» THE SOFIA WEEKLY is the first English language online weekly in Bulgaria.

It covers events from the previous day and also news that made the headlines over the week, commentaries, analyses and other various useful information.

The Sofia Weekly is distributed free of charge and was born after www.dariknews.bg and www.novinite.com, Bulgaria's leading online news providers, pooled their efforts and promised to launch new successful products on the market.

It has the ambition to be the primary concise and diverse source on different subjects of Bulgarian political, economic, cultural and social life. It provides analysis of the key changes in the political environment and gives clear insights into the business trends. It also includes color stories from Bulgaria, which do not make it to the international news wires.

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SOFIA WEEKLY 2009-11-07


   7 Nov 2009 | Issue 164 | Sofia: min 11°, max 19°; Varna: min 12°, max 19°
  Moscow Police Raid | Finance | Exclusive | Environment | Diplomacy | Business | Energy | Education | Defense | Swine Flu Epidemic | Society | Industry | Bulgaria in EU | Swine Flu Epidemic | Sports | Properties | Domestic | Archaeology | 100 Days | Tourism | Crime | Show Buzz | Obituaries | Elections 2009 | Interview | Views on BG | Editorial | Smile | World | In Pictures
  Published by novinite.com
  



Exclusive Report
100 Days of Solitude: Bulgaria's Prime Minister Boyko Borisov and the GERB Government

By Ivan Dikov

“The organized crime in Bulgaria is “countered” by the criminal disorganization of the Bulgarian state.” This quote is dated back to November 2001. It belongs to Colonel Boyko Borisov. | read |

Editorial
Tango or Waltz? European Dancing Stars out of Step

By Phil Davies

Two of the most unlikely people have become close dancing partners. They are, however, out of step with the music now washing over Europe. | read |

Interview
Franco Del Fabbro, CEO of Kraft Foods Bulgaria: There is Never a Dull Moment in Bulgaria!

Interview with Franco Del Fabbro, CEO of Kraft Foods Bulgaria | read |

Interview
BSPB Director Nada Tosheva: Few Countries Can Rival Bulgaria's Diverse Nature

By Henry Rowlands

Interview with Nada Tosheva, Executive Director at the Bulgarian Society for the Protection of Birds (BSPB). | read |


Top Story
Bulgaria Health Ministry Declares National Swine Flu Epidemic

Bulgaria's Health Ministry announced Friday afternoon the declaration of a state of national swine flu epidemic over the rising number of patients with A(H1N1).

The Health Ministry made the decision based on the grounds that the number of people with swine flu has reached 210 per 10 000. On Thursday, Bulgaria's Health Minister Bozhidar Nanev announced a little over 100 000 Bulgarians were infected with A(H1N1).

Thus, all schools in Bulgaria will be in a swine flu break all of next week (November 9-14). The Health Ministry recommends limiting the number and scope of public events.

Any decisions for closing nursery schools and universities over the epidemic will be made on the local level.

There will be no mandatory closing of cinemas, theaters, libraries, or other public facilities despite the declaration of a national epidemic.

The news from the Health Ministry came shortly after the Bulgarian capital Sofia declared a swine flu epidemic starting Monday. Thus, 20 of Bulgaria's 28 administrative districts had declared swine flu epidemic before the news for the national emergency.

Earlier on Friday it was announced that a 53-year-old man had died in a hospital in Sofia as a result of complications of the A(H1N1) virus, bringing Bulgaria’s total swine flu death toll to six.

According to Chief Health Inspector Tencho Tenev, the man had schizophrenia and cirrhosis. He did treat himself at home for a week, when he finally saw a doctor, and was taken to hospital in critical condition.

As the epidemic has been worsening, Bulgaria's MPs adopted Friday emergency amendments to the Medical Products in Human Medicine Act.

The aim of the amendments is to simplify the regime for purchasing medical products with state funds outside of the mandatory health insurance system in a time when the country is facing "epidemics, pandemics, or confirmed use of chemical and biological weapons, or the spread of nuclear radiation."

The MPs were in a rush because of what has been termed "a rising tension" in the Bulgarian society because of the fast spread of the A(H1N1) virus and the lack of any vaccines.

Bulgaria's Health Minister, Bozhidar Nanev, has said that the legislative changes were going to shorten the period for getting and applying the swine flu vaccines by between 1 and 3 months.

Bulgaria's Chief Epidemiologist, Angel Kunchev, has told the BNT that unfortunately there were no A(H1N1) vaccines available in Bulgaria at the moment but said that medications and vaccines would soon be procured from Germany and Sweden.

Young children, doctors, pregnant women, and people with chronic diseases will be the priorities group for immunization. Kunchev has called upon all Bulgarians to still get the regular seasonal flu shots. In his words, the only vaccines available in drug stores are Tamiflu and Relenza.
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Bulgaria Ex-Labor Minister Faces 20 Years in Jail over Embezzlement of BGN 10 M

Bulgaria's former Labor Minister and current Socialist Party MP, Emiliya Maslarova, is under the investigation for the embezzlement of BGN 10 M of state money.

Maslarova, and her friend Ventsislav Draganov, who has a construction firm, are believed to have pocketed BGN 9,8 M by violating the Public Procurement Act over the repair of a Ministry of Labor building in the southern city of Stara Zagora.

This was announced Friday by Prosecutor Stilyana Kozhuharova, a spokesperson of Bulgaria's Chief Prosecutor, Boris Velchev. Velchev has demanded the lifting of Maslarova’s MP immunity so the investigation could proceed.

Earlier on Friday Maslarova herself gave up her MP immunity voluntarily, calling the legal procedure against her "a monstrous libel", and claiming her family had been the target of political and personal harassment over the last six months.

The Chief Prosecutor's Office is presently awaiting the results from a large-scale inspection of the Ministry of Labor, which will be added to the 250 volumes of evidence already gathered.

After the inspection is ready, the prosecutors will decide exactly what charges they are going to raise against Maslarova and her friend Draganov. They are being investigated for large-scale embezzlement of public funds, and criminal breach of trust.

If found guilty of embezzlement, each of the two could receive between 5 and 20 years in jail; if found guilty of criminal beach of trust, their sentences could be between 3 and 10 years.

The prosecutors started to investigate the case with the Ministry of Labor building in Stara Zagora in August 2009.

After former Agriculture Minister in the Stanishev government, Valeri Tsvetanov from the DPS party, faced similar charges in September 2009 over land swap deals, Maslarova could become the second Minister to be charged over violations.

Bulgaria's former Prime Minister, Sergey Stanishev, himself is facing potential charges over mishandling and abusing classified information; not unlike Maslarova, he has agreed to have his MP immunity lifted.
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Moscow Police Raid
Russia Denies Diplomatic Status of Police-Raided Bulgarian Premise

Thursday’s raid of the Bulgarian Industrial Center in Moscow carried out by the Russian police was fully legal.
| read |
Finance
Bulgaria Finance Minister Reiterates Intention for New Tax Cuts

Finance Minister, Simeon Djankov, has made clear his intention to reduce Bulgaria’s value-added tax from 20% down to 18% or even 16% by the end of the GERB cabinet’s term in 2013.
| read |

More News

Moscow Police Raid

Russia Denies Diplomatic Status of Police-Raided Bulgarian Premise

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www.novinite.com/view_news.php?id=109706


Arrests of 3 Bulgarians in Moscow Confirmed after Diplomatic Premise Raid

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www.novinite.com/view_news.php?id=109681


Bulgaria, Russia Tangled over Status of Raided Diplomatic Premise

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www.novinite.com/view_news.php?id=109656


Bulgaria PM: I Wouldn't Be Mad at Russian Colleagues over Moscow Police Raid

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www.novinite.com/view_news.php?id=109653


Russia Police: We Did Not Infringe on Bulgaria Diplomatic Premises

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www.novinite.com/view_news.php?id=109649


Russia Police Raid Bulgarian Diplomatic Premises over Pirate CDs

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www.novinite.com/view_news.php?id=109644


Bulgaria Foreign Ministry Upset by Russia Police Raid on Its Property

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www.novinite.com/view_news.php?id=109643


Russia Police Targeted Businessman in Bulgaria Diplomatic Raid

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www.novinite.com/view_news.php?id=109640


Russia Police Forces Raid Bulgarian Diplomatic Property in Moscow

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www.novinite.com/view_news.php?id=109636


Finance

Bulgaria Finance Minister Reiterates Intention for New Tax Cuts

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www.novinite.com/view_news.php?id=109717


Bulgaria Banks Urged to Bring Down Lending Rates by 3%

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www.novinite.com/view_news.php?id=109691


Central Bank: Bulgaria Economy to Grow by up to 0,5% Next Year

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www.novinite.com/view_news.php?id=109666


Bulgaria with Balanced Budget for October 2009

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www.novinite.com/view_news.php?id=109660


Bulgarian Economists' Assessment:: 2010 Draft Budget Is Realistic

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www.novinite.com/view_news.php?id=109642


Bulgaria Sept Producer Prices with Highest Rise in EU

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www.novinite.com/view_news.php?id=109608


World Bank VP Georgieva Warns over Bulgaria Bad Loan Growth

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www.novinite.com/view_news.php?id=109570


Central Bank Head: Bulgaria Banking System Sound despite Crisis

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www.novinite.com/view_news.php?id=109568


Bulgaria Ex-Finance Minister Accused of Banking System Sabotage

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www.novinite.com/view_news.php?id=109563


EBRD: Bulgaria Has Good Medium-Term Prospects for Growth

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www.novinite.com/view_news.php?id=109530


Bulgaria to Stay in Recession in 2010 - Think-Tank

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www.novinite.com/view_news.php?id=109525


Bulgaria Deputy Finance Minister Forecasts Severe Q1 of 2010

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www.novinite.com/view_news.php?id=109508


Delaware Named World's Most Secret Financial Center

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www.novinite.com/view_news.php?id=109488


Bulgaria Central Bank Interest Rate Under 1%

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www.novinite.com/view_news.php?id=109485


Bulgaria PM Confirms Fiscal Reserve Is Safely Stored

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www.novinite.com/view_news.php?id=109480


Exclusive

100 Days of Solitude: Bulgaria's Prime Minister Boyko Borisov and the GERB Government

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www.novinite.com/view_news.php?id=109588


Environment

Bulgaria Bird Organization Director Slams Black Sea Wind Farms

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www.novinite.com/view_news.php?id=109581


Diplomacy

New Bulgaria Ambassador to UK Presents Credentials to Queen

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www.novinite.com/view_news.php?id=109701


Bulgaria PM Borisov: Thank God Sarkozy Is Good Friend of Mine

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www.novinite.com/view_news.php?id=109627


Bulgaria Backs Thrace Refugees in Claiming Compensations from Turkey

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www.novinite.com/view_news.php?id=109626


Bulgaria Govt Prompts President to Fire Ambassadors to US, Turkey

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www.novinite.com/view_news.php?id=109618


Foreign Minister Sets to Recall Bulgaria Ambassadors to US, Turkey

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www.novinite.com/view_news.php?id=109554


Bulgaria Seeks to Clear Out German Property Scandals

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www.novinite.com/view_news.php?id=109545


Nikola Kaludov Appointed Bulgarian Ambassador to Vatican

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www.novinite.com/view_news.php?id=109515


German Ruling on Property Stirs Tension in Bulgaria

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www.novinite.com/view_news.php?id=109500


Bulgaria, Sri Lanka Seek to Develop Economic, Cultural Ties

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www.novinite.com/view_news.php?id=109497


Business

Bulgaria Former Deputy Foreign Minister Heads Postal Monopoly

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www.novinite.com/view_news.php?id=109708


Bulgaria Economy Minister Acquitted of Conflict of Interests

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www.novinite.com/view_news.php?id=109700


Dundee Precious Plans for Bulgaria Suffer Setback in Court

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www.novinite.com/view_news.php?id=109687


Melrose Gets Ok for Bulgarian Gas Field

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www.novinite.com/view_news.php?id=109686


Bulgaria Makes First Steps in Mail Service Liberalization

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www.novinite.com/view_news.php?id=109654


Bulgaria Yogurt Dominates 60% of Japanese Market

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www.novinite.com/view_news.php?id=109652


Bulgaria Gambling Industry to Shed 40 000 Jobs over Tax Increase

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www.novinite.com/view_news.php?id=109637


Kraft Foods Eyes Bulgaria as Manufacturing Hub for the Balkans

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www.novinite.com/view_news.php?id=109601


Project for 2nd Bulgaria-Romania Danube Bridge in Critical State

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www.novinite.com/view_news.php?id=109575


CEIBG President: Bulgaria Can Win by Combating Global Warming

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www.novinite.com/view_news.php?id=109567


Construction of Bulgaria's National Sports Hall ahead of Schedule

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www.novinite.com/view_news.php?id=109561


Bulgaria's Foreign Direct Investments to Collapse by 50% in 2009

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www.novinite.com/view_news.php?id=109552


Bulgaria's Bulgartabac Publicly Accused over Canceled Car Deal

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www.novinite.com/view_news.php?id=109537


Bulgarian Aquachim Formally Acquired by German Giant Merck

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www.novinite.com/view_news.php?id=109532


Expert: Doomsday Scenario for Bulgaria in 2010 over Crisis

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www.novinite.com/view_news.php?id=109519


Microsoft Launches Windows 7 in Bulgarian

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www.novinite.com/view_news.php?id=109487


Energy

New Crisis with Russia Averted as Ukraine Pays Natural Gas Dues

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www.novinite.com/view_news.php?id=109707


Bulgaria Minister: BGN 300,000 for Nuclear Plant JV Gone

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www.novinite.com/view_news.php?id=109702


Barroso Warns Ukraine over Allowing New Russian Gas Crisis

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www.novinite.com/view_news.php?id=109664


Bulgaria Nuclear Project Maintenance to Cost EUR 200 M a Year

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www.novinite.com/view_news.php?id=109650


Ukraine Admits Trouble Paying for Russian Gas, Crisis Looming

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www.novinite.com/view_news.php?id=109628


New Bulgaria Govt Quits Plan to Shutdown Bulgaria Energy Holding

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www.novinite.com/view_news.php?id=109584


Joschka Fischer: Next Year Crucial for Nabucco

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www.novinite.com/view_news.php?id=109544


CEZ Power Utility Forced to Introduce Monthly Bills in Bulgaria

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www.novinite.com/view_news.php?id=109541


Bulgaria Energy Strategy Director Calls for New Energy Plan

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www.novinite.com/view_news.php?id=109539


RWE: No Need of Iranian Natural Gas for Nabucco Pipeline

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www.novinite.com/view_news.php?id=109522


Bulgaria Confirms EC Permission for Nuclear Plant Construction

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www.novinite.com/view_news.php?id=109516


Putin Comments Raise Concern over New Bulgaria Gas Crisis

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www.novinite.com/view_news.php?id=109466


Education

Bulgaria Education Receives BGN 2,6 B in Budget 2010

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www.novinite.com/view_news.php?id=109472


Defense

Bulgaria Won't Reduce Afghanistan Troops despite Funding Issues

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www.novinite.com/view_news.php?id=109703


Swine Flu Epidemic

Bulgarian Capital Sofia Declares Swine Flu Epidemic Starting Monday

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www.novinite.com/view_news.php?id=109696


WHO Recommends: Watch Closely Animals for Flu

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www.novinite.com/view_news.php?id=109695


Bulgaria Registers 6th Swine Flu Fatality, Epidemic Spreads

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www.novinite.com/view_news.php?id=109679


Bulgaria, Ukraine Turn to EU for Aid over Swine Flu

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www.novinite.com/view_news.php?id=109658


Over 100 000 Bulgarians Infected with Swine Flu

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www.novinite.com/view_news.php?id=109635


Fifth Swine Flu Death in Bulgaria

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www.novinite.com/view_news.php?id=109606


Bulgaria Parliament Rejects Socialists Call for Swine Flu Update

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www.novinite.com/view_news.php?id=109598


Swine Flu Panic Reigns in Roma Ghettos in Bulgaria's Burgas

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www.novinite.com/view_news.php?id=109559


Pregnant Woman Dies of Swine Flu in Bulgaria's Sliven

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www.novinite.com/view_news.php?id=109527


Bulgaria Finds Itself Engulfed by Swine Flu Epidemic

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www.novinite.com/view_news.php?id=109520


Southeast Bulgarian Districts Declare Swine Flu Epidemic

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www.novinite.com/view_news.php?id=109506


Bulgaria Distributes Antiviral Drugs to Hospitals over Swine Flu

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www.novinite.com/view_news.php?id=109482


Society

Bulgaria Jobless Rate Shoots up in October

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www.novinite.com/view_news.php?id=109689


EU Report Shows Decrease in Bulgaria Drug Law Offences

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www.novinite.com/view_news.php?id=109659


Bulgarians More Pro-Russian Than Rest of Europe - Survey

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www.novinite.com/view_news.php?id=109586


Bulgaria Trakiya Highway Tender Set for November 12

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www.novinite.com/view_news.php?id=109578


Bulgaria's First Snowy Cold Spell to Spread Nationwide

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www.novinite.com/view_news.php?id=109562


Bulgaria's Drivers with Lights On Day and Night

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www.novinite.com/view_news.php?id=109486


Bulgaria Pays Tribute to Enlighteners

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www.novinite.com/view_news.php?id=109484


Bulgaria Vice-President Attacks Government Citizenship Plan

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www.novinite.com/view_news.php?id=109483


Industry

BGN 55 M of Salaries Delayed at Bulgaria Steel Mill Kremikovtzi

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www.novinite.com/view_news.php?id=109634


Wood-Processing First Bulgarian Industry to Recover from Crisis

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www.novinite.com/view_news.php?id=109551


Bulgaria in EU

Bulgaria Foreign Minister, Barroso Discuss Her Commissioner Nomination

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www.novinite.com/view_news.php?id=109671


Bulgaria Confirms Support for Montenegro EU Membership

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www.novinite.com/view_news.php?id=109669


EU Watchdog Slams Bulgaria over Drug Addict Treatment

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www.novinite.com/view_news.php?id=109657


Czech Official Warns of EU-Quitting Plans over Lisbon Treaty

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www.novinite.com/view_news.php?id=109646


104 Bulgarian Customs Officers Face Redundancy

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www.novinite.com/view_news.php?id=109620


UK Extends Tough Restrictions on Bulgaria Workers to 2011

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www.novinite.com/view_news.php?id=109589


Czech President Klaus Signs, EU Lisbon Treaty Ratified

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www.novinite.com/view_news.php?id=109574


EC: Bulgaria Only EU State with Acceptable 2010 Budget Deficit

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www.novinite.com/view_news.php?id=109571


Czech Constitutional Court Gives Green Light to Lisbon Treaty

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www.novinite.com/view_news.php?id=109553


European 'Water Cycle' Satellite Launches into Orbit

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www.novinite.com/view_news.php?id=109511


22 Million Europeans Jobless as Unemployment Rate Rises

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www.novinite.com/view_news.php?id=109470


Swine Flu Epidemic

Bulgaria Amends Legislation in Rush to Provide Swine Flu Vaccines

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www.novinite.com/view_news.php?id=109684


Sports

Coach of Bulgaria Top Football Club CSKA Resigns

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www.novinite.com/view_news.php?id=109712


Bolivia Refuses to Play Ball with Bulgaria

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www.novinite.com/view_news.php?id=109711


Bulgarian Striker Berbatov Declared Fit for United's Sunday Clash

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www.novinite.com/view_news.php?id=109705


Levski Owner Accuses Bulgaria Anti-Mafia Cop in 'Kazan Affair'

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www.novinite.com/view_news.php?id=109663


Bulgarians Hristov, Dimitrov Win Gold at World Bodybuilding Championship

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www.novinite.com/view_news.php?id=109631


New York Yankees Defeat Phillies, Win 27th World Series Title

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www.novinite.com/view_news.php?id=109630


CSKA Sofia Owner Announces Return of Suspended Players

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www.novinite.com/view_news.php?id=109599


Bulgaria Sentences 3 after Derby Mass Brawl

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www.novinite.com/view_news.php?id=109535


Villa Star Petrov to Quit Playing for Bulgaria in 2012

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www.novinite.com/view_news.php?id=109524


Bulgaria's Berbatov Faces Make-or-Break Season - Blackburn Boss

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www.novinite.com/view_news.php?id=109518


Bulgaria's Berbatov Basks in Praise for Win over Blackburn

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www.novinite.com/view_news.php?id=109495


Bulgaria Cracks Down on Tax-Evading Football Clubs

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www.novinite.com/view_news.php?id=109493


Properties

Russian Oligarchs Throw Money around at Bulgaria Black Sea Properties

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www.novinite.com/view_news.php?id=109714


Crisis Revives Demand for Bulgaria's Socialist Era Apartments

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www.novinite.com/view_news.php?id=109610


Domestic

Bulgaria Prime Minister Borisov: I Stopped Abuses in 100 Days

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www.novinite.com/view_news.php?id=109719


Bulgaria PM: Ethnic Turkish Leader Covered Up All Traces

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www.novinite.com/view_news.php?id=109704


Bulgaria Personal, Economic Prosperity Prospects in Decline

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www.novinite.com/view_news.php?id=109697


Bulgaria Lifts the Lid on Road Controversy

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www.novinite.com/view_news.php?id=109694


Bulgaria Ex-Minister: I Am Victim of Monstrous Libel

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www.novinite.com/view_news.php?id=109683


Bulgaria Prosecutor Initiates Charges against Ex-Labor Minister

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www.novinite.com/view_news.php?id=109680


Bulgarian Municipalities Want 20% of Personal Income Tax

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www.novinite.com/view_news.php?id=109678


Bulgaria FBI Head: Agency Can Not Keep Classified Info Safe

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www.novinite.com/view_news.php?id=109651


5 New Magistrates Exposed in Bulgaria Judicial Corruption Scandal

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www.novinite.com/view_news.php?id=109639


Minister: Bulgaria's Land Swap Abuses Worth over BGN 1 B

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www.novinite.com/view_news.php?id=109632


Bulgarian PM Boyko Borisov Enjoys Public Support of 64% - Poll

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www.novinite.com/view_news.php?id=109624


Bulgaria Ex Security Agency Head to Face Court over Leak Scandal

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www.novinite.com/view_news.php?id=109621


New Bulgarian Top Secret Report Leaks in Germany

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www.novinite.com/view_news.php?id=109616


Bulgaria Parliament Set to Raise Gambling Tax to 12%

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www.novinite.com/view_news.php?id=109613


Bulgaria Govt More than Happy with First 100 Days in Office

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www.novinite.com/view_news.php?id=109612


Bulgaria Cabinet Adopts Governmental Program with 7 Policies, 157 Goals

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www.novinite.com/view_news.php?id=109611


Villagers Protest Bulgaria Lyulin Highway Construction Irregularities

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www.novinite.com/view_news.php?id=109607


Bulgaria Socialists Slam Stanishev Parliament Immunity Vote

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www.novinite.com/view_news.php?id=109596


Ex Bulgaria PM Could Face Jail over Missing Security Documents

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www.novinite.com/view_news.php?id=109593


Balanced Budget, Fighting Contraband Key for Bulgaria Govt's Next 100 Days

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www.novinite.com/view_news.php?id=109580


Bulgaria Ex PM Stanishev Gives up MP Immunity Voluntarily

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www.novinite.com/view_news.php?id=109579


Bulgaria's Ex-PM Stanishev: Borisov Had 100 Days of Lies, Failures

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www.novinite.com/view_news.php?id=109572


Bulgaria Interior Minister: Ex-PM Failed to Return 2 Secret Reports

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www.novinite.com/view_news.php?id=109565


Bulgarian Conservatives RZS Demand New Constitution

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www.novinite.com/view_news.php?id=109557


Bulgaria's Ex PM Stanishev May Be Stripped of MP Immunity

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Bulgaria Rightist Leader Praises Borisov's 100 Days in Power

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Bulgaria National Health Insurance Fund Director Resigns

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PM Borisov Uses Muscles, Laws to Put Bulgaria FBI in Order

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Minister: 15 000 Driver's Licenses Bought in Bulgaria Annually

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Left-wing Leader Calls for Ousting Bulgaria Oligarchy from Power

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Bulgarian PM Borisov Stopped Playing Sports after Taking Office

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Bulgaria PM Borisov Happy with First 100 Days in Office

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Bulgaria Quits Plans for Shutdown of National Security Agency

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Bulgaria Socialists Accused of Involvement with Bank Affair

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Bulgaria Government to Declassify All Public-Private Contracts

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BSP Leader Stanishev Leaves Ex Ministers Out of Party Executive

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Bulgaria FBI Set for Changes after Scandals 'Damage Agency'

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Archaeology

Bulgarian Archaeologists Find Silver Treasure in Thracian Tomb

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100 Days

Bulgaria PM Borisov: We Achieved Balanced Budget in 100 Days

It can be said Bulgaria's state budget is already balanced as a surplus of BGN 52 M has been achieved for October 2009.

This was announced Tuesday by Prime Minister Boyko Borisov during the Fourth Annual Meeting of Government and Business organized together with the Confederation of Employers and Industrialists in Bulgaria (CEIBG).

Borisov declared that securing financial stability by reducing the deficit that emerged in the summer of 2009 and balancing the budget is the most crucial achievement of the government in its first 100 days (July 27 – November 3, 2009).

The Prime Minister stressed the GERB party government inherited huge deficits in all sectors and took drastic measures to rectify the situation by cutting state spending.

“The achieving of a balanced budget is a crucial signal for foreign investors, for financial stability, and credit interest rates,” Borisov said.

As another major achievement of his first 100 days in office he pointed to the unblocking of frozen EU funds.

Borisov stressed the importance of financial stability and security as a top priority of his government, and announced that he had formed a special council of economy experts to advise him on financial matters.

The newly formed council includes Kristalina Georgieva, Vice-President of the World Bank; Lyubomir Hristov, former advisor of the World Bank President, and Professor Iliyan Mihov.

"The Ministers have had it really tough with what they have discovered in their ministries. They cannot stop talking about that because either there is no money, or there are contracts leaving their institutions deeply in debt,” the Prime Minister said.

“We have not enjoyed a bit of “media comfort”. They started to count my days since the very beginning. If my father was alive, he would say, “Son, you are a dummy for taking responsibility with all this deficit during the hardest economic crisis. If you don’t like what I do – you can have new elections,” stressed Borisov adding that even the very fact that his government stopped the swap deals with state lands was an important achievement.

The PM asked the some 200 top Bulgarian businessmen present at the meeting “not to reduce their business more than they have to.”

Borisov also said the fact that former Finance Minister Plamen Oresharski attack his successor Simeon Djankov over the idea to deposit part of Bulgaria’s fiscal reserve at commercial banks while Oresharski himself had done that through a secret deal with the central bank was clearly an attempt to deliberately affect the stability of the banking system.
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Tourism

Bulgaria Ski Resorts 40% Cheaper Than French Alps - Survey

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Crime

Turkish National with Fake Bulgarian ID Fleeces UK Casinos

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Corrupt Bulgaria Veterinarian Head Faces 15 Years in Jail

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Bulgaria Police Free 2 Kidnapped Girls

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Bulgaria Businessman Speaks out about Bribing Corrupt Prosecutor

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35-Year-Old Bulgarian Woman Found Murdered in Padua, Italy

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Strasbourg Rules against Bulgaria, Slams Prosecution Model

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Bulgaria Prosecutor to Release Full List of Corrupt Magistrates

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Drug Alert in Bulgaria's Ruse over Sneakers on Power Lines

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Sofia Police Find "Kidnapped" Man, Arrest 2

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Bulgarian Football Hooligan Jailed after Derby Mass Brawl

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Bulgaria PM to Alert Prosecutors over BGN 300 M of Drained VAT

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Bulgaria Wants All Forests, BGN 5 M from Former Tsar Saxe-Coburg

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Sreten Josic Masterminded Murders in Bulgaria â Police

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Bulgaria Police Investigate Possible Sofia Kidnapping

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Bulgaria Delays Trial against CSKA Ex-President Tomov

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Bulgaria to Increase Jail Sentence for Credit Fraudsters

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Bulgaria Prosecutor Demands Stripping Ex-PM Stanishev of Immunity

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Bulgaria Police Capture 150 Kilos of Amphetamines

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1 Military, 2 Police Officers Busted in Bulgaria Car Theft Scheme

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Bulgaria to Introduce Life Jail Sentence for Violent Kidnapping

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5 Kilos of Heroin Seized on Bulgaria-Turkey Border, 4 Arrested

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Armed Robbery in Downtown Sofia

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Bulgarian Mayor Caught Red-Handed at Poaching Party

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Bulgaria Police Bust Bus Company for Turkey Gold Smuggling

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Sofia Public Bus Stolen, Tracked down by GPS

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Bulgaria Police Arrest Vote-Buyers During Plovdiv Local Election

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Bulgaria FBI Warns of Crime Increase over Financial Crisis

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Show Buzz

Miss Bulgaria Puts on Her Final Touches for Miss World Contest

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Bulgaria First Music Idol Sued by Producers

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Bulgaria Foreign Minister Jeleva to Dance at VIP Reality Show

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Obituaries

French Anthropologist Claude Levi-Strauss Dies at 100

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Elections 2009

Sofia Bans Alcohol Sale on Election Day

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Vote for the New Sofia Mayor at Novinite.com

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Interview

Franco Del Fabbro, CEO of Kraft Foods Bulgaria: There is Never a Dull Moment in Bulgaria!

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BSPB Director Nada Tosheva: Few Countries Can Rival Bulgaria's Diverse Nature

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Views on BG

Bulgaria: The Sweet Taste of the Black Sea

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Bulgaria Won't be Celebrating 1989

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Bulgaria: Soviet Silicon Valley Revived

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Bulgarian Girl, 11, Gives Birth to Her Daughter... on Her Wedding Day

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Dolph Lundgren Filmed 'Command Performance' In Bulgaria, Despite Russian Inspiration

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Obama 'Doesn't Care' about Eastern Europe, Claims Analyst

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Berbatov Touch of Class Fills Void Left by Ronaldo

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World's Youngest Mother at 11?

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Winery a Romantic Dream Come True

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Swine Flu Discourages Bulgaria Pilgrims

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Editorial

Tango or Waltz? European Dancing Stars out of Step

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Smile

The Communists Are Back!

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World

Florida Gunman Arrested after Killing 1, Wounding 5 in Orlando Shooting Spree

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2 Dead, 6 Wounded in Shooting Rampage in Orlando, Florida

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Young Angela Merkel Saunas as Berlin Wall Falls

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US Major Held after Base Shooting, 13 Killed

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US Shooter Survives Carnage at Fort Hood, Texas

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Death Toll of Vietnam Floods after Typhoon Mirinae Exceeds 100

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12 Men Killed in Shooting at US Military Base in Fort Hood, Texas

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Karadzic Genocide Trial Adjourned to March 1

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Hezbollah 'Categorically' Denies Israeli Arms Claims

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French Foreign Minister: Karzai is 'Corrupt' but He Is 'Our Guy'

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General Motors to Cut 10 000 Jobs at European Opel Unit

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22 CIA Agents Convicted in Italy Kidnapping Case

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Israeli Navy Seizes Iran Arms Ship

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Chief International War Crimes Prosecutor Set for Serbia Visit

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Five UK Soldiers Shot Dead by 'Rogue' Afghan Policeman

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General Motors Cancels Plan to Sell Opel, Seeks EU Aid

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Republicans Win Key Governor Votes in US Elections

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US President Obama: Angela Merkel Is 'Exceptional Leader'

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Bosnian Serb Leader Karadzic Defiant at Hague War Crimes Trial

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5,9-Magnitude Earthquake Rattles Greece

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Pakistan Army Takes Control of Taliban Stronghold

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Polish President Auctions off Faulty Lisbon Treaty Pen

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Bosnian Serb Leader Karadzic Set to Attend War Crimes Trial

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Afghanistan Election Runoff Canceled, Karzai Declared President

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CIT Files for 5th Largest US Bankruptcy

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China's Attempt to Fight Drought Provokes Surprise Snow in Beijing

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New Deadly Terrorist Attacks in Pakistan, UN Pulls out Staff

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MacDonald's Pulls out of Iceland

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Russian Military Plane Crashes, 11 Dead

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Six Women Found Dead at Convicted Rapist's Home in Ohio

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Russia President Medvedev Slams Stalin Supporters

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15 Killed in Mexico Ranch Massacre

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