Latest local news headlines - all sources
Sources :
YahooNews
Bulgaria Opens Great Wall Car Plant, Hopes for Great Chinese Investments
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 ...
More >>
Chinese carmaker opens plant in Bulgaria
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 ...
More >>
Chinese carmaker opens plant in Bulgaria
Great Wall Motors has launched operations in Bulgaria, becoming the first Chinese automaker to assemble cars in the European Union.
More >>
Bulgaria Last in EU by Monthly Minimum Wage
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. ...
More >>
Bulgaria Has Europe?s 2nd Highest Share of Females among Senior Executives
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. ...
More >>
Bulgaria Renews Electricity Exports
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. ...
More >>
Bulgaria Needs BGN 80 M to Fix Flood Damages - Minister
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 ...
More >>
Bulgaria Registry Agency Head Dismissed amid Bonus Scandal
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 ...
More >>
Bulgaria's Revamped Varna Airport to Reopen Febr 29
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 ...
More >>
Bulgaria Mulls Imposing Tougher Sanctions on Road Killers
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 ...
More >>
Bulgaria Must Negotiate Gas Price Cut with Gazprom ? Right-Wing MP
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 ...
More >>
Bulgaria Involved in Yet Another Rigged Friendly Scandal - Report
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 ...
More >>
Bulgaria's Socialists: Ax the Flat Tax, Tax the Rich More
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....
More >>
Bulgaria May Keep Its Notorious Health Insurance Head
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 ...
More >>
Bulgaria's Bokova Opens Intangible Heritage Centre in Sofia
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 ...
More >>
Bulgaria Latest Bonus Scandal Backfires on Cancer Sufferers
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 ...
More >>
Marcel Hirscher wins World Cup slalom race in Bulgaria to close gap in overall standings
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.
More >>
Bulgaria's Fiscal Reserve Shrinks to BGN 3.8 B
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....
More >>
Hirscher wins World Cup slalom in Bulgaria
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.
More >>
Bulgaria to Renew Electricity Exports Tuesday
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 ...
More >>