ARCHIVE - 29 October 2014

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Business

Share Of Shadow Economy In Bulgaria Decreases – Employers
Modern Retail In Bulgaria Continues To Rise
Bulgaria’s Position in Doing Business 2015 Deteriorates
Interim Parliamentary Budget Committee Votes To Save KTB
Deliveries Of Russian Gas To Bulgaria Decrease
Inspectors Identify Fuel Quality Irregularities at 43% of Filling Stations in Bulgaria
Bulgaria’s Energy System Is Insufficiently Prepared for Alternative Supply - Expert
Bulgaria's Deputy EconMin Proposes Separate Tourism Ministry

Politics

Austria's President Heinz Fischer To Visit Bulgaria
New EU Food Label Requirements Come Into Effect In December
Bulgaria Increasingly Likely to Lose EUR 1.6B in EU Agriculture Funding
Bulgaria Should Brace for ‘Not Quite Positive’ EC Progress Report – Caretaker Minister
Government Negotiations Agony Extends Into Next Week
Interim PM Points Budget Overhaul as Only Way to Pay Back KTB Deposits
Borisov 'Almost Ready' to Form Gov't Alone, Calls PF 'Unacceptable'
Bulgaria’s Security Agency Awarded Extra BGN 250 000 to Handle Migration Flows
EPP Group Chairman Urges Formation of Center-Right Gov't
GERB Heads Bulgarian Parliament's Budget, Legal Affairs Committees
Three-Way Coalition Talks 'In Preparation' - Reformists' Co-Chair
President Plevneliev to Hold Consultations with Parliament Parties
RB's Radan Kanev, GERB Negotiators Hold Unexpected Meeting
Bulgaria’s Caretaker PM Boasts about Successful Term in Office of Govt
Bulgaria’s Parliament Holds 1st Regular Sitting

Sports

Grigor Dimitrov Beats Pablo Cuevas, Faces Andy Murray

Quotes

Today's Quote
Today's Quote

World

Hungary Rocked by Huge Protest over Controversial Internet Tax
Poland Denies Deploying Troops Near Ukraine

Business

Share Of Shadow Economy In Bulgaria Decreases – Employers

The share of shadow economy in Bulgaria's GDP has dropped from 42.2% in 2010 to 32.3% in 2014, shows a survey of the Bulgarian Industrial Capital Association (BICA).

Business | October 29, 2014, Wednesday // 17:38

Modern Retail In Bulgaria Continues To Rise

The modern retail outlets in Bulgaria continue to increase their market share, on the account of the small independent stores, shows a GfK survey, quoted by Dnevnik.

Business | October 29, 2014, Wednesday // 16:40

Bulgaria’s Position in Doing Business 2015 Deteriorates

Bulgaria ranks 38th out of 189 economies in the Doing Business 2015 report of the World Bank.

Business | October 29, 2014, Wednesday // 11:54

Interim Parliamentary Budget Committee Votes To Save KTB

The interim parliamentary budget committee approved amendments to the Credit Institutions Act, obligating Bulgaria's Central bank (BNB) to save banks whose capital becomes a negative quantity, reports the bTV national channel.

Business » Finance | October 29, 2014, Wednesday // 19:30

Deliveries Of Russian Gas To Bulgaria Decrease

The natural gas deliveries from Russia to Bulgaria have decreased, said caretaker Economy and Energy Minister Vasil Shtonov, quoted by the BNT public broadcaster.

Business » Energy | October 29, 2014, Wednesday // 20:30

Inspectors Identify Fuel Quality Irregularities at 43% of Filling Stations in Bulgaria

An inspection of Bulgaria’s State Agency for Metrology and Technical Supervision has revealed fuel quality irregularities at 43% of the filling stations.

Business » Energy | October 29, 2014, Wednesday // 13:28

Bulgaria’s Energy System Is Insufficiently Prepared for Alternative Supply - Expert

Valentin Terziyski, Deputy Chair of the chamber of energy workers at the Bulgarian Industrial Association (BIA), has drawn attention to the fact that the energy system is not fully prepared for alternative supply.

Business » Energy | October 29, 2014, Wednesday // 09:57

Bulgaria's Deputy EconMin Proposes Separate Tourism Ministry

A single Ministry of Tourism is necessary to secure the budget framework which the sector precisely needs, caretaker Deputy Economy and Energy Minister Branimir Botev believes.

Business » Tourism | October 29, 2014, Wednesday // 10:43

Politics

Austria's President Heinz Fischer To Visit Bulgaria

Austira's President Heinz Fischer will visit Bulgaria on October 30 and 31, upon the invitation of his Bulgarian counterpart Rosen Plevneliev, said Plevneliev's press office.

Politics » Diplomacy | October 29, 2014, Wednesday // 16:02

New EU Food Label Requirements Come Into Effect In December

As of December 13 the new EU Regulation 1169/2011 on the provision of food information to consumers comes into effect, reports the BGNES wire service.

Politics » Bulgaria in EU | October 29, 2014, Wednesday // 17:07

Bulgaria Increasingly Likely to Lose EUR 1.6B in EU Agriculture Funding

The risk of Bulgaria losing EUR 1.6 B in EU funding for agriculture has increased substantially due to the failure of the Agriculture Ministry to select an auditing authority for the payments made in the period October 16, 2013 – October 15, 2014.

Politics » Bulgaria in EU | October 29, 2014, Wednesday // 12:42

Bulgaria Should Brace for ‘Not Quite Positive’ EC Progress Report – Caretaker Minister

Caretaker Justice Minister Hristo Ivanov has cautioned that Bulgaria needs to prepare for a “not quite positive” progress report of the European Commission under the Co-operation and Verification Mechanism.

Politics » Bulgaria in EU | October 29, 2014, Wednesday // 07:43

Government Negotiations Agony Extends Into Next Week

GERB sets a deadline on Monday to the Reformist Bloc (RB) to make up its mind on the political formula of the next Bulgarian government.

Politics » Domestic | October 29, 2014, Wednesday // 18:41

Interim PM Points Budget Overhaul as Only Way to Pay Back KTB Deposits

Caretaker Prime Minister Georgi Bliznashki said Wednesday the update of 2014's budget would secure funding to allow depositors access to their savings at Corporate Commercial Bank (KTB).

Politics » Domestic | October 29, 2014, Wednesday // 15:43

Borisov 'Almost Ready' to Form Gov't Alone, Calls PF 'Unacceptable'

Center-right GERB is "nearly ready" to have a minority government on its own, leader Boyko Borisov declared after meeting European People's Party (EPP) Group head Joseph Daul.

Politics » Domestic | October 29, 2014, Wednesday // 13:51

Bulgaria’s Security Agency Awarded Extra BGN 250 000 to Handle Migration Flows

Bulgaria’s government has earmarked an additional sum of BGN 250 000 for activities of the State Agency for National Security (DANS).

Politics » Domestic | October 29, 2014, Wednesday // 13:48

EPP Group Chairman Urges Formation of Center-Right Gov't

European People's Party Group Chair Joseph Daul met leaders of conservative GERB party and right-wing Reformist Bloc, but also two parties to the left of the political spectrum.

Politics » Domestic | October 29, 2014, Wednesday // 13:32

GERB Heads Bulgarian Parliament's Budget, Legal Affairs Committees

Center-right GERB party, the biggest in Parliament, is to preside over the two temporary committees with the National Assembly formed Wednesday.

Politics » Domestic | October 29, 2014, Wednesday // 12:01

Three-Way Coalition Talks 'In Preparation' - Reformists' Co-Chair

A meeting between conservative GERB party, right-wing Reformist Bloc and nationalist Patriotic Front is currently being prepared, Radan Kanev from the RB has claimed.

Politics » Domestic | October 29, 2014, Wednesday // 11:19

President Plevneliev to Hold Consultations with Parliament Parties

Bulgaria's President Rosen Plevneliev is to hold meetings with all parties in Parliament, but will receive them in reverse order starting from the smallest one, his press office has said.

Politics » Domestic | October 29, 2014, Wednesday // 10:05

RB's Radan Kanev, GERB Negotiators Hold Unexpected Meeting

A surprising meeting was held Tuesday evening between Radan Kanev, co-Chairman of the Reformist Bloc, and members of GERB party's team tasked to carry out government consultations, sources say.

Politics » Domestic | October 29, 2014, Wednesday // 09:42

Bulgaria’s Caretaker PM Boasts about Successful Term in Office of Govt

Caretaker Prime Minister Georgi Bliznashki has insisted that Bulgaria’s caretaker government is about to complete a successful term in office.

Politics » Domestic | October 29, 2014, Wednesday // 08:51

Bulgaria’s Parliament Holds 1st Regular Sitting

Bulgaria’s new Parliament is to hold its first regular sitting on Wednesday.

Politics » Domestic | October 29, 2014, Wednesday // 08:13

Sports

Grigor Dimitrov Beats Pablo Cuevas, Faces Andy Murray

Bulgaria's most successful tennis player Grigor Dimitrov started with victory his participation in the BNP Paribas Masters tournament in Paris.

Sports | October 29, 2014, Wednesday // 20:08

Quotes

Today's Quote

"If the countries that joined the EU recently had remained outside the Union, Bulgaria and the Baltic states, for example, could have been in Ukraine's place now.

Quotes | October 29, 2014, Wednesday // 18:09

Today's Quote

"Imagine a queue of children, six-year-old, on a Bulgarian language exam.

Quotes | October 29, 2014, Wednesday // 13:57

World

Hungary Rocked by Huge Protest over Controversial Internet Tax

Tens of thousands of Hungarians flocked to the streets of the capital Budapest to protest plans of the government to levy the Internet.

World » EU | October 29, 2014, Wednesday // 14:55

Poland Denies Deploying Troops Near Ukraine

Polish Defense Minister Tomasz Siemoniak has dismissed Tuesday's media reports suggesting Warsaw was sending troops to the east of the country, close to its border with Ukraine.

World » EU | October 29, 2014, Wednesday // 11:48
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