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ARCHIVE - 26 December 2012

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Business

Grey Sector of Bulgarian Economy Exceeds 30% - Expert

The grey sector of the Bulgarian economy exceeds 30% and is even bigger on the labor market, according to Kamen Kolev, Deputy Chair of the Bulgarian Industrial Association (BIA).

Business | December 26, 2012, Wednesday // 17:17

7 Investors Interested in Freight Unit of Bulgarian State Railways

Seven investors have shown interest in the privatization of the cargo unit of Bulgarian State Railways (BDZ) company, according to Emil Karanikolov, Executive Director of the Privatization and Post-Privatization Control Agency (PPCA).

Business | December 26, 2012, Wednesday // 16:19

Politics

Bulgarian Ethnic Turkish Party Calls for Expert Cabinet

Bulgaria's ethnic Turkish Movement for Rights and Freedoms (DPS) party has argued that a government of experts should assume office in 2013.

Politics » Domestic | December 26, 2012, Wednesday // 20:04

Notorious Bulgarian Lobbyist Cleared of Perjury

Bulgaria's Supreme Court of Cassation (VKS) has conclusively upheld the acquittal of notorious businessman and alleged court lobbyist Krasimir Georgiev, aka Krasio the Black, on perjury charges.

Politics » Domestic | December 26, 2012, Wednesday // 18:57

Society

Girl Makes Bracelets to Help Family Adopt Bulgarian Kids

7-year-old Kansas girl Olivia Heaston is making and selling bracelets to help her parents adopt two Bulgarian children.

Society | December 26, 2012, Wednesday // 13:52

Bulgaria's 2012 Christmas Charity Raises BGN 1.5 M

The "Bulgarian Christmas" charity, which was launched for the tenth time at the beginning of December, has collected a total of BGN 1.5 M so far.

Society » Health | December 26, 2012, Wednesday // 11:20

Crime

Man Dies in Bulgaria's Latest Hunting Accident

A 73-old man died in Bulgaria on Tuesday after he was shot, presumably accidentally, by a fellow hunter.

Crime | December 26, 2012, Wednesday // 12:30

Police Say Bizarre Sofia Subway Accident Was Robbery Attempt

The accident in which a 48-year-old woman was almost killed in Bulgarian capital Sofia's subway was a robbery attempt, local police have revealed.

Crime | December 26, 2012, Wednesday // 10:47

World

Greek Tourism Minister Vows VAT Decrease for Restaurant Sector

The Greek government will attempt to reduce the Value Added Tax (VAT) rate on restaurant, cafe and bar bills to 13% from the current 23%, according to Tourism Minister Olga Kefaloyiani.

World | December 26, 2012, Wednesday // 18:08

Turkey Visited by 30 M Foreign Tourists in Jan-Nov 2012

In the period January-November 2012, Turkey was visited by over 30 million foreign tourists, up by 0.5% from the same period of 2011.

World | December 26, 2012, Wednesday // 15:20

China Launches World's Longest High-Speed Rail Line

China began service on Wednesday on the world's longest high-speed rail line, covering a distance of 2,300km in just eight hours.

World | December 26, 2012, Wednesday // 14:52

New Quake Shakes Russia's Sochi

A 5.6 magnitude earthquake has been registered in the vicinity of Russia's Sochi, the 2014 Olympic capital.

World | December 26, 2012, Wednesday // 13:03

Egypt's President Signs New Constitution into Law

Egyptian President Mohamed Morsi has signed a decree putting into effect his country's newly approved constitution.

World | December 26, 2012, Wednesday // 11:46

Shinzo Abe Named Japan's New PM

Japan's Parliament formally elected Shinzo Abe, an outspoken nationalist, as Prime Minister on Wednesday.

World | December 26, 2012, Wednesday // 10:15