ARCHIVE - 8 July 2015

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Business

Oman 'Takes Legal Action' against Bulgaria over KTB - Reuters
Reuters: Bulgaria’s C-Bank Watching Lenders More Closely Amidst Greek Crisis
Bulgaria Gov't, Businesses, Trade Unions Propose Energy Law Changes
Wirtschaftsblatt: Bulgaria, the End of a Big Energy Dream
Illegal Coal Mining Challenges Bulgarian Energy Ministry
Bulgaria's Industrial Output Rises by 0.4% M/M in May
Bulgaria’s Varna Emerges as Top Budget Flight Foreign Destination for Russian Tourists

Politics

Bulgaria PM: I Pray to God that Sanctions on Russia May Be Revoked
Bulgarian President Affirms Cooperation with Kiev
Bulgaria's FM Dismisses Rumours of Torn Bulgarian Flags in Kiev
Oettinger Vows Oversight of Mobile Operators over End of Roaming Fees in EU in 2017
Bulgaria Reports 28.5% Rate of Implementation of Decentralization Measures under 2014 Plan
Bulgarian Police Detains 66 Illegal Immigrants in Downtown Sofia
New Referendum Law Reviewed in Bulgarian Parliament

Society

Code Yellow on Account of Dangerous Heat Waves
Born Free Foundation Appeals to Help Rescue Two Bulgarian Circus Lions

Sports

Grigor Dimitrov to Lead Bulgaria Against Luxembourg at Davis Cup

Crime

Bulgarian Criminal Group in London Smuggled BGN 1M Worth of Cash, Jewelry
Interim Mayor of Bulgaria’s Kuklen Charged with Bribery

Quotes

Today's Quote: Manfred Weber

World

Romania to Allocate EUR 100 M to SME Initiative
Russia Vetoes Srebrenica 'Genocide' Resolution
Greek Banks to Remain Shut Beyond Wednesday – Reuters
Serbian PM to Attend Commemoration of Srebrenica Massacre
Romanian PM Ponta to Resume Official Duties after Surgery
Greece Submits Formal Request for Eurozone Loan
Tsipras: We Will Have Detailed Proposals in the Next 2-3 Days
Russia 'to Start Building Own Mistral Ships' in 2020

Business

Oman 'Takes Legal Action' against Bulgaria over KTB - Reuters

The State General Rerve Fund (SGRF), Oman's biggest sovereign wealth fund, has launched legal action against the government of Bulgaria over the collapse of Corporate Commercial Bank (KTB), Reuters reported on Wednesday.

Business » Finance | July 8, 2015, Wednesday // 19:02

Reuters: Bulgaria’s C-Bank Watching Lenders More Closely Amidst Greek Crisis

Bulgaria’s central bank has asked local lenders to report on outgoing transfers twice a day, increasing its vigilance in view of the debt crisis in neighbouring Greece, Reuters reported on Tuesday, citing three banking sources.

Business » Finance | July 8, 2015, Wednesday // 13:37

Bulgaria Gov't, Businesses, Trade Unions Propose Energy Law Changes

Bulgarian business, labor unions and government officials have tabled new amendments to energy legislation which envisages state aid for industrial energy consumers.

Business » Energy | July 8, 2015, Wednesday // 17:56

Wirtschaftsblatt: Bulgaria, the End of a Big Energy Dream

Bulgaria will have to count on two prospective gas pipeline projects to secure to fulfill its recent dream and become a key player on the energy map, Austrian daily Wirtschaftsblatt says in an article.

Business » Energy | July 8, 2015, Wednesday // 16:46

Illegal Coal Mining Challenges Bulgarian Energy Ministry

People formerly employed in the mining industry and Roma people allegedly have been involved in illegal mining at the Mini Bobov Dol site, Presa Daily reported.

Business » Industry | July 8, 2015, Wednesday // 15:52

Bulgaria's Industrial Output Rises by 0.4% M/M in May

According to preliminary figures of the National Statistical Institute (NSI), which were released on Wednesday, the index of industrial production in May increased by 0.4 % compared to the previous month.

Business » Industry | July 8, 2015, Wednesday // 13:38

Bulgaria’s Varna Emerges as Top Budget Flight Foreign Destination for Russian Tourists

The Black Sea resorts of Varna, in Bulgaria, and Sochi, in Russia are the best budget flight destinations for Russian tourists who want to spend summer holidays with their children, TASS reported on Wednesday.

Business » Tourism | July 8, 2015, Wednesday // 17:55

Politics

Bulgaria PM: I Pray to God that Sanctions on Russia May Be Revoked

Bulgarian Prime Minister Boyko Borisov hopes sanctions on Russia will be lifted soon, TASS reports him as saying in an exclusive interview.

Politics | July 8, 2015, Wednesday // 18:32

Bulgarian President Affirms Cooperation with Kiev

Bulgaria will be more active in its solidarity towards compatriots n Ukraine, Bulgarian President Rosen Plevneliev stated following his talks with representatives of the Bulgarian community.

Politics » Diplomacy | July 8, 2015, Wednesday // 11:42

Bulgaria's FM Dismisses Rumours of Torn Bulgarian Flags in Kiev

Bulgarian Foreign Minister Daniel Mitov dismissed recent information about fifteen Bulgarian flags having been ripped in Kiev.

Politics » Diplomacy | July 8, 2015, Wednesday // 09:55

Oettinger Vows Oversight of Mobile Operators over End of Roaming Fees in EU in 2017

The European Commission will monitor the behavior of mobile operators in view of the planned abolition of roaming charges within the EU as of mid-2017, according to Gunther Oettinger, Commissioner for the Digital Economy and Society.

Politics » Bulgaria in EU | July 8, 2015, Wednesday // 08:37

Bulgaria Reports 28.5% Rate of Implementation of Decentralization Measures under 2014 Plan

A report on the implementation of decentralization measures in Bulgaria informs that the program for 2014 was 28.

Politics » Domestic | July 8, 2015, Wednesday // 11:25

Bulgarian Police Detains 66 Illegal Immigrants in Downtown Sofia

Bulgarian police officers detained 66 illegal immigrants in downtown Sofia on Monday evening.

Politics » Domestic | July 8, 2015, Wednesday // 10:49

New Referendum Law Reviewed in Bulgarian Parliament

Bulgarians will now be able to vote on referendums.

Politics » Domestic | July 8, 2015, Wednesday // 10:45

Society

Code Yellow on Account of Dangerous Heat Waves

Code yellow has been issued in 23 municipal regions of Bulgaria because of the heat wave expected Wednesday.

Society » Environment | July 8, 2015, Wednesday // 13:14

Born Free Foundation Appeals to Help Rescue Two Bulgarian Circus Lions

A UK-based international wildlife charity has invited donations for the relocation of two Bulgarian circus lions from life in a small cage to life in a sanctuary in Africa.

Society » Environment | July 8, 2015, Wednesday // 13:07

Sports

Grigor Dimitrov to Lead Bulgaria Against Luxembourg at Davis Cup

Bulgaria's top male tennis player Grigor Dimitrov will join the Bulgarian team for the Davis Cup matches against Luxembourg.

Sports | July 8, 2015, Wednesday // 11:58

Crime

Bulgarian Criminal Group in London Smuggled BGN 1M Worth of Cash, Jewelry

The Sofia City Prosecutor's Office has received a signal from competent authorities of the UK and Northern Ireland on account of an ongoing investigation.

Crime | July 8, 2015, Wednesday // 14:15

Interim Mayor of Bulgaria’s Kuklen Charged with Bribery

Kostadin Pavlov, Deputy Mayor and interim Mayor of the southern Bulgarian municipality of Kuklen, has been charged with bribery, trading in influence, and malfeasance.

Crime | July 8, 2015, Wednesday // 07:58

Quotes

Today's Quote: Manfred Weber

''We know what the situation is with people in Bulgaria,'' said German Christian Democratic politician Manfred Weber.

Quotes | July 8, 2015, Wednesday // 14:43

World

Romania to Allocate EUR 100 M to SME Initiative

Romania has decided to allocate EUR 100 M from the European Regional Development Fund (ERDF)  to the SME Initiative to help the country's small businesses get better access to finance.

World » EU | July 8, 2015, Wednesday // 15:34

Russia Vetoes Srebrenica 'Genocide' Resolution

The United Nations Security Council has failed to pass a resolution which would have called the 1995 massacre in Srebrenica as "genocide".

World » Southeast Europe | July 8, 2015, Wednesday // 19:34

Greek Banks to Remain Shut Beyond Wednesday – Reuters

Greece will extend its bank holiday later on Wednesday as the cash-strapped government in Athens struggles to strike a bailout deal with creditors, Reuters reported.

World » Southeast Europe | July 8, 2015, Wednesday // 16:25

Serbian PM to Attend Commemoration of Srebrenica Massacre

Serbian Prime Minister Aleksandar Vucic will attend the commemoration of the Srebrenica massacre, which is to take place on July 11.

World » Southeast Europe | July 8, 2015, Wednesday // 16:01

Romanian PM Ponta to Resume Official Duties after Surgery

Romanian Prime Minister Victor Ponta will resume his activity in his capacity as prime minister from Thursday.

World » Southeast Europe | July 8, 2015, Wednesday // 15:29

Greece Submits Formal Request for Eurozone Loan

Greece has submitted a formal request for a bailout loan from the special support fund of the eurozone - the European Stability Mechanism (ESM).

World » Southeast Europe | July 8, 2015, Wednesday // 14:18

Tsipras: We Will Have Detailed Proposals in the Next 2-3 Days

Greece will present a detailed list of its proposals to Eurozone countries in accordance with the decision made at the top-level meeting this week.

World » Southeast Europe | July 8, 2015, Wednesday // 12:25

Russia 'to Start Building Own Mistral Ships' in 2020

Russia will start construction of its own Mistral-class amphibious assault ships in 2020, a Defense Ministry source has told a Russian news website.

World » Russia | July 8, 2015, Wednesday // 20:41
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