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ARCHIVE - 3 December 2012

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Business

2nd Bulgaria-Romania Bridge to Become Functional in May 2013
Bulgarian Minister Highlights 5 Spheres to Bring Economic Growth in 2013
Youth Unemployment Accounts for 1/5 of Bulgaria's Jobless - Govt Data
Alpha Bank Expected to Sell Seized Bulgarian Media Group
FinMin Touts Taxes Yet Again as Bulgaria's Competitive Advantage
Bulgarian Right-Wingers to Register Anti-Nuclear Plant Committee
German RWE to Quit Nabucco, Sell Share to OMV
Bulgaria's Faltering Military Giant Goes for All-out Strike
Brits Should Bet on Bulgaria for Best Bargain Ski Breaks - Survey

Politics

Obama Hosts Bulgaria PM, Burgas Terror Attack Tops Agenda
Bulgaria's President Proposes Cross-Party Pact on EU Funds Absorption
Bulgaria's EU Transport Funding in 2014-2020 to Suffice for 3 Major Projects
EC Opens Antitrust Proceedings against Bulgarian Energy Holding
Bulgaria Expectedly Tops EU Poverty Risk Ranking - Eurostat
Bulgaria's EU Commissioner: Improving Business Climate Must Be Main Priority
Bulgaria's Ruling Party Turns 6 amid Decreasing Support
Bulgarian MEP Pins Hopes on New Right-Wing Coalition

Society

3 Bulgarian Fishermen Rescued after Night on Cliff off Burgas Coast
IWC Christmas Bazaar Proves Great Success, Brings the World to Bulgaria for Day
4.8-Magnitude Earthquake Shakes Bulgaria's Black Sea Coast
Snow Removal Starts in Bulgaria's Sofia
Bulgaria's Capital Sofia Enjoys First Snow for 2012 Winter
Thin Snow Covers Bulgaria's Mountain Tops
Light Quake Registered in Bulgarian Coastal Varna Region
Metal Science Expert Heads Bulgaria's Academy of Sciences

Sports

Bulgarian Football Teams Embarrassingly Low in World Ranking

Crime

Bulgarian Court Alerted by Fake Bomb

Views on BG

A Bulgarian Blogger with Some Big Ideas*
Bulgaria Offers Citizenship to Foreign Investors
Italian Drivers Turn to Bulgaria to Dodge Fines

Smiles

Surviving in Times of Crisis

Quotes

Today's Quote

World

Prince William, Catherine Expecting Baby
Turkey Scrambles Fighter Jets along Syrian Border
Gazprom, Rosneft, Lukoil Ranked Russia's Most Desired Employers
Moscow Investigates 190-km Traffic Jam on 'Russia' Highway
UK, France React Strongly to Israeli Plans for New Settler Homes in West Bank
Syrian Regime Batters Rebels in Attempt to Secure Damascus
Ex PM Pahor Beats Turk for Slovenian Presidency
Ukrainian President Yanukovych Sacks PM Azarov, Govt
2012 Global CO2 Emissions Break 2010 Record
UN Warns Israel of 'Fatal Blow' to Peace
Japan Sasago Tunnel Collapse Kills Nine

Business

2nd Bulgaria-Romania Bridge to Become Functional in May 2013

The so-called Danube Bridge 2 connecting Bulgaria and Romania will become functional in May 2013, Bulgarian Transport Minister Ivaylo Moskovski announced Monday.

Business | December 3, 2012, Monday // 17:31

Bulgarian Minister Highlights 5 Spheres to Bring Economic Growth in 2013

Delyan Dobrev, Bulgaria's Minister of Economy, Energy, and Tourism, has outlined five spheres which can stimulate economic growth in 2013.

Business | December 3, 2012, Monday // 15:12

Youth Unemployment Accounts for 1/5 of Bulgaria's Jobless - Govt Data

Bulgaria's youth unemployment (referring to persons aged under 29) made up 21.5% of the total number of jobless people in the country at the end of October 2012, according to official figures from the State Employment Agency released Monday.

Business | December 3, 2012, Monday // 13:51

Alpha Bank Expected to Sell Seized Bulgarian Media Group

The Bulgarian unit of Greece's Alpha Bank, which last week surprisingly seized control of Economedia, the second largest publishing group in the country, will seek to sell the company in the near future, the media owners fear.

Business | December 3, 2012, Monday // 08:09

FinMin Touts Taxes Yet Again as Bulgaria's Competitive Advantage

Bulgarian Finance Minister Simeon Djankov has dismissed warnings about Bulgaria's worsening international economic competitiveness vis-a-vis nations experiencing debt crisis that are therefore forced to make drastic reforms.

Business » Finance | December 3, 2012, Monday // 15:45

Bulgarian Right-Wingers to Register Anti-Nuclear Plant Committee

Bulgaria's Democrats for Strong Bulgaria party is to officially launch its campaign against the construction of a new nuclear power plant in the country.

Business » Energy | December 3, 2012, Monday // 19:34

German RWE to Quit Nabucco, Sell Share to OMV

German utility RWE is about to quit the Nabucco gas pipeline project, according to sources close to the matter.

Business » Energy | December 3, 2012, Monday // 13:35

Bulgaria's Faltering Military Giant Goes for All-out Strike

Thousands of workers of the largest Bulgarian military plant, the state-owned VMZ Sopot, will be out on an effective strike as of the morning of December 13, 2012, the Podkrepa ("Support") Labor Confederation announced Monday.

Business » Industry | December 3, 2012, Monday // 17:33

Brits Should Bet on Bulgaria for Best Bargain Ski Breaks - Survey

For the second year in a row, a respected cost comparison survey has picked Bulgaria as the best value deal for British skiers.

Business » Tourism | December 3, 2012, Monday // 13:50

Politics

Obama Hosts Bulgaria PM, Burgas Terror Attack Tops Agenda

Bulgaria's Prime Minister, Boyko Borisov, is about to confer on December 3 with US President, Barack Obama, at the White House in Washington DC.

Politics » Diplomacy | December 3, 2012, Monday // 07:42

Bulgaria's President Proposes Cross-Party Pact on EU Funds Absorption

President Rosen Plevneliev has suggested that political parties in Bulgaria should seal a national pact for EU funds absorption.

Politics » Bulgaria in EU | December 3, 2012, Monday // 17:50

Bulgaria's EU Transport Funding in 2014-2020 to Suffice for 3 Major Projects

The money Bulgaria will receive under the Transport Operational Program in the next programming period will suffice for the construction of three major road infrastructure projects, according to Regional Development Minister Lilyana Pavlova.

Politics » Bulgaria in EU | December 3, 2012, Monday // 16:23

EC Opens Antitrust Proceedings against Bulgarian Energy Holding

The European Commission has has opened formal proceedings to investigate whether the Bulgarian Energy Holding (BEH) may be abusing its dominant market position in the wholesale electricity market in Bulgaria.

Politics » Bulgaria in EU | December 3, 2012, Monday // 14:10

Bulgaria Expectedly Tops EU Poverty Risk Ranking - Eurostat

Bulgaria had the highest share of persons at risk of poverty or social exclusion in the EU in 2011, according to Eurostat data released Monday.

Politics » Bulgaria in EU | December 3, 2012, Monday // 14:03

Bulgaria's EU Commissioner: Improving Business Climate Must Be Main Priority

Improving the business climate must be among Bulgaria's main priorities, according to Kristalina Georgieva, EU Commissioner for International Cooperation, Humanitarian Aid, and Crisis Response.

Politics » Bulgaria in EU | December 3, 2012, Monday // 12:36

Bulgaria's Ruling Party Turns 6 amid Decreasing Support

Monday marks six years since Bulgaria's ruling centrist-right GERB party was officially established.

Politics » Domestic | December 3, 2012, Monday // 16:20

Bulgarian MEP Pins Hopes on New Right-Wing Coalition

Bulgarian MEP Nadezhda Neynsky has expressed her hope that a unified right-wing political formation may emerge in the aftermath of the scandal that rattled the Union of Democratic Forces (UDF) party.

Politics » Domestic | December 3, 2012, Monday // 14:24

Society

3 Bulgarian Fishermen Rescued after Night on Cliff off Burgas Coast

Two of three fishermen, who were rescued from a cliff off the Bulgarian Black Sea coast of Burgas, have been released from hospital in a stable condition.

Society | December 3, 2012, Monday // 12:05

IWC Christmas Bazaar Proves Great Success, Brings the World to Bulgaria for Day

The Bulgarian branch of the International Women's Club organized with great success the eighteenth traditional Christmas charity bazaar.

Society | December 3, 2012, Monday // 09:40

4.8-Magnitude Earthquake Shakes Bulgaria's Black Sea Coast

An earthquake with a magnitude of 4.8 on the Richter Scale has been registered along Bulgaria's northeast coast in the Black Sea.

Society » Environment | December 3, 2012, Monday // 21:46

Snow Removal Starts in Bulgaria's Sofia

Snow removal machines were spotted in Bulgaria's capital Sofia, as the city witnessed its first snowfall for the winter of 2012-2013 on Monday.

Society » Environment | December 3, 2012, Monday // 18:13

Bulgaria's Capital Sofia Enjoys First Snow for 2012 Winter

Bulgaria's capital Sofia had Monday, December 3, its first snowfall for the winter of 2012-2013.

Society » Environment | December 3, 2012, Monday // 14:38

Thin Snow Covers Bulgaria's Mountain Tops

A blanket of thin snowy layer of up to 10 cm has covered the mountain peaks and passages in Bulgaria, the weather service reported on Monday morning.

Society » Environment | December 3, 2012, Monday // 10:56

Light Quake Registered in Bulgarian Coastal Varna Region

A light 2.6-magnitude earthquake was registered Sunday evening in the region of the Bulgarian coastal city of Varna, according to the national seismological center.

Society » Environment | December 3, 2012, Monday // 10:39

Metal Science Expert Heads Bulgaria's Academy of Sciences

Bulgaria's Academy of Sciences (BAS) has elected the director of its Institute of metal science, equipment and technologies to be its new president.

Society » Education | December 3, 2012, Monday // 11:52

Sports

Bulgarian Football Teams Embarrassingly Low in World Ranking

Bulgaria's top football teams are growing increasingly obscure on an international level, according to the latest ranking composed by the International Federation of Football History & Statistics (IFFHS).

Sports | December 3, 2012, Monday // 15:00

Crime

Bulgarian Court Alerted by Fake Bomb

A suspicious package alerted the Regional Court in the Bulgarian town of Isperih on Monday.

Crime | December 3, 2012, Monday // 20:26

Views on BG

A Bulgarian Blogger with Some Big Ideas*

She is the mastermind of the one of the faster growing literary empires on the Internet, yet she is virtually unknown. She is the champion of old-fashioned ideas, yet she is only 28 years old. She is a fierce defender of books, yet she insists she will ne

Views on BG | December 3, 2012, Monday // 16:35

Bulgaria Offers Citizenship to Foreign Investors

Here's one way to boost an ailing economy: Bulgaria is offering citizenship to foreigners ready to invest at least USD 650,000.

Views on BG | December 3, 2012, Monday // 09:22

Italian Drivers Turn to Bulgaria to Dodge Fines

Italian police are worried about an increase in the number of cars on their roads with Bulgarian and Romanian license plates.

Views on BG | December 3, 2012, Monday // 08:02

Smiles

Surviving in Times of Crisis

During a lesson at school, the teacher asks little Ivancho:

Smiles | December 3, 2012, Monday // 07:51

Quotes

Today's Quote

Free speech is not an item that can be bought.

Quotes | December 3, 2012, Monday // 14:26

World

Prince William, Catherine Expecting Baby

Prince William's wife Catherine, Duchess of Cambridge, is pregnant, St James's Palace has announced.

World | December 3, 2012, Monday // 18:31

Turkey Scrambles Fighter Jets along Syrian Border

The Turkish Air Force scrambled F-16 fighter jets along its border with Syria after Syrian warplanes reportedly attacked rebel positions in the town of Ras al-Ain on their side of the border.

World | December 3, 2012, Monday // 15:33

Gazprom, Rosneft, Lukoil Ranked Russia's Most Desired Employers

Russian state-controlled energy giants Gazprom, Rosneft, and Lukoil top the list of the most desired employers in Russia, according to a poll published by the VTsIOM pollster on Monday.

World | December 3, 2012, Monday // 14:11

Moscow Investigates 190-km Traffic Jam on 'Russia' Highway

The Russian government has launched an investigation into the causes of a shocking 190-km (118-mile) traffic jam.

World | December 3, 2012, Monday // 13:58

UK, France React Strongly to Israeli Plans for New Settler Homes in West Bank

Israel's ambassadors in Paris and London have been summoned for consultations by France and the UK over Israel's plans to build more settler homes in East Jerusalem and the West Bank.

World | December 3, 2012, Monday // 13:20

Syrian Regime Batters Rebels in Attempt to Secure Damascus

Syrian regime troops have bombed rebel positions in the capital Damascus on Monday in an attempt to secure their positions in the city.

World | December 3, 2012, Monday // 13:12

Ex PM Pahor Beats Turk for Slovenian Presidency

Borut Pahor, Slovenia's former center-left Prime Minister, has been elected president in a runoff vote, beating incumbent President Danilo Turk, preliminary official results suggest.

World | December 3, 2012, Monday // 13:07

Ukrainian President Yanukovych Sacks PM Azarov, Govt

Ukrainian President Viktor Yanukovych has accepted the resignation of Prime Minister Mykola Azarov and his cabinet.

World | December 3, 2012, Monday // 12:58

2012 Global CO2 Emissions Break 2010 Record

A record amount of of carbon dioxide (CO2) - 35.6 billion tons - will be released into the Earth's atmosphere in 2012, the journal Nature Climate Change reported.

World | December 3, 2012, Monday // 12:28

UN Warns Israel of 'Fatal Blow' to Peace

Israeli settlement plans in a strategically sensitive area of occupied land near East Jerusalem would deal "an almost fatal blow" to peace hopes, UN head Ban Ki-moon has warned.

World | December 3, 2012, Monday // 09:02

Japan Sasago Tunnel Collapse Kills Nine

Nine people are now confirmed to have died after a major tunnel collapsed in Japan, officials say.

World | December 3, 2012, Monday // 08:18
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