ARCHIVE - 12 September 2014

» Back to calendar

Business

Oscar Pistorius Found Guilty Of 'Culpable Homicide'

A South African judge on Friday convicted athlete Oscar Pistorius of "culpable homicide" in the death of his girlfriend, Reeva Steenkamp, reports USA Today.

Business | September 12, 2014, Friday // 16:59

Investors Express Interest in Bankrupt Bulgarian Fertilizer Plant Chimco – Report

Investors have expressed interest in the bankrupt Vratsa-based fertilizer plant Chimco AD, also known as Himko AD, and plan to announce their intentions after the early elections on October 5 , according to Kiril Petkov, former director of the plant.

Business | September 12, 2014, Friday // 15:04

Moldova, Turkey Sign Free Trade Agreement

Moldova and Turkey signed in Chisinau an agreement lifting custom duties each country imposes on goods from the other.

Business | September 12, 2014, Friday // 13:53

Bulgaria's Exports Up 7.2% Y/Y in 2013

In 2013 Bulgaria's exports totaled BGN 43.6 B, up by 7.2% on the year, according to data of the National Statistical Institute (NSI).

Business | September 12, 2014, Friday // 13:47

Transport Minister Makes Reshuffles in State Railways, Sofia Airport

Bulgaria's interim Transport Minister Nikolina Angelkova has replaced members of Holding BDZ and Sofia Airport, her ministry has announced.

Business | September 12, 2014, Friday // 08:33

EU Enforces Sanctions on Russia

Fresh sanctions targeting key sectors of Russia's economy are to be introduced on Friday, with the EU adding it could lift them in case of a continuous deescalation in Ukraine.

Business | September 12, 2014, Friday // 08:07

KTB Shareholders Seek Sofia Meeting to Prepare Rescue Plan

The main shareholders in Bulgaria’s Corpbank (KTB) are seeking a meeting in Sofia next week to conduct due diligence on the bank and prepare a plan for its recovery.

Business » Finance | September 12, 2014, Friday // 21:04

KTB Can Be Rescued Without Special Law or Public Funds, Experts Agree

No special legislation and no use of public funds are needed to rescue Corpbank (KTB), the Expert Consultative Council on KTB and Bulgaria’s ombudsman have agreed.

Business » Finance | September 12, 2014, Friday // 16:51

Corpbank Rescue Options to Be Discussed at BIA

Bank experts, trade-union representatives and employers are set to discuss ways out of the crisis at Corporate Commercial Bank (Corpbank or KTB) and possible bailout scenarios.

Business » Finance | September 12, 2014, Friday // 09:46

Bulgaria Exports 1/5 of its Electricity Production

Around 1/5 of the electricity produced in Bulgaria is exported, according to data of the Electricity System Operator (ESO) for the first nine months of 2014.

Business » Energy | September 12, 2014, Friday // 11:54

Gazprom Also Cuts Gas Deliveries to Slovakia

Gas flow from Russian state-owned energy company Gazprom to Slovakia contracted 10 percent on Thursday, a top gas supplying company in the country has announced.

Business » Energy | September 12, 2014, Friday // 09:18

Concerts, Fashion Shows Attract Visitors to Mega Mall Opening in Sofia

The mega-opening of Mega Mall Sofia attracted tens of thousands of visitors on the event’s first day on Friday.

Business » Properties | September 12, 2014, Friday // 19:38

Politics

Ukraine Reiterates Request to Be Granted non-NATO Ally Status

Ukraine's President Petro Poroshenko has voiced his hope that Ukraine will become a non-NATO ally "in the near future".

Politics » Defense | September 12, 2014, Friday // 11:12

Bulgaria Faces Loss of Up To EUR 97 M in EU Funding for Agriculture

Bulgaria may lose EU funding for agriculture of EUR 53-97 M by end-2014, according to caretaker Agriculture Minister Vasil Grudev.

Politics » Bulgaria in EU | September 12, 2014, Friday // 13:05

Director of Southwestern Unit of Bulgaria's Customs Agency Dismissed - Report

Stefan Stefanov, head of the Blagoevgrad-based unit (southwestern unit) of Bulgaria's Customs Agency, has been dismissed.

Politics » Domestic | September 12, 2014, Friday // 15:50

Society

Two Polish Tourists Disappeared In 'Golden Sands'

Two Polish tourists who have disappeared in Bulgaria's Black Sea resort Golden Sands, reports the Bulgarian National Radio.

Society | September 12, 2014, Friday // 16:49

Bulgaria's Chief Mufti's Office Condemns IS

Bulgaria's Chief Mufti's office condemned the Islamic State and its actions, reports Club Z.

Society | September 12, 2014, Friday // 16:30

Sofia City Court Rejects Appeal of Arrest Warrant for KTB Owner

The Sofia City Court has turned down the request submitted by the lawyer of Corpbank majority shareholder Tsvetan Vasilev that his arrest warrant be revoked.

Society | September 12, 2014, Friday // 13:33

Experts Identify 535 Areas At Risk Of Flooding in Bulgaria

There are 535 areas at risk of flooding in Bulgaria, according to an analysis of the impact of the Rural Development Program on the environment published by the Agriculture Ministry.

Society » Environment | September 12, 2014, Friday // 11:00

Sports

Bulgaria Drops Out of Volleyball Men's World Championship after Losing to Germany

Bulgaria has lost to Germany 1:3 (16:25, 15:25, 25:23, 17:25) in a match of the Volleyball Men's World Championships Poland 2014.

Sports | September 12, 2014, Friday // 09:29

World

Pope Francis to Visit Turkey in Late November

Pope Francis is planning to visit Turkey in the last days of November at the invitation of President Recep Tayyip Erdogan, the Vatican announced on Friday.

World | September 12, 2014, Friday // 18:06

Austria Complains of 15% Decrease in Supplies of Russian Gas

Austria announced Thursday a 15% decrease in deliveries of Russian gas.

World | September 12, 2014, Friday // 10:05

Novinite Insider

Emil Harsev: KTB Insolvency Would Be Ungrounded

There is not a single reason requiring that Corporate Commercial Bank (Corpbank or KTB) be declared insolvent, financier Emil Harsev believes.

Novinite Insider » Opinions | September 12, 2014, Friday // 13:04

Italian Ambassador Marco Conticelli: Italy Has Always Believed And Still Believes In Bulgaria

Novinite.com is interviewing the ambassadors of the EU member states and the countries who are the largest trade partners of Bulgaria.

Novinite Insider » Diplomatic Channel | September 12, 2014, Friday // 13:16
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