Latest local news headlines - all sources
Sources :
YahooNews
Bank Drain Ghosts Haunt Bulgaria Again
Foreign banks are pulling funds from their subsidiaries in Bulgaria as lending growth in the country stalls, shows preliminary data of BIS, the central bank of central banks, as cited by local media. The total exposure of foreign banks to Bulgaria totaled USD 2.3 B during the third qurater of last year and about half ot it ? USD 1 B was withdrawn by Greek banks, Sega daily reported, citing ...
More >>
Bulgaria called to account for wartime treatment of Jews
An umbrella group of Jewish organizations in Greece has called on Bulgaria to acknowledge the deportation of thousands of Jews during World War II. The issue has sparked anger in a Bulgarian society riven by resentment.
More >>
Bulgaria Lines New Envoys to Russia, Spain, Morocco, Syria, Pakistan
Five new ambassadors for Bulgaria's diplomatic service have been formally proposed by the Bulgarian cabinet to President Rosen Plevneliev for approval. This includes brand new envoys to Russia, Spain and Morocco, as well as the promotion of interim ambassadors in Syria and Pakistan to full ambassadors. Boyko Kotsev, who has up to now being permanent representative of Bulgaria to the EU, has been ...
More >>
Bulgaria Anti-Mafia Court Pressures Media
The governing body of Bulgaria's newly established specialized criminal court has asked print and electronic media to submit to it materials covering the activity of the institution for 'verification' before making them public. "We would like you to cooperate with us on obtaining feedback for the coordination of the accuracy of the information released by us by sending us titles of articles and ...
More >>
Bulgaria to Pay Debt on Burgas-Alexandroupolis in 2012
Bulgaria plans to pay its debt on the Burgas-Alexandroupolis oil pipeline in 2012, said Plamen Grozdanov, Bulgarian Ambassador to Moscow. In an interview for Russian news agency Interfax, he explained that the Bulgarian government had agreed to allocate BGN 12.8 M for the payment of its financial obligations as a participant in the oil pipeline project. ...
More >>
Bulgaria with Record High Electricity Use over Polar Cold
Bulgaria has registered a new record of electricity consumption over the freezing cold that has gripped the country, the Electric Energy System Operator, EESO, reported Wednesday. On January 31, at the 20th hour, the maximum load was recorded in Bulgaria's electric power system ? 7 354 MW, which exceeds the previous record of 7 270 MW, registered on January 26, 2010. Because of the chilly ...
More >>
Bulgaria Remains in Grip of Polar Cold
All, but one, Bulgarian regions remain under code orange over extremely low temperatures, the National Institute for Meteorology and Hydrology at the Bulgarian Academy of Sciences (BAS) has announced. Code orange means intense weather situations with potential damage, injuries and casualties. A more moderate code yellow has been declared only for the region of Burgas....
More >>
Bulgaria Bows to Victims of Communism
Bulgaria is marking Wednesday for the second time the official Day of Gratitude and Homage to the Victims of the Communist Regime. The date February 1 was chosen because on this day, in 1945, the so-called People's Tribunal sentenced to death 3 regents, 67 members of the parliament, 22 ministers, 40 generals and colonels of the royal army and a number of other public figures. The sentences have ...
More >>
Bulgaria Celebrates Vine and Wine Day
The Bulgarian Orthodox Church honors on Wednesday, February 1, the Day of Saint Trifon, the patron of vine-growers, wine-producers and tavern-keepers. The holiday is widely known in Bulgaria as Trifon Zarezan - from the Bulgarian verb "zariazvam" meaning to prune vines. Saint Trifon was born in 225 AD in the village of Kossada in Phrygia in Asia Minor....
More >>
Signing ACTA - Killing Both Torrent Sites and Bulgaria's Regions
Bulgaria's Borisov Cabinet has just come up with a new unpleasant surprise for the Bulgarian public by signing ACTA (Anti-Counterfeiting Trade Agreement), the controversial copyright protection deal, without telling anyone. ACTA has already caused international protests because of fears that it blurs counterfeiting and content sharing on the Internet. It even requires Internet providers to ...
More >>
Bulgaria to Enter Stage 2 of Its Major Diplomatic Reshuffle
Bulgaria's diplomatic reshuffle is set to continue on Wednesday, as the country's Foreign Minister is expected to propose the appointment of five new Ambassadors abroad, according to a media report. Russia, Pakistan, Syria, Morocco and Spain are the countries to which Bulgaria will send new envoys, dnevnik.bg reports. ...
More >>
Bulgaria's New Anti-Mafia Court Closes First Case with Plea Bargain
Bulgaria's specialized criminal court, which became operational on January 03, has closed its first trial with a plea bargain sealed between four of the defendants and the prosecution. The case was opened on January 16, 2012 on charges of organizing and commanding a crime ring specialized in drug dealing and other offenses resulting in undue pecuniary gain, the court said in a Tuesday statement ...
More >>
Bulgaria's Panagyurishte Enters Race to Host Chess Candidates Battle
Bulgaria has endorsed the town of Panagyurishte to run for host of this year's Candidates Tournament chess clashes, it has been revealed. London and Baku have already entered the race to host the prestigious event, while New York is expected to join them. Bulgaria recently hosted two key chess battles ? the Candidate Match between Veselin Topalov and Gata Kamsky in 2009 and Topalov's subsequent ...
More >>
Bulgaria Severe Cold Snap Claims More Lives
The winter cold snap in Bulgaria has killed another two as temperatures dropped to record lows, schools closed down, roads became impassable and power supplies were cut off. A 62-year-old man and a 55-year-old woman froze to death in a southwestern and northern village respectively. The latest victims of the cold were discovered in the early hours on Tuesday and follow the deaths of another two ...
More >>
Bulgaria's Interior Ministry to Restrict Use of Force, Firearms
Reforms at the Interior Ministry will include the introduction of legal amendments stipulating the standard of "absolute necessity for the use of firearms and other police-related tools," according to Deputy Interior Minister Veselin Vuchkov. Speaking at a Tuesday conference on reforms at the Interior, he said that the Interior Ministry Act would be changed in response to over 30 trials against ...
More >>
Bulgaria?s EconMin Tries to Assuage ACTA Fears
The fact that Bulgaria has signed the controversial ACTA agreement will not change anything in the country, Bulgarian Minister of Economy Traicho Traikov believes. "If you ate asking for my personal opinion, I am skeptical about the notion that ACTA will change anything, especially in Bulgaria, which has always been among the leaders when it comes to altering its legislation in that area ...
More >>
Bulgaria Marks Grim Anniversary of Sisters Double Murder
Bulgaria marks Tuesday a grim anniversary ? 6 years since the gruesome murder of two teenage sisters Rositsa (18) and Kristina (15) Belneyski. The two went missing in January 2006, after leaving a night club in the town of Pazardzhik. Their mutilated bodies were found on January 31 2006, at the site "Gramadite" near the town of Peshtera. ...
More >>
Bulgaria Remains Closer to Balkans than EU - Study
Bulgaria and Romania lag behind other EU countries in their development, according to a recent study. The two newest EU Member States remain commensurable to the other Balkan countries in terms of economic state, quality of life, level of democracy and state governance, according to the so-called Catch-up Index, prepared by experts of the Open Society Institute. The study analyses Bulgaria's EU ...
More >>
PM: Bulgaria Firmly Out of EU Fiscal Pact if Common Taxes Required
Bulgaria is not going to participate in the new EU Fiscal Pact if it requires that taxation policies be harmonized, Bulgarian Prime Minister Boyko Borisov has declared in Brussels at the emergency meeting of EU leaders. Right before the start of the forum, Borisov made it clear that Bulgaria has one single condition for joining the EU Fiscal Pact ? a brainchild of French President Nicolas ...
More >>
Bulgaria to Be Ready with Next EU Funding Period Paperwork by 2013 - Minister
EU Funds Minister Tomislav Donchev has said that Bulgaria should be ready with the agreements and the texts on the Operational Programs in the next programming period, 2014-2020, by mid-2013. Speaking at a conference on Monday, he specified that the most difficult task was striking a balance between the different types of investments that had to be made. The EU Funds Minister explained that ...
More >>