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1 October 2014, Issue 4042
Bulgaria's Daily Newspaper since 2001
9821 subscribers of Novinite.com
|BUSINESS POLITICS WORLD SOCIETY SPORTS FORUM|
Energy Watchdog Postpones Decision On Price Hike For Wednesday
Bulgaria's energy watchdog (DKEVR) will decide on the new, higher, electricity prices on Wednesday, reports the Bulgarian National Radio. read
Bulgaria's GERB Far Ahead of BSP in Sova Harris Poll
Six parties are expected to enter the Bulgarian National Assembly after early elections on Sunday, polling agency Sova Harris predicts.read
Lot 2 of Bulgaria’s Struma Motorway To Be Completed in Autumn of 2015
Lot 2 of the Struma motorway will most probably be completed by the autumn of 2015, according to Bulgaria’s caretaker Regional Development Minister Ekaterina Zaharieva. read
BULGARIA SENDS FIREARMS, AMMO TO IRAQI GOVERNMENT
Bulgaria has granted arms and ammunition worth about BGN 6 M to Iraq as part of an international effort to back the Iraqi government in its fight against Islamic State militants.
The grant comprising about 1,800 firearms and some 6 million rounds of ammunition has already been received by Iraq, the Defence Ministry in Sofia said in a statement. read more
BULGARIA IS MOST PREFERRED OUTSOURCING DESTINATION IN EUROPE
Bulgaria is among the most preferred outsourcing destinations in the world and the only European country in the top 10 list of most attractive countries for such activities, done by the analysis company A.T. Kearney.
Bulgaria is at the ninth position among 51 countries in the world and climbs up eight positions in the list since 2011, when the previous survey was done. read more
LOT 2 OF BULGARIA’S STRUMA MOTORWAY TO BE COMPLETED IN AUTUMN OF 2015
Lot 2 of the Struma motorway will most probably be completed by the autumn of 2015, according to Bulgaria’s caretaker Regional Development Minister Ekaterina Zaharieva.
Zaharieva inspected Tuesday the 37.5km motorway section from Dupnitsa to Blagoevgrad. read more
BULGARIA'S PRODUCER PRICE INDEX POSTS 1% DECREASE IN AUGUST Y/Y
Bulgaria's producer price index saw a decrease by 0.1% in August compared to the previous month, according to the country's National Statistical Institute, NSI.
Domestic market prices dropped in the manufacturing by 0.6% and in the mining and quarrying industry by 0.1%, while in the electricity, gas, steam and air conditioning supply the prices rose by 0.6%. In the manufacturing, compared to the previous month prices dropped in the manufacture of food products and in the manufacture of beverages by 0.5%, while a price increase was reported in the repair and installation of machinery and equipment by 2.1%, and in the manufacture of fabricated metal products, except machinery and equipment by 0.5%. read more
INVESTORS FIND UNPREDICTABILITY IN BULGARIA MORE FRUSTRATING THAN CORRUPTION – AMCHAM
It is no longer corruption but stability which has become a major concern for investors in Bulgaria, according to Valentin Georgiev, Executive Director of the American Chamber of Commerce in Bulgaria (AmCham Bulgaria).
In a Tuesday interview for the Bulgarian National Television, he claimed that the first question of companies studying the opportunities for investments in Bulgaria had been related to the level of corruption several years ago, but the focus had shifted onto stability and the availability of highly-qualified employees. read more
WINEMAKERS IN BULGARIA ALLOWED TO ADD SUGAR TO BOOST ALCOHOL LEVEL
Wine producers in Bulgaria will be allowed to add sugar to boost the level of alcohol, according to Krasimir Koev, Director of the Executive Agency on Vine and Wine (EAVW).
The EAVW has authorized the measure in response to a request to local wine producers. read more
BDZ ADDS MORE ITINERARIES TO ONLINE TICKETING SYSTEM
Bulgaria's State Railway Company (BDZ) added six more train routes to the pilot online ticketing system, which was launched in the end of 2013.
Customers can now also buy tickets for rapid and express trains and sleeper cars travelling along the routes Sofia-Blagoevrgad-Sofia, Plovdiv-Varna-Plovdiv and Sofia-Varna-Sofia. read more
ENERGY WATCHDOG POSTPONES DECISION ON PRICE HIKE FOR WEDNESDAY
Bulgaria's energy watchdog (DKEVR) will decide on the new, higher, electricity prices on Wednesday, reports the Bulgarian National Radio.
DKEVR was supposed to make its final decision on the expected price hike on Tuesday, but its meeting was delayed by protests of various organisations and parties and started on Tuesday afternoon. read more
AURUBIS TO INVEST EUR 75 M IN ITS COPPER PLANT IN BULGARIA'S PIRDOP
Germany's leading copper producer Aurubis is planning to invest EUR 75 M in its plan in the town of Pirdop, Aurubis Bulgaria CEO Tim Kurt has announced.
BULGARIAN EXPERTS DEMAND SEPARATE TOURISM MINISTRY
Experts and representatives of a range of political parties have agreed on the need to establish a separate Tourism Ministry.
Bulgaria’s goals and priorities in the sphere of tourism were discussed at a public discussion at the headquarters of the Bulgarian Academy of Sciences (BAS). read more
NATO AIR COMBAT DRILL BEGINS IN SLOVAKIA
Alliance forces have started air combat exercises MACE XVI in Slovakia with 14 member states participating, the country's Defense Minister says.
BULGARIA’S PRESIDENT CALLS FOR FAIR DISTRIBUTION OF IMMIGRATION BURDEN IN EU
Bulgarian President Rosen Plevneliev has underscored the need for an integrated European approach to refugee issues at an informal meeting of the Arraiolos Group in Braga, Portugal.
During the meeting, the heads of state of nine EU countries agreed that the EU had to take steps to solve the problems causing refugee waves and at the same time ensure humane treatment of people who had reached their common borders in line with EU and global standards, according to the press office of the Bulgarian President. read more
EU OFFERS FURTHER EUR165 M IN AID TO FARMERS HIT BY RUSSIAN SANCTIONS
The European Commission is providing EUR 165 M under a new scheme to help fruit and vegetable producers hurt by the Russian ban on EU agricultural imports.
“Worth up to EUR 165 M, this new scheme provides support to withdraw surplus volumes from the market and comes in addition to the program worth up to EUR 125 M for fruit & vegetables that was announced on August 18, but suspended on September 10 because provisional applications showed that the full budget allocation had already been claimed,” the EC informs. read more
DEPUTY PM ZAHARIEVA: 78% OF REGIONAL DEVELOPMENT MINISTRY BUDGET SPENT IN H1 2014
Bulgaria's Ministry of Regional Development budget lacks some BGN 10-11M needed for the maintenance of roads in the winter season.
If the budget is not updated, the amount will reach BGN 40-50M in the spring, caretaker deputy Prime Minister Ekaterina Zaharieva told Bulgarian National Television. Another BGN 80M is needed for road repairs after the floods, she added. read more
BULGARIA'S GERB FAR AHEAD OF BSP IN SOVA HARRIS POLL
Six parties are expected to enter the Bulgarian National Assembly after early elections on Sunday, polling agency Sova Harris predicts.
REFORMIST BLOC PROMISES JUSTICE REFORM, BALANCED BUDGET
The Reformist Bloc says is targeting reform of the judiciary to guarantee independence of courts and free the justice system from corruption and political influence.
To ensure success of the justice system reform, the Reformist Bloc says in its programme for October 5 vote, it wants Bulgaria’s Chief Prosecutor to be elected by Parliament. It also will aim to introduce control of courts, prosecutors and the Supreme Judicial Council by Parliament to make the judiciary more accountable. read more
DPS PLEDGES TO MAINTAIN FINANCIAL STABILITY, IMPROVE BUSINESS ENVIRONMENT
The need for a national consensus on priorities and a government formula which is a natural function of this consensus - these are two of the Movement for Rights and Freedoms (DPS) political goals.
In the economy sector, DPS will work for a continuity in the area of financial stability, as well as for maintaining low levels of budget deficit, keeping the currency board until Bulgaria's entry to the euro area and preparing to join the EU Banking Union, the party says in its program for October 5 elections. read more
MEDIA CHIEFS DEMAND EQUAL TREATMENT ON ELECTION DAY
Editors-in-chief and directors of more than 10 of the leading pint, electronic and internet media in Bulgaria demanded equal treatment on election day over the announcing of exit poll results.
By law, the announcing of exit poll results on election day, before the closing of all polling stations, is forbidden. Some of the electronic media, however, have found their way around the ban and publish results, concealed as song charts, movie and book rankings and weather forecasts. read more
UNEMPLOYMENT RATES IN BULGARIA REMAIN STABLE IN AUGUST – EUROSTAT
The euro area seasonally-adjusted unemployment rate was 11.5% in August 2014, stable compared with July 2014, but down from 12.0% in August 2013, according to Eurostat.
The EU unemployment rate was 10.1% in August 2014, the lowest value since February 2012. The rate was down from 10.2% in July 2014, and from 10.8% in August 2013. read more
BULGARIA'S FOREIGN MINISTRY TURNS DOWN DONATION OF PACIFIC ISLAND
The Ministry of Foreign Affairs has rejected a proposal to acquire an island drifting across the Pacific Ocean.
WWF: GLOBAL WILDLIFE POPULATION DROPPED BY 50% IN 40 YEARS
The Living Planet Index, which measures trends in thousands of vertebrate species populations, shows a decline of 52% between 1970 and 2010, according to the latest edition of WWF's Living Planet Report.
In other words, the number of mammals, birds, reptiles, amphibians and fish across the globe is, on average, about half the size it was 40 years ago. read more
CHILDREN'S MUSEUM TO OPEN IN SOFIA NEXT YEAR
A children's science museum, called Muzeiko, will open in Sofia next year, reports Nova TV.
Muzeiko will be aimed at children aged 5 and 12 years and will be the first children's museum in Bulgaria and the largest in Eastern Europe. read more
TURKISH TRUCK DRIVERS COMPLAIN FROM SYRIAN IMMIGRANTS
The Turkish international truck drivers complain from the Syrian immigrants trying to board their trucks at the Turkish-Bulgarian border, reports the BTA wire service.
According to reports, there is an increasing number of cases when the immigrants secretly board the trucks waiting at the border crossings with Bulgaria, particularly at the Kapitan Andreevo checkpoint where the lines are long due to the reconstruction work on the Bulgarian side. read more
REAL MADRID ARRIVES IN SOFIA
The Spanish football team Real Madrid arrived in Sofia on Tuesday afternoon for its match against Bulgaria's Ludogorets in the Champions League.
The team was welcomed by many fans and had a practice at the Vasil Levski national stadium where the two teams will play on Wednesday evening. read more
BGN 8M DRAINED BY CREDIT CARD SKIMMERS IN 2013
A total of BGN 7,93M was stolen in Bulgaria last year as a result of credit card frauds, namely skimming, according to data provided by financial analysts, cited by 24 Chasa Daily.
The number of bank cards in 2013 was 8,259,629, or an average of one card per person. read more
LIFE TOLD IN CHEMICAL ELEMENTS
What did the chemist say when he found two isotopes in helium?
What weapon can you make with potassium, nickel, and iron?
SPAIN'S TOP COURT HALTS CATALAN INDEPENDENCE REFERENDUM
The Constitutional Court of Spain has stopped the referendum on independence the province of Catalonia is planning to hold November 9.
TURKISH MPS TO DECIDE ON GREEN LIGHT TO SYRIA, IRAQ INTERVENTION
Parliament in Turkey is expected to discuss and vote on an authorization to send troops against Islamic State (IS) fighters.
EU-IMF TROIKA RETURS TO GREECE FOR FINAL AUDIT
Experts of the so-called "Troika" of international lenders are set to visit Greece for what could turn into the country's early exit from the bailout program.
CASPIAN SEA COUNTRIES ADOPT COOPERATION AGREEMENT
The five countries with a Caspian Sea coastline signed Monday their first document on cooperation in the region.
OPINIONS CLASH AHEAD OF BUDGET UPDATE DISCUSSION
The 2014 budget update drafted by the caretaker government has stirred a lot of controversy ahead of its discussion with representatives of employers and trade unions.
While deputy Prime Minister Ekaterina Zaharieva has opined that the caretaker cabinet has to act fast and prepare a budget revision ahead of October 5 vote to keep functioning key sectors of the economy and avoid freezing of some social payments, employers claim that the increase in budget deficit and government debt have been ill-considered. read more
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