ARCHIVE - 12 December 2014

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Business

CPC Fines IKEA Bulgaria For Misleading Advertising

Bulgaria’s Commission for Protection of Competition (CPC) fined House Market Bulgaria AD, holder of the IKEA retail brand, with BGN 347 505 for misleading advertising, said the anti-monopoly watchdog.

Business | December 12, 2014, Friday // 16:08

Bulgaria's Tobacco Producers Stage Further Protests

Tobacco producers from the Bulgarian district of Gotse Delchev are to protest on Friday and Saturday against the delayed purchase campaign and the low purchase prices of this year's harvest.

Business | December 12, 2014, Friday // 14:44

Walltopia to Invest BGN 12 M in Sofia Tech Park

Bulgarian world-leading manufacturer of climbing walls Walltopia has announced an investment of BGN 12 M into Sofia Tech Park.

Business | December 12, 2014, Friday // 08:20

Standard & Poor's Downgrades Bulgaria to 'Junk' Status

Credit ratings agency Standard & Poor's cut Bulgaria’s sovereign credit ratingto BB+ from BBB- with a stable outlook.

Business » Finance | December 12, 2014, Friday // 21:02

Bulgarian Development Bank Conducts Top-Level Reshuffle

The Supervisory Board of the Bulgarian Development Bank (BDB) has conducted a top-level reshuffle.

Business » Finance | December 12, 2014, Friday // 18:56

Bulgarian Parliament OKs EUR 1.5 B Bridge Loan

Lawmakers have given the thumbs up on a six-month bridge loan worth BGN 3 B (EUR 1.

Business » Finance | December 12, 2014, Friday // 12:32

Bulgaria's Victoria Bank Opens Friday

Commercial Bank Victoria EAD is opening on Friday, December 12, following nearly half a year of conservatorship.

Business » Finance | December 12, 2014, Friday // 07:40

Bulgaria Sends Gas Hub Proposal to European Commission

Bulgaria has sent to the European Commission an official proposal for the construction of a gas hub on the territory of the country.

Business » Energy | December 12, 2014, Friday // 17:13

Bulgaria’s Energy Watchdog Serves Corporate Interests – Ex Minister

Dragomir Stoynev, MP from the Bulgarian Socialist Party (BSP) and former Energy Minister, has accused the Chair of the State Commission for Energy and Water Regulation (DKEVR) of protecting the interests of power distributors.

Business » Energy | December 12, 2014, Friday // 16:02

Ski Legend Girardelli to Advise Bulgaria’s Tourism Minister

Ski racing legend Marc Girardelli will be advisor to Bulgaria’s Tourism Minister Nikolina Angelkova.

Business » Tourism | December 12, 2014, Friday // 20:15

Politics

Bulgaria Has Lowest Consumption Per Capita in EU – Eurostat

Bulgaria has the lowest consumption per capita among the 28 member states of the European Union.

Politics » Bulgaria in EU | December 12, 2014, Friday // 12:54

Society

Bulgarians Use Internet For Communications, Finding Information

The Bulgarians use the internet mostly for communications and finding of information, shows a survey of the National Statistics Institute (NSI).

Society | December 12, 2014, Friday // 16:40

Crime

7 Bulgarian Nationals, 1 Czech Citizen Detained in Drug Bust

8 people have been detained for the unlawful production and distribution of drugs in a joint operation of Bulgaria’s State Agency for National Security (DANS) and the Czech authorities.

Crime | December 12, 2014, Friday // 18:08

Bulgaria's Police Arrests Man For False Robbery Claim

The police in Bulgaria's town of Nikopol arrested a man who claimed armed robbers stole BGN 14 000 from his truck, reports Dnevnik.

Crime | December 12, 2014, Friday // 17:40

Sofia Video Surveillance 'Switched Off for Months'

The CCTV system monitoring traffic on Sofia's main streets and venues has not been properly functioning for months, an investigative journalist has argued.

Crime | December 12, 2014, Friday // 09:31

Views on BG

BBC: Bulgaria Picks Up Pieces of Cancelled Russian Pipe

Bulgaria is facing a decision about what to do with pipes of South Stream left useless after the project was abandoned, the BBC reveals in a special report from the country's "maritime capital" Varna.

Views on BG | December 12, 2014, Friday // 08:47

World

CIA Director Defends Interrogation Techniques, Bypasses Issue of Torture

The director of the Central Intelligence Agency (CIA) John O. Brennan defended on Thursday CIA officers who had been accused of using brutal interrogation tactics against al-Qaeda suspects.

World | December 12, 2014, Friday // 11:03

Bulgarian PM, German Chancellor to Meet, Discuss Energy Matters

The Bulgarian Prime Minister Boyko Borisov is to meet the German Chancellor Angela Merkel at a meeting scheduled for December 15 in Germany.

World » EU | December 12, 2014, Friday // 15:58

Serbia to Launch Tender for Privatization of Telekom Srbija in early 2015

A tender for the privatization of the state-owned Telekom Srbija will be announced at the beginning of 2015, according to state-owned broadcaster Radio-Television Serbia (RTS).

World » Southeast Europe | December 12, 2014, Friday // 19:34

Gunfire near Israel's Embassy in Athens

Greek police are looking into a shooting near the Israeli embassy in the Greek capital Athens.

World » Southeast Europe | December 12, 2014, Friday // 10:36

TAP Gas Project's Capacity 'to be Doubled'

Shareholders in the Trans Adriatic Pipeline designed to carry gas from Azerbaijan to Europe via Turkey and Greece, are working to double its capacity, a Greek daily reports.

World » Southeast Europe | December 12, 2014, Friday // 10:06

Turkish President Intends to Chair Meetings of Cabinet in 2015

Turkish President Recep Erdogan will begin chairing the meetings of the government next year.

World » Southeast Europe | December 12, 2014, Friday // 10:03

Russia Does Not Need French Mistral Ships – Russian Official

Russia does not need helicopter carriers of the Mistral type, because it doesn't seem very likely to land any troops, said the first deputy chief of the Marine College with the Russian government Segey Shishkaryov.

World » Russia | December 12, 2014, Friday // 17:02

Ukraine President Says 'Real Ceasefire' Being Upheld

Ukrainian President Petro Poroshenko has asserted a "real ceasefire" which entered into force on Tuesday is now being observed.

World » Ukraine | December 12, 2014, Friday // 07:59
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