ARCHIVE - 9 July 2015

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Business

Bulgaria-EU Trade Records Growth in January-April
Greek Banks in Bulgaria Are Under Control, Economy Minister Says
Bulgaria Has to Step up Banking Supervision - Candidate for New BNB Chief Radev
Bulgaria Needs to Join SSM - Nominee for BNB Chief Manolov
Bulgaria's C-Bank Head Nominees to Be Heard in Parliament
Gazprom Cancels Turkish Stream Pipeline Contract with Italy’s Saipem
Bulgaria's Renewable Energy Producers Warn Against New Planned Fees

Politics

President of Montenegro Arrives in Bulgaria on 2-Day Visit
Defence Minister: Nine of Bulgaria's MiG-29 Fighter Jets Need Repair
Bulgaria's Judicial Reform Debates Marked by Tension

Society

Bulgaria's National Gallery Square 500 Admits Visitors for Free Every Second Thursday
Kasabian With Greatest Hits, Classic Covers at Spirit of Burgas
Bulgarian-Greek Drama Enters Lux Prize Shortlist
Bulgarian Children Abandoned by Tour Firm While on Holiday in Spain

Sports

Bulgaria Drops Six Positions in FIFA World Ranking
Bulgarian Named Most Valuable Player of Greek Basket League

Views on BG

WSJ: Greek Crisis Hits Business in Border Towns in Neighbouring Bulgaria

Smiles

The Sower in the Rye

Quotes

Today's Quote: Sergey Lavrov
Today's Quote: Alexis Mitropoulos
Today's Quote: Mario Draghi

World

Turkey’s President Asks PM Davutoglu to Form New Government
Number of Syrian Refugees Surpasses Four Million – UN
German Chancellor Dismisses Option of Writing Off Greek Debt
EU Leaders to Discuss Refugee Distribution Scheme
EU Calls on Macedonian Leaders to Reach Compromise
Greece Getting Ready for EUR 12 B Reforms in 2 Years
Greece's New Reform Proposals Expected Thursday
Obama Administration Deems Grexit 'Geopolitical Mistake'
Romanian Prosecutors Seize Lukoil Assets Worth Up to EUR 2 B in Probe

Business

Bulgaria-EU Trade Records Growth in January-April

Between January and April, Bulgarian exports to the EU increased by 12.3 % compared to the same period in 2014.

Business | July 9, 2015, Thursday // 13:44

Greek Banks in Bulgaria Are Under Control, Economy Minister Says

There have been no record of losses incurred on account of the Greek crisis, so there should be no excessive dramatism on the topic.

Business | July 9, 2015, Thursday // 12:50

Bulgaria Has to Step up Banking Supervision - Candidate for New BNB Chief Radev

Strenghtening banking supervision and evaluation of banks’ assets are key to successful reform of Bulgaria’s banking sector, a nominee for a new chief of the country’s central bank has said.

Business » Finance | July 9, 2015, Thursday // 20:24

Bulgaria Needs to Join SSM - Nominee for BNB Chief Manolov

Bulgaria should keep its currency board system until adopting the euro, and join the EU’s Single Supervisory Mechanism (SSM) immediately after Bulgarian banks pass stress tests, a nominee for a new chief of the country's central bank said on Thursday.

Business » Finance | July 9, 2015, Thursday // 19:19

Bulgaria's C-Bank Head Nominees to Be Heard in Parliament

The budget and finance committee with the Bulgarian Parliament is due to hold on Thursday hearings of candidates to take over as Governors of the country's central bank.

Business » Finance | July 9, 2015, Thursday // 08:32

Gazprom Cancels Turkish Stream Pipeline Contract with Italy’s Saipem

Gazprom subsidiary South Stream Transport BV has suspended a contract with Italy’s Saipem SpA for the construction of the first line of the offshore section of the Turkish Stream gas pipeline.

Business » Energy | July 9, 2015, Thursday // 12:28

Bulgaria's Renewable Energy Producers Warn Against New Planned Fees

Amendments to the energy sector put forward by the government of Bulgaria contravene EU directives and the so-called Juncker Investment Plan, renewable energy producers say.

Business » Energy | July 9, 2015, Thursday // 07:37

Politics

President of Montenegro Arrives in Bulgaria on 2-Day Visit

President of Montenegro Filip Vujanovic arrives in Bulgaria Thursday for a two-day official visit at the invitation of his Bulgarian counterpart, Rosen Plevneliev.

Politics » Diplomacy | July 9, 2015, Thursday // 09:58

Defence Minister: Nine of Bulgaria's MiG-29 Fighter Jets Need Repair

Bulgarian Defence Minister Nikolay Nenchev said on Thursday that nine of the country's nineteen MiG-29 fighter jets need repair.

Politics » Defense | July 9, 2015, Thursday // 17:13

Bulgaria's Judicial Reform Debates Marked by Tension

The rhetoric exchanged between the executive, magistrates and prosecutors is sharpening amidst a debate on a judicial reform aimed at boosting the efficiency of the justice systems.

Politics » Domestic | July 9, 2015, Thursday // 14:09

Society

Bulgaria's National Gallery Square 500 Admits Visitors for Free Every Second Thursday

Bulgaria's recently opened National Gallery Square 500 announced that it will admit visitors free of charge every second Thursday of the month.

Society » Culture | July 9, 2015, Thursday // 16:08

Kasabian With Greatest Hits, Classic Covers at Spirit of Burgas

The British band Kasabian will be performing hits from their latest album 48:13 at the second night of the Spirit of Burgas music festival on August 8.

Society » Culture | July 9, 2015, Thursday // 13:55

Bulgarian-Greek Drama Enters Lux Prize Shortlist

The Lesson, a 2014 Bulgarian-Greek film, is among the ten works nominated to the Lux Prize at this year's edition of the Karlovy Vary International Film Festival.

Society » Culture | July 9, 2015, Thursday // 08:59

Bulgarian Children Abandoned by Tour Firm While on Holiday in Spain

A group of Bulgarian schoolchildren visiting Spain have been accommodated in a refugee center after being abandoned by the tour operator which brought them there, the public TV reports.

Society » Incidents | July 9, 2015, Thursday // 09:25

Sports

Bulgaria Drops Six Positions in FIFA World Ranking

The Bulgarian men's national football team dropped six positions in the latest FIFA/Coca-Cola World Ranking, which was released on Thursday.

Sports | July 9, 2015, Thursday // 13:01

Bulgarian Named Most Valuable Player of Greek Basket League

Bulgarian basketball player Aleksandar Vezenkov was named Most Valuable Player (MVP) of the Greek Basket League for the past season.

Sports | July 9, 2015, Thursday // 12:05

Views on BG

WSJ: Greek Crisis Hits Business in Border Towns in Neighbouring Bulgaria

The Greek debt crisis has sparked fears of contagion in neighboring countries and across Europe but in the Bulgarian town of Sandanski contagion is already real, reads an article in the Wall Street Journal.

Views on BG | July 9, 2015, Thursday // 16:18

Smiles

The Sower in the Rye

Somewhere in Greece, a tourists asks a local:"What is life here like?""Not quite good! You know, nothing grows here.

Smiles | July 9, 2015, Thursday // 10:36

Quotes

Today's Quote: Sergey Lavrov

''Russia is not interested in the fired up conflict between Greece and the EU, this is against Moscow's interests'' Russian Foreign Minister Sergey Lavrov said, as reported by TASS news agency.

Quotes | July 9, 2015, Thursday // 15:48

Today's Quote: Alexis Mitropoulos

‘’We find ourselves in a tragic situation … the dilemma that creditors unfortunately are putiing on the table is either forceful Bulgarization of the Greek society or going out of the union and terminating all relations with it,’’ said Deputy Chair of Gre

Quotes | July 9, 2015, Thursday // 14:15

Today's Quote: Mario Draghi

"I don’t see it as a real risk ...

Quotes | July 9, 2015, Thursday // 10:21

World

Turkey’s President Asks PM Davutoglu to Form New Government

Turkey’s President Recep Tayyip Erdogan asked Prime Minister Ahmet Davutoglu on Thursday to form the country's new government, todayszaman.com reported.

World | July 9, 2015, Thursday // 21:13

Number of Syrian Refugees Surpasses Four Million – UN

The Office of the UN High Commissioner for Refugees (UNHCR) announced that the number of Syrians fleeing war and persecution has now surpassed four million.

World | July 9, 2015, Thursday // 15:06

German Chancellor Dismisses Option of Writing Off Greek Debt

German Chancellor Angela Merkel dismissed the option of writing off Greek debt.

World » EU | July 9, 2015, Thursday // 18:01

EU Leaders to Discuss Refugee Distribution Scheme

EU Interior Ministers countries will discuss the plan proposal according to which member states will need to distribute the 40,000 refugees coming from Italy and Greece.

World » EU | July 9, 2015, Thursday // 10:30

EU Calls on Macedonian Leaders to Reach Compromise

EU Enlargement Commission Johannes Hahn will visit Macedonia early next week in a bid to help government and opposition leaders reach a compromise on resolving the  political crisis, MIA reported on Thursday.

World » Southeast Europe | July 9, 2015, Thursday // 17:43

Greece Getting Ready for EUR 12 B Reforms in 2 Years

Greece has been preparing a reform package worth EUR 12 B in 2 years, as reported by Greek daily newspaper Katimerini.

World » Southeast Europe | July 9, 2015, Thursday // 15:24

Greece's New Reform Proposals Expected Thursday

EU leaders are waiting on Thursday for a fresh reform package to be proposed by Greek Prime Minister Alexis Tsipras that secure a third bailout for his country.

World » Southeast Europe | July 9, 2015, Thursday // 12:21

Obama Administration Deems Grexit 'Geopolitical Mistake'

US Treasury Secretary Jack Lew has stated the official position of the US administration regarding the Greek financial crisis Wednesday.

World » Southeast Europe | July 9, 2015, Thursday // 11:59

Romanian Prosecutors Seize Lukoil Assets Worth Up to EUR 2 B in Probe

Romanian prosecutors seized assets of Russian oil giant Lukoil worth up to EUR 2 B in an investigation into alleged tax evasion and money laundering, according to reports of a local court.

World » Southeast Europe | July 9, 2015, Thursday // 10:56
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