ARCHIVE - 3 November 2015

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Business

Moody’s: Bulgaria’s Banking Sector Is on Slow Path to Recovery After 2014 Crisis

Constantinos Kypreos, Vice President – Senior Credit Officer at Moody’s Investors Service, argued that the Bulgarian banking system is on a slow path to recovery after the crisis experienced with the collapse of Corporate Commercial Bank (KTB) in 2014.

Business | November 3, 2015, Tuesday // 20:07

Praimedia Services Withdrawing from Deal on Bulgaria's TV7

Burgas-based Praimedia EOOD on Tuesday announced it was pulling out of a deal it signed this spring to buy TV7, Super7 and News7 TV stations.

Business | November 3, 2015, Tuesday // 11:25

Politics

EU's Georgieva 'Plans to Run' for UN Top Job - EurActiv

EU Commission Vice President Kristalina Georgieva is planning to run for United Nations Secretary General next year, EurActiv has argued in an exclusive report.

Politics | November 3, 2015, Tuesday // 12:14

Bulgaria’s Defence Minister Calls Urgent Meeting over Planned Pay Cuts

Bulgaria’s Defence Minister Nikolay Nenchev has called an extraordinary meeting of the consultative Defence Council for Wednesday to discuss cuts in the remuneration packages of armed forces staff planned in the 2016 budget draft.

Politics » Defense | November 3, 2015, Tuesday // 18:39

Bulgaria May Delay Pay Cuts in Police Force, Interior Minister Says

Bulgaria’s government may reconsider a controversial decision to impose pay cuts at the Interior Ministry as early as next year, Interior Minister Rumyana Bachvarova said on Tuesday.

Politics » Domestic | November 3, 2015, Tuesday // 21:50

Ad-hoc Committee in Bulgarian Parliament Agrees to Lift Siderov’s Immunity

An ad hoc enquiry committee in Bulgaria’s parliament on Tuesday granted the Chief Prosecutor’s request to lift the immunity of two lawmakers from nationalist Ataka party to face charges of hooliganism.

Politics » Domestic | November 3, 2015, Tuesday // 20:57

Police Officers Block Traffic in Sofia to Protest Planned Pay Cuts

Police officers blocked traffic in the central part of Sofia on Tuesday to protest cuts in their remuneration packages planned in the 2016 budget draft.

Politics » Domestic | November 3, 2015, Tuesday // 19:38

Nationalist Party to Contest Mayoral Vote Results in Bulgaria's Plovdiv

A nationalist party that backed a mayor candidate who came second in Plovdiv's runoff on Sunday is to contest election results over "violations".

Politics » Domestic | November 3, 2015, Tuesday // 14:32

Bulgaria Sinks in 2015 Prosperity Index's Personal Freedom Ranking

Bulgaria has ranked worse in the 2015 Legatum Prosperity Index than did last year, losing three spots.

Politics » Domestic | November 3, 2015, Tuesday // 10:06

Last-Minute Cuts to Bulgarian Interior Ministry's Budget Raise Tensions

A union representing the staff of Bulgaria's Interior Ministry is threatening to stage protests Wednesday over eleventh-hour changes to the 2016 draft budget that would result in massive spending cuts.

Politics » Domestic | November 3, 2015, Tuesday // 09:14

Society

Bulgarian Police Officers to Protest Wednesday against Spending Cuts

Some 20 000 police officers are taking to the streets of Bulgarian towns and cities on Wednesday over plans of the government to slash spending and reduce retirement compensations for Interior Ministry employees.

Society | November 3, 2015, Tuesday // 13:02

Hans Zimmer to Perform in Sofia on May 16

German composer Hans Zimmer is coming to Sofia on May 16 for what the organizers from Sofia Music Enterprises have described as a "half-rock, half-classical" concert.

Society » Culture | November 3, 2015, Tuesday // 14:06

Quotes

Today's Quote: Presidential Candidate for Life. Literally

"Ever since I am a human, they are asking me if I will become President.

Quotes | November 3, 2015, Tuesday // 10:22

World

Merkel Warns Closing Borders Could Cause 'Military Conflict'

German Chancellor Angela Merkel has said that a move by her country to close the border with Austria might cause "military confrontation".

World | November 3, 2015, Tuesday // 15:20

Turkey Intercepts 87 Refugees Near Border with Bulgaria, Greece

Turkish authorities prevented 87 refugees from crossing into Greece and Bulgaria near the border city of Edirne on Monday, dailysabah.com reported.

World » Southeast Europe | November 3, 2015, Tuesday // 17:19
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