ARCHIVE - 1 July 2015

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Business

WSJ: International Investors in Bulgaria’s KTB Demand Their Money Back
Bulgaria’s Government Debt Falls Slightly in May
Bulgaria’s Govt to Create Council Tasked with Eurozone Accession Preparations
Bulgaria Boasts BGN 850 M Budget Surplus in H1 2015
Bulgarian Government to Establish Energy Security Council

Politics

Bulgarian Cabinet Approves Negotiations for Purchase of New Fighter Jets
Bulgaria’s Counterterrorism Center to Start Collecting Data on Violent Extremism, Radicalization
14 US Tanks to Hold Military Trainings in Bulgaria
Bulgaria Gov't to Decide on Fighter Jets Acquisition
Bulgarian Parliament Passes Labor Code Amendments

Society

NGO Threatens to Sue Bulgaria over Forced Demolition of Homes in Roma District of Garmen
Bulgaria's Minimum Wage Goes Up
Two Bulgarian Ad Agencies Nominated in Cannes Lions Festival
Bulgaria, US to Create Commission on Safeguarding Cultural Heritage
Three-Day Jazz Festival to Take Over Sofia
Bulgaria’s PM: Hospitals Will Remain On No-Privatization List
Three Houses Collapsed in Pernik Following Illegal Mining Activities
Bulgaria’s Troyan Suffers Damages Following Floods

Sports

Bulgaria's Ludogorets Signs Captain of Romanian Football Champion
Bulgaria's Grigor Dimitrov Proceeds to Third Round of Wimbledon
Bulgaria's Sesil Karatancheva Defeated in First Round of Wimbledon

Crime

Bulgaria Police Detain 35 Migrants in Downtown Sofia

Views on BG

EUObserver: Bulgaria Eyes Greek Crisis Warily

Smiles

How to Cure Your Wife's Lost Voice

Quotes

Today's Quote: Boyko Borisov

World

Islamic State Fighters Reportedly Travelling in EU on Bulgarian Passports
CoE: Holding of Greek Referendum Would Not Satisfy International Standards
137 000 Migrants Crossed Mediterranean Sea into Europe in First Half of 2015
US, Cuba 'to Announce Reopening of Embassies'
Defiant Tsipras Urges Greeks to Vote ‘No’ in Bailout Referendum
Fitch Downgrades Greece to ‘CC’
Tsipras 'Ready to Accept' Lenders' Conditions
Greece 'Has Plan B' if Europe Refuses New Bailout
Greece to Submit New Bailout Proposal after Missing IMF Payment Deadline
Gazprom Confirms Halting Gas Deliveries to Ukraine
Ukraine Not Buying Russian Gas Anymore, Naftogaz Says

Business

WSJ: International Investors in Bulgaria’s KTB Demand Their Money Back

A group of international investors have filed a claim to recover some of the USD 172 M it says it is owed by Bulgaria’s collapsed Corporate Commercial Bank, or KTB, The Wall Street Journal reported on Wednesday.

Business » Finance | July 1, 2015, Wednesday // 20:58

Bulgaria’s Government Debt Falls Slightly in May

Bulgaria’s government debt decreased to EUR 12.

Business » Finance | July 1, 2015, Wednesday // 17:01

Bulgaria’s Govt to Create Council Tasked with Eurozone Accession Preparations

Bulgaria’s government is to consider a proposal for the creation of a special council tasked with preparing Bulgaria for eurozone accession at a regular meeting on July 1.

Business » Finance | July 1, 2015, Wednesday // 11:32

Bulgaria Boasts BGN 850 M Budget Surplus in H1 2015

Bulgaria will close the first half of 2015 with a budget surplus of around BGN 850 M, according to preliminary data of the Finance Ministry.

Business » Finance | July 1, 2015, Wednesday // 10:25

Bulgarian Government to Establish Energy Security Council

The Bulgarian government will establish an energy security council, which will coordinate the national policy in the energy sector and define the Bulgarian priorities within the framework of the European Energy Union.

Business » Energy | July 1, 2015, Wednesday // 13:54

Politics

Bulgarian Cabinet Approves Negotiations for Purchase of New Fighter Jets

The Bulgarian cabinet approved on Wednesday the country's participation in negotiations for the purchase of new fighter jets.

Politics » Defense | July 1, 2015, Wednesday // 12:59

Bulgaria’s Counterterrorism Center to Start Collecting Data on Violent Extremism, Radicalization

A draft decree of Bulgaria’s Council of Ministers envisages tasking the National Counterterrorism Center with the collection of data on violent extremism and radicalization.

Politics » Defense | July 1, 2015, Wednesday // 12:48

14 US Tanks to Hold Military Trainings in Bulgaria

Bulgaria will be hosting 14 US tanks for military training at the Novo Selo polygon, as stated by Bulgarian Defense Minister Nikolay Nenchev in an interview for bTV news Wednesday.

Politics » Defense | July 1, 2015, Wednesday // 10:31

Bulgaria Gov't to Decide on Fighter Jets Acquisition

The government is due to hold a session and decide whether or not to proceed with the acquisition of new multirole aircraft, after a June 30 deadline to work on a draft bill expired.

Politics » Defense | July 1, 2015, Wednesday // 08:45

Bulgarian Parliament Passes Labor Code Amendments

Bulgarian Parliament has approved the one day labor contracts specifically for seasonal agricultural work.

Politics » Domestic | July 1, 2015, Wednesday // 13:28

Society

NGO Threatens to Sue Bulgaria over Forced Demolition of Homes in Roma District of Garmen

The Bulgarian Helsinki Committee (BHC) has opposed the forced demolition of buildings and homes in the Roma neighborhood of the southwestern Bulgarian village of Garmen.

Society | July 1, 2015, Wednesday // 16:13

Bulgaria's Minimum Wage Goes Up

The national minimum wage in Bulgaria is BGN 380 as of July 1, up from BGN 360.

Society | July 1, 2015, Wednesday // 08:20

Two Bulgarian Ad Agencies Nominated in Cannes Lions Festival

The ad campaign Yoga Hangers by Noble Graphics that was dedicated to the yoga clothing brand Omnitom has been the first Bulgarian project nominated to compete in what is considered to be the biggest advertising festival in the world – Cannes Lions, Capita

Society » Culture | July 1, 2015, Wednesday // 15:52

Bulgaria, US to Create Commission on Safeguarding Cultural Heritage

The Bulgarian branch of ICOMOS and the US Embassy to Sofia announced their plans for the establishment of bilateral Bulgarian-US commission on safeguarding the cultural heritage of the country.

Society » Culture | July 1, 2015, Wednesday // 15:05

Three-Day Jazz Festival to Take Over Sofia

The A to JazZ Fest will gather the audience across Sofia for the fifth time.

Society » Culture | July 1, 2015, Wednesday // 12:55

Bulgaria’s PM: Hospitals Will Remain On No-Privatization List

Bulgarian Prime Minister Boyko Borisov has vowed that Health Minister Petar Moskov will withdraw a set of legal amendments paving the way for the privatization of hospitals.

Society » Health | July 1, 2015, Wednesday // 14:04

Three Houses Collapsed in Pernik Following Illegal Mining Activities

Three houses fell through the illegal coal mining sites in the Pernik neighborhood Rudnichar Wednesday.

Society » Incidents | July 1, 2015, Wednesday // 14:54

Bulgaria’s Troyan Suffers Damages Following Floods

A house was demolished on account of the prolific rain in Troyan Tuesday.

Society » Incidents | July 1, 2015, Wednesday // 11:44

Sports

Bulgaria's Ludogorets Signs Captain of Romanian Football Champion

Bulgaria's reigning football champion signed a two-year contract with the captain of Steaua Bucuresti – Andrei Prepelita.

Sports | July 1, 2015, Wednesday // 17:34

Bulgaria's Grigor Dimitrov Proceeds to Third Round of Wimbledon

Bulgaria's top male tennis player Grigor Dimitrov proceeded to the third round of Wimbledon after recording a second victory in the tournament on Wednesday.

Sports | July 1, 2015, Wednesday // 16:39

Bulgaria's Sesil Karatancheva Defeated in First Round of Wimbledon

Bulgaria's female tennis player Sesil Karatanchev concluded her participation in Wimbledon after suffering a defeat in the first round of the tournament.

Sports | July 1, 2015, Wednesday // 11:45

Crime

Bulgaria Police Detain 35 Migrants in Downtown Sofia

Police officers have detained 35 migrants in the downtown area of Bulgaria's capital Sofia, private bTV station reports.

Crime | July 1, 2015, Wednesday // 10:16

Views on BG

EUObserver: Bulgaria Eyes Greek Crisis Warily

Bulgaria is watching the crisis in neighboring Greece "through wary eyes," Brussels-based EUObserver writes.

Views on BG | July 1, 2015, Wednesday // 07:56

Smiles

How to Cure Your Wife's Lost Voice

A man complains to a friend, who is a doctor:"My wife lost her voice.

Smiles | July 1, 2015, Wednesday // 08:09

Quotes

Today's Quote: Boyko Borisov

‘’Bulgarian customs offices are doing very well,’’ said Prime Minister Boiko Borisov in a statement Wednesday.

Quotes | July 1, 2015, Wednesday // 14:24

World

Islamic State Fighters Reportedly Travelling in EU on Bulgarian Passports

An article in German newspaper Die Welt claims that a Bulgaria-based cell of Islamic State is supplying jihadist militants with Bulgarian passports that allow them to travel freely in the European Union, Sofia-based 24 Chasa reported on Wednesday.

World | July 1, 2015, Wednesday // 21:51

CoE: Holding of Greek Referendum Would Not Satisfy International Standards

Council of Europe (CoE) Secretary General Thorbjorn Jagland announced that a Greek referendum would fall short of international standards if held as planned on Sunday

World | July 1, 2015, Wednesday // 15:54

137 000 Migrants Crossed Mediterranean Sea into Europe in First Half of 2015

According to the latest report of UNHCR, which was released on Wednesday, 137 000 crossed the Mediterranean Sea into Europe in the first half of 2015.

World | July 1, 2015, Wednesday // 12:17

US, Cuba 'to Announce Reopening of Embassies'

The US and Cuba are to announce on Wednesday a move to reopen diplomatic missions in each other's capitals for the first time in over 50 years, international media outlets report.

World | July 1, 2015, Wednesday // 05:20

Defiant Tsipras Urges Greeks to Vote ‘No’ in Bailout Referendum

Prime Minister Alexis Tsipras on Wednesday called on Greeks to vote ‘No’ in Sunday’s referendum on the conditions of bailout assistance proposed by international creditors.

World » Southeast Europe | July 1, 2015, Wednesday // 18:18

Fitch Downgrades Greece to ‘CC’

Fitch Ratings has downgraded Greece's long-term foreign and local currency Issuer Default Ratings by one notch to 'CC' from 'CCC'.

World » Southeast Europe | July 1, 2015, Wednesday // 15:54

Tsipras 'Ready to Accept' Lenders' Conditions

Greek Prime Minister Alexis Tsipras has reportedly said his country is prepared to accept conditions offered by lenders with only a few changes, the FT claims.

World » Southeast Europe | July 1, 2015, Wednesday // 12:13

Greece 'Has Plan B' if Europe Refuses New Bailout

Athens has drafted a "Plan B" in case the Eurozone turns down the latest bailout request of PM Alexis Tsipras, Greek Energy Minister Panagiotis Lafazanis has said.

World » Southeast Europe | July 1, 2015, Wednesday // 09:54

Greece to Submit New Bailout Proposal after Missing IMF Payment Deadline

Greece missed early on Wednesday local time its deadline to pay a EUR 1.6 B loan installment to the International Monetary Fund (IMF).

World » Southeast Europe | July 1, 2015, Wednesday // 07:27

Gazprom Confirms Halting Gas Deliveries to Ukraine

Gazprom halted gas deliveries to Ukraine on Wednesday and said it won’t resume supplies until Kiev makes a pre-payment.

World » Russia | July 1, 2015, Wednesday // 17:52

Ukraine Not Buying Russian Gas Anymore, Naftogaz Says

Ukraine's state-owned utility Naftogaz has said it will stop purchasing gas from Russian energy giant Gazprom as of July 1, until a pricing dispute has been settled.

World » Ukraine | July 1, 2015, Wednesday // 09:30
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