ARCHIVE - 6 June 2012

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Business

Bulgaria Certifies 5 First-Class Investor in 5 Months
Bulgaria's Economy Expands by 0.5% in Q1 2012 Y/Y
Bulgaria Not World's Most Corrupted Country - IACA Head
Moody's Downgrades Three Austrian Banks
BNP Paribas, HSBC, Raiffeisen to Manage Bulgaria's Eurobond Float
Bulgargaz Desperate to Collect over BGN 500 M in Overdue Payments
Shale Gas Development in Bulgaria, CEE Inevitable - KPMG
Bulgaria Mulls Restricting All-Inclusive to 4, 5 - Star Hotels

Politics

Bulgarian Defense Expert Tangled in Ammo Blast Scandal
Bulgarian Institutions Clash in Safety Assessment of Ammo Co
2nd Unmanned Aircraft Sent at Exploded Bulgarian Ammo Site
Unmanned Aircraft Crashes in Aftermath of Bulgaria Ammo Site Blasts
'Human Error' to Blame for Exploded Bulgarian Ammo Site - Official
TI: Bulgaria, Romania Still Failing to Root Out Corruption
Eurostat: Bulgaria Has Lowest Wages in EU
Bulgarian Ex EU Commissioner Denies Involvement in 'Hochegger Affair'
Bulgaria's Interior Spent 50% of 2012 Surveillance Budget in 3 Months
Bulgarian MPs Enforce 'Revival Process' Official Condemnation
Bulgarian Opposition Demands Answers in Wake of Ammo Site Blasts

Society

Prosecutor Hints of Likely Fatalities in Bulgaria's Ammo Blast
Bulgarians to Become Minority in Own Country in 10 Y
Bulgarian-British Hero Awarded Posthumously
School Map Lists Bulgarian Territory as Part of Turkey
3 Workers Remain Missing in Wake of Bulgaria Ammo Site Blasts
Bulgarian Eco Activists with New Rally against Forestry Act
Bulgarian Police Warn of Scattered Ammunition after Depot Blasts
Bulgaria, World Fascinated by Rare Venus Transit
US Sci-Fi Legend Ray Bradbury Dies at 91

Sports

Bulgaria Wins Precious Victory at World Dancing Championship

Crime

Convicted Bulgarian Mobsters Fled to the Seychelles - Report

Views on BG

Sofia Ballet of Bulgaria Brings Swan Lake to Dubai

Quotes

Today's Quote

World

Spain's Minister: No Request for Bailout
US Confirms Death of Top Al Qaeda Strategist
Sheryl Crow Diagnosed with Benign Brain Tumor

Novinite Insider

Land of the Unfree Media

Business

Bulgaria Certifies 5 First-Class Investor in 5 Months

Since the beginning of 2012, Bulgaria has awarded five "Class A" investor certificates for investments of over EUR 225 M, compared to three first-class investor certificates for the entire 2011, according to Economy and Energy Minister Delyan Dobrev.

Business | June 6, 2012, Wednesday // 17:39

Bulgaria's Economy Expands by 0.5% in Q1 2012 Y/Y

Bulgaria's Gross Domestic Product, GDP, was BGN 15.7 M or EUR 8.8 M in the first quarter of 2012 at current prices.

Business | June 6, 2012, Wednesday // 12:05

Bulgaria Not World's Most Corrupted Country - IACA Head

Bulgaria's corruption issues are not to be overestimated, according to Martin Kreutner, Chair of the Steering Committee of the International Anti-Corruption Academy.

Business | June 6, 2012, Wednesday // 10:38

Moody's Downgrades Three Austrian Banks

Ratings agency Moody's has cut the credit ratings of three banks in Austria, citing the risk of further shocks as the euro zone debt crisis continues to roil global markets and vulnerability to Eastern Europe. .

Business » Finance | June 6, 2012, Wednesday // 12:20

BNP Paribas, HSBC, Raiffeisen to Manage Bulgaria's Eurobond Float

Bulgaria's government has selected BNP Paribas, HSBC and Raiffeisen as mediators for the eurobond issue that the country plans to float this year.

Business » Finance | June 6, 2012, Wednesday // 10:15

Bulgargaz Desperate to Collect over BGN 500 M in Overdue Payments

State-owned gas supplier Bulgargaz needs to collect overdue payments amounting to over BGN 200 M from four heating utilities and three or four industrial companies, according to Bulgargaz CEO Dimitar Gogov.

Business » Energy | June 6, 2012, Wednesday // 21:02

Shale Gas Development in Bulgaria, CEE Inevitable - KPMG

Shale gas development in central and eastern Europe, including Bulgaria, is "inevitable" in the next decade even though the country has imposed a moratorium under public pressure, says a KPMG report.

Business » Energy | June 6, 2012, Wednesday // 15:36

Bulgaria Mulls Restricting All-Inclusive to 4, 5 - Star Hotels

Bulgaria's Food Safety Agency has proposed all-inclusive offers to be only available in four- and five-star hotels.

Business » Tourism | June 6, 2012, Wednesday // 12:58

Politics

Bulgarian Defense Expert Tangled in Ammo Blast Scandal

An employee of Bulgaria's Defense Ministry has been on an expensive and exotic vacation, paid for the Bereta Trading company, owner of Bulgaria's blasted ammunition depot.

Politics » Defense | June 6, 2012, Wednesday // 18:46

Bulgarian Institutions Clash in Safety Assessment of Ammo Co

A total of five safety probes have been conducted at the Bereta Trading company, owner of Bulgaria's blasted ammunition depot, according to the Interior Ministry.

Politics » Defense | June 6, 2012, Wednesday // 17:14

2nd Unmanned Aircraft Sent at Exploded Bulgarian Ammo Site

A second, smaller unmanned aircraft has been sent to probe the region in which a series of explosions took place at an ammunition depot in Southeastern Bulgaria.

Politics » Defense | June 6, 2012, Wednesday // 14:44

Unmanned Aircraft Crashes in Aftermath of Bulgaria Ammo Site Blasts

A small unmanned aircraft that was supposed to probe the region in which a Bulgarian ammunition depot exploded on Tuesday, has crashed due to strong winds, Defense Minister Anyu Angelov has said.

Politics » Defense | June 6, 2012, Wednesday // 13:46

'Human Error' to Blame for Exploded Bulgarian Ammo Site - Official

A human error has been the most likely reason for the series of blasts that occurred in a Bulgarian ammunition depot on Tuesday and Wednesday, according to a Defense Ministry official.

Politics » Defense | June 6, 2012, Wednesday // 11:30

TI: Bulgaria, Romania Still Failing to Root Out Corruption

The two EU newcomers, Bulgaria and Romania, are experiencing serious problems with the fight against corruption and continue to raise the biggest concerns in connection with this problem, according to a newly published report of Transparency International

Politics » Bulgaria in EU | June 6, 2012, Wednesday // 16:12

Eurostat: Bulgaria Has Lowest Wages in EU

In 2010, Bulgaria had the lowest average gross annual earnings of full-time employees in enterprises employing ten employees (EUR 4 396) among all 27 European Union Member States.

Politics » Bulgaria in EU | June 6, 2012, Wednesday // 12:33

Bulgarian Ex EU Commissioner Denies Involvement in 'Hochegger Affair'

Former EU Commissioner Meglena Kuneva has denied any involvement in the scandal involving the three-way coalition government and a payment of EUR 1.

Politics » Domestic | June 6, 2012, Wednesday // 19:56

Bulgaria's Interior Spent 50% of 2012 Surveillance Budget in 3 Months

Bulgaria's Interior Ministry spent nearly half of the money earmarked for special surveillance devices in 2012 by end-March, according to a report for the institution's expenses for the first quarter of the year.

Politics » Domestic | June 6, 2012, Wednesday // 18:52

Bulgarian MPs Enforce 'Revival Process' Official Condemnation

Bulgarian Members of the Parliament rejected Wednesday a proposal to annul the January 2012 official declaration, condemning the Communist's regime attempt to forcefully assimilate Bulgarian Muslims, known and the "Revival Process.

Politics » Domestic | June 6, 2012, Wednesday // 13:24

Bulgarian Opposition Demands Answers in Wake of Ammo Site Blasts

Two Bulgarian oppositional parties have demanded that Defense Minister Anyu Angelov and Interior Minister Tsvetan Tsvetanov address the Parliament on Wednesday in the aftermath of the explosions that took place at an ammunition depot.

Politics » Domestic | June 6, 2012, Wednesday // 09:49

Society

Prosecutor Hints of Likely Fatalities in Bulgaria's Ammo Blast

There are likely fatalities from the ammo blast in southern Bulgaria, stated the Regional Prosecutor in the city of Yambol, Georgi Handzhiev.

Society | June 6, 2012, Wednesday // 20:06

Bulgarians to Become Minority in Own Country in 10 Y

The population of Bulgaria is going down by 6 persons every hour, and by few months it will fall below seven million, the Center for Demographic Statistics alarms.

Society | June 6, 2012, Wednesday // 16:25

Bulgarian-British Hero Awarded Posthumously

Bulgarian Plamen Petkov, who drowned saving the life of a four-year-old British kid, will be awarded the order of courage posthumously by his native country.

Society | June 6, 2012, Wednesday // 12:54

School Map Lists Bulgarian Territory as Part of Turkey

Some Bulgarian regions have been listed as being part of Turkey in school text and multimedia distributed to students in Istanbul.

Society | June 6, 2012, Wednesday // 11:23

3 Workers Remain Missing in Wake of Bulgaria Ammo Site Blasts

Three workers are still missing after Tuesday's incident in which an ammunition depot exploded in Southeastern Bulgaria.

Society | June 6, 2012, Wednesday // 07:59

Bulgarian Eco Activists with New Rally against Forestry Act

Bulgarian environmentalist staged once again Wednesday a protest rally against looming amendments to the Forestry Act.

Society » Environment | June 6, 2012, Wednesday // 17:47

Bulgarian Police Warn of Scattered Ammunition after Depot Blasts

Bulgaria's Interior Ministry has warned that munitions and fragments of munitions have been scattered in the region surrounding the Petolachkata road junction in Southeastern Bulgaria.

Society » Environment | June 6, 2012, Wednesday // 09:15

Bulgaria, World Fascinated by Rare Venus Transit

The planet Venus moved across the face of the Sun, fascinating skywatchers across the globe who had the chance to observe one of the rarest events in the Solar System.

Society » Environment | June 6, 2012, Wednesday // 08:35

US Sci-Fi Legend Ray Bradbury Dies at 91

Prominent American science fiction author Ray Bradbury has died at 91, his publisher and family informed Wednesday.

Society » Obituaries | June 6, 2012, Wednesday // 19:01

Sports

Bulgaria Wins Precious Victory at World Dancing Championship

Bulgarian charming dancer Siana Hristova has triumphed at World Dance Masters 2012 in Pore?, Croatia, winning the first world cup for her country ever.

Sports | June 6, 2012, Wednesday // 14:01

Crime

Convicted Bulgarian Mobsters Fled to the Seychelles - Report

Interpol-wanted convicted mobsters Angel Hristov and Plamen Galev, better known as the Galevi brothers, have fled to the Seychelles, local media reports say as a sense of thriving impunity continues to gain momentum in Bulgaria.

Crime | June 6, 2012, Wednesday // 11:48

Views on BG

Sofia Ballet of Bulgaria Brings Swan Lake to Dubai

The great Russian composer Tchaikovsky is remembered most for such timeless classics as The Nutcracker, Sleeping Beauty, Romeo and Juliet and Swan Lake, the last of which is being brought to Dubai by Sofia Ballet.

Views on BG | June 6, 2012, Wednesday // 10:03

Quotes

Today's Quote

"Bulgaria's economy resembles a passenger aboard the Titanic, who has caught a cold.

Quotes | June 6, 2012, Wednesday // 16:36

World

Spain's Minister: No Request for Bailout

Spain's economy minister has denied speculations that the country is about to seek a bailout of its bank sector.

World | June 6, 2012, Wednesday // 16:08

US Confirms Death of Top Al Qaeda Strategist

The United States has officially confirmed the death of Abu Yahya al-Libi, a top al-Qaeda strategist believed to be the militant group.

World | June 6, 2012, Wednesday // 12:06

Sheryl Crow Diagnosed with Benign Brain Tumor

Famous American singer-songwriter Sheryl Crow has revealed she has been diagnosed with brain tumor, but claims she does not worry a bit as it is benign.

World | June 6, 2012, Wednesday // 10:30

Novinite Insider

Land of the Unfree Media

Freedom of speech may be the mother of all freedoms, but the average Bulgarian does not seem to care a lot about it.

Novinite Insider » Editorial | June 6, 2012, Wednesday // 18:47
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria