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24 October 2014, Issue 4062
Bulgaria's Daily Newspaper since 2001
9745 subscribers of Novinite.com
|BUSINESS POLITICS WORLD SOCIETY SPORTS FORUM|
KTB Directors: BNB Report Is 'A Lampoon'
After keeping the Corporate Commercial Bank (KTB) in a coma for four months, yesterday Bulgaria's Central Bank (BNB) presented to the public an irresponsible lampoon, not a professional audit analysis, said the suspended KTB executive directors in an open letter to the media. read
ABV Will Stay Out of Gov't, But Will Back Some GERB Policies
Differences remain between conservative GERB and left-wing ABV and the latter will not take part in the government, ABV's Ivaylo Kalfin said Thursday. read
Minev Gives Ludogorets Historic 1-0 Victory Over Basel
Ludogorets defeated Basel 1-0 in UEFA Champions League Group B match in Sofia on Wednesday evening. read
GERB, PATRIOTIC FRONT AGREE ON COALITION SUPPORT FOR GOVERNMENT
The right-centre GERB and the nationalist Patriotic Front reached an agreement on coalition support for the new government.
During the three-hour meeting between GERB leader Boyko Borisov and Patriotic Front leaders Valeri Simeonov and Krasimir Karakachanov on Thursday afternoon the parties agreed that the Front will support the GERB programme without necessarily getting ministerial seats. read more
BULGARIA THREATENS TO TERMINATE CONTRACT FOR STRUMA MOTORWAY LOT 4
Greek company Aktor, which is building Lot 4 of the Struma motorway, is to sign an annex to the contract by Friday, or have the agreement cancelled, according to Bulgaria’s caretaker Deputy Prime Minister Ekaterina Zaharieva.
Zaharieva explains in an interview for 24 Hours Daily that that Bulgaria will start a procedure to terminate the contract unless Aktor returns the annex signed by Friday. read more
20 BULGARIAN COMPANIES TO BUILD INFRASTRUCTURE FOR QATAR'S 2022 FIFA WORLD CUP
Some 20 Bulgarian companies are involved in the construction of infrastructure for Qatar's 2022 FIFA World Cup, according to Ziad El Masri, Chairman of the Bulgarian-Arab Business Association.
Ziad El Masri informed that Bulgarian companies had managed to sign contracts in Qatar thanks to the international investment forum "The new economy of Bulgaria - The way to the East" held in the resort town of Pomorie in spring. read more
KTB DIRECTORS: BNB REPORT IS 'A LAMPOON'
After keeping the Corporate Commercial Bank (KTB) in a coma for four months, yesterday Bulgaria's Central Bank (BNB) presented to the public an irresponsible lampoon, not a professional audit analysis, said the suspended KTB executive directors in an open letter to the media.
They added the letter is part of a more detailed statement, due to be released on Friday. read more
DEPOSITS IN BULGARIA'S BANKS UP BGN 531 M IN SEPTEMBER
The deposits in Bulgaria's banks grew by BGN 531 M in September, shows data of the Bulgarian National Bank.
This is the second consecutive month with growth, after the summer bank troubles when depositors were withdrawing large sums. read more
BULGARIA IS SECOND FAVORITE DESTINATION AMONG RUSSIANS
Bulgaria only lags behind Spain as Russians' choice to spend their holiday, a Russian survey says.
"Europe was less popular in 2014 if compared to Turkey and Egypt. The drop in demand was registered as early as in spring. This was why tourist operators optimized the summer program, trying to conform it to the real tourist demand," the operator TUI Russia's website informed Thursday. read more
PRESIDENT PLEVNELIEV CRITICISES GUY VERHOFSTADT'S RECOMMENDATIONS
Bulgaria will not give in to someone else's suggestions when setting up its new government said in Brussels Bulgaria's President Rosen Plevneliev, reports the Club Z website.
Plevneliev's comments came in response to a reporter's question referring to the Alliance of Liberals and Democrats for Europe (ALDE) party president Guy Verhofstadt who declared that the worst possible outcome of the ongoing coalition talks in Bulgaria would be a cabinet with the participation of nationalist formations like the Patriotic Front and the Ataka party. read more
ALDE PRESIDENT: BULGARIA SHOULD FORM GOVT WITHOUT NATIONALIST FORMATIONS
The Alliance of Liberals and Democrats for Europe (ALDE) Party has issued recommendations about the makeup of Bulgaria’s new government.
ALDE President Guy Verhofstadt declared that the worst possible outcome of the ongoing coalition talks in Bulgaria would be a cabinet with the participation of nationalist formations like the Patriotic Front and the Ataka party. read more
BULGARIA’S PRESIDENT TO TAKE PART IN EUROPEAN COUNCIL MEETING OCT 23-24
Bulgarian President Rosen Plevneliev will arrive Thursday in Brussels on a two-day working visit related to a European Council meeting.
The agenda of the upcoming meeting includes discussions on the policy of the EU on climate and energy in the period 2020-2030, according to the press office of the Bulgarian President. read more
ABV WILL STAY OUT OF GOV'T, BUT WILL BACK SOME GERB POLICIES
Differences remain between conservative GERB and left-wing ABV and the latter will not take part in the government, ABV's Ivaylo Kalfin said Thursday.
Speaking to journalists after a second round of negotiations between the two parties, Kalfin however added his party would throw its support behind certain policies offered by the center-right party of Boyko Borisov. read more
PF URGES POWER PRICE FREEZE, ANTI-CRIME STEPS AHEAD OF TALKS WITH GERB
Freezing power prices and boosting police presence in regions with high rates of crime attributed to Roma population will be two key demands of Bulgaria’s nationalist coalition Patriotic Front in a new round of talks with GERB on Thursday.
Krasimir Karakachanov, leader of VMRO party that is part of the Patriotic Front, said in an interview for 24 Chasa daily that the potential participation of the PF in a government coalition with centre-right GERB hinges on these two conditions. read more
BULGARIA’S GOVT MOVES TO INCREASE CAPACITY OF LYUBIMETS REFUGEE CENTER
Bulgaria’s caretaker government has decided to boost the capacity of the Lyubimets refugee center by setting up a wagon-camp.
The caretaker government decided Thursday to amend a plan for additional measures in the case of increased migratory pressure in the period April-December 2014 to allocate additional funding to boost the capacity of the accommodation center in Lyubimets to 400. read more
7 DISTRICTS UNDER CODE ORANGE WEATHER ALERT FOR HEAVY RAIN, STRONG WIND
A code orange weather alert for heavy rain and strong wind has been issued for 7 Bulgarian districts, including Blagoevgrad, Smolyan, Kardzhali, Haskovo, Lovech, Gabrovo and Veliko Tarnovo.
The districts of Kardzhali and Veliko Tarnovo are expected to see heavy rain combined with strong wind, according to the National Institute of Meteorology and Hydrology. read more
MINEV GIVES LUDOGORETS HISTORIC 1-0 VICTORY OVER BASEL
Ludogorets defeated Basel 1-0 in UEFA Champions League Group B match in Sofia on Wednesday evening.
The victory over the Swiss visitors made Ludogorets the first ever Bulgarian team to earn points at Champions League group stage. read more
DEPUTY MAYOR, MUNICIPAL SECRETARY, BANKING OFFICIAL ARRESTED OVER PENSION SCHEME FRAUD
Municipal councilors and a banking officer have been arrested in a specialized operation of the State Agency for National Security (DANS) in the southern town of Brezovo.
Radnyo Manolov, Mayor of the Brezovo Municipality, explained that the special operation had been conducted on Tuesday evening. read more
VARNA COURT ASKED TO EXTRADITE CONVICTED DRUG SMUGGLER TO GERMANY
The Varna District Court has arrested German national Maxim Schmidt under a European Arrest Warrant (EAW) issued by the prosecuting authority in Aachen.
The 37-year-old German national is wanted in Germany to serve a prison sentence issued by the regional court of Aachen for smuggling heroin. read more
SECOND INSTANCE CONFIRMS JAIL TERM FOR AHMED DOGAN'S ATTACKER
The Sofia Appellate Court confirmed the three-and-a-half years jail sentence for Oktay Enimehmedov who pointed a gas pistol at the head of the Movement for Rights and Freedoms (DPS) honorary chairman Ahmed Dogan in January 2013.
The second instance, just as the first, acquitted Enimehmedov of attempted murder and sentenced him for hooliganism and threat to murder. read more
OTTAWA SHOOTING SUSPECT IDENTIFIED AS CANADIAN ISLAMIC CONVERT MICHAEL ZEHAF-BIBEAU
Canadian police have identified the suspected gunman who killed a soldier at the National War Memorial in Ottawa before being shot dead by a security guard on Wednesday.
The suspect was identified as Michael Zehaf-Bibeau, 32, a Canadian national who had recently converted to Islam, Reuters quoted US government sources as saying. read more
GEORGE SOROS: 'EUROPE IS FACING A CHALLENGE FROM RUSSIA TO ITS VERY EXISTENCE'
American investor and philanthropist George Soros warned that Russia's expansionism poses an existential threat to the EU and called for more material support for Ukraine.
In an article, entitled “Wake Up, Europe”, published in the New York Review of Books” argues that Vladimir Putin’s mix of authoritarianism and aggressive nationalism represents an alternative model to western liberal democracies read more
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