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Too Early for EU Response on Bulgaria's 'Gas Hub' Idea - Commission VP Georgieva

EU will have a stance on Bulgaria's idea to build a gas hub at the Black Sea after a formal proposal has been prepared, EU Commission Vice President Kristalina Georgieva has said.

Business » Energy | 1 hour ago | Viewed: 175

Bulgaria Air in Codeshare Deal with Germany's airberlin

Airberlin, Germany’s second largest airline, and Bulgaria Air will launch codeshare flights on some European routes from January 14 next year, austrianaviation.

Business | December 20, 2014, Saturday // 16:10 | Viewed: 787

Bulgaria Adopts 2015 Budget with 3% Deficit

Bulgaria’s parliament has approved the 2015 budget with deficit equivalent to 3% of the projected Gross Domestic Product.

Business » Finance | December 20, 2014, Saturday // 11:29 | Viewed: 604

Fitch Maintains Bulgaria’s Credit Rating At ‘BBB-‘ With Stable Outlook

Fitch has affirmed Bulgaria's long-term foreign and local currency Issuer Default Ratings (IDR) at 'BBB-'and 'BBB', respectively, with stable outlook.

Business » Finance | December 20, 2014, Saturday // 10:52 | Viewed: 553

Austria’s BauMax Sells Bulgaria Unit for Token EUR 1

bauMax Bulgaria, a unit of Austrian do-it-yourself chain bauMax, has been sold for EUR 1 to Bulgaria’s Haedus, money.bg reported on Friday.

Business | December 19, 2014, Friday // 18:19 | Viewed: 1200

Max, Blizoo Join Forces in Mobile Wholesale Deal in Bulgaria

Max, the first mobile operator providing commercially available 4G services in Bulgaria, on Friday said it would partner with Blizoo, the country’s largest cable TV operator.

Business | December 19, 2014, Friday // 16:23 | Viewed: 727

Russia Asks Bulgaria to Issue South Stream Construction Permits

Russia’s Energy Minister Alexander Novak on Friday urged Bulgaria to issue in timely manner all permits relating to the construction of the seabed section of the South Stream gas pipeline project.

Business » Energy | December 19, 2014, Friday // 15:00 | Viewed: 2093

South Stream Transport Terminates Production, Deliveries of Pipes

The company South Stream Transportation notified all companies producing and delivering pipes for the halted South Stream gas pipeline project to terminate those activities, reports the Russian daily Vedomosti.

Business » Energy | December 19, 2014, Friday // 13:35 | Viewed: 1052

No Talks Yet On Gas Hub At Border with Bulgaria, Turkey’s Ambassador Says   

No discussions have been held with Turkey about the potential construction of a gas distribution hub on its border with Bulgaria, Turkey’s Ambassador in Sofia Suleyman Gokce said on Thursday.

Business » Energy | December 18, 2014, Thursday // 22:33 | Viewed: 966

Bulgaria Is Blameless For South Stream – MP

Bulgaria is not guilty for what happened to the South Stream project, Delyan Dobrev – former energy minister and current GERB MP told the BNT public broadcaster breakfast show.

Business » Energy | December 18, 2014, Thursday // 11:33 | Viewed: 1208

Energy Ministers of Bulgaria, Russia to Discuss South Stream over Phone

Bulgaria and Russia's energy ministers are to discuss South Stream over the telephone on Friday, Bulgarian officials say.

Business » Energy | December 17, 2014, Wednesday // 15:47 | Viewed: 1041

Minimum Wage in Bulgaria Increases to BGN 380 by Mid-2015

The Bulgarian government approved the two-step increase of the minimum wage in 2015 at its meeting on Wednesday.

Business » Energy | December 17, 2014, Wednesday // 13:56 | Viewed: 891

BG Online Media Companies File Complaint Against Google

The Bulgarian online media companies Net Info and V Box filed a complaint with the Competition Protection Commission (CPC) against Google and its video portal YouTube.

Business | December 17, 2014, Wednesday // 12:37 | Viewed: 816

Bulgaria, Serbia to Speed Up Work on Gas Interconnection Grid

Sofia and Belgrade will step up efforts to build the interconnector pipeline linking the two gas grids, ministers from the two countries have announced.

Business » Energy | December 17, 2014, Wednesday // 11:22 | Viewed: 762

Russian Companies Still Deliver Pipes for South Stream to Bulgaria – Vedomosti

Pipe companies still deliver pipes for the halted South Stream pipeline project to Bulgaria, reports the Russian business daily Vedomosti.

Business | December 17, 2014, Wednesday // 10:59 | Viewed: 1014

Government to Discuss New Bank Law

Bulgaria's Government will discuss on Wednesday new bank law, which will provide better guarantees for the bank deposits, reports the bTV national channel.

Business » Finance | December 17, 2014, Wednesday // 08:27 | Viewed: 770

Bulgaria to Send Delegation to Russia on South Stream – Minister

A Bulgarian delegation will visit Moscow end of this week to discuss the South Stream gas pipeline project, Bulgaria's Economy Minister Bozhidar Lukarski told journalists in Belgrade.

Business » Energy | December 17, 2014, Wednesday // 07:28 | Viewed: 1151

Bulgaria State Railway Co Mulls Laying Off 1500 People in 2015

As many as 1500 people could be left jobless and 140 trains could be sold off if the government moves to slash the subsidy granted to Bulgarian State Railways (BDZ), the national carrier, the company's CEO has warned.

Business | December 16, 2014, Tuesday // 15:40 | Viewed: 851

140 M Packs of Illicit Cigarettes Are Sold in Bulgaria Each Year

An average of 140 M packs of contraband cigarettes are being sold each year in Bulgaria, shows a survey of the Centre for Studying of Democracy, quoted by News.

Business | December 16, 2014, Tuesday // 14:58 | Viewed: 696

USD 25 B in Illicit Flows Syphoned Off from Bulgaria in 10 Years

A total USD 25 B were illicitly syphoned off from Bulgaria in the past 10 years, shows the report Illicit Financial Flows from Developing Countries 2003-2012 of the Global Financial Integrity (GFI) NGO.

Business » Finance | December 16, 2014, Tuesday // 11:58 | Viewed: 1214

Bulgaria Court Delays Hearings on Appeal of KTB Licence Withdrawal Until Feb 9

Bulgaria’s Supreme Administrative Court has delayed until February 9 hearings on the lawsuit launched by shareholders of collapsed Corporate Commercial Bank against the revocation of the bank’s licence.

Business | December 16, 2014, Tuesday // 08:56 | Viewed: 759