ARCHIVE - 11 July 2012

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Business

Bulgarian Ruling Party to Keep Building on Abused Black Sea Coast
800 Bids Compete for EUR 21 M under JEREMIE in Bulgaria
Bulgaria Seeks to Delay Again Analogue Switch-Off
Bulgarian FinMin Reacts to Euro as Fox to Grapes
Bulgaria Analysts on Euro: No Need to Rush, Benefits Only Long-Term
Fitch Affirms 3 Bulgarian Mid-Sized Banks
Bulgaria's Fiscal Reserve Recovers after Bond Sale
Sofia Airport Processed 1.7 M Passengers in Q1, 2012
Bulgaria Winter Resorts Desperate for Year-Round Appeal

Politics

Bulgarian Cabinet Names 4 New Ambassadors
US Ambassador Lauds Bulgaria's Fiscal Stability
Bulgarian PM Woos European Council, Commission Presidents
PES President Stanishev to Defend Romanian PM Ponta
EC Mulls Separating Monitoring of Bulgaria, Romania - Report
Bulgarian Men Most Unemployed in EU - Eurostat
MP, Mayor Contest Leadership of Bulgarian Rightists
Ethnic Turkish Party Tops Bulgaria Parliament's Truancy List
Nationalists Ask Voting Ban on Bulgarians with Dual Citizenship
Poll: Bulgaria's GERB Loses Ground 1 Year before Election
Bulgaria's Supreme Judicial Council Stages Last-Minute Reshuffles
Bulgarian Parliament Prepares to Appoint 11 Supreme Judicial Council Members

Society

Bulgaria Awards Costa Concordia Hero
4rd Day of Code Orange in Bulgaria over Scorching Heat
Environment Minister Stops 2 Wind Farm Projects in NE Bulgaria
Varna Activists Alarm Park Construction Ban Is Hoax
3rd Day of Code Orange in Bulgaria over Dangerous Heat
Goran Bregovic to Blast Sofia Again in November
Bulgaria's Ex Tsar Krichim Palace Transformed into Art Center

Sports

Bulgaria's Cancer-Stricken Petrov Plans Visit Home - Report

Crime

Bulgarian, Serbian Nabbed for Spectacular Speeding in Croatia
2 Bulgarians Nabbed for Growing Marijuana in Spain
Brazen Morning Robbery Committed in Sofia Supermarket

Views on BG

Russians Ride in to Rescue Irish Apartments in Bulgaria

Smiles

Feeling Like 50-Year-Old Woman

Quotes

Today's Quote

World

Iran's Ayatollah Khamenei Bodes War, Judgment Day
Vojvodina Loses Capital, Brussels Office
Costa Concordia Captain 'Sorry' for Sinking
Bosnia, World Remember Srebrenica Massacre 17 Years Later

Business

Bulgarian Ruling Party to Keep Building on Abused Black Sea Coast

The MPs of Bulgarian ruling party GERB will work towards rejecting a legislative proposal banning all construction along a 100-meter wide zone along the country's Black Sea coast.

Business | July 11, 2012, Wednesday // 17:08

800 Bids Compete for EUR 21 M under JEREMIE in Bulgaria

Some 800 teams with business ideas have applied for funding under the Entrepreneurship Acceleration and Seed Financing Instrument under the JEREMIE initiative, according to a media statement of Bulgaria's Ministry of Economy, Energy and Tourism.

Business | July 11, 2012, Wednesday // 14:47

Bulgaria Seeks to Delay Again Analogue Switch-Off

Bulgaria's government will seek to extend, yet again, the deadline for the analogue switch-off, set for September 1, 2013, citing shortage of funds.

Business | July 11, 2012, Wednesday // 14:25

Bulgarian FinMin Reacts to Euro as Fox to Grapes

Bulgarian Minister of Finance Simeon Djankov has significantly cooled his enthusiasm about Bulgaria's joining the eurozone, saying there is no need to hurry.

Business » Finance | July 11, 2012, Wednesday // 16:28

Bulgaria Analysts on Euro: No Need to Rush, Benefits Only Long-Term

Analysts have toned down Bulgaria's government enthusiasm for adopting the common European currency, saying it makes more sense for the country to take its time.

Business » Finance | July 11, 2012, Wednesday // 12:33

Fitch Affirms 3 Bulgarian Mid-Sized Banks

Fitch rating agency has affirmed the long-term issuer default ratings of three mid-sized Bulgarian banks.

Business » Finance | July 11, 2012, Wednesday // 11:26

Bulgaria's Fiscal Reserve Recovers after Bond Sale

Bulgaria's fiscal reserve increased to reach BGN 6.5 M after the successful sovereign bond issue, Finance Minister, Simeon Djankov, has boasted.

Business » Finance | July 11, 2012, Wednesday // 08:14

Sofia Airport Processed 1.7 M Passengers in Q1, 2012

In the first six months of 2012, Sofia Airport processed a total of 1 694 728 passengers, up by 0.7% from the same period of 2011.

Business » Tourism | July 11, 2012, Wednesday // 15:28

Bulgaria Winter Resorts Desperate for Year-Round Appeal

Bulgaria's biggest mountain resorts have begun to make more investments in providing attractions for tourists in the summer.

Business » Tourism | July 11, 2012, Wednesday // 15:22

Politics

Bulgarian Cabinet Names 4 New Ambassadors

Bulgaria's cabinet has proposed at its Wednesday sitting four new ambassadors, to be sent to the Czech Republic, Portugal, Japan and South Korea.

Politics » Diplomacy | July 11, 2012, Wednesday // 20:07

US Ambassador Lauds Bulgaria's Fiscal Stability

Bulgaria is one of the most fiscally stable countries in Eastern Europe and a source of stable fiscal policies, according to outgoing US Ambassador in Sofia, James Warlick.

Politics » Diplomacy | July 11, 2012, Wednesday // 09:49

Bulgarian PM Woos European Council, Commission Presidents

Bulgarian PM Boyko Borisov travelled to Brussels Wednesday and met European Council President Herman Van Rompuy and European Commission President Jose Manuel Barroso.

Politics » Bulgaria in EU | July 11, 2012, Wednesday // 19:39

PES President Stanishev to Defend Romanian PM Ponta

Party of Europan Socialists leader Sergey Stanishev and Romanian socialist PM Victor Ponta will give a joint press conference in Brussels Thursday on the political situation in Romania.

Politics » Bulgaria in EU | July 11, 2012, Wednesday // 15:05

EC Mulls Separating Monitoring of Bulgaria, Romania - Report

The European Union is considering separating newcomers Romania and Bulgaria in the monitoring of the countries' judicial system and home affairs.

Politics » Bulgaria in EU | July 11, 2012, Wednesday // 11:43

Bulgarian Men Most Unemployed in EU - Eurostat

The largest percentage of unemployment among men in working age in the EU has been registered in Bulgaria, according to estimates of Eurostat, the statistical office of the Union.

Politics » Bulgaria in EU | July 11, 2012, Wednesday // 10:29

MP, Mayor Contest Leadership of Bulgarian Rightists

MP Vanyo Sharkov and Karlovo mayor Emil Kabaivanov will face each other in a runoff Sunday for the leadership position of Bulgarian rightist Union of Democratic Forces.

Politics » Domestic | July 11, 2012, Wednesday // 19:06

Ethnic Turkish Party Tops Bulgaria Parliament's Truancy List

The son and partner of media mogul Irena Krasteva, who have been criticized for concentrating Bulgaria's media market in their hands and fawning to those in power, is the top non-attender in the country's parliament, data shows.

Politics » Domestic | July 11, 2012, Wednesday // 17:21

Nationalists Ask Voting Ban on Bulgarians with Dual Citizenship

Bulgarians with dual citizenship should be banned from voting in elections in the country, according to a proposal for amendments to the Election Code.

Politics » Domestic | July 11, 2012, Wednesday // 14:24

Poll: Bulgaria's GERB Loses Ground 1 Year before Election

One of every five people who voted in 2009 for the ruling, center-right Citizens for European Development of Bulgaria party, GERB, is extremely disappointed of the cabinet of Prime Minister, Boyko Borisov, and would never again extend their support.

Politics » Domestic | July 11, 2012, Wednesday // 13:35

Bulgaria's Supreme Judicial Council Stages Last-Minute Reshuffles

Bulgaria's Supreme Judicial Council (VSS), whose term in office expires on October 3, has given up on its summer recess to prepare the appointment of its successors.

Politics » Domestic | July 11, 2012, Wednesday // 13:23

Bulgarian Parliament Prepares to Appoint 11 Supreme Judicial Council Members

Bulgaria's Parliament has set down the rules of procedure for the appointment of members of the Supreme Judicial Council (VSS) from the parliamentary quota.

Politics » Domestic | July 11, 2012, Wednesday // 12:05

Society

Bulgaria Awards Costa Concordia Hero

Bulgarian cruise ship technician Petar Petrov,  who saved hundreds of people aboard Costa Concordia cruise liner, will be awarded the order of courage first degree by his native country.

Society | July 11, 2012, Wednesday // 16:27

4rd Day of Code Orange in Bulgaria over Scorching Heat

The Bulgarian national weather service has declared a Code Orange alert once again for the entire territory of the country for Thursday.

Society » Environment | July 11, 2012, Wednesday // 20:43

Environment Minister Stops 2 Wind Farm Projects in NE Bulgaria

Bulgaria's Minister of Environment and Water has revoked two environmental impact assessments (EIA) issued by a regional inspectorate in the Black Sea city of Varna for the construction of two large wind farms in Dobrudzha.

Society » Environment | July 11, 2012, Wednesday // 17:46

Varna Activists Alarm Park Construction Ban Is Hoax

The headline news that the general urban plan (OUP) of the Black Sea City of Varna will ban construction in the local top landmark, the beautiful Sea Garden, might be overrated.

Society » Environment | July 11, 2012, Wednesday // 12:38

3rd Day of Code Orange in Bulgaria over Dangerous Heat

A Code Orange alert was declared once again for all Bulgarian regions on Wednesday.

Society » Environment | July 11, 2012, Wednesday // 08:43

Goran Bregovic to Blast Sofia Again in November

Balkan folk-rock, blasts of brass and clarinet and a thumping turbo-folk beat will fill the biggest hall in the Bulgarian capital Sofia on November 29 during the keenly awaited concert of Goran Bregovic.

Society » Culture | July 11, 2012, Wednesday // 13:44

Bulgaria's Ex Tsar Krichim Palace Transformed into Art Center

Bulgaria's Deputy Prime Minister and Finance Minister, Simeon Djankov, is taking over the management of the former royal palace Krichim to turn it into an art center.

Society » Culture | July 11, 2012, Wednesday // 09:20

Sports

Bulgaria's Cancer-Stricken Petrov Plans Visit Home - Report

Aston Villa captain Stiliyan Petrov, who was shockingly diagnosed with acute leukemia in March, may head for native Bulgaria for a short visit, according to unconfirmed information.

Sports | July 11, 2012, Wednesday // 17:51

Crime

Bulgarian, Serbian Nabbed for Spectacular Speeding in Croatia

A Bulgarian driver has been stopped by the police in Croatia for driving at the fantastic speed of 248 km/h.

Crime | July 11, 2012, Wednesday // 15:33

2 Bulgarians Nabbed for Growing Marijuana in Spain

Two Spanish citizens and two Bulgarian nationals have been arrested in Spain for supposedly creating and tending two sizeable marijuana plantations near Malaga.

Crime | July 11, 2012, Wednesday // 15:22

Brazen Morning Robbery Committed in Sofia Supermarket

A supermarket from a large chain in Sofia has been robbed early Wednesday morning.

Crime | July 11, 2012, Wednesday // 11:01

Views on BG

Russians Ride in to Rescue Irish Apartments in Bulgaria

Up to 50 Irish-owned apartments in Bulgaria have been bought by Russian property prospectors in the first six months of this year, a Dublin-based property business has said.

Views on BG | July 11, 2012, Wednesday // 11:00

Smiles

Feeling Like 50-Year-Old Woman

Bulgaria's Prime Minister Boyko Borisov, a former fire fighter, goes to the ceremony marking the fire brigades professional holiday.

Smiles | July 11, 2012, Wednesday // 18:09

Quotes

Today's Quote

"The euro zone came to be under tremendous pressure because of internal weaknesses and faults in its own design.

Quotes | July 11, 2012, Wednesday // 18:20

World

Iran's Ayatollah Khamenei Bodes War, Judgment Day

Iran's supreme religilous and political leader Ayatollah Ali Khamenei has issued an unprecedented statement calling people across the world to prepare for the wars signalling the coming of Judgment Day.

World | July 11, 2012, Wednesday // 18:21

Vojvodina Loses Capital, Brussels Office

The Constitutional Court of the Republic of Serbia has ruled 22 articles of the Law on Establishing the Jurisdiction of the Autonomous Province of Vojvodina unconstitutional.

World | July 11, 2012, Wednesday // 16:45

Costa Concordia Captain 'Sorry' for Sinking

The captain of Italian cruise ship Costa Concordia, which ran aground killing more than 30 people in January, has said he is sorry for the disaster.

World | July 11, 2012, Wednesday // 15:38

Bosnia, World Remember Srebrenica Massacre 17 Years Later

A memorial ceremony was held at the Potocari cemetery outside the town of Srebrenica Wednesday to remember the atrocious massacre of Bosnian Muslims committed by the army of Bosnian Serbs 17 years ago.

World | July 11, 2012, Wednesday // 14:56
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