ARCHIVE - 16 July 2014

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Business

Bulgaria's Avtomagristrali Tcherno More Employees Protest Again

The Avtomagistrali Tcherno More workers have staged another protest on the Hemus highway blocking the road junction Belokopitovo for nearly 2 hours, Wednesday.

Business | July 16, 2014, Wednesday // 15:38

Court Allows Divulging of Bank Secret in KTB Investigation

The Sofia Regional Court allowed the divulging of bank secret on the debtors of the Corporate Commercial Bank (KTB), reports Dnevnik.

Business » Finance | July 16, 2014, Wednesday // 16:46

Bulgaria Increases State Debt by USD 3.4 B, Sets Deficit at 2.7%

The Bulgarian government should seek a new loan adding BGN 3.4 B to mitigate the impact of developments at the Corporate Commercial Bank (KTB), the government says.

Business » Finance | July 16, 2014, Wednesday // 15:28

Bulgarian Government to Decide on Budget Overhaul

Bulgaria's Council of Ministers is set to take a final decision to update the 2014 budget at its meeting scheduled for Wednesday.

Business » Finance | July 16, 2014, Wednesday // 11:00

BRICS Agree to Set Up USD 100 B Development Bank, Emergency Fund

The five BRICS countries are due to create a development bank with USD 50 B in initial capital and an emergency fund, Brazil's President Dilma Rousseff announced.

Business » Finance | July 16, 2014, Wednesday // 09:14

Russian Touroperator Neva Goes Bankrupt

One of the largest Russian touroperators, Neva, went bankrupt and said it terminates its activities, reports ITAR-TASS.

Business » Tourism | July 16, 2014, Wednesday // 16:56

Politics

EU Leaders to Decide on EC President, Foreign Policy Chief

Leaders of EU member states are due to pick the next European Council President and the union's top diplomat at a Brussels summit starting Wednesday.

Politics | July 16, 2014, Wednesday // 09:39

Bulgaria's FM Vigenin 'to Be EU Commissioner Candidate'

Outgoing Bulgarian Foreign Minister Kristian Vigenin will be the government's nomination to become the next EU Commissioner from the country, ruling party sources say.

Politics » Bulgaria in EU | July 16, 2014, Wednesday // 11:37

Bulgarian Parliament Passes Tougher Driving Under Influence Penalties

Bulgaria's Parliament adopted at first reading amendments to the Criminal Code, for increased penalties for driving under the influence of alcohol or drugs, Wednesday.

Politics » Domestic | July 16, 2014, Wednesday // 12:42

Bulgarian MPs Approve Tough Measures for False Bank Info

Lawmakers are due to have a first-reading say on changes to the Penal Code envisaging up to 10 years of imprisonment for spreading misleading information on banks.

Politics » Domestic | July 16, 2014, Wednesday // 10:05

Society

State of Emergency Declared in Another Eastern Bulgarian Municipality

State of emergency has been declared in Bulgaria's Northeastern Byala municipality over the heavy rains, mayor Anastas Trendafilov said, Wednesday.

Society | July 16, 2014, Wednesday // 16:29

Fire Bursts Out in Sofia City Center

Fire burst out on a roof of a building, located just meters away from the Council of Ministers in Sofia.

Society | July 16, 2014, Wednesday // 15:16

Bulgaria's Black Sea Primorsko Flooded, Under State of Emergency

State of emergency has been declared in Bulgaria's Black Sea municipality of Primorsko, Wednesday.

Society | July 16, 2014, Wednesday // 11:47

Bulgaria's Government Allocates Additional BGN 1.5M For Archeology

Bulgaria's Council of Ministers has approved an additional expenditure of BGN 1.

Society » Archaeology | July 16, 2014, Wednesday // 17:17

Crime

French Citizen, Wife, Arrested After Demanding Clarity on KTB Deposits

A French citizen and his Bulgarian wife were arrested in Stara Zagora when they tried to get information on their assets in the Corporate Commercial Bank (KTB), reports BNR.

Crime | July 16, 2014, Wednesday // 16:31

Sofia Prosecution Will Not Demand Custody for KTB Chief Executive

The Prosecutor's office has decided not to demand custody for Corporate Commercial Bank (KTB) chief executive Orlin Rusev and Chief Cashier Mariya Dimova, Wednesday.

Crime | July 16, 2014, Wednesday // 16:04

Novinite Insider

Yuliya Georgieva: Every Child Has a Right to Quality Education

An interview of Novinite with Yuliya Georgieva, Transformer and Teacher at Teach for Bulgaria.

Novinite Insider » Interview | July 16, 2014, Wednesday // 13:18

Novinite's Blueprint for a Bulgarian Caretaker Government

One might say it is not our business to draw out cabinets and distribute ministerial seats. But in the current situation it seemed right to us to do so.

Novinite Insider » Features | July 16, 2014, Wednesday // 12:50
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria