Latest local news headlines - all sources
Sources :
YahooNews
Bulgaria Ethnic Turks Urge IMF Deal, Cite Looming Recession
Bulgaria's opposition ethnic Turkish party has joined socialists in calling for an urgent deal with the International Monetary Fund (IMF), saying the country badly needs it. "It is clear that Bulgaria's economy is about to enter recession. An agreement with the IMF, if not a panacea, will assure international financial markets that the country is stable," Yordan Tsonev, an economist and Deputy ...
More >>
Two members of Limerick gang arrested in Bulgaria
TWO MEMBERS of one of Limerick city?s biggest organised crime gangs have been arrested at a resort in Bulgaria.
More >>
Bulgaria Charges 2 Ex Top Officials over Belene Nuclear Plant Project
The Sofia City Prosecutor's Office has started a procedure against two former CEOs of the Bulgarian National Electric Company NEK over the controversial project for a second Bulgarian nuclear power plant in Belene. The two former CEOs of NEK Lyubomir Velkov and Mardik Papazyan are to be charged for incurring losses worth EUR 200 M under the contract for the construction of the Belene NPP between ...
More >>
Bulgaria Ups Highway Speed Limit in Controversial Move
Bulgaria's MPs have approved at first reading proposed legislative amendments that allow the country's highway speed limit to grow from 130 km/h to 140 km/h (87 mph). "We want to increase the speed limit because of the new highways under construction and the new, high quality roads. The existing restrictions will remain in the risky road sections," explained Regional Development Minister Liliana ...
More >>
Mobiltel Develops CRM Customer Models with Teradata In-database Data Mining
SOFIA, Bulgaria, April 24, 2012 /PRNewswire/ --?Mobiltel, the leading telecom operator in Bulgaria, is now set to improve its customer relationship marketing success by cutting its analytic model development ...
More >>
Romania Naturalizes Far More Moldavians Than Bulgaria - Macedonians
Romania has far surpassed Bulgaria in the number of people that it naturalizes from the respective country that is its historically and ethnically closest neighbor. Over 220 000 Moldovans have been granted Romanian citizenship in the two decades since the Soviet collapse, the Moldovanews online portal reported on Tuesday, quoting a survey by the Open Society Foundation. A total of 226 507 ...
More >>
Research and Markets: NRT Smoking Cessation Aids in Bulgaria
Research and Markets has announced the addition of the "NRT Smoking Cessation Aids in Bulgaria" report to the
More >>
Ex Tsar Saxe-Coburg: Getting Bulgaria in EU Made Me Become PM
Bulgaria?s ex Tsar and ex Prime Minister Simeon Saxe-Coburg has published an article claiming that his primary motivation for ?accepting? to head the Bulgarian government in 2001 was to make the country an EU member. The article in question appeared on Saxe-Coburg?s website on Tuesday, April 24, apparently intended to note the anniversary since the signing of Bulgaria?s EU accession treaty seven ...
More >>
Bulgaria, Moldova Accede to Statelessness Conventions
Bulgaria and Moldova have become the latest states to accede to the international conventions on statelessness, the United Nations Refugee Agency UNHCR announced. "UNHCR is very pleased by these new accessions to the global treaties to address and resolve statelessness. Achieving an increased number of states parties to the two statelessness conventions is key to making progress," UNHCR ...
More >>
Bulgaria Must Fast-Track EU Funds Absorption by 2013
Bulgaria will need to treble the pace of EU funds absorption to prevent losses of millions of euro next year. In 2013, Bulgaria will have to certify expenses of BGN 6.76 B, or twice the amount for 2012, according to a publication of Sega daily. ...
More >>
Bulgaria's Scrapped Project for FMD Fence Absorbed BGN 570 000
Although Bulgaria gave up on the idea to build a fence along its border with Turkey to prevent the spread of foot-and-mouth disease, the project has already absorbed some BGN 570 000. The project was cancelled last week as it emerged that it would be too costly and that it would cross nine protected areas. The 181-km border fence was eventually estimated to cost a total of BGN 28 M (almost EUR ...
More >>
Bulgaria, Romania Not Closer to Schengen after Dutch PM Resignation - Expert
Bulgaria and Romania's bids to join the Schengen Agreement are not likely to receive a green light by the Netherlands ahead of the country's early elections in the fall, a Dutch expert reckons. The parties that are key for changing the Dutch stance on Bulgaria and Romania's Schengen entry have solid opinions on the issue, according to Adriaan Schout, Deputy Director of the Netherlands Institute ...
More >>
Citigroup: Bulgaria GDP Growth to Slow Down to 1.2% in 2012
Bulgaria's economic growth is expected to slow-down to 1.2% in 2012 in the wake of the continued crisis in the eurozone and stagnant domestic demand, according to Citigroup analysts. GDP growth next year is forecast at 2....
More >>
Bulgaria Saw Fourfold Growth of Chinese Investments 2011
Bulgaria observed a fourfold growth of Chinese investments in 2011, according to Chinese Ambassador to the country, Guo Yezhou. "Until the beginning of 2011, Chinese investment in Bulgaria was USD 16 million, while at the end of 2011 it reached USD 70 million," Guo has revealed, as cited by Xinhua. He added that Chinese investment in Bulgaria is currently concentrated in the areas of agriculture ...
More >>
Bulgaria Moves to Seduce More Macedonian Tourists
Bulgaria will try to attract a greater number of Macedonian tourists, as the country is to present itself at the Skopje Travel Market 2012 that is launched on Tuesday. New products, lesser known tourist routes and detailed information on Bulgaria's Spa and wellness centers will be presented at the Macedonian tourism fair, the Bulgarian Ministry of Economy, Energy and Tourism has announced ...
More >>
Ancient erotic vase found in Bulgaria
SOFIA, Bulgaria, April 23 (UPI) -- The director of the National History Museum in Bulgaria said an ancient Greek vase depicting an "unconventional" sex scene was unearthed in a coastal town.
More >>
Bulgaria to Pour EU Money into Career Orientation for First-graders
Bulgaria's Education Ministry is starting a new project for career development funded with EU money that will encompass students from 1st to 12th grade, Education Minister Sergey Ignatov announced. According to Ignatov, his institution has "decided to start creating a system for career orientation during the entire period of school education." ...
More >>
Bulgaria Named Cheapest Tourist Destination for Brits
Bulgaria is the least expensive tourist destination for Britons, the cost index from Post Office Travel Money has revealed. A basket of 10 typical holiday items - including lager, sun-cream and a three-course meal - costing just GBP 42.79 in the Balkan country, 4% less than last year. ...
More >>
Bulgaria Had EU's 2nd Lowest Debt-to-GDP in 2011
Bulgaria had EU's second lowest debt-to-GDP ratio among the EU 27 in 2011 ? 16.3%, according to data released by Eurostat. The lowest ratio of government debt to GDP was recorded in Estonia (6....
More >>
Bulgaria found to be cheapest European destination
The cost of taking a break in Bulgaria is the best-value of all the European destinations, a recent Post Office study has found.
More >>