ARCHIVE - 22 July 2014

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Business

Damage Claims After Heavy Hailstorm in Sofia Worth Over BGN 100M
Northern Bulgaria Boasts Annual Raspberry Production of 8000 Tonnes
Bulgarian Business Associations 'Mull State Lockout' over KTB
Government to Hold Talks Bulgarian State Railway's Lenders
Bulgaria Could See Air Traffic Boosted over Ukraine's MH17 Crash
BNB Governor Ivan Iskrov Ready to Resign
Smartphones, Tablets in Top 5 Purchases On Deferred Payments
Bulgaria with Second Lowest Debt-to-GDP Ratio in EU in Q1, 2014
New Amendments Introduced to Consumer Credit Act
Customers of Troubled Bulgarian Corpbank to Sue State for Damages
Farmers Agree on Maximum EU Agriculture Subsidies of EUR 300,000
Property Deals On The Rise, Russians Buy Less
Tourist Season Not Affected by Floods – Branimir Botev
Bulgarian National Tourism Council Adopts New Promotional Strategies
Bulgaria's Tourist Season Won't Be Worse Than Last Year

Politics

Bulgaria's Defense Min Vows Support for Macedonia's EU, NATO Bids
Macedonian Defense Minister Pays Official Visit to Bulgaria
Mistral Warship for Russia 'Tied to Stance on Ukraine Crisis'
EU Regional Policy Commissioner: Bulgaria to Sign PA with EC Very Soon
Bulgarian MPs Not to Renew Work, Await Gov't Resignation
Socialist 'Dissident' Member Kadiev Enters Party Leadership Race

Society

Fear of Hail Fills Up Sofia's Underground Parkings
3 Bulgarian Seafarers Set Off For Round-the-World Sailing Trip
Pest Infestations On the Rise Because of Rains
Bulgaria's Euroroma Threatens Blockades on Major Roads
Bulgaria's Hail Suppression Agency Cannot Disperse Gathering Clouds
6 Bulgarian Districts Bracing for Heavy Rain, Thunderstorms, Hail

Sports

Michael Schumacher Is Showing Signs Of Recovery

Crime

Sofia Central Bus Station Evacuated Over Unattended Luggage
Balkan Drug Lord Dragoslav Kosmajac Arrested in Montenegro

World

Ukrainian Rebels Give MH17 Black Boxes after UN Resolution

Novinite Insider

Vladimir Karolev: Central Bank's Dependence on Politicians 'Evident'

Business

Damage Claims After Heavy Hailstorm in Sofia Worth Over BGN 100M

Damages from the devastating hailstorm that hit Bulgaria's Sofia about 2 weeks ago will cost insurance companies more than BGN 100M.

Business | July 22, 2014, Tuesday // 16:47

Northern Bulgaria Boasts Annual Raspberry Production of 8000 Tonnes

The production of raspberries in northern Bulgaria is regaining momentum and is about to become a principle means of subsistence in the region.

Business | July 22, 2014, Tuesday // 14:05

Bulgarian Business Associations 'Mull State Lockout' over KTB

Two major associations representing employers and the industry sector could announce the first lock-out in Bulgaria's history, a Bulgarian daily reports.

Business | July 22, 2014, Tuesday // 11:39

Government to Hold Talks Bulgarian State Railway's Lenders

Creditors of national carrier Bulgarian State Raliways (BDZ) are due to meet Deputy Prime Minister Daniela Bobeva on Tuesday to discuss the fate of the company.

Business | July 22, 2014, Tuesday // 10:41

Bulgaria Could See Air Traffic Boosted over Ukraine's MH17 Crash

Flights over Bulgaria could increase by 10-15% after the closure of Eastern Ukrainian airspace, Europe's organization for safety of air traffic estimates.

Business | July 22, 2014, Tuesday // 10:14

BNB Governor Ivan Iskrov Ready to Resign

The Governor of the Bulgarian National Bank (BNB) Ivan Iskrov said he was ready to resign, in a letter to Speaker of Parliament Mihail Mikov, report Bulgarian-language media.

Business » Finance | July 22, 2014, Tuesday // 16:43

Smartphones, Tablets in Top 5 Purchases On Deferred Payments

Smartphones and tablets are among the items most frequently bought on deferred payment plans in Bulgaria, shows an analysis of the BNP Paribas Personal Finance company.

Business » Finance | July 22, 2014, Tuesday // 16:29

Bulgaria with Second Lowest Debt-to-GDP Ratio in EU in Q1, 2014

At the end of the first quarter of 2014, Bulgaria's government debt increased by 1.

Business » Finance | July 22, 2014, Tuesday // 15:26

New Amendments Introduced to Consumer Credit Act

Bulgarians will pay fewer fees when getting a new loan after the amendments to the Consumer Credit Act come into effect as of July 22.

Business » Finance | July 22, 2014, Tuesday // 12:44

Customers of Troubled Bulgarian Corpbank to Sue State for Damages

Customers of Corporate Commercial Bank (KTB), including natural and legal persons, will sue the state for the crisis at the fourth biggest Bulgarian lender.

Business » Finance | July 22, 2014, Tuesday // 11:59

Farmers Agree on Maximum EU Agriculture Subsidies of EUR 300,000

Representatives of Bulgarian agricultural organizations and the Ministry of Agriculture discussed the priorities for the next six-year EU programming period, Tuesday.

Business » Industry | July 22, 2014, Tuesday // 14:22

Property Deals On The Rise, Russians Buy Less

The real estate deals in Bulgaria in H1 2014 grew by 64%,year-on-year, shows an analysis of the ERA Bulgaria real estate company.

Business » Properties | July 22, 2014, Tuesday // 13:01

Tourist Season Not Affected by Floods – Branimir Botev

None of the big Bulgarian tour operators reported group cancellations due to the recent floods along the Black Sea coast, deputy economy minister Branimir Botev said, Tuesday.

Business » Tourism | July 22, 2014, Tuesday // 17:39

Bulgarian National Tourism Council Adopts New Promotional Strategies

Bulgaria's National Tourism Council (NTC) has approved the advertising strategies for Bulgarian tourism, said Deputy Minister of Economy and Energy Branimir Botev, Tuesday.

Business » Tourism | July 22, 2014, Tuesday // 13:31

Bulgaria's Tourist Season Won't Be Worse Than Last Year

The tourist season on Bulgaria's Black Sea coast won't be worse than last year's, Kalin Sutev representative of the Der Touristik group in Bulgaria, told Dnevnik.

Business » Tourism | July 22, 2014, Tuesday // 12:18

Politics

Bulgaria's Defense Min Vows Support for Macedonia's EU, NATO Bids

The defense ministers of Bulgaria and Macedonia have expressed their mutual desire and will for cooperation between the armed forces of the two countries.

Politics » Diplomacy | July 22, 2014, Tuesday // 12:48

Macedonian Defense Minister Pays Official Visit to Bulgaria

Macedonian Defense Minister Zoran Jolevski is to arrive on an official visit to Bulgaria.

Politics » Diplomacy | July 22, 2014, Tuesday // 09:21

Mistral Warship for Russia 'Tied to Stance on Ukraine Crisis'

France could renounce the sale of a second Mistral-class amphibious warship if EU leaders adopt tougher sanctions against Russsia.

Politics » Defense | July 22, 2014, Tuesday // 12:14

EU Regional Policy Commissioner: Bulgaria to Sign PA with EC Very Soon

EU Commissioner for Regional Policy, Johannes Hahn, has announced that the Partnership Agreement between Bulgaria and the European Commission is to be signed very soon.

Politics » Bulgaria in EU | July 22, 2014, Tuesday // 15:51

Bulgarian MPs Not to Renew Work, Await Gov't Resignation

Lawmakers in Bulgarian Parliament failed to agree on whether any session should be held until the cabinet of Prime Minister Plamen Oresharski resigns.

Politics » Domestic | July 22, 2014, Tuesday // 14:37

Socialist 'Dissident' Member Kadiev Enters Party Leadership Race

Georgi Kadiev, known for his usual criticism at decisions of the Bulgarian Socialist Party (BSP), has officially become a candidate to head the party.

Politics » Domestic | July 22, 2014, Tuesday // 12:55

Society

Fear of Hail Fills Up Sofia's Underground Parkings

The code orange warning for expected hailstorm in Sofia on Tuesday filled up the municipal underground parkings at the metro stations, said the Sofia Municipality.

Society | July 22, 2014, Tuesday // 15:43

3 Bulgarian Seafarers Set Off For Round-the-World Sailing Trip

Three Bulgarian men will set off for a sailing trip around the world, Bulgarian National Radio announced.

Society | July 22, 2014, Tuesday // 15:29

Pest Infestations On the Rise Because of Rains

he heavy rains and local floods caused pest infestations across the country, reports Vesti.

Society | July 22, 2014, Tuesday // 15:28

Bulgaria's Euroroma Threatens Blockades on Major Roads

The Euroroma party posed an ultimatum to the Stara Zagora Mayor Zhivko Todorov the stop the demolition of illegal Roma houses in the city, reports news.

Society | July 22, 2014, Tuesday // 14:09

Bulgaria's Hail Suppression Agency Cannot Disperse Gathering Clouds

Bulgaria's Hail Suppression Agency cannot disperse the gathering thunderstorm clouds for technical reasons due to the direction from which they are coming, Tuesday.

Society | July 22, 2014, Tuesday // 11:54

6 Bulgarian Districts Bracing for Heavy Rain, Thunderstorms, Hail

A "code orange" weather alert for heavy rain, thunderstorms, and hail has been declared in six Bulgarian districts, while 19 other districts are under a "code yellow" alert.

Society » Environment | July 22, 2014, Tuesday // 10:10

Sports

Michael Schumacher Is Showing Signs Of Recovery

Michael Schumacher is able to communicate with his family by moving his eyelids, and could return home by the end of the month, according to reports.

Sports | July 22, 2014, Tuesday // 17:47

Crime

Sofia Central Bus Station Evacuated Over Unattended Luggage

Police have closed off the area around the Central Bus Station in Sofia on Tuesday afternoon, and have evacuated all passengers due to unattended luggage.

Crime | July 22, 2014, Tuesday // 18:02

Balkan Drug Lord Dragoslav Kosmajac Arrested in Montenegro

Balkan drug lord Dragoslav Kosmajac has been arrested in Montenegro's Kotor.

Crime | July 22, 2014, Tuesday // 09:49

World

Ukrainian Rebels Give MH17 Black Boxes after UN Resolution

Pro-Russian rebels handed over the two black boxes of the Malaysian Airlines' Boeing 777, which crashed  in eastern Ukraine on Thursday leaving all on board dead.

World | July 22, 2014, Tuesday // 09:44

Novinite Insider

Vladimir Karolev: Central Bank's Dependence on Politicians 'Evident'

Economist Vladimir Karolev said  the Bulgarian National Bank had made a mistake by not admitting that its actions were politically motivated.

Novinite Insider » Opinions | July 22, 2014, Tuesday // 15:31
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