ARCHIVE - 10 May 2016

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Business

Bulgarian Nationalists Peg Support for Cabinet to Rejection of President’s Veto of Election Rules

Bulgaria’s Patriotic Front has tied continued support for the minority coalition government of Prime Minister Boyko Borisov to rejection of President’s veto on disputed changes to the Electoral Code.

Business | May 10, 2016, Tuesday // 21:15

Bulgaria’s Construction Production Index Falls 9.3% Y/Y in March

Bulgaria’s seasonally adjusted construction output index decreased by 1.

Business | May 10, 2016, Tuesday // 17:12

Bulgaria’s Consumer Sentiment Improves in April - NSI

Bulgaria’s consumer confidence index increased by 1.8 percentage points in April compared to its level in January, official statistics showed on Tuesday.

Business | May 10, 2016, Tuesday // 16:18

Bulgaria Cuts Deficit in Trade with Third Countries in Q1 2016

Bulgaria slashed deficit in trade with third countries to BGN 105 M (exports FOB - imports CIF) in the first quarter of 2016, compared with a shortfall of BGN 625 M a year earlier, official statistics showed on Tuesday.

Business | May 10, 2016, Tuesday // 15:48

Bulgaria EconMin to Meet Japanese Counterpart, Businesses in Tokyo

Economy Minister Bozhidar Lukarski will head a business delegation of 16 entrepreneurs heading to Japan, his ministry has said.

Business | May 10, 2016, Tuesday // 13:12

Bulgaria's Exports to EU Go Up in Jan-Feb

Exports of Bulgaria to other EU member states have increased by 2% in the first two months of 2016 compared to January and February of last year, statistics show.

Business | May 10, 2016, Tuesday // 12:45

KTB Owner Mulls Taking AlixPartners to Court

Tsvetan Vasilev, the majority owner of Corporate Commercial Bank (Corpbank or KTB), has said he could file a court claim against UK-based consultancy AlixPartners which in a report accuses him of embezzling billions from his own bank.

Business | May 10, 2016, Tuesday // 07:55

Bulgargaz Proposes to Cut Q3 Gas Price by 10%

Bulgargaz has proposed to cut natural gas price for consumers by 9.97% % for the third quarter of the year due to an expected drop in the price of gas supplies.

Business » Energy | May 10, 2016, Tuesday // 19:29

Politics

New BSP Leader Korneliya Ninova to Head Party’s Faction in Parliament

The new leader of Bulgarian Socialists, Korneliya Ninova, has been elected head of the party’s parliamentary faction.

Politics » Domestic | May 10, 2016, Tuesday // 23:02

Bulgaria’s President Sends Disputed Changes to Election Rules Back to Parliament

Bulgaria’s President Rosen Plevneliev has sent back to Parliament for further consideration parts of recent changes to the Electoral Code that set restrictions on voting outside the country.

Politics » Domestic | May 10, 2016, Tuesday // 20:17

Bulgaria’s Deputy PM Kalfin: I Resign in line with ABV’s Decision to Stop Backing Govt

Deputy Prime Minister Ivaylo Kalfin said on Tuesday that the reason why he resigned was the decision of his left-wing ABV party to withdraw support for Bulgaria’s minority coalition government.

Politics » Domestic | May 10, 2016, Tuesday // 18:32

Bulgaria's Deputy PM and Labour Minister Kalfin Resigns

Bulgaria's Deputy Prime Minister and Labour Minister Ivaylo Kalfin has resigned.

Politics » Domestic | May 10, 2016, Tuesday // 17:20

Bulgaria's ABV Party to Withdraw Support for Govt

Leftist Alternative for Bulgarian Revival (ABV) party has said it is withdrawing its support for from the cabinet of Boyko Borisov in which it has one minister.

Politics » Domestic | May 10, 2016, Tuesday // 14:56

Electoral Code: Nationalists Ready to Backtrack on Curbs to Voting Abroad

The co-heads of the nationalist Patriotic Front coalition, which backs Bulgaria's minority government, have said they are inclined to understand the President's veto on a key text in electoral legislation.

Politics » Domestic | May 10, 2016, Tuesday // 14:02

Electoral Code: Key Bulgarian Parties Meeting over President's Veto

Representatives of three of the four parties forming or backing Bulgaria's coalition government are holding talks over the vet of President Plevneliev on text of the country's recently passed electoral legislation.

Politics » Domestic | May 10, 2016, Tuesday // 11:32

Bulgaria's Ex-PM Apologizes over Response to 2013 Protests

PES leader and former Bulgarian Prime Minister Sergey Stanishev has issued an apology to thousands of protesters who took to the streets of Sofia and other big cities in the summer of 2013.

Politics » Domestic | May 10, 2016, Tuesday // 09:48

Bulgaria's Main Ruling Party to Discuss Reversal of Curbs to Voting Abroad

Conservative GERB, the main party in Bulgaria's government, is meeting Tuesday to discuss the presidential veto on changes to the Electoral Code.

Politics » Domestic | May 10, 2016, Tuesday // 08:16

Society

Golden Kuker Animated Film Festival Kicks off in Sofia

An international animated film festival began on Monday in Bulgaria's capital Sofia.

Society » Culture | May 10, 2016, Tuesday // 10:29

Sports

Bulgaria's Dimitrov Ousted Early in Rome Tennis Masters

Bulgaria's highest-ranking tennis player Grigor Dimitrov was defeated by Alexander Zverev in the first round of Italian Open on Monday.

Sports | May 10, 2016, Tuesday // 07:29

World

UN Committee to Review Children’s Rights in Bulgaria on 30 May

The UN Committee on the Rights of the Child will review children’s rights in Bulgaria later this month as part of monitoring of compliance with the Convention on the Rights of the Child.

World | May 10, 2016, Tuesday // 20:53

ICIJ Publishes Panama Papers Online

The International Consortium of Investigative Journalists (ICIJ) said on Monday it provided free access to millions of files that lift the veil of secrecy from more than 200,000 offshore entities created in 21 jurisdictions.

World | May 10, 2016, Tuesday // 00:06
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