ARCHIVE - 20 October 2014

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Business

Employment Agency Director Decries Inefficiency of Job Schemes

Asen Angelov, Executive Director of Bulgaria’s Employment Agency, has underscored the inefficiency of labor market policy, drawing attention to the fact that they have remained unchanged for over eight years and have only had a temporary effect.

Business | October 20, 2014, Monday // 17:41

President Plevneliev to Open 10th World Meeting of Bulgarian Media

Bulgaria's President Rosen Plevneliev will open the 10th World Meeting of Bulgarian Media at the Central Military Club in Sofia, Monday.

Business | October 20, 2014, Monday // 10:38

Conservators at Bulgaria’s Corpbank Submit Audit Report

The conservators at Corporate Commercial Bank (Corpbank, KTB) have submitted to the Bulgarian National Bank (BNB) the audit of the financial institution.

Business » Finance | October 20, 2014, Monday // 19:26

Finance Ministry Reopens 10.5-Year Issue of BGN-Denominated Govt Securities

Bulgaria’s Finance Ministry reopened the 10.5 year issue of Government Securities (GS) issued on 15 January 2014 with maturity 15 July 2024.

Business » Finance | October 20, 2014, Monday // 18:53

Tsvetan Vasilev: BNB Not Willing to Discuss Options to Restructure Corpbank

Bulgaria's central bank is resorting to "absurd" excuses to avoid carrying out its legal duties about Corporate Commercial Bank (Corpbank or KTB), its owner has said.

Business » Finance | October 20, 2014, Monday // 13:54

Kozloduy NPP Completes Planned Annual Overhaul of Unit 6

The planned annual overhaul of unit 6 of Bulgaria’s Kozloduy nuclear power plant has been completed and it has been reconnected to the energy grid.

Business » Energy | October 20, 2014, Monday // 15:54

Bulgaria's Varna Registers Higher Revenues, Fewer Tourists in Summer 2014

Hotels in Bulgaria's Black Sea city of Varna have reported some BGN 163M revenue in the period June-August, according to data released by the regional statistical office.

Business » Tourism | October 20, 2014, Monday // 11:34

Politics

Bulgaria’s President: New Elections Are Not an Option

Bulgaria needs a functioning Parliament and a government elected by it, according to President Rosen Plevneliev.

Politics » Domestic | October 20, 2014, Monday // 16:32

Bulgaria's GERB to Hold New Gov't Talks with Four Parties

Center-right party GERB is to hold another round of negotiations with four parliamentary parties this week, its leader Boyko Borisov said.

Politics » Domestic | October 20, 2014, Monday // 15:17

GERB Starts Closed-Door Meeting to Discuss Gov't Options

A session of conservative GERB party's officials is being held behind closed doors in the Bulgarian capital Sofia on Monday.

Politics » Domestic | October 20, 2014, Monday // 12:50

ABV’s Kalfin Says GERB-BSP Coalition Could Provide Stability

Bulgaria needs to have a stable government coalition that will place state interests above those of political parties, a leading member of left-wing ABV movement said on Monday.

Politics » Domestic | October 20, 2014, Monday // 10:33

Society

Road Agency Chief Warns of Shortage of Funds for Winter Maintenance

As Bulgaria braces for the first snowfall scheduled for Friday, the Road Infrastructure Agency warns about the shortage of funds for seasonal road maintenance.

Society | October 20, 2014, Monday // 21:09

8,000 New Jobs Created in Bulgaria Under Employment Project

A total of 8,000 new jobs will be financed under an employment project as the first framework contracts with employers are already signed, Bulgaria's National Employment Agency announced.

Society | October 20, 2014, Monday // 13:27

Two Syrian Children Detained in Bulgaria’s Veliko Tarnovo

Two Syrian children were detained at a gas station in Bulgaria’s town of Veliko Tarnovo.

Society | October 20, 2014, Monday // 08:22

Crime

Court Issues Life Sentence for Ghastly Murder in Sofia Park

Nikolay Rusinov has been sentenced to life imprisonment for the murder of 28-year-old Yana Krasteva in Sofia in 2011.

Crime | October 20, 2014, Monday // 18:26

Smiles

Relativity

"When you are courting a nice girl an hour seems like a second.

Smiles | October 20, 2014, Monday // 16:40

Quotes

Today's Quote

"The people gave us a problem that even mathematicians cannot solve at the moment.

Quotes | October 20, 2014, Monday // 16:37

World

Turkey to Allow Iraqi Kurdish Fighters to Enter Syria To Defend Kobane

Turkey will allow Iraqi Kurdish fighters to cross into Syria to fight Islamic State militants, Turkish Foreign Minister Mevlut Cavusoglu said on Monday.

World | October 20, 2014, Monday // 14:59

US Drops Arms to Kurds Fighting IS Despite Turkish Warnings

Kurds fighting Islamic State (IS) in the Syrian town of Kobane have received US weapons and medical aid, the Pentagon says.

World | October 20, 2014, Monday // 12:25

Lufthansa Pilots to Start 8th Strike Since April

Pilots of German Lufthansa airlines have announced their plans on Sunday to start a 35-hour strike, Monday in their continuing dispute over retirement benefits.

World | October 20, 2014, Monday // 07:52

First Albanian PM Visit to Serbia in 70 Years Postponed

A trip of Albania's Prime Minister Edi Rama to Serbian capital Belgrade was put off for November after Rama spoke to Serbian counterpart Aleksandar Vucic, officials say.

World » Southeast Europe | October 20, 2014, Monday // 17:18

Chinese Corporation to Build Romanian Nuclear Reactors

China Cheneral Nuclear Power Corporation (CGN) has been selected as the investor to develop two units at the Cernavoda NPP, the Romanian state-owned energy utility Nuclearelectrica has said.

World » Southeast Europe | October 20, 2014, Monday // 14:45

Russia to Ban Import of Animal Fat, Meat Byproducts from EU

Russia will impose a temporary ban on imports of animal fat and meat byproduct from the European Union.

World » Russia | October 20, 2014, Monday // 19:52

Cooling of US-Russia Relations to Last Long Time - Russian FM

A long period of severing ties between Washington and Moscow should be expected amid attempts to solve the Ukraine crisis, Russian Foreign Minister Sergey Lavrov warned.

World » Russia | October 20, 2014, Monday // 16:25
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