ARCHIVE - 4 November 2014

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Business

Majority Stake in Bulgarian Internet portal Dir.bg Sold for BGN 6.2 M
Bank Proceeds In Bulgaria Continue To Drop, System Remains Profitable
EU Commission Asks Hungary to Explain Change to Energy Law
Bulgaria’s Bansko Ranks As Best-Value European Skiing Spot - Survey

Politics

EU Bank Watchdog Head Says Bulgaria Has Not Yet Applied to Join
EU Commission Forecasts “Subdued Growth Amid Rising Uncertainty” for Bulgaria  
Patriotic Front Refuses to Back GERB-RB Government Program
ABV Yet to Decide on Having Minister in Bulgaria's Government
DPS Leader: We Will Not Back Bulgaria's 'Anti-Nato, Anti-EU' Gov't
Government Lineup Takes Shape
Bulgaria's Socialist MPs Instructed to Thumb Down on Gov't
Draft Lineup Of Bulgaria's New Government Being Discussed, Media Speculation Rife
Reformist Bloc Co-Chair Ready to Become Bulgaria’s Prime Minister
Reformist Bloc to Present Ministerial Nominees to GERB Party

Society

Bulgaria's Border Police Returns Guard Dogs At Bulgarian-Turkish Border
Sofia City Hall To Rent Out City Bicycles From 2015
Cost of Living of Family with 2 Children in Bulgaria Increases to BGN 2280
'Early Bird' Festival For Student Film Starts In Sofia
Man Sets Himself Ablaze in Bulgaria's Sandanski

Sports

Ludogorets Defeated by Basel 4:0 after Top Player Leaves Pitch

Crime

7 Bulgarian Customs Officials Charged with Bribe-Taking
3 Bulgarians Arrested in Cyprus over Suspected Assassination Plots

Quotes

Today's Quote

World

Albania Secures USD 150 M Loan from World Bank for Power Sector Recovery
EU's GDP to Grow Only Slowly Until 2016
EU Migration Commissioner Seeks Urgent Measures against Irregular Migration
Turkey's New Presidential Palace Costs USD 0.6 B - FinMin
Greek PM Samaras Rules Out Early Elections

Letters to the Editor

Bondholders of KTB Urge Bulgaria Parliament to Reconsider Rescue Plan

Business

Majority Stake in Bulgarian Internet portal Dir.bg Sold for BGN 6.2 M

The majority shareholder of Bulgarian Internet portal Dir.bg has accepted a proposal for the sale of the majority stake for BGN 6.2 M to Logo Company EOOD.

Business | November 4, 2014, Tuesday // 09:10

Bank Proceeds In Bulgaria Continue To Drop, System Remains Profitable

The profits of Bulgaria's banks in September continues to drop, shows data for Q3 2014 of the Central bank (BNB).

Business » Finance | November 4, 2014, Tuesday // 13:10

EU Commission Asks Hungary to Explain Change to Energy Law

The European Commission has demanded that Budapest give its account about a legal amendment that Brussels believes is related to the construction of South Stream.

Business » Energy | November 4, 2014, Tuesday // 19:16

Bulgaria’s Bansko Ranks As Best-Value European Skiing Spot - Survey

Bulgaria’s Bansko is offering the best value to Britons looking for a family week away skiing this winter, a new survey has shown.

Business » Tourism | November 4, 2014, Tuesday // 12:43

Politics

EU Bank Watchdog Head Says Bulgaria Has Not Yet Applied to Join

The Single Supervisory Mechanism (SSM) has not received a notice from Bulgaria saying it would like to be part of it, its head Dani?le Nouy told MEPs on Tuesday.

Politics » Bulgaria in EU | November 4, 2014, Tuesday // 19:56

EU Commission Forecasts “Subdued Growth Amid Rising Uncertainty” for Bulgaria  

Bulgaria will experience with “subdued growth amid rising uncertainty” over the next two years, the European Commission said in its autumn economic forecasts on Tuesday.

Politics » Bulgaria in EU | November 4, 2014, Tuesday // 14:27

Patriotic Front Refuses to Back GERB-RB Government Program

The nationalist coalition Patriotic Front (PF) which earlier said it would support a minority coalition between GERB and the Reformist Bloc (RB) has said it cannot approve the document.

Politics » Domestic | November 4, 2014, Tuesday // 22:25

ABV Yet to Decide on Having Minister in Bulgaria's Government

Left-wing Alternative for Bulgarian Revival (ABV) has not yet decided whether to participate in the next Bulgarian cabinet, ABV parliament group's Chairman Ivaylo Kalfin revealed Tuesday.

Politics » Domestic | November 4, 2014, Tuesday // 21:40

DPS Leader: We Will Not Back Bulgaria's 'Anti-Nato, Anti-EU' Gov't

The Movement for Rights and Freedoms (DPS) will be a determined opposition to a government that depends on the Patriotic Front, the party's leader Lyutvi Mestan said Tuesday.

Politics » Domestic | November 4, 2014, Tuesday // 18:03

Government Lineup Takes Shape

Amid rife media speculation on the lineup of the next government of Bulgaria, the website Dnevnik.bg publishes a tentative list of names, for which it got confirmation both from GERB and the Reformist Block (RB).

Politics » Domestic | November 4, 2014, Tuesday // 17:56

Bulgaria's Socialist MPs Instructed to Thumb Down on Gov't

The leadership of the Bulgarian Socialist Party (BSP) has formally recommended lawmakers from the party to vote against the new government when names are to be put forward for a motion in Parliament.

Politics » Domestic | November 4, 2014, Tuesday // 17:31

Draft Lineup Of Bulgaria's New Government Being Discussed, Media Speculation Rife

Bulgaria’s Reformist Bloc said on Tuesday it has supported the option of a coalition government with GERB leader Boyko Borisov as prime minister.

Politics » Domestic | November 4, 2014, Tuesday // 16:19

Reformist Bloc Co-Chair Ready to Become Bulgaria’s Prime Minister

Radan Kanev, Co-Chair of right-wing formation the Reformist Bloc, has announced he would accept an offer to become Prime Minister as long as he has the support of the party and of his family.

Politics » Domestic | November 4, 2014, Tuesday // 11:22

Reformist Bloc to Present Ministerial Nominees to GERB Party

Center-right party GERB (Citizens for European Development of Bulgaria) and right-wing formation the Reformist Bloc continue talks on forming a government talks on Tuesday.

Politics » Domestic | November 4, 2014, Tuesday // 08:10

Society

Bulgaria's Border Police Returns Guard Dogs At Bulgarian-Turkish Border

Bulgaria's Interior Ministry said it brings back to service the guard dogs at the Bulgarian-Turkish border, reports the 24 Chasa daily.

Society | November 4, 2014, Tuesday // 16:14

Sofia City Hall To Rent Out City Bicycles From 2015

Sofia city hall is implementing a project for offering bicycles for rent from 2015, reports Pressa daily.

Society | November 4, 2014, Tuesday // 14:22

Cost of Living of Family with 2 Children in Bulgaria Increases to BGN 2280

The increase in power prices will increase the cost of living in Bulgaria after a series of gradual decreases in 2013.

Society | November 4, 2014, Tuesday // 12:35

'Early Bird' Festival For Student Film Starts In Sofia

The tenth edition of the “Early Bird” international festival for student films starts in Sofia on November 6.

Society » Culture | November 4, 2014, Tuesday // 18:35

Man Sets Himself Ablaze in Bulgaria's Sandanski

The life of a 48-year-old is in danger after the second self-immolation in Bulgaria within slightly over 24 hours, officials say.

Society » Incidents | November 4, 2014, Tuesday // 18:35

Sports

Ludogorets Defeated by Basel 4:0 after Top Player Leaves Pitch

Bulgaria's Ludogorets lost to FC Basel in its second Champions League match against the team played in Switzerland.

Sports | November 4, 2014, Tuesday // 21:54

Crime

7 Bulgarian Customs Officials Charged with Bribe-Taking

Seven customs officials have been charged with participating in an organized crime group involved in bribe-taking at the Lesovo border crossing point, according to Deputy Chief Prosecutor Borislav Sarafov.

Crime | November 4, 2014, Tuesday // 10:22

3 Bulgarians Arrested in Cyprus over Suspected Assassination Plots

Three Bulgarian nationals have been arrested in Cyprus on suspicion of coming to the island to carry out assassinations.

Crime | November 4, 2014, Tuesday // 07:39

Quotes

Today's Quote

"In Bulgaria political realities are not evaluated from the point of view of the political action's content, but from [that] of the political subject.

Quotes | November 4, 2014, Tuesday // 18:11

World

Albania Secures USD 150 M Loan from World Bank for Power Sector Recovery

The Albanian government has signed an agreement with the World Bank on a loan of USD 150 M.

World | November 4, 2014, Tuesday // 13:18

EU's GDP to Grow Only Slowly Until 2016

Economic growth for the rest of 2014 in both the EU and the euro area will be weak, the European Commission said on Tuesday.

World » EU | November 4, 2014, Tuesday // 14:57

EU Migration Commissioner Seeks Urgent Measures against Irregular Migration

Dimitris Avramopoulos, EU Commissioner for Migration, Home Affairs and Citizenship, has underscored the need for urgent measures in the sphere of irregular migration.

World » EU | November 4, 2014, Tuesday // 08:35

Turkey's New Presidential Palace Costs USD 0.6 B - FinMin

About USD 615 M have been earmarked so far on the construction of Ak Saray, Turkey's impressive presidential palace, the country's Finance Minister Mehmet ?im?ek announced.

World » Southeast Europe | November 4, 2014, Tuesday // 21:19

Greek PM Samaras Rules Out Early Elections

Greece’s Prime Minister Antonis Samaras has rejected calls for early elections by the leader of opposition radical leftist party Syriza Alexis Tsipras.

World » Southeast Europe | November 4, 2014, Tuesday // 11:20

Letters to the Editor

Bondholders of KTB Urge Bulgaria Parliament to Reconsider Rescue Plan

International bondholders of Corporate Commercial Bank (KTB) have urged Bulgaria’s Parliament to reconsider the proposal to rescue the troubled bank delivered by the Omani sovereign wealth fund last week.

Letters to the Editor | November 4, 2014, Tuesday // 09:48
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