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Sources : YahooNews

Bulgaria Opens Great Wall Car Plant, Hopes for Great Chinese Investments [Feb 21, 2012] Bulgaria has formally launched of mass production of cars under the Chinese Great Wall badge by Litex Motors near the northern city of Lovech. The car manufacturing plant near Lovech comes to life seventeen years after Bulgaria's last failed attempt to revive its automobile industry. The first car of the Chinese company Great Wall assembled near Bulgaria's Lovech was rolled out in the middle of ... [via YahooNews] More >>
Chinese carmaker opens plant in Bulgaria [Feb 21, 2012] Great Wall Motors launched operations in Bulgaria on Tuesday, becoming the first Chinese automaker to assemble cars in the European Union.At a ceremony in the village of Bahovista, the major Chinese sports ... [via YahooNews] More >>
Chinese carmaker opens plant in Bulgaria [Feb 21, 2012] Great Wall Motors has launched operations in Bulgaria, becoming the first Chinese automaker to assemble cars in the European Union. [via YahooNews] More >>
Bulgaria Last in EU by Monthly Minimum Wage [Feb 21, 2012] In January 2012, Bulgaria was once again last in the EU by the monthly minimum wage, which stood at EUR 138. The data was published by Eurostat, the statistical office of the European Union. On the opposite end of the ranking is Luxemburg with EUR 1 801. ... [via YahooNews] More >>
Bulgaria Has Europe?s 2nd Highest Share of Females among Senior Executives [Feb 21, 2012] Bulgaria has Europe's second highest female representation amongst senior executives ? 43%. The Balkan country is second only to Lithuania that has 44%. Mercer has revealed the ratio of senior executives and managers that were female, averages 29% in countries across Europe compared to 71% of men, HR Magazine informs. ... [via YahooNews] More >>
Bulgaria Renews Electricity Exports [Feb 21, 2012] Bulgaria renewed its electricity exports early on Tuesday after it recently stopped them due to the severe winter conditions in the country and worries of blackouts. Bulgaria started exporting electricity as of 1 am on Tuesday, the Bulgarian Ministry of Economy, Energy and Tourism has announced. The Galabovo Thermal Power Plant that was experiencing difficulties is working properly once again. ... [via YahooNews] More >>
Bulgaria Needs BGN 80 M to Fix Flood Damages - Minister [Feb 20, 2012] Bulgaria needs no less than BGN 75 ? 80 M to cope with the effects of the floods that hit the southeastern part of the country two weeks ago, according to estimates of EU Funds Minister Tomislav Donchev. Donchev visited the city of Haskovo in the affected area on Monday meeting with local authorities to discuss the options to use EU funding to cope with the effects of the flooding, which ... [via YahooNews] More >>
Bulgaria Registry Agency Head Dismissed amid Bonus Scandal [Feb 20, 2012] Violeta Nikolova, Executive Director of Bulgaria's Registry Agency, has been removed from her post, according to a Monday statement of the Justice Ministry's press office. The move was triggered by the poor results of an audit of the institution which was concluded at the end of last week and yet another scandal with hefty bonus payment awarded to officials of the Registry Agency. In the ... [via YahooNews] More >>
Bulgaria's Revamped Varna Airport to Reopen Febr 29 [Feb 20, 2012] Bulgaria's Varna Airport on the Black Sea coast will be reopened on February 29, 2012, after the completion of a massive investment into the rehabilitation of its runway, concessionaire Fraport Twin Star Airport Management has announced. Since the fall of 2011, Fraport Twin Star has invested BGN 40 M to improve the runway of the Varna Airport. In the meantime, the airport was closed for planes ... [via YahooNews] More >>
Bulgaria Mulls Imposing Tougher Sanctions on Road Killers [Feb 20, 2012] Bulgaria's relevant institutions consider legislative amendments that would introduce tougher sanctions for drivers who have killed people in road accidents. A discussion took place on the issue in Bulgaria's Parliament on Monday, the Bulgarian Telegraph Agency informs. One of the measures discussed foresees drunk or unlicensed drivers to be arrested for a period of 5 to 15 days in case they ... [via YahooNews] More >>
Bulgaria Must Negotiate Gas Price Cut with Gazprom ? Right-Wing MP [Feb 20, 2012] The right-wing Democrats for a Strong Bulgaria (DSB) party have demanded that the government immediately start talks with Russia's Gazprom to renegotiate the terms of the gas supply contract. The latest increase in retail gasoline and diesel prices caused the MPs to declare that the state had given up its authority over the Lukoil Neftochim refinery. Speaking at a Monday press conference, Dimtar ... [via YahooNews] More >>
Bulgaria Involved in Yet Another Rigged Friendly Scandal - Report [Feb 20, 2012] Bulgarians have allegedly tried to "fix" the Romania-Uruguay football friendly scheduled for the end of February. The Bulgarians have called Romanian Football Federation President Mircea Sandu proposing EUR 20 000 in exchange of substituting the referee of the game with "their man", explaining that they needed just one more game to reach FIFA's Elite Category. Sandu, however, became suspicious ... [via YahooNews] More >>
Bulgaria's Socialists: Ax the Flat Tax, Tax the Rich More [Feb 20, 2012] Four years after introducing the flat tax in Bulgaria, the country's Socialist party has made a U-turn with calls for scrapping it. "The flat tax, which my government introduced, yielded good results for making the economy more transparent and boosting budget revenues. But at the moment it is not adequate.... [via YahooNews] More >>
Bulgaria May Keep Its Notorious Health Insurance Head [Feb 20, 2012] Bulgaria's discredited National Health Insurance Fund director, Neli Nesheva, may very well keep her position, according to local media. Nesheva admitted to receiving over BGN 12 000 of bonuses last year and - though claiming the money was well deserved - quit office on Friday under public and opposition pressure. Her resignation is to be discussed by MPs from the ruling centrist-right GERB on ... [via YahooNews] More >>
Bulgaria's Bokova Opens Intangible Heritage Centre in Sofia [Feb 20, 2012] A new Intangible Cultural Heritage Centre in southeastern Europe based in Bulgaria's capital Sofia, will open on Monday, the United Nations Educational, Scientific and Cultural Organization (UNESCO) announced. UNESCO Director-General, Bulgarian Irina Bokova, is due to inaugurate the Regional Centre for the Safeguarding of Intangible Cultural Heritage in South-Eastern Europe under the auspices of ... [via YahooNews] More >>
Bulgaria Latest Bonus Scandal Backfires on Cancer Sufferers [Feb 20, 2012] The resignation of Bulgaria's National Health Insurance Fund director, who quit last week after getting involved in a bonus scandal, has triggered delays in the supply of drugs, used in the basic treatment of cancer cases. "Cancer patients may be left without medication in the coming weeks because of health insurance fund still has not given to the hospitals in the country the codes necessary ... [via YahooNews] More >>
Marcel Hirscher wins World Cup slalom race in Bulgaria to close gap in overall standings [Feb 19, 2012] BANSKO, Bulgaria - Marcel Hirscher won his second race in two days on the Banderitsa course, taking a World Cup slalom Sunday ahead of Andre Myhrer of Sweden. [via YahooNews] More >>
Bulgaria's Fiscal Reserve Shrinks to BGN 3.8 B [Feb 19, 2012] Bulgaria's fiscal reserve has decreased to BGN 3.8 B, the chair of the country's Parliamentary budget committee Menda Stoyanova has revealed. The fiscal reserve has dropped by BGN 1.... [via YahooNews] More >>
Hirscher wins World Cup slalom in Bulgaria [Feb 19, 2012] Austria's Marcel Hirscher won his second race in two days, capturing a slalom Sunday and drawing closer to the overall lead in the World Cup standings. [via YahooNews] More >>
Bulgaria to Renew Electricity Exports Tuesday [Feb 19, 2012] Bulgaria is set to renew on Tuesday its electricity exports that it stopped due to the severe winter conditions in the country. On Friday, Bulgaria's Minister of Economy, Energy and Tourism Traicho Traikov ordered the exports to be renewed, Mihail Andonov, head of the country's National Electricity Company, announced on Sunday. On February 10, Bulgaria's government discontinued all electricity ... [via YahooNews] More >>
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