sports

Didier Deschamps Named New France Boss

France have appointed former World Cup-winning captain Didier Deschamps as their new manager.

Sports | July 9, 2012, Monday // 11:36

Bulgaria Men's Volleyball Team Settles for 4th Place in World League

Bulgaria's male national volleyball team finished fourth in the 2012 World League, as it lost dramatically to Cuba on Sunday in Sofia.

Sports | July 9, 2012, Monday // 09:48

Bulgaria to Grab 4 Olympic Medals, Scientist Suggests

Bulgaria will win one gold and three bronze medals at the upcoming Olympic Games in London, according to a formula developed by a British scientist.

Sports » London 2012 | July 9, 2012, Monday // 14:45

Crime

Brazil-Jailed Bulgarian Champ Appeals Heavy Sentence

Bulgaria's former Olympic weightlifting champion Galabin Boevski, who was convicted in Brazil of international drug trafficking, has appealed the sentence of nine years and four months.

Crime | July 9, 2012, Monday // 12:10

Views on BG

CEE Region Bond Issuers Not Tainted by Ailing Western Europe

Central and Eastern European international bond issuers are finding favor with investors hunting for yield from the region, one that was once tainted by the emerging-market label but has remained largely unscathed from the euro-zone debt crisis.

Views on BG | July 9, 2012, Monday // 12:30

Quotes

Today's Quote

"I think this [billboards across Sofia, calling for the stop of violence against children in Syria and Lebanon] is a good sign for Bulgaria.

Quotes | July 9, 2012, Monday // 13:54

World

Toulouse Killer: I Love Death as You Love Life

The Toulouse Islamist killer Mohamed Merah, whose conversation with the police was scandalously aired by a French TV channel, has said he loves death.

World | July 9, 2012, Monday // 17:29

Outrage as Toulouse Killer's Last Words Aired on TV

A French TV channel has broadcast recordings of conversations between the Islamist killer Mohamed Merah and police, triggering a huge scandal.

World | July 9, 2012, Monday // 16:06

World's Newest Nation Turns 1 amid Tensions

South Sudan, the world's newest nation, marks one year since it became independent on Monday.

World | July 9, 2012, Monday // 13:15

Russia Mourns Krasnodar Flood Victims

Russia observes a day of mourning on Monday for the victims of the tragic floods that hit the Southern region of Krasnodar.

World | July 9, 2012, Monday // 10:21

Greece's New Govt Clinches Confidence Vote

Greece's new three-party coalition government won a confidence vote early on Monday.

World | July 9, 2012, Monday // 08:38
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