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Bulgaria Govt Expects Big Cash from Port, Railway Concessions
Bulgaria 's Transport Ministry is going to offer on concession key ports, airports, and train stations. Photo by BGNES
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Bulgaria March Unemployment Rate Goes down
The number of unemployed in Bulgaria is down by over 4 000 people in March, according to data of the Ministry of Labor and Social Policy. This trend is registered for the first time since December 2008, the Ministry points out.
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Bulgaria Budget Deficit Hits Record High by End-Feb
Bulgaria 's budget deficit almost tripled since the beginning of the year to the record-high BGN 1,4 B by the end of February, the finance ministry said on Thursday.
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Bulgaria President Vows to Back Cabinet's Anti-crisis Package
Bulgaria s President, Georgi Parvanov, will support the cabinet in their package of anti-crisis measures despite some disagreements. The statement was made by Parvanov during his Thursday meeting with the Initiative Committee that nominated him for the Head of State post.
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Bulgaria President Vows to Back Cabinet's Anti-crisis Package
Bulgaria s President, Georgi Parvanov, believes a good rapport between the countrys institutions is a must in times of crisis. Photo by BGNES
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Bulgaria: Inhuman Life Sentences Replace Death Penalty
The death penalty was outlawed in Bulgaria in 1998. But restrictive legislation on conditional release, and the overcrowding and precariousness of the Bulgarian prison system makes life hardly livable for some lifers.
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(AFX UK Focus) 2010-04-01 11:12 Bulgaria jobless rate breaks upward trend in March
SOFIA, April 1 (Reuters) - Bulgaria 's jobless rate edged down for the first time in 18 months in March, to 10.1 percent from 10.3 percent in February as seasonal employment rose, labour ministry data showed on Thursday. The number of unemployed in the European Union country fell by more than 4,000 to 375,000. The unemployment rate was 6.9 percent in March last year. The Balkan country has been ...
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(AFX UK Focus) 2010-04-01 11:26 Bulgaria budget deficit jumps to $966 mln by end-Feb
SOFIA, April 1 (Reuters) - Bulgaria 's budget deficit bulged to 1.4 billion levs ($966 million) by the end of February due to falling revenues and increased spending on pensions and EU-backed projects, the finance ministry said on Thursday. The deficit almost tripled from a gap of 499 million levs in January, as prolonged recession hit the European Union's poorest member. The total for the first ...
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Chief Prosecutor: Bulgaria Must Fulfill Probed Contracts
Bulgaria s Chief Prosecutor, Boris Velchev, declared Thursday that all 150 contracts currently under investigation must be fulfilled regardless of the outcome.
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Chief Prosecutor: Bulgaria Must Fulfill Probed Contracts
Bulgaria s Chief Prosecutor, Boris Velchev, says his office is not going to fill the State budget hole. Photo by BGNES
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Upbeat FiMin Says Bulgaria Heads for Crisis Exit
A day after Bulgaria 's center-right government approved an austerity plan to narrow the budget deficit and avoid currency pressure, the finance minister expressed confidence that the country will successfully exit the crisis.
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Upbeat FiMin Says Bulgaria Heads for Crisis Exit
"I am very optimistic that in the months and years ahead of us Bulgaria will become a much richer state, Minister Simeon Djankov told the morning broadcast of the private bTV channel.
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Orthodox Bulgaria Marks Maundy Thursday
Bulgaria marks on April 1 Maundy Thursday, also known as Holy Thursday, Covenant Thursday, Great and Holy Thursday, and Thursday of Mysteries. Maundy Thursday is the Christian feast or holy day falling on the Thursday before Easter that commemorates the Last Supper of Jesus Christ with the Apostles.
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Orthodox Bulgaria Marks Maundy Thursday
Bulgaria marks Maundy Thursday (Veliki Chetvartak). According to the tradition, on this day Bulgarians color their Easter eggs. Photo by BGNES
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Bulgaria Civil Defense Tests Sirens in 10 Cities
Bulgaria 's capital Sofia is one of the 10 cities where the emergency siren system will be tested Thursday. Photo by Sofia Photo Agency
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Bulgaria Hikes Heating Prices
The price of heating in Bulgaria goes up between 3% and 4.5% Thursday for all regions of the country. Natural gas prices are going up between 5% and 6% under the proposal of Energy and Economy Minister, Traicho Traykov, which the State Commission for Energy and Water regulation (DKEVR) approved.
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Bulgaria Hikes Heating Prices
According to the DKEVR head, Atanas Semerdzhiev, gas prices in Bulgaria will go up another 15% by the years end. Photo by Sofia Photo Agency
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Moody's Downgrades Piraeus Bank Bulgaria Rating
Moody's Investors Service has downgraded the long-term local currency deposit rating of Piraeus Bank Bulgaria AD (PBB) to Baa3 from Baa2.
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10% Gambling Tax Is Agreed In Bulgaria,
Income from all gambling will be taxed at 10% of winnings in Bulgaria - a proposed anti-crisis measure announced by the director of the National Revenue Agency, Krasimir Stefanov, after a meeting of the council for tripartite cooperation.
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Bulgaria Projects Account for 20% of EU Development Funding
Bulgaria , which pours a large part of EU funding for roadworks, should allocate more funds to research and innovations if it wants to catch up with the older member-states, Regional Policy Commissioner Johannes Hahn has recommended.
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