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Italian Business in Bulgaria Gears Up for Infrastructure Investment Forum [Apr 18, 2012] Confindustria Bulgaria, the Association of Italian Business in Bulgaria, is staging a forum to explore the infrastructure investment opportunities in the country. The forum entitled "Building the Change. Bulgaria: Infrastructures and Projects for a Growing Country" is taking place on April 19th, in the Royal Hall 3 of the Sheraton Hotel in Sofia, Confindustria Bulgaria announced. ... [via YahooNews] More >>

Bulgaria defends controversial bond-purchase plan [Apr 18, 2012] Sofia (dpa) - Bulgaria?s finance minister on Wednesday defended a draft law that has been criticized by the European Central Bank (ECB) for allowing the government to purchase unrated Bulgaria bonds.In an opinion requested by the Bulgarian government and dated April 13, ECB President Mario Draghi argued that such a law would discriminate against foreign debt securities, which do require a credit ... [via YahooNews] More >>

Bulgaria GDP May Fall by 5% in Q1, Industrial Chamber Warns [Apr 18, 2012] Bulgaria's economy may shrink drastically by 5% in the first three months of the year, the country's Industrial Chamber has warned. "Given the looming decline in GDP for the first quarter of 2012, we expect the budget deficit to be significantly higher than envisaged in the budget, putting at risk public investments and the payment of pensions," according to the business chamber. Bulgaria's ... [via YahooNews] More >>

Kuneva: Bulgaria Suffers from 'Boykonomics' [Apr 18, 2012] Bulgaria's ex-EU Commissioner and current leader of a civic movement, Meglena Kuneva, has declared she is disgusted with the mishandling of the Bulgarian economy by the government of the center-right party GERB and PM Boyko Borisov. Speaking on BNT Wednesday, Kuneva described the "failed" economic policies of the Borisov Cabinet as "Boykonomics". "There are constant discrepancies in the economic ... [via YahooNews] More >>

Bulgaria's FDI Slump by over 8% in February [Apr 18, 2012] Bulgaria's foreign direct investments decreased by 8.59% in February as compared with the previous month, reaching a total of EUR 40.4 M. ... [via YahooNews] More >>

Bulgaria Replies to ECB to Defend Silver Fund Changes [Apr 18, 2012] Bulgaria's finance minister has made an attempt to defend the proposed changes to the state fund for guaranteeing the stability of the state pension system, criticized by the European Central Bank. The investments of the fund's resources into Bulgarian government securities (GS) will be made in stages if this opportunity should be availed of, Finance Minister Simeon Djankov wrote in his letter ... [via YahooNews] More >>

Nuclear Hopes Fade with the End of Bulgaria's Belene [Apr 18, 2012] from Al Jazeera by Julian Popov Bulgaria has finally abandoned the building of a second 2GW nuclear power plant by the town of Belene on the banks of the River Danube.... [via YahooNews] More >>

Bulgaria's Albena Summer Resort Moves to Lure Chinese Tourists [Apr 18, 2012] Bulgaria's summer resort Albena has revealed its plans to establish itself on the Chinese market by offering a Balkan Tour. The Bulgarian resort is hoping to attract Chinese tourists by offering a 10-day tour around cultural and historical monuments in Bulgaria, Turkey and Greece. Albena will also present to the Chenese market an 8-day program that will include Bulgarian cities Varna, Veliko ... [via YahooNews] More >>

Research and Markets: Bulgaria Food and Drink Report Q1 2012 [Apr 18, 2012] Research and Markets has announced the addition of the "Bulgaria Food and Drink Report Q1 2012" report to th [via YahooNews] More >>

Gallup: Bulgaria, Yemen, Armenia suffering [Apr 18, 2012] WASHINGTON, April 18 (UPI) -- Surveys in 146 countries found 45 percent of Bulgarians are "suffering," followed by 38 percent in Yemen and 35 percent in Armenia, Gallup reported. [via YahooNews] More >>

Penniless Bulgaria to Give Up Building Turkish Border FMD Fence [Apr 17, 2012] Bulgaria's government will reverse its decision to build a fence along its border with Turkey, a measure which was supposed to tackle the infiltration of foot-and-mouth disease-infected animals. This has been announced Tuesday night by the press service of the Bulgarian Council of Ministers, ahead of the regular weekly meeting of the Cabinet on Wednesday. The announcement states that regardless ... [via YahooNews] More >>

Bulgaria, Greece 'Swap' Record Number of Tourists for Easter [Apr 17, 2012] A record number of Bulgarians and Greeks have visited each others' countries during the Eastern Orthodox Easter holidays over the past weekend, border police data indicates. Some 65 000 Bulgarians went to Greece during the four-day Easter holiday, while almost just as many Greeks ? about 58 000 ? spent their brief Easter vacation in Bulgaria. According to Lora Lyubenova, spokesperson of the ... [via YahooNews] More >>

Bulgaria, Vietnam to Launch Education Cooperation [Apr 17, 2012] Bulgaria and Vietnam signed a bilateral agreement for cooperation in the sphere of education during Bulgarian Parliamentary Speaker Tsetska Tsacheva's visit to the Asian country. An agreement for the bilateral protection of information was also signed between Bulgaria and Vietnam. On Tuesday, Tsacheva met with Vietnam's National Assembly Chairman Nguyen Sinh Hung. ... [via YahooNews] More >>

Unhappy Hens Lay More EU Troubles for Bulgaria [Apr 17, 2012] Bulgaria, along with another eleven EU member states, risks to draw Brussels wrath for failing to comply with its hen welfare standards by the end-May deadline. In end-January, the European Commission launched infringement procedures against 13 EU member states, including Bulgaria, over their failure to implement EU legislation concerning the welfare of laying hens. But a source close to the ... [via YahooNews] More >>

Bulgaria-Greece Border Record Busy during Easter 2012 [Apr 17, 2012] More than 100 000 Bulgarian residents have visited Greece in search of more exciting Easter holidays, obviously undisturbed by the economic turmoil in the neighboring country. Traffic through Bulgaria-Greece border checkpoints was record-high during the Easter holidays, the most intensive being at the Kulata and Kapitan Petko Voyvoda, the Bulgarian Border Police announced. More than 65 000 ... [via YahooNews] More >>

EconMin: Bulgaria's Top Thracian Treasure Will Boost Investment [Apr 16, 2012] High-ranking Bulgarian statespersons attended Monday the first-ever display of the world famous Panagyurishte Thracian Treasure in the town near which it was found. The treasure was uncovered by three local brothers near central Bulgarian town of Panagyurishte in 1949, and has since made world renown as one of the top works of art of the Thracian civilization. "Today's return of the treasure to ... [via YahooNews] More >>

Bulgaria Condemns Taliban Attacks in Afghanistan [Apr 16, 2012] The Bulgarian Ministry of Foreign Affairs has issued a statement Monday condemning the upsurge of violent Taliban activity in Afghanistan's capital Kabul. "The coordinated attacks against offices of institutions in Afghanistan during the last 24 hours are a heavy encroachment against the common efforts of authorities and the international community to establish peace and stability in the region ... [via YahooNews] More >>

Bulgaria's Top Archaeology Treasure Returns to Hometown [Apr 16, 2012] Bulgaria's prized Thracian Panagyurishte Gold Treasure is on display Monday in its hometown Panagyurishte, in central Bulgaria. The display will last for a month, until May 16, and is set to be repeated each year. During the remaining time, the Panagyurishte travels on exhibits around the world. ... [via YahooNews] More >>

Bulgaria Could Veto Serbia for EU over Bulgarian Minority - VP [Apr 15, 2012] Serbia will not become a member of the European Union until it resolves the issue with its Bulgarian minority, Bulgaria's Vice President Margarita Popova has declared. Popova visited the town of Bosilegrad in Serbia, which is populated by ethnic Bulgarians, not onlike other border regions in Eastern Serbia, which Bulgaria was forced to cede under the Treaty of Neuilly-sur-Seine after World War I ... [via YahooNews] More >>

Bulgaria plans third nuclear reactor [Apr 15, 2012] Bulgaria's government has announced plans to install a third reactor at the country's only nuclear power plant in Kozloduy. [via YahooNews] More >>

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