ARCHIVE - 1 August 2014

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Business

Bulgaria's Construction Sector Shows Signs of Improvement in Q2 2014
Apricot Rakia From Silistra To Be In Short Supply This Year
Bondholders May Sue BG Government Over KTB Default –Reuters Report 
Nearly All Bulgargaz's Money Held in KTB
KTB To Stay Closed Beyond September 21
Westinghouse, Bulgarian Gov't Ink Unit 7 Agreement
Bulgaria Sold Woodland to South Stream Despite Freeze of Activities
Heavy Rains Will Not Affect Bulgaria's Tourism – Expert

Politics

Bulgarian Parties Spent BGN 12M in EU Elections Campaign
Italy Nominates Federica Mogherini for EU Foreign Policy Chief
Caretaker Govt to Have Deputy PMs for Social, Economic Issues
Budget Consultations between President, Parties Reach Deadlock
Georgi Bliznashki 'to Be Prime Minister' in Interim Gov't
Lack of Quorum Foils Bulgarian Parliament's Last Regular Session
President Calls Consultations on Budget Overhaul

Society

Second Vicitim of Floods in Bulgaria's Vratsa Region Reported
Sofia City Launches EUR 16.7 M Underground Railway Extension
Bulgarian Men Are Among Average Endowed Europeans
Torrential Rains In Bulgaria Claim Another Life
Gas Leak Detected on Russian Ferry in Bulgaria's Varna
Beglika Fest Returns For Sixth Time
Ticket Frenzy For 'Hamlet' Starring Benedict Cumberbatch
Bulgarian Capital Launches 5th Edition of 'Sofia Breathes' Festival

Sports

Fulham Sign Bulgarian Defender Bodurov
First Bulgarian Climber Conquers K2

Crime

Mayor of Bulgaria's Vidin Released on Bail
Sigma Policemen Indicted for Bribery, Extortion
DANS Arrests Vidin Mayor

Lifestyle

British Industrial Designer Invents Alarm Clock That Makes Coffee

Smiles

Festival Name Updated

World

Floods, Thunderstorms Wreak Havoc in the Balkans

Business

Bulgaria's Construction Sector Shows Signs of Improvement in Q2 2014

In Q2 compared to Q1 2014, the construction sector has recorded a significant increase of issued building permits for residential, administrative and other buildings.

Business | August 1, 2014, Friday // 14:18

Apricot Rakia From Silistra To Be In Short Supply This Year

The famous apricot rakia (brandy) from region around the town of Silistra, in north eastern Bulgaria, this year will be in short supply, reports the Darik national radio.

Business | August 1, 2014, Friday // 10:53

Bondholders May Sue BG Government Over KTB Default –Reuters Report 

Holders of USD bonds at Bulgaria's Corporate Commercial Bank (KTB) are planning to sue the government if the bond defaults and KTB is tipped into insolvency, reports Reuters.

Business » Finance | August 1, 2014, Friday // 20:26

Nearly All Bulgargaz's Money Held in KTB

Bulgaria's state-owned gas supplier Bulgargaz has some 98.5% of its assets stored in Corporate Commercial Bank (KTB), data from the Economy Ministry shows.

Business » Finance | August 1, 2014, Friday // 11:06

KTB To Stay Closed Beyond September 21

Bulgaria’s troubled Corporate Commercial Bank (KTB) will not open on September 21 as initially planned, the central bank has decided.

Business » Finance | August 1, 2014, Friday // 10:02

Westinghouse, Bulgarian Gov't Ink Unit 7 Agreement

US-based company Westinghouse and the outgoing Bulgarian cabinet have sealed a shareholders' agreement on the expansion of nuclear capacities at the Kozloduy NPP.

Business » Energy | August 1, 2014, Friday // 12:51

Bulgaria Sold Woodland to South Stream Despite Freeze of Activities

Bulgaria's Ministry of Agriculture has confirmed that 359 da of woodland were sold to South Stream Bulgaria in July.

Business » Energy | August 1, 2014, Friday // 09:43

Heavy Rains Will Not Affect Bulgaria's Tourism – Expert

The 4.5-5.5% tourism growth planned for 2014 is currently implemented, Anelia Genova of Bulgaria's Ministry of Economy told the National Radio (BNR).

Business » Tourism | August 1, 2014, Friday // 15:37

Politics

Bulgarian Parties Spent BGN 12M in EU Elections Campaign

Bulgaria's Institute for Public Environment Development has introduced an analysis of the financial reports of all the parties which ran in this year's European Elections.

Politics | August 1, 2014, Friday // 12:20

Italy Nominates Federica Mogherini for EU Foreign Policy Chief

Italy has officially nominated Foreign Minister Federica Mogherini as the country’s candidate to become the EU’s new high representative for foreign affairs.

Politics » Bulgaria in EU | August 1, 2014, Friday // 18:00

Caretaker Govt to Have Deputy PMs for Social, Economic Issues

Bulgaria’s President Rosen Plevneliev has said he will appoint two deputy prime ministers in the future caretaker cabinet in charge of social and economic issues, respectively.

Politics » Domestic | August 1, 2014, Friday // 15:43

Budget Consultations between President, Parties Reach Deadlock

Politicians remained at loggerheads over amendments to the state budget at consultations which they attended at Bulgaria's Presidency on Thursday.

Politics » Domestic | August 1, 2014, Friday // 14:57

Georgi Bliznashki 'to Be Prime Minister' in Interim Gov't

Lecturer and civil activist prof. Georgi Bliznashki will be Bulgaria's Prime Minister within the caretaker government due to be sworn in next week, a Bulgarian daily reports.

Politics » Domestic | August 1, 2014, Friday // 11:43

Lack of Quorum Foils Bulgarian Parliament's Last Regular Session

Lawmakers failed to reach quorum on Friday, when they were to hold their last regular meeting before President Rosen Plevneliev dissolves Parliament on August 6.

Politics » Domestic | August 1, 2014, Friday // 10:17

President Calls Consultations on Budget Overhaul

Bulgaria's President Rosen Plevneliev is due to meet leaders of parties in Parliament on Friday to discuss the update of the state budget for 2014.

Politics » Domestic | August 1, 2014, Friday // 08:22

Society

Second Vicitim of Floods in Bulgaria's Vratsa Region Reported

The devastating floods which hit Bulgaria's northwestern city of Vratsa on Thursday have claimed the life of an elderly woman from Nivyanin village, BTV national station reports.

Society | August 1, 2014, Friday // 14:45

Sofia City Launches EUR 16.7 M Underground Railway Extension

Bulgaria’s capital Sofia is launching on Friday the construction of a new stretch of its underground railway system that will cost nearly 17 million euro.

Society | August 1, 2014, Friday // 12:13

Bulgarian Men Are Among Average Endowed Europeans

Bulgarian men are among the average endowed men in Europe, shows a survey, published by the German weekly Focus, quoted by Vesti.bg.

Society | August 1, 2014, Friday // 12:12

Torrential Rains In Bulgaria Claim Another Life

Torrential rains in Vratsa on Thursday claimed the life of a 25-year-old shepherd, Vratsa Mayor Nikolai Ivanov told bTV national channel.

Society | August 1, 2014, Friday // 09:43

Gas Leak Detected on Russian Ferry in Bulgaria's Varna

A liquid petroleum gas leak has been coming out of a 20 tonne tank on the Slavyanin ferry near Bulgaria's port city of Varna, Friday.

Society » Environment | August 1, 2014, Friday // 16:46

Beglika Fest Returns For Sixth Time

After a one-year intermission, Beglika Fest will be held for the sixth time on the shores of the Golyam Beglik dam in Bulgaria's Rhodope mountains, August 21-24.

Society » Culture | August 1, 2014, Friday // 15:01

Ticket Frenzy For 'Hamlet' Starring Benedict Cumberbatch

Early ticket sales for the Barbican production of “Hamlet” starring Britain's hottest actor Benedict Cumberbatch started on August 1, amid high interest, report British media.

Society » Culture | August 1, 2014, Friday // 14:23

Bulgarian Capital Launches 5th Edition of 'Sofia Breathes' Festival

On Sunday, August 3, and on the following Sundays until the end of the month, different streets in downtown Sofia will be closed for vehicles under the 'Sofia Breathes' project.

Society » Culture | August 1, 2014, Friday // 13:07

Sports

Fulham Sign Bulgarian Defender Bodurov

Fulham said in Friday they have signed Nikolay Bodurov on a three-year contract for an undisclosed fee.

Sports | August 1, 2014, Friday // 16:49

First Bulgarian Climber Conquers K2

Boyan Petrov has become the first Bulgarian national to conquer the world’s second highest peak, K2, Dnevnik daily has reported.

Sports | August 1, 2014, Friday // 14:03

Crime

Mayor of Bulgaria's Vidin Released on Bail

Mayor of the Bulgarian town of Vidin, Gergo Gergov, has been released on a BGN 30 thousand bail, Friday.

Crime | August 1, 2014, Friday // 16:07

Sigma Policemen Indicted for Bribery, Extortion

Ivaylo Vasilev, chief of a Sofia police unit, and six other members of his unit were indicted on charges of bribery and blackmail, the State Prosecutor's Office said.

Crime | August 1, 2014, Friday // 12:36

DANS Arrests Vidin Mayor

The mayor of the Bulgarian town of Vidin, Gergo Gergov, has been arrested by the National Security Agency DANS, reports Nova TV national channel.

Crime | August 1, 2014, Friday // 10:14

Lifestyle

British Industrial Designer Invents Alarm Clock That Makes Coffee

The British-based industrial designer Josh Renouf invented an alarm clock that brews a fresh cup of coffee, reports Boredpanda.

Lifestyle | August 1, 2014, Friday // 12:40

Smiles

Festival Name Updated

For technical reasons, this year's edition of the "Sofia Breathes" festival will be renamed to "Sofia Swims" festival.

Smiles | August 1, 2014, Friday // 15:17

World

Floods, Thunderstorms Wreak Havoc in the Balkans

Romania is still struggling with the aftermath of the torrential rains and the floods which hit the country on Tuesday and have already claimed five victims.

World | August 1, 2014, Friday // 17:30
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