ARCHIVE - 24 November 2014

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Business

Business In Bulgaria Pays Sixth Lowest Taxes In Europe - Survey
Bulgarian Industrial Association Slams Reintroduction Of Bank Deposit Tax
Bulgaria's Textile Industry Expects Further Growth
Finance Ministry Reopens 7-Year Issue of EUR-Denominated Govt Securities
Banks to Repay KTB Deposits Unveiled
Finance Minister Denies Reports of Ivan Iskrov's Appointment To Black Sea Trade and Development Bank
Sofia City Court To Hold First Hearing Of KTB Insolvency Case
Construction of South Stream Underwater Section to Start December 15
Israel 'to Offer Gas Pipeline Project' to EU
Bulgaria to Receive EUR 25 M in Kozloduy NPP Decommissioning Aid in 2015

Politics

Bulgaria’s Foreign Minister, Estonian Ambassador: EU’s Security Requires Solidarity, Unity
EU Commission to Go On with CVM Reports on Bulgaria, Romania
Romania Could Outpace Bulgaria in Schengen Accession - Deputy PM
Bulgarian Trade Union Seeks Minimum Wage Increase to BGN 400
KTB Majority Shareholder to Demand Int'l Expertise on Bank Insolvency
Bulgaria PM Renews Calls on C-Bank Governor to Resign
Coalition Partners to Negotiate over Controversial Appointment

Society

Bulgaria ex-IntMin Awarded for Response to Sarafovo Bus Bombing
Refugees in Bulgaria 'Segregated Like Roma'
Education Minister Labels Schoolbooks' Content as Powder Keg

Sports

Klitschko Hit Pulev With Force Equalling 450 Kg

Crime

Mayor of Bulgaria’s Nedelino Charged with Malfeasance in Office
Hundreds Of Bulgarians Set Up Home Drug Labs

Quotes

The Secret of Being a Good Football Coach
Comparing Roma and Kurds

World

US Defense Secretary Chuck Hagel 'Stepping Down'
French Jets Reinforce International Coalition Against IS
US Army to Stay in Poland and the Baltic States Through 2015
European Parliament To Discuss No-Confidence Motion Against Jean-Claude Juncker
Turkey President Says Women Not Equal to Men
Ukraine Could Prepare for EU, NATO at Least 6 Years - President
Lithuania to Supply Weaponry to Ukraine

Novinite Insider

Jonathan Allen: Bulgaria Needs Transparent Public Procurement, Predictable Business Environment
Ricardo Guerra: Brazil Cannot Count on China for Its Exports as Much as It Did

Business

Business In Bulgaria Pays Sixth Lowest Taxes In Europe - Survey

Bulgaria has the sixth lowest overall taxes for medium-size companies in EU and the European Free Trade Association (EFTA), shows the Paying Taxes 2015 survey of PriceWaterhouseCoopers among 189 economies worldwide.

Business | November 24, 2014, Monday // 12:51

Bulgarian Industrial Association Slams Reintroduction Of Bank Deposit Tax

The Bulgarian Industrial Association (BIA) criticised in an official statement the planned reintroduction of the 10% tax on bank deposits interest rates.

Business | November 24, 2014, Monday // 09:53

Bulgaria's Textile Industry Expects Further Growth

Bulgaria's textile industry is expecting further growth in 2014, reports Standart daily, quoting Radina Bankova, head of the Bulgarian Association of Producers and Exporters of Garments and Textile.

Business | November 24, 2014, Monday // 09:34

Finance Ministry Reopens 7-Year Issue of EUR-Denominated Govt Securities

Bulgaria’s Finance Ministry has reopened the 7 year issue of EUR denominated Government Securities (GS) issued on April 30, 2014 with maturity February 12, 2021.

Business » Finance | November 24, 2014, Monday // 20:26

Banks to Repay KTB Deposits Unveiled

Bulgaria's Bank Deposit Insurance Fund has announced the names of the nine banks to be in charge of reimbursing deposits at Corporate Commercial Bank (Corpbank or KTB) from December 4.

Business » Finance | November 24, 2014, Monday // 14:52

Finance Minister Denies Reports of Ivan Iskrov's Appointment To Black Sea Trade and Development Bank

Bulgaria's Finance Minister Vladislav Goranov denied the reports that Ivan Iskrov, Governor of Bulgaria's Central Bank (BNB), will be appointed representative of Bulgaria at the Thessaloniki-based Black Sea Trade and Development Bank (BSTDB).

Business » Finance | November 24, 2014, Monday // 08:56

Sofia City Court To Hold First Hearing Of KTB Insolvency Case

The Sofia City Court will hold its first session on the Corporate Commercial Bank (KTB) insolvency case on Monday.

Business » Finance | November 24, 2014, Monday // 07:20

Construction of South Stream Underwater Section to Start December 15

The launch of the construction works for the underwater section of the South Stream gas pipeline has been postponed by a month, according to a Gazprom official.

Business » Energy | November 24, 2014, Monday // 20:12

Israel 'to Offer Gas Pipeline Project' to EU

Israel has made a proposal under which its gas will be transited to the EU through a new pipeline, Israeli media outlets say.

Business » Energy | November 24, 2014, Monday // 17:50

Bulgaria to Receive EUR 25 M in Kozloduy NPP Decommissioning Aid in 2015

In 2015, Bulgaria will receive EUR 25 M in decommissioning aid for the Kozloduy nuclear power plant.

Business » Energy | November 24, 2014, Monday // 17:48

Politics

Bulgaria’s Foreign Minister, Estonian Ambassador: EU’s Security Requires Solidarity, Unity

Bulgarian Foreign Minister Daniel Mitov and Toomas Kukk, Ambassador of Estonia to Bulgaria, have agreed on the importance of a unified and solidarity-based approach of the EU to issues concerning it security.

Politics » Diplomacy | November 24, 2014, Monday // 21:10

EU Commission to Go On with CVM Reports on Bulgaria, Romania

The European Commission is intending to continue the monitoring reports prepared about Bulgaria and Romania, issuing a single document on a yearly basis, a spokesperson for the Commission has said.

Politics » Bulgaria in EU | November 24, 2014, Monday // 16:09

Romania Could Outpace Bulgaria in Schengen Accession - Deputy PM

Bulgarian Deputy Prime Minister Meglena Kuneva has warned the country should prepare for tough conclusions in the EU Commission's forthcoming report on justice and internal affairs.

Politics » Bulgaria in EU | November 24, 2014, Monday // 15:44

Bulgarian Trade Union Seeks Minimum Wage Increase to BGN 400

The Confederation of Independent Trade Unions in Bulgaria (CITUB) has demanded that retirement age remain unchanged in 2015.

Politics » Domestic | November 24, 2014, Monday // 18:59

KTB Majority Shareholder to Demand Int'l Expertise on Bank Insolvency

Bromak, the major shareholder at Corporate Commercial Bank (KTB), is to request an international report on whether the bank's capital is a negative equity, the company's lawyers said on Monday.

Politics » Domestic | November 24, 2014, Monday // 13:24

Bulgaria PM Renews Calls on C-Bank Governor to Resign

Prime Minister Boyko Borisov has demanded that Bulgarian National Bank (BNB) Governor Ivan Iskrov step down.

Politics » Domestic | November 24, 2014, Monday // 12:54

Coalition Partners to Negotiate over Controversial Appointment

The Reformist Block (RB) is to seek talks with the leader of the Patriotic Front (PF) Valeri Simeonov in an attempt to resolve the issue with the appointment of the Deputy Minister of Defence Orhan Ismailov.

Politics » Domestic | November 24, 2014, Monday // 10:36

Society

Bulgaria ex-IntMin Awarded for Response to Sarafovo Bus Bombing

Bulgaria's former Interior Minister Tsvetan Tsvetanov has received an award from Chabad, the world's largest Jewish organization, for his reactions in the aftermath of the 2012 Sarafovo terror attack, the ruling GERB party has said.

Society | November 24, 2014, Monday // 14:09

Refugees in Bulgaria 'Segregated Like Roma'

Refugees living in Bulgaria are segregated like the local Roma population and do not wish to learn Bulgarian, the Bulgarian Refugee Agency (DAB)'s Chairman Nikolay Chirpanliev has said.

Society | November 24, 2014, Monday // 12:35

Education Minister Labels Schoolbooks' Content as Powder Keg

The Minister of Education Todor Tanev has compared the content of the schoolbooks to that of a powder keg.

Society » Education | November 24, 2014, Monday // 13:05

Sports

Klitschko Hit Pulev With Force Equalling 450 Kg

Heavyweight world boxing champion Wladimir Klitschko hit contender Kubrat Pulev with a force equalling 450 kg in the third round of the boxing match between the two on November 15 in Hamburg, writes Bild.

Sports | November 24, 2014, Monday // 14:01

Crime

Mayor of Bulgaria’s Nedelino Charged with Malfeasance in Office

The anti-corruption unit of the Sofia City Prosecutor’s Office has pressed charges of malfeasance in office against Stoyan Beshirov, Mayor of the southern Bulgarian municipality of Nedelino.

Crime | November 24, 2014, Monday // 19:34

Hundreds Of Bulgarians Set Up Home Drug Labs

Hundreds of Bulgarians are setting up small-scale home drug labs or marijuana greenhouses, reports the 24 Chasa daily, quoting police sources.

Crime | November 24, 2014, Monday // 11:54

Quotes

The Secret of Being a Good Football Coach

"With me [as a coach] there is hierarchy.

Quotes | November 24, 2014, Monday // 15:12

Comparing Roma and Kurds

"Refugees living in Bulgaria are segregated like the local Roma population and do not wish to learn Bulgarian.

Quotes | November 24, 2014, Monday // 12:38

World

US Defense Secretary Chuck Hagel 'Stepping Down'

Chuck Hagel is to resign as US Defense Secretary, according to reports of US media outlets.

World | November 24, 2014, Monday // 17:17

French Jets Reinforce International Coalition Against IS

French Prime Minister Manuel Valls said on Sunday that French fighter jets are expected to arrive in Jordan and join operations against Islamic State (IS) in Iraq.

World | November 24, 2014, Monday // 15:24

US Army to Stay in Poland and the Baltic States Through 2015

The deployment of US troops and military equipment in Poland, Latvia, Lithuania and Estonia has been extended throughout 2015 in order to contain Russian aggression in the region.

World | November 24, 2014, Monday // 13:29

European Parliament To Discuss No-Confidence Motion Against Jean-Claude Juncker

The European Parliament will discuss on Monday the no-confidence motion against the European Commission President Jean-Claude Juncker.

World » EU | November 24, 2014, Monday // 08:13

Turkey President Says Women Not Equal to Men

"You cannot bring women and men into equal positions, that is against nature because their nature is different," Turkish President Recep Tayyip Erdogan has said.

World » Southeast Europe | November 24, 2014, Monday // 16:58

Ukraine Could Prepare for EU, NATO at Least 6 Years - President

Ukraine would need at least six years to prepare itself for accession into the European Union and NATO, the country's President Petro Poroshenko declared on Monday.

World » Ukraine | November 24, 2014, Monday // 16:39

Lithuania to Supply Weaponry to Ukraine

Lithuania is to supply Ukraine with military aid, the two countries' Presidents, Dailia Grybauskaite and Petro Poroshenko announced on Monday.

World » Ukraine | November 24, 2014, Monday // 15:20

Novinite Insider

Jonathan Allen: Bulgaria Needs Transparent Public Procurement, Predictable Business Environment

What major bilateral projects are currently in the making?

Novinite Insider » Diplomatic Channel | November 24, 2014, Monday // 17:28

Ricardo Guerra: Brazil Cannot Count on China for Its Exports as Much as It Did

The second party of Novinite.com's interview with Ricardo Guerra de Ar?ujo, Charg? d’Affaires at the Brazilian Embassy in Sofia, focused on the challenges and positioning in the global system nowadays.

Novinite Insider » Diplomatic Channel | November 24, 2014, Monday // 12:00
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