ARCHIVE - 12 August 2014

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Business

Startup Istanbul To Take Place on September 30

The major Eurasian startup, investment and entrepreneurship event Startup Istanbul starts on September 30, said the organisers.

Business | August 12, 2014, Tuesday // 17:07

New RO/RO Line to Connect Bulgaria's Burgas with Georgia's Poti

A new Black Sea Roll-On/Roll-Off (RO/RO) connection between the ports of Bulgarian city of Burgas and the Georgian Poti will be officially launched on August 13.

Business | August 12, 2014, Tuesday // 16:06

Bulgaria's Producer Prices in Agriculture Drop by 3.3% in Q2 2014

The index of producer prices in agriculture in the second quarter of 2014 decreased by 3.3% as compared with the same quarter of 2013.

Business | August 12, 2014, Tuesday // 14:24

Bulgarian Litex Motors Launches Export of Great Wall Cars to Romania

Litex Motors, the Bulgarian company assembling the Great Wall automobiles in its factory near Lovech, will launch exports to Romania.

Business | August 12, 2014, Tuesday // 13:16

Bulgaria's Monthly Inflation Rates at 0.4% in July

The consumer price index in July 2014 compared to June 2014 was 100.4%, i.e. the monthly inflation was 0.4%, Bulgaria’s Statistical Institute latest data indicates.

Business | August 12, 2014, Tuesday // 11:37

Bulgaria to Aim to Contain 2014 Budget Gap Below 3%/GDP

Bulgaria’s 2014 budget gap will be above plan but the interim cabinet will try to contain it below the three-percent ceiling required by the EC.

Business » Finance | August 12, 2014, Tuesday // 17:30

Ukraine's Parliament Passes Sanctions On Russia, Could Hurt EU

Ukraine’s Parliament has approved at first reading an anti-Russian sanctions package that includes 29 measures, reports RT.com

Business » Energy | August 12, 2014, Tuesday // 16:17

Politics

PM’s Post, Media Bias Gave Erdogan Undue Advantage, Observers Say

Prime Minister Erdogan’s use of his official position plus biased media coverage gave him a distinct advantage in Turkey’s presidential vote, international observers have said.

Politics | August 12, 2014, Tuesday // 12:19

Caretaker Foreign Minister Meets New German Ambassador to Bulgaria

Caretaker Foreign Minister Daniel Mitov has described Germany as an important economic and strategic partner at a meeting with the new German Ambassador to Bulgaria.

Politics » Diplomacy | August 12, 2014, Tuesday // 16:09

EC Alerts Bulgarian Energy Holding to Suspected Anti-Trust Law Breach

The European Commission has sent a Statement of Objections to the Bulgarian Energy Holding concerning suspected abuse of dominance on the domestic wholesale electricity market.

Politics » Bulgaria in EU | August 12, 2014, Tuesday // 15:21

Bulgaria Restores Suspended EU Payments under Regional Development OP

Suspended payments to Bulgaria under the "Regional Development" Operational Program are restored under all axes, according to caretaker Deputy Prime Minister Ekaterina Zaharieva.

Politics » Bulgaria in EU | August 12, 2014, Tuesday // 14:55

Vanyo Tanov To Return to Bulgaria's Customs Agency

Vanyo Tanov will be reappointed as a head of Bulgaria's Customs Agency, said the interim Finance Minister Rumen Porozhanov at a news conference.

Politics » Domestic | August 12, 2014, Tuesday // 13:05

President Plevneliev for FT: Our Oligarchs Are Addicted to State Money

Bulgaria’s President Rosen Plevneliev has leveled strong criticism at the country’s politicians and oligarchs for relying too heavily on public funds, the FT reports.

Politics » Domestic | August 12, 2014, Tuesday // 10:51

Bulgaria's Caretaker PM: Budget Update Is Inevitable

Bulgaria's caretaker Prime Minister Georgi Bliznashki has suggested that a budget update is unavoidable.

Politics » Domestic | August 12, 2014, Tuesday // 10:26

Bulgarian Electoral Commission Starts Registration for Early Elections

Bulgaria's Central Electoral Commission (CEC) starts receiving documents for the registration of political parties and coalitions for the early elections on October 5.

Politics » European Elections | August 12, 2014, Tuesday // 09:30

Society

Heatwave Over Bulgaria To Last Until Week's End

The heatwave over Bulgaria will last till the weekend when a cold front would cool off the air, reports the National Institute for Meteorology and Hydrology.

Society | August 12, 2014, Tuesday // 16:47

Unemployment Rates in Bulgaria See Modest Decline in July

In July, the unemployment rates in Bulgaria registered a decline for the sixth consecutive month reaching 10.6%, according to data collected by the National Employment Agency.

Society | August 12, 2014, Tuesday // 12:40

New Medical Standards To Be Introduced for Bulgaria's GPs

New medical standards will be introduced for Bulgaria's GP medics, reports Sega daily.

Society » Health | August 12, 2014, Tuesday // 12:32

Actor Robin Williams Found Dead, Suicide Suspected

Oscar-winning actor and comedian Robin Williams was found dead on Monday from a suspected suicide at his home in Northern California.

Society » Obituaries | August 12, 2014, Tuesday // 09:35

Police Breaks By Mistake Into Home of Pensioners, Excuse Themselves

Police broke into the home of a 90-year-old pensioner and his wife in Bulgaria's town of Oryahovo early on Tuesday morning, reports the Bulgarian National Radio.

Society » Incidents | August 12, 2014, Tuesday // 15:38

Dam Failure at 2 Reservoirs Most Likely Cause of Floods in NW Bulgaria

Rupturing in the walls of two dams in the northwestern Vratsa district caused the deadly flooding in the town of Mizia in early August.

Society » Incidents | August 12, 2014, Tuesday // 11:55

Crime

KTB Majority Owner Tsvetan Vasilev Indicted, Sought through Interpol

Corporate Commercial Bank (KTB) majority owners is wanted by Bulgaria's Prosecutor's Office via Interpol, the prosecution said in a statement.

Crime | August 12, 2014, Tuesday // 15:07

Views on BG

Reuters: Risk Rises KTB Bondholders Will Seek Legal Action

The risk holders of Corpbank’s dollar-denominated bond will pursue legal action against the troubled Bulgarian lender and the state has increased, Reuters has reported.

Views on BG | August 12, 2014, Tuesday // 15:16
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