ARCHIVE - 10 October 2012

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Business

Bulgarian Households' Economic Situation Worsens - Poll
Bulgaria's Vivacom Ownership to Officially Change Hands Nov
Bulgaria's Telco Shareholders Ok Debt Swap Plan
Bulgaria's Central Bank Clueless on Govt's Plan to Tax Deposit Interest
Bulgaria Plans 10% Tax on Natural Persons' Deposit Interest
Intl Trade Union Body: IMF, EU Messed Up Bulgarian Economy
Bulgarian Govt Adopts 2013 Budget, Projects 1-2% GDP Growth
Belgium's KBC to Sell Units, Bulgaria Still Growth Generator
Bulgaria to Grant New Permit for Oil, Gas Drilling in Black Sea
Bulgaria to Ok Drilling for Oil, Gas in Black Sea near Turkey

Politics

Bulgaria One Step Closer to US Visa Regime Lift
Bulgaria, US Pool Efforts in Serious Crime Combat
Serbia Reacts Strongly to Alleged New EU Demands over Kosovo
Bulgaria Renominates EU Court Member
EC: Bulgaria Must Accelerate Competitiveness Reforms
Bulgarian College Heads Want Turkish Ambassador's Recall over Diploma Scandal
Bulgaria Nearly Worst in EU in Delivering Criminal Justice
Bulgarian Rulers Nominate Deputy Parliament Chair for Constitutional Court
Democracy, Media Freedom in Bulgaria Flourishing - PM

Society

Nazi Symbols on Sale in Bulgaria Outrage German Press
Bulgaria's Zealous Fans Welcome Stuns Robert De Niro

Sports

Bulgaria Coach Penev Vows Tough Fight against Denmark in Sofia
Djokovic Breezes Past Bulgaria's Dimitrov in Shanghai
Bulgaria' Grigor Dimitrov Faces Novak Djokovic

Crime

Bulgarian Football Legend Stoichkov Probed for Battery in US

Views on BG

ITUC Frontlines Report 2012: Section on Bulgaria
Is the First Balkan War Really Over?
Korean Wave Woos Bulgarian Cooking Duo

Smiles

Bulgarian Beggar

World

Russia Warns West against Striking Iran
Moscow Court Frees 1 of 3 Pussy Riot Members
Cell Receptor Work Awarded Nobel Prize for Chemistry
Israeli PM Netanyahu Orders Early Elections

Business

Bulgarian Households' Economic Situation Worsens - Poll

The economic situation of Bulgarian household has worsened compared to last year, according to newly-released poll of the National Center for Study of Public Opinion (NZIOM).

Business | October 10, 2012, Wednesday // 12:49

Bulgaria's Vivacom Ownership to Officially Change Hands Nov

Bulgarian lender Corporate Commercial Bank and Russian peer VTB Capital are expected to acquire Bulgaria's Vivacom in November.

Business | October 10, 2012, Wednesday // 11:57

Bulgaria's Telco Shareholders Ok Debt Swap Plan

The sale of the Bulgarian incumbent telco BTC, which operates under the brand name Vivacom, has been nearly finalized, it emerged this week.

Business | October 10, 2012, Wednesday // 11:48

Bulgaria's Central Bank Clueless on Govt's Plan to Tax Deposit Interest

The Bulgarian National Bank has declared that it had not been informed of the Cabinet's intention to introduce a 10% tax rate on interest earned on deposits of natural persons.

Business » Finance | October 10, 2012, Wednesday // 18:08

Bulgaria Plans 10% Tax on Natural Persons' Deposit Interest

Bulgaria's Council of Ministers will submit to Parliament a proposal for the adoption of a 10% tax rate on interest earned on deposits of natural persons.

Business » Finance | October 10, 2012, Wednesday // 15:22

Intl Trade Union Body: IMF, EU Messed Up Bulgarian Economy

Bulgaria's economy has suffered tremendously from the austerity recommendations of the International Monetary Fund and the European Union in recent years, according to a report of the International Trade Union Confederation.

Business » Finance | October 10, 2012, Wednesday // 15:17

Bulgarian Govt Adopts 2013 Budget, Projects 1-2% GDP Growth

Bulgaria's Cabinet has adopted the draft 2013 State Budget Act proposed by the Finance Ministry as well as additional legislation for upping the minimum salary, and the budget of the National Health Insurance Institute.

Business » Finance | October 10, 2012, Wednesday // 14:56

Belgium's KBC to Sell Units, Bulgaria Still Growth Generator

Belgium's KBC, which owns Bulgarian insurance subsidiary DZI and local CIBank, announced plans to overhaul its business model in a bid to focus on its strongest markets.

Business » Finance | October 10, 2012, Wednesday // 10:00

Bulgaria to Grant New Permit for Oil, Gas Drilling in Black Sea

The Bulgarian government has adopted a decision for opening a tender procedure for a permit for deepwater oil and gas prospecting and exploration at Block 1-22 Teres.

Business » Energy | October 10, 2012, Wednesday // 17:26

Bulgaria to Ok Drilling for Oil, Gas in Black Sea near Turkey

Bulgaria's government is expected to give the green light on Wednesday to a public tender for deep-water exploration of oil and natural gas in Black Sea waters, near neighboring Turkey.

Business » Energy | October 10, 2012, Wednesday // 07:50

Politics

Bulgaria One Step Closer to US Visa Regime Lift

Bulgaria and the United States signed Wednesday an agreement on boosting cooperation in preventing serious crime.

Politics » Diplomacy | October 10, 2012, Wednesday // 13:30

Bulgaria, US Pool Efforts in Serious Crime Combat

Bulgaria and the United States are to sign on Wednesday an agreement on boosting co-operation in preventing serious crime.

Politics » Defense | October 10, 2012, Wednesday // 08:33

Serbia Reacts Strongly to Alleged New EU Demands over Kosovo

Serbian Prime Minister Ivica Dacic has expressed disappointment over demands of the European Commission for Serbia's relations with Kosovo, after the publication of an EC progress report on Wednesday.

Politics » Bulgaria in EU | October 10, 2012, Wednesday // 19:14

Bulgaria Renominates EU Court Member

Bulgaria's Cabinet has renominated the Bulgarian judge at the Court of Justice of the EU, Mariyana Kancheva, for a second term.

Politics » Bulgaria in EU | October 10, 2012, Wednesday // 17:25

EC: Bulgaria Must Accelerate Competitiveness Reforms

Bulgaria is a country with a relatively low income level and a dominance of labor-intensive industries, according to the latest overview of competitiveness for the 27 Member States issued Wednesday by the European Commission.

Politics » Bulgaria in EU | October 10, 2012, Wednesday // 16:05

Bulgarian College Heads Want Turkish Ambassador's Recall over Diploma Scandal

Bulgarian college heads are expected to demand Wednesday the recall of Turkish ambassador to Bulgaria, Ismail Aramaz over an accusatory letter signed by him in connection with the suspended recognition of Bulgarian-issued college diplomas due to forgery s

Politics » Bulgaria in EU | October 10, 2012, Wednesday // 13:27

Bulgaria Nearly Worst in EU in Delivering Criminal Justice

An independent survey has shown that Greece, Bulgaria, Poland, and Romania are worst in the EU at at delivering justice through criminal trials.

Politics » Bulgaria in EU | October 10, 2012, Wednesday // 11:58

Bulgarian Rulers Nominate Deputy Parliament Chair for Constitutional Court

Bulgaria's ruling party GERB has nominated Deputy Chair of the Bulgarian Parliament Anastas Anastasov to sit on the country's Constitutional Court.

Politics » Domestic | October 10, 2012, Wednesday // 19:35

Democracy, Media Freedom in Bulgaria Flourishing - PM

Bulgaria's prime minister has vehemently denied allegations that his ruling stifles media and human rights freedoms.

Politics » Domestic | October 10, 2012, Wednesday // 14:42

Society

Nazi Symbols on Sale in Bulgaria Outrage German Press

Nazi symbols that are banned in Germany are sold widely in Bulgaria, the leading German paper Frankfurter Allgemeine Zeitung reports.

Society | October 10, 2012, Wednesday // 17:37

Bulgaria's Zealous Fans Welcome Stuns Robert De Niro

Robert De Niro, one of the silver screen's most iconic hard men, looked stunned by the overeager welcome Bulgarian fans gave him last night as he arrived at Sofia airport nearly an hour after midnight.

Society » Culture | October 10, 2012, Wednesday // 09:16

Sports

Bulgaria Coach Penev Vows Tough Fight against Denmark in Sofia

Bulgaria's national football team is ready to face Denmark in their 2014 World Cup qualifier in Sofia on Friday, head coach Lyuboslav Penev has promised.

Sports | October 10, 2012, Wednesday // 20:30

Djokovic Breezes Past Bulgaria's Dimitrov in Shanghai

World No 2 Novak Djokovic scored an easy victory against Bulgarian Grigor Dimitrov in the second round match at the Shanghai Masters on Wednesday.

Sports | October 10, 2012, Wednesday // 12:20

Bulgaria' Grigor Dimitrov Faces Novak Djokovic

World No 2 Novak Djokovic squares against Bulgarian Grigor Dimitrov in the second round match at the Shanghai Masters on Wednesday.

Sports | October 10, 2012, Wednesday // 10:32

Crime

Bulgarian Football Legend Stoichkov Probed for Battery in US

Police in the US city of Chicago is investigating Bulgarian football legend Hristo Stoichkov on allegations of him thrashing a Bulgarian journalist.

Crime | October 10, 2012, Wednesday // 11:55

Views on BG

ITUC Frontlines Report 2012: Section on Bulgaria

Bulgaria provides stark evidence that an eco­nomic strategy based on low wages and labour market flexibility will fail.

Views on BG | October 10, 2012, Wednesday // 15:23

Is the First Balkan War Really Over?

Montenegro's Oct. 8, 1912, declaration of war on the Ottoman Turkish Empire and its Oct. 9 attack on neighboring Albania, an Ottoman protectorate, stunned Europe. Montenegro, a military midget, attacking Albania, another poor and backwater Balkan nowhere?

Views on BG | October 10, 2012, Wednesday // 09:44

Korean Wave Woos Bulgarian Cooking Duo

Presiyan Petrov, 22, proudly takes out a bottle of white liquid carefully wrapped in a plastic bag as he enters a sunny apartment in central Sofia. The white liquid is makgeolli, South Korea's signature rice wine, which he has been attempting to make over

Views on BG | October 10, 2012, Wednesday // 09:15

Smiles

Bulgarian Beggar

A beggar approaches a passer-by on the Vitosha Blvd in downtown Sofia.

Smiles | October 10, 2012, Wednesday // 21:23

World

Russia Warns West against Striking Iran

Russian Foreign Minister Sergei Lavrov warned on Wednesday that the use of force against Tehran would spell the end of the negotiating process on Iran's nuclear program.

World | October 10, 2012, Wednesday // 15:39

Moscow Court Frees 1 of 3 Pussy Riot Members

A Moscow City Court has freed one of the jailed Pussy Riot members but upheld the two-year prison sentence for the two others.

World | October 10, 2012, Wednesday // 14:14

Cell Receptor Work Awarded Nobel Prize for Chemistry

Two US researchers have won the 2012 Nobel prize in chemistry for showing how cells receptors in the body respond to stimuli.

World | October 10, 2012, Wednesday // 14:06

Israeli PM Netanyahu Orders Early Elections

Israel's Prime Minsiter Benyamin Netanyahu has ordered new parliamentary elections in early 2013, roughly eight months ahead of schedule.

World | October 10, 2012, Wednesday // 08:44
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