ARCHIVE - 14 October 2014

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Business

Average Insurable Earnings Come up to BGN 671.51 in August
Bulgaria Registers 0.8% Deflation Y/Y September 2014
Depositors Storm KTB Headquarters, Blockade Streets
Bulgaria's Trade Balance Posts EUR 157.7M Deficit in August
EU Recommends That Bulgaria Deregulates Electricity Prices

Politics

President Plevneliev Urges Politicians To Show Humility
Bulgaria’s President: Gas Is Not a Weapon
Swiss Aid for Bulgaira to Reach EUR 63 M
Bulgaria’s Air Defence Is ‘Critical Area’, Shalamanov tells BBC
Bulgaria to Take Part in Non-Military NATO Mission in Afghanistan
Bulgaria's Military 'to Demand' BGN 200 M Budget Hike for 2015
GERB to Seek Reformist Bloc’s Support for Forming Government Wednesday
GERB Declines DPS’ Offer  of Support for Minority Government
Justice Ministry Demands International Expert Appraisal of Bulgaria’s Prosecuting Authority
Bulgaria Should Not Change its Election Laws Too Frequently - NGO
GERB, DPS Talks on Government Formation Kick Off

Society

ICANN Approves Bulgaria's National Domain .BG in Cyrillic
Archaeologists Excavate Late Antiquity Basilica At Hisarluka
Archaeologists Uncover Secret Tunnels Beneath Bulgaria's Pliska

Sports

Sofia Named European Capital of Sport 2018
Bulgaria's Women's National Volleyball Team Makes Big Leap in World Rankings

Smiles

Never Underestimate Blondes

World

UN Medical Worker Dies of Ebola in Germany
British MPs Pass Non-Binding Vote To Recognize Palestine
7.4-Magnitude Earthquake Reported Off Coast of El Salvador
Luxembourg to Abandon Bank Secrecy Rules from 2017
Catalonia Cancels Independence Referendum
Romanian President Says PM 'Was Secret Agent'
Russia Calls on EU for New Approach to South Stream
Russia's Vladimir Zhirinovsky Calls Rosen Plevneliev 'Scoundrel', 'CIA Lackey'
Stepan Poltorak Appointed Ukraine Defense Minister

Novinite Insider

Osman Oktai: DPS’ ‘Unconditional Support’ Comes With Strings Attached

Business

Average Insurable Earnings Come up to BGN 671.51 in August

The average monthly insurable earnings in Bulgaria for the period October 2013 – August 2014 amounted to BGN 670.58, according to data provided by the National Social Security Institute.

Business | October 14, 2014, Tuesday // 14:22

Bulgaria Registers 0.8% Deflation Y/Y September 2014

The consumer price index in September compared to August was 99.8%, i.e. the monthly inflation was-0.2%, the latest data revealed by Bulgaria's National Statistical Institute shows.

Business | October 14, 2014, Tuesday // 12:35

Depositors Storm KTB Headquarters, Blockade Streets

Customers of troubled Corporate Commercial Bank (Corpbank or KTB) tried to enter the bank's main building at Sofia's Garibaldi Square on Tuesday.

Business » Finance | October 14, 2014, Tuesday // 14:59

Bulgaria's Trade Balance Posts EUR 157.7M Deficit in August

The current and capital account recorded a surplus of EUR 476.4M in August 2014, compared to a surplus of EUR 931.3M in August 2013, according to data, provided by Bulgaria's National Bank.

Business » Finance | October 14, 2014, Tuesday // 14:58

EU Recommends That Bulgaria Deregulates Electricity Prices

Bulgaria must deregulate the electricity market for household consumers and small companies, split the Energy Holding into smaller companies and speed up the construction of gas pipeline connections with the neighbouring countries, recommends the EC in a

Business » Energy | October 14, 2014, Tuesday // 08:04

Politics

President Plevneliev Urges Politicians To Show Humility

Bulgaria's politicians must show humility, work hard, make five promises and keep them, said Bulgaria's President Rosen Plevneliev at a meeting with Bulgarians living in Geneva.

Politics | October 14, 2014, Tuesday // 11:51

Bulgaria’s President: Gas Is Not a Weapon

Bulgarian President Rosen Plevneliev has elaborated on his stance on Russia in an interview for Swiss daily Tages-Anzeiger.

Politics » Diplomacy | October 14, 2014, Tuesday // 16:00

Swiss Aid for Bulgaira to Reach EUR 63 M

Switzerland will give Bulgaria a total of CHF 76 M (EUR 63 M) to work toward the reduction of economic and social inequality.

Politics » Diplomacy | October 14, 2014, Tuesday // 13:32

Bulgaria’s Air Defence Is ‘Critical Area’, Shalamanov tells BBC

Bulgaria’s armed forces must soon reduce their dependence of Russian equipment and maintenance or face the risk of ‘catastrophic consequences,’ Velizar Shalamanov has told the BBC.

Politics » Defense | October 14, 2014, Tuesday // 20:07

Bulgaria to Take Part in Non-Military NATO Mission in Afghanistan

As of December 31, 2014, Bulgaria will terminate its participation in the International Security Assistance Force (ISAF) operation in Afghanistan, BGNES news agency reports.

Politics » Defense | October 14, 2014, Tuesday // 18:17

Bulgaria's Military 'to Demand' BGN 200 M Budget Hike for 2015

The Defense Ministry will push for a higher military spending to be allocated in 2015, media reports suggest.

Politics » Defense | October 14, 2014, Tuesday // 12:52

GERB to Seek Reformist Bloc’s Support for Forming Government Wednesday

Centre-right GERB, the biggest party in Bulgaria’s new parliament, will meet the right-wing Reformist Bloc on Wednesday for consultations over formation of government.

Politics » Domestic | October 14, 2014, Tuesday // 21:00

GERB Declines DPS’ Offer  of Support for Minority Government

The Movement for Rights and Freedoms (DPS) on Tuesday reiterated its opposition to any minority government coalition comprising nationalist parties in Bulgaria’s parliament.

Politics » Domestic | October 14, 2014, Tuesday // 18:53

Justice Ministry Demands International Expert Appraisal of Bulgaria’s Prosecuting Authority

A proposal for updates to the judicial reform strategy drafted by the team of caretaker Deputy Prime Minister and Justice Minister Hristo Ivanov envisages an independent international expert appraisal of the state of Bulgaria’s prosecuting authority.

Politics » Domestic | October 14, 2014, Tuesday // 13:44

Bulgaria Should Not Change its Election Laws Too Frequently - NGO

Vanya Nusheva from Transparency International has commented that Bulgaria cannot change election laws every time some party is dissatisfied with the results as the country would end up with an unsustainable election system.

Politics » Domestic | October 14, 2014, Tuesday // 11:10

GERB, DPS Talks on Government Formation Kick Off

The centre-right GERB and the Movement for Rights and Freedoms (DPS) will negotiate on Tuesday afternoon on the formation and support for new government.

Politics » Early Elections 2014 | October 14, 2014, Tuesday // 14:20

Society

ICANN Approves Bulgaria's National Domain .BG in Cyrillic

The Internet Corporation for Assigned Names and Numbers (ICANN) has approved the national domain of Bulgaria, the Ministry of Transport and Communications said, Tuesday.

Society | October 14, 2014, Tuesday // 17:45

Archaeologists Excavate Late Antiquity Basilica At Hisarluka

Archaeologists excavate remains of late antiquity basilica and a medieval fortress at the Hisaluka hill near Bulgaria's Kyustendil.

Society » Archaeology | October 14, 2014, Tuesday // 13:19

Archaeologists Uncover Secret Tunnels Beneath Bulgaria's Pliska

The archaeological team of Mariela Inkova uncovered a network of secret tunnels under the first capital of Bulgaria – Pliska, reports BGNES.

Society » Archaeology | October 14, 2014, Tuesday // 10:51

Sports

Sofia Named European Capital of Sport 2018

Bulgaria's Sofia has been named European Capital of Sport 2018, ACES Europe, the European Capitals and Cities of Sport Federation, announced Tuesday.

Sports | October 14, 2014, Tuesday // 16:42

Bulgaria's Women's National Volleyball Team Makes Big Leap in World Rankings

Bulgaria's women's national volleyball team climbed 14 places and now occupies the 21th position in the FIVB rankings after the World Cup in Italy.

Sports | October 14, 2014, Tuesday // 13:26

Smiles

Never Underestimate Blondes

A blonde and a lawyer are seated next to each other on a flight from LA to NY.

Smiles | October 14, 2014, Tuesday // 12:25

World

UN Medical Worker Dies of Ebola in Germany

A United Nations medical worker infected with Ebola virus while working in Liberia has died in a hospital in Germany.

World | October 14, 2014, Tuesday // 16:02

British MPs Pass Non-Binding Vote To Recognize Palestine

British lawmakers overwhelmingly passed a nonbinding resolution in favor of a Palestinian state Monday night.

World | October 14, 2014, Tuesday // 10:12

7.4-Magnitude Earthquake Reported Off Coast of El Salvador

A 7.4-magnitude earthquake was registered off the coast of El Salvador late on Monday.

World | October 14, 2014, Tuesday // 09:38

Luxembourg to Abandon Bank Secrecy Rules from 2017

Luxembourg said on Tuesday it will drop its bank secrecy rules from 2017 in a move that marks a  breakthrough in global efforts to reduce tax evasion.

World » EU | October 14, 2014, Tuesday // 21:55

Catalonia Cancels Independence Referendum

Catalonia’s regional government has decided to call off the November referendum on independence from Spain.

World » EU | October 14, 2014, Tuesday // 08:38

Romanian President Says PM 'Was Secret Agent'

Romania's President Traian Basescu accused Prime Minister Victor Ponta of working for the the country's secret services between 1997 and 2001.

World » Southeast Europe | October 14, 2014, Tuesday // 15:41

Russia Calls on EU for New Approach to South Stream

Interests of the local population and businesses within the EU in the South Stream pipeline project should be taken into consideration, Russia's Foreign Minister Sergey Lavrov announced.

World » Russia | October 14, 2014, Tuesday // 14:02

Russia's Vladimir Zhirinovsky Calls Rosen Plevneliev 'Scoundrel', 'CIA Lackey'

Bulgaria's President Rosen Plevneliev is “a scoundrel and a lackey of the CIA”, said the leader of Russia's Liberal Democratic Party Vladimir Zhirinovsky for a show on Rossia 1 TV channel.

World » Russia | October 14, 2014, Tuesday // 12:42

Stepan Poltorak Appointed Ukraine Defense Minister

Ukraine's Parliament has approved Stepan Poltorak to take over the Defense Ministry from Valeriy Heletey.

World » Ukraine | October 14, 2014, Tuesday // 15:18

Novinite Insider

Osman Oktai: DPS’ ‘Unconditional Support’ Comes With Strings Attached

There is no such thing like ‘unconditional support’ in politics, one of the founders of  mainly ethnic Turk party Movement for Rights and Freedoms (DPS) has said.

Novinite Insider » Opinions | October 14, 2014, Tuesday // 17:31
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