ARCHIVE - 8 November 2012

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Business

Sofia, Varna, Burgas Bulgaria's Major Investment Destinations - Report
Bulgaria's Average Wage Up 8.8% in Q3 2012 Y/Y
Hyundai Dealer in Bulgaria Fined BGN 15.9 M over Competition Breaches
Bulgaria, Shanghai Seek to Deepen Economic Ties
Bulgaria MPs OK Budget Bill 2013 amid Sharp Criticism
Bulgaria's Parliament Holds 1st Reading of 2013 Budget
South Stream Cost Swells to EUR 16 B
Turkey Confirms It Will Not Build N-Plant on Bulgarian Border
Bulgaria-Assembled Great Wall Cars Presented in Macedonia

Politics

Putin Offers Condolences to Bulgaria over Death of Patriarch
Plovdiv Judge Nominated for Chief Prosecutor - Report
Plovdiv Special Police Cancel Holiday over PM's Football Game
Independent Bulgarian MPs to Form New Conservative Party
Tainted Bulgarian Judge Firm in Her Constitutional Court Aim

Society

Bulgarian Expats Demand Equal Rights at VP Forum in Brussels
Bulgaria's New Chief Prosecutor to be Known in December
J-Lo Picks Sensible Diet to Stay in Fabulous Shape in Sofia
Annual Household Spending on Culture in Bulgaria at BGN 4
Sofia Orthodox Christians Bid Farewell to Patriarch
Bulgarian Orthodox Christians Celebrate Michaelmas
Bulgarian Archaeologists Find Unique Gold Thracian Treasure

Crime

Bulgarian Well-Known Judge Up in Arms аgainst Interior Min Again
Prosecutor Asks Life without Parole for 5 Bulgarian 'Killers'
Sofia Currency Exchange Robbed
Bulgarian Court to Hold Hearing on Controversially Sacked Judge

World

French Woman Becomes First Female Chief of Interpol
Kenyan Mother Names Twins Obama and Romney
Reelected Obama Returns to DC to Tackle Fiscal Cliff
Greek Parliament Adopts Austerity Cuts amid Protests
Al-Assad Vows to Live and Die in Syria, Warns World of Domino Disaster
Sandy-Embattled US East Coast Hit by New Storm
Guatemala Quake Kills at Leat 48 People

Business

Sofia, Varna, Burgas Bulgaria's Major Investment Destinations - Report

Three major cities – Sofia, Varna, and Burgas – are increasingly becoming Bulgaria's key investment destinations, a trend that is exacerbating the country's depopulation, according to a report of the Institute for Market Economy (IME), a Sofia-based NGO.

Business | November 8, 2012, Thursday // 20:19

Bulgaria's Average Wage Up 8.8% in Q3 2012 Y/Y

In the third quarter of 2012, compared with the second quarter of 2012, the average monthly wages and salaries in Bulgaria decreased by 0.5% and were BGN 754.

Business | November 8, 2012, Thursday // 17:56

Hyundai Dealer in Bulgaria Fined BGN 15.9 M over Competition Breaches

The Commission for Protection of Competition (KZK) imposed a record fine of BGN 15 988 300 on Industrial Commerce EOOD, authorized dealer of car manufacturer Hyundai in Bulgaria.

Business | November 8, 2012, Thursday // 15:57

Bulgaria, Shanghai Seek to Deepen Economic Ties

Bulgaria's government has approved a draft memorandum of understanding on economic cooperation with China's eastern municipality of Shanghai.

Business | November 8, 2012, Thursday // 09:11

Bulgaria MPs OK Budget Bill 2013 amid Sharp Criticism

Bulgaria's Budget 2013 passed first reading Thursday, following five hours of debates.

Business » Finance | November 8, 2012, Thursday // 17:30

Bulgaria's Parliament Holds 1st Reading of 2013 Budget

The first reading of Bulgaria's State Budget 2013 started Thursday in Parliament.

Business » Finance | November 8, 2012, Thursday // 12:22

South Stream Cost Swells to EUR 16 B

The construction of the South Stream gas pipeline will cost EUR 16 B, not EUR 15.5 B, as initially planned, according to Alexey Serebryakov, First Deputy Head at Gazprom's Project Management Department.

Business » Energy | November 8, 2012, Thursday // 18:11

Turkey Confirms It Will Not Build N-Plant on Bulgarian Border

Turkey has confirmed that it has no intention to construct a nuclear power plant just several kilometers away from its border with Bulgaria, according to a Bulgarian MEP.

Business » Energy | November 8, 2012, Thursday // 12:29

Bulgaria-Assembled Great Wall Cars Presented in Macedonia

Macedonia has become the first market outside Bulgaria to officially import Great Wall vehicles assembled by Bulgaria's Litex Motors, it has been made clear.

Business » Industry | November 8, 2012, Thursday // 11:34

Politics

Putin Offers Condolences to Bulgaria over Death of Patriarch

Russian President Vladimir Putin has extended condolences over the death of Bulgaria's Orthodox Patriarch Maxim, who passed away at the age of 98 on Tuesday.

Politics » Diplomacy | November 8, 2012, Thursday // 13:29

Plovdiv Judge Nominated for Chief Prosecutor - Report

Seven members of Bulgaria's Supreme Judicial Council, VSS, have nominated Thursday, Sotir Tsatsarov, for the country's new Chief Prosecutor.

Politics » Domestic | November 8, 2012, Thursday // 16:00

Plovdiv Special Police Cancel Holiday over PM's Football Game

Special police troops in the Bulgarian city of Plovdiv have canceled their professional holiday, as they will have to police a friendly football game between the teams of Botev Plovdiv and Vitosha Bistritsa, according to Mediapool.

Politics » Domestic | November 8, 2012, Thursday // 14:43

Independent Bulgarian MPs to Form New Conservative Party

Independent Bulgarian MPs who left the ranks of the marginal conservative Order, Law, and Justice (RZS) party, will set up a new right-wing conservative party.

Politics » Domestic | November 8, 2012, Thursday // 14:32

Tainted Bulgarian Judge Firm in Her Constitutional Court Aim

Embattled Bulgarian magistrate, Veneta Markovska, has sent a letter to the Chair of the Constitutional Court, declaring she would take the oath of office after it is proven that her reputation as judge and person is impeccable.

Politics » Domestic | November 8, 2012, Thursday // 14:00

Society

Bulgarian Expats Demand Equal Rights at VP Forum in Brussels

The Bulgarian diaspora reiterates requests for the establishment of a voting region "Abroad" and elimination of restrictions for Bulgarians with dual citizenship to actively participate in the politics of the country.

Society | November 8, 2012, Thursday // 14:52

Bulgaria's New Chief Prosecutor to be Known in December

The vote to appoint Bulgaria's new Chief Prosecutor will take place in mid-December, the Supreme Judicial Council, VSS, decided Thursday.

Society | November 8, 2012, Thursday // 13:10

J-Lo Picks Sensible Diet to Stay in Fabulous Shape in Sofia

Latin diva and sex symbol Jennifer Lopez has laid out a long list of demands regarding her diet and backstage surroundings during her upcoming and keenly awaited concert in Sofia, due in ten days.

Society » Culture | November 8, 2012, Thursday // 17:51

Annual Household Spending on Culture in Bulgaria at BGN 4

A Bulgarian household spends a mere BGN 4 on cinema, theater, and concerts a year, according to two surveys on the role of culture in the economy.

Society » Culture | November 8, 2012, Thursday // 13:25

Sofia Orthodox Christians Bid Farewell to Patriarch

A Hierarchical Divine Liturgy has been held in Bulgaria's capital Sofia in honor of the country's late Orthodox Patriarch Maxim.

Society » Culture | November 8, 2012, Thursday // 10:21

Bulgarian Orthodox Christians Celebrate Michaelmas

The Bulgarian Orthodox Church honors on Thursday Michaelmas, the feast of St Michael the Archangel, or the feast of Michael and All Angels.

Society » Culture | November 8, 2012, Thursday // 08:08

Bulgarian Archaeologists Find Unique Gold Thracian Treasure

Bulgarian archaeologists have found a unique gold Thracian treasure in the famous Sveshtari tomb.

Society » Archaeology | November 8, 2012, Thursday // 11:49

Crime

Bulgarian Well-Known Judge Up in Arms аgainst Interior Min Again

A well-known Bulgarian judge, who is a harsh government critic, has appealed the acquittal of the country's interior minister in a high-profile libel trial.

Crime | November 8, 2012, Thursday // 19:10

Prosecutor Asks Life without Parole for 5 Bulgarian 'Killers'

A Prosecutor in Bulgaria's high-profile criminal case codenamed The Killers asked life without parole for five defendants.

Crime | November 8, 2012, Thursday // 17:27

Sofia Currency Exchange Robbed

An armed robbery occurred on Thursday at a currency exchange bureau in Bulgarian capital Sofia's Studentski Grad (College Town).

Crime | November 8, 2012, Thursday // 10:50

Bulgarian Court to Hold Hearing on Controversially Sacked Judge

Bulgaria's Supreme Administrative Court is to hold a hearing in the appeal of Judge Miroslava Todorova, who was notoriously dismissed by the Supreme Judicial Council in July.

Crime | November 8, 2012, Thursday // 08:35

World

French Woman Becomes First Female Chief of Interpol

Interpol has elected a French police commissioner Mireille Ballestrazzi as its first female president ever.

World | November 8, 2012, Thursday // 20:06

Kenyan Mother Names Twins Obama and Romney

A 20-year-old Kenyan mother has made headlines around the world after naming her newborn twins Barack Obama and Mitt Romney.

World | November 8, 2012, Thursday // 17:09

Reelected Obama Returns to DC to Tackle Fiscal Cliff

The US President-reelect, Barack Obama, has had a very short break to rejoice over the win, as he has returned to Washington to attempt to overcome a deadlock with Republicans over reducing the deficit.

World | November 8, 2012, Thursday // 16:41

Greek Parliament Adopts Austerity Cuts amid Protests

The Greek parliament on Thursday narrowly adopted a fresh round of austerity measures, despite violent protests across the country.

World | November 8, 2012, Thursday // 16:22

Al-Assad Vows to Live and Die in Syria, Warns World of Domino Disaster

Syrian President Bashar al-Assad has made it clear he has no intention to stop the gruesome civil war, leave the country and accept the offer of safe passage a few countries have offered.

World | November 8, 2012, Thursday // 15:21

Sandy-Embattled US East Coast Hit by New Storm

The US East Coast, reeling from monstrous storm Sandy and difficulties in organizing the November 6 presidential election in its aftermath, has been hit by another natural disaster.

World | November 8, 2012, Thursday // 12:21

Guatemala Quake Kills at Leat 48 People

The powerful 7.4-magnitude earthquake that struck off the coast of Guatemala on Wednesday has killed at least 48 people, the country's President has said.

World | November 8, 2012, Thursday // 09:41