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Bulgaria's Villages Continue to Die Off
The number of Bulgarian villages with no inhabitants has grown by 2 during the last 10 months of 2011, strengthening the picture of a pervasive depopulation of Bulgaria's rural areas. According to Bulgaria's latest census, completed February 2011, there were 181 villages with no inhabitants, but according to current official statistics, by end of December 2011 that number grew to 183. A curious ...
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Ambassadors Laud Bulgaria's New Illegal Assets Bill
Six ambassadors to Bulgaria lauded Monday the newly passed illegal assets confiscation bill, cautioning that the next step was to ensure its smooth implementation by an independent and strong commission. The diplomats shared their views on the new law during Monday's morning broadcast of the Bulgarian National Television (BNT). The ambassadors vowed to follow closely the formation of the ...
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Bulgaria's Full Smoking Ban to Fuel Smuggling - Analyst
Bulgaria's organized crime will see their old favorite - illegal cigarette sales - boom after smoking is banned in all enclosed public spaces as of June 1, an expert has warned. The smoking ban will come into force in Bulgaria as of June 1 2012 and will be applied also in cafes, bars and restaurants, regardless of size. "The ban on smoking in all enclosed public places will lead to an even ...
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Bulgaria's 2011 FDI to Reach EUR 1.6 B - Agency Chief
Bulgaria's final foreign direct investment for 2011 will probably amount to EUR 1.6 B, according to Borislav Stefanov, head of the InvestBulgaria Agency. "Foreign direct investment for 2011 has already surpassed EUR 1 B....
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Bulgaria's Public Pension System Anchor in Dire Straits
Since the beginning of the year, no money has been transferred to Bulgaria's Silver Fund, set up to anchor the public pension system, its balance sheet, published online by the finance ministry, shows. Under local legislation the money in the Silver Fund comes from privatization deals, concessions, and budget surpluses (if any). The money the Bulgarian state got from the sale of its dominant ...
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Bulgaria Picks BNP Paribas, HSBC and Raiffeisen to Manage Eurobond Float
Bulgaria's finance ministry has selected BNP Paribas, HSBC and Raiffeisen as mediators for the eurobond issue that the country plans to float this year. The three banks have been appointed to advise the Bulgarian state as well as manage the sale of the bond. The authorities evaluated bids submitted by 17 financial institutions....
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Bulgaria Looming Recession to Deal Heaviest Blow to Exports
As Bulgaria's economy hovers on the brink of its second recession in three years, analysts have warned the slump will take the biggest bite out of exports. Bulgarian export oriented companies are already feeling the chill from euro zone, but they are likely to suffering an even more painful contraction in orders as two-thirds of their production targets European markets. Exports, which used to ...
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Bulgaria Win 2 Gold, 2 Silver, 1 Bronze at Rhythmic Gymnastics World Cup
Bulgaria's group has won 2 gold medals and single rhythmic gymnast Sylvia Miteva has won 2 silver at the FIG Rhythmic Gymnastics World Cup in Sofia, Bulgaria. Saturday Bulgaria's ensamble won in the 5 balls contest with 27.850 points, leaving behind Italy with 27....
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Bulgaria Celebrates Army Valor on St. George's Day
Bulgaria celebrates Friday, May 6, the Day of Saint George the Victorious, and the Day of the Bulgarian Army. May 6 was officially pronounced as the Day of the Bulgarian Army on January 9, 1880, shortly after the establishment of the country's military with a decree of Knyaz Alexander Battenberg. After the Communist regime came to power, in 1946, the holiday was banned to be reinstated on ...
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Bulgaria eyes streamlined domestic league
Bulgarian soccer authorities plan to reduce the size of the domestic league next season in a bid to improve standards, the head of the country's football union (BFU) said on Saturday.
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Bulgaria approves asset seizure law
Bulgaria has adopted a law that allows suspected illegal assets to be confiscated from people charged but not yet convicted of a serious crime.
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Greek businesses flee to Bulgaria
Greece's economic problems may be having a negative impact across much of Europe, but one country could be benefiting from its troubles.
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Qatari Minister: Bulgaria Is Attractive Transit Country
Bulgaria is an attractive investment destination for Qatar, which views it as a transit trade country, according to Dr. Khalid Bin Mohammad Al Attiyah, Qatari Minister of State for Foreign Affairs. Dr....
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Bulgaria adopts confiscation law to fight graft
Bulgaria has adopted a law that allows suspected illegal assets to be confiscated from people charged but not yet convicted of a serious crime, with the aim of fighting widespread graft and organized crime.
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Bulgaria among Countries with Highest Fuel Price Hike
The largest increase of prices of fuel in Europe in the first quarter of 2012 has been registered in Hungary (15.6%), Poland (15.1%) and Bulgaria (14....
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Research and Markets: Nuclear Power Market in Bulgaria
Dublin - Research and Markets has announced the addition of the "Nuclear Power Market in Bulgaria" report to
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Bulgaria adopts new asset recovery law to fight corruption
(SOFIA ) - Bulgaria's parliament adopted late Thursday measures recommended by the European Union to fight corruption and counter unexplained wealth.
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Bulgaria arrests 30 in border corruption sweep
SOFIA (Reuters) - More than 30 Bulgarian customs officers were arrested on suspicion of corruption on Thursday as the Balkan country attempts to clean up its borders and show it is fit to join the European Union's passport-free zone.
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Bulgaria arrests 30 in corruption sweep
More than 30 Bulgarian customs officers were arrested on suspicion of corruption yesterday as the Balkan country attempts to clean up its borders and show it is fit to join the European Union's passport-free zone.
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Bulgaria to Learn Decentralization from Switzerland - President
Bulgaria is starting a process of decentralization, and it can make good use of Switzerland's know-how, according to President Rosen Plevneliev. Plevneliev welcomed in Sofia Thursday Hans Altherr, President of the Council of States of Switzerland, the smaller and upper house of the Swiss Federal Assembly, the Bulgarian Presidency press service reported. Plevneliev and Altherr have praised the ...
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