News tagged "bulgaria"
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Bulgaria Cabinet, Central Bank at Odds Over Fund Management
Bulgaria?s Cabinet clashed with the central bank over a decision to invest 30 percent, or about 700 million lev ($470 million), of a so-called Silver Fund in government securities and use the return for state payments.
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Bulgaria's National Team Slumps to New Record Low in FIFA Ranking
Bulgaria's national football team has reached the 96th spot in the FIFA/Coca Cola World Ranking, an all-time record low. The Balkan country has lost 11 spots since March and is now one place behind Georgia and one ahead of Vietnam. Bulgaria has played one game since new coach Lyuboslav Penev took over at the end of 2011, a 1:1 away draw in a friendly against Hungary at the end of February. ...
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Bulgaria Starts Exploring Conventional Gas Deposits
Bulgaria is launching a public procurement tender for the study and exploration of possible gas deposits in the Black Sea continental shelf. The reported deadline for the bidders is May 30, 2012. Just one day ago, Economy and Energy Minister, Delyan Dobrev, commented that the prospective to find gas in the sea shelf were "very good," stressing the interest of the largest company in the world for ...
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Bulgaria urged residents of Gagauzia to study Bulgarian language
Ambassador of Bulgaria in the Georgi Panaiotov 10 April visit to Gagauzia autonomy authorities and handed over a batch of 800 books-hrestomatij, training and methodological materials for studying of Bulgarian language and literature in Bulgarian.
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Bulgaria to Seal Gas Contract with Russia by End of Summer
Delyan Dobrev, Minister of Economy, Energy and Tourism, has suggested that the new gas contract between Bulgaria and Russia should be signed by the end of the summer. "We cannot afford to wait until the last moment because large-scale consumers of gas in the country need predictability," Dobrev said in a Tuesday interview for Capital Daily. Dobrev noted that Bulgaria had concrete strategies for ...
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Bulgaria Invites Toshiba to Invest in Belene Site
Bulgaria's parliamentary spokesperson Tsetska Tsacheva has invited Japanese company Toshiba to invest in building a new energy facility on the site of the scrapped Belene nuclear power plant. Tsacheva, who leads a Bulgarian delegation to Japan, has proposed that Toshiba provide effective and energy saving technologies, an area where Bulgaria faces significant problems. Bulgaria's government ...
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Research and Markets: Bulgaria Consumer Electronics Report Q2 2012
Research and Markets has announced the addition of the "Bulgaria Consumer Electronics Report Q2 2012" report
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Bulgaria's January Exports to EU Down by 7.3% Y/Y
Bulgaria's exports to other EU countries decreased by 7.3% in January 2012 year on year, amounting to over BGN 1.7 B, according to preliminary data revealed by the country's National Statistical Institute. ...
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Bulgaria under EU Pressure over Illegal Assets Bill
Bulgaria's rulers are in a hurry to adopt the bill authorizing widespread confiscation of illegal assets in a bid to please Brussels ahead of its upcoming report on the country's progress in justice and home affairs, insiders say. The ruling majority in parliament will seek to pass the long-delayed bill by the beginning of May, when a delegation of the European Commission will arrive in the ...
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Bulgaria posts USD837m foreign trade deficit in Jan-Feb
(MENAFN) Bulgaria's National Statistical Institute (NSI) said that in the January-February period, the country's foreign trade deficit grew to USD837 million, reported Xinhua News. The agency ...
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Bulgaria country profile
Provides an overview of Bulgaria, including key events and facts about this eastern European country
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Bulgaria Launches 1st Ever Food Bank
Bulgaria is officially introducing Tuesday the first ever food bank, which was created by a government expert working group. The group included representatives of the Agriculture Ministry, the Finance Ministry, the Ministry of Social Policy and Labor, the Ministry of Economy, Energy and Tourism and the Food Safety Agency. The food bank provides nourishment for the poor and the disadvantaged and ...
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Bulgaria to Complete Northeastern Gas Pipeline in 2013
Bulgaria is to start building a natural gas supply pipeline to the northeastern city of Silistra in the fall of 2012, Kiril Temelkov, CEO of state company Bulgartransgaz, announced Monday. The future extension of the major Bulgarian gas pipeline ring will start from the northeastern city of Dobrich, and will bring Russian natural gas to Silistra on the Danube, and several small-town ...
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Bulgaria's Ruse Receives First Austria-Turkey Container Block Train
The freight train station at the Bulgarian Danube city of Ruse has received its first ever container block train, also known as a unit train, which will be transporting goods from Austria to Turkey. The container block trains, also known as unit trains, are still a new means of freight transportation in Bulgaria, with the first ever such train for the country having been received only in ...
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Bulgaria's Tourist Tax Ruled Unconstitutional
The tourist tax that was introduced in Bulgaria in April 2011 is unconstitutional, the Bulgarian Constitutional Court has ruled. The Court made the ruling on April 5 but it was not made public until Monday, April 9, when it was announced on the institution's website. The probe into the legality of the controversial tourist tax had been launched at the request of 61 Members of Parliament from the ...
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Bulgaria's GERB Vows 1 000 Job Openings for Young Roma
By the year 2020, Roma will have a 23% share of Bulgaria's labor market, according to Deputy Prime Minister and Interior Minister, Tsvetan Tsvetanov. Speaking at a national round table on Roma problems, Tsvetanov, who is also the Chairman of the National Council for Partnership on Ethnic and Integration Issues, reported that according to the latest Census, 325 343 Roma live in Bulgaria, which is ...
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Bulgaria 2012 Growth Forecast Unanimously Capped at 1.5%
Bulgarian analysts and institutions have cut their growth forecast for 2012 to just below 1.5% instead of the previously forecast 2-3%, citing slumping exports and stagnant domestic demand. Exports to the European Union, the main driver of Bulgaria's economy, declined in the last quarter of 2011 because of the euro-area's debt crisis....
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Bulgaria Eyes Foreign Investment as Skilled Manpower Decreases
By Nathan Morley in Sofia Famagusta Gazette As Europe's poorest county, where the average monthly salary is just 250 Euros, Bulgaria is keen to attract foreign investment, but with many graduates leaving for work in other EU countries, man power is becoming limited. ...
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Bulgaria Eurobond Float Wary of Turbulent Summer Waters
Bulgaria's government, which plans to issue eurobonds worth up to EUR 1 B in the second quarter, may be forced to struggle with volatile markets if it misses out on the current benign conditions, analysts have warned. The sale procedure can be arranged in a matter of two or three months, so it can take place not the beginning of June, as forecast by the finance minister, but in July, according ...
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Bulgaria's Govt to Complete Sofia-Black Sea Highway July 1
Bulgaria's first major highway, "Trakiya", linking Sofia to the Black Sea coast at Burgas is to be completed ahead of schedule, Regional Development Minister Lilyana Pavlova announced. In her words, the builders of the 360-km highway has committed to completing it ahead of schedule with July 1 being the most optimistic deadline for the still uncompleted Lots 2 and 3. At the same time, the ...
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