Expats

Bulgaria Back in Carbon Trading in Autumn - Minister [May 14, 2010] Bulgaria can be allowed into carbon emissions trading under the Kyoto Protocol in the autumn, the economy and energy minister has announced. [via YahooNews] More >>

Bulgaria Financial Minister Snubs Academics [May 13, 2010] Bulgarian science has not contributed much and it has certainly done very little for the country's economy according to Bulgaria's Financial Minister Simeon Djankov. [via YahooNews] More >>

Bulgaria Floats 33% Stake in E.ON Utility [May 11, 2010] Bulgaria will float its 33% minority stakes in E.ON, one of the three power distributors in the country, to enliven the local stock exchange and boost revenues, the economy and energy minister announced on Tuesday. [via YahooNews] More >>

Bulgaria, Romania Least Competitive EU Economies - WEF Study [May 10, 2010] Bulgaria remained the least competitive economy in the European Union, preceded by Romania and Italy, according to the World Economic Forum study. Bulgaria collected 3.77 points and kept the first place at the bottom of the list, while Romania slipped one spot from last year and ranked 26th. [via YahooNews] More >>

(AFX UK Focus) 2010-05-05 11:46 UPDATE 1-Bulgaria to cut public spending by 20 pct in 2010 [May 05, 2010] SOFIA, May 5 (Reuters) - Bulgaria will cut public spending by 20 percent this year for total savings of some 900 million levs ($606.9 million) as it battles a deep recession, Finance Minister Simeon Djankov said on Wednesday. The Balkan country, whose economy contracted 5 percent last year, has been forced to take draconian action and seek ways to boost sagging revenues to keep its budget ... [via YahooNews] More >>

Bulgaria Defence And Security Report Q1 2010 - New Market Report Published [Apr 29, 2010] The election of the Citizens for European Development of Bulgaria (GERB)-led government is positive. The highly skilled cabinet with strong private sector experience is in a favourable position to steer the economy through the downturn. [via YahooNews] More >>

(AFX UK Focus) 2010-04-28 18:05 Bulgaria rejects Russian loan for nuclear plant [Apr 28, 2010] SOFIA, April 28 (Reuters) - Bulgaria has for now rejected a Russian offer to fund its Belene nuclear power plant and will instead focus on finding a western/strategic investor for the project, Economy and Energy Minister Traicho Traikov said on Wednesday. In February, Moscow offered to provide up to 1.9 billion euros to recession-hit Bulgaria to keep the troubled project rolling and Sofia then ... [via YahooNews] More >>

Bulgaria to Miss Shanghai 2010 Expo, Expenses Too Big [Apr 27, 2010] Bulgarian Ministry of the Economy, Energy and Tourism has been unable to secure the promised BGN 4,685 M for Bulgaria's participation at the world Expo 2010 in Shanghai, China. [via YahooNews] More >>

Bulgaria Economy Minister Takes Business Delegation to Israel [Apr 27, 2010] Bulgarias Minister of Economy, Energy, and Tourism, Traicho Traikov, is on a formal visit is Israel Tuesday. Traikov has been invited to Tel Aviv by his counterpart, Israels Minister of Industry, Trade, and Labor, Binyamin Ben-Eliezer. [via YahooNews] More >>

Bulgaria Energy Mafia Drained Billions from State Budget [Apr 16, 2010] The statement was made in a TV interview Friday by Bulgarias Minister of Economy, Energy and Tourism, Traicho Traikov. [via YahooNews] More >>

Bulgaria Energy Mafia Drained Billions from State Budget [Apr 16, 2010] Bulgarias Minister of Economy, Energy and Tourism, Traicho Traikov, says white collar crimes in his sector are the most difficult for prosecutors and judges. [via YahooNews] More >>

Number of Foreign Tourists in Bulgaria Up 8% in Q1 2010 Y/Y [Apr 13, 2010] The number of foreign tourists, visiting Bulgaria between January and March 2010, is up nearly 8% year on year, according to data of the Ministry of Economy, Energy and Tourism. [via YahooNews] More >>

Number of Foreign Tourists in Bulgaria Up 8% in Q1 2010 Y/Y [Apr 13, 2010] Bulgaria's Ministry of Economy, Energy and Tourism hope their campaign to promote and attract more Bulgarians to local destinations such as summer resorts would have an additional positive effect on the tourist industry. [via YahooNews] More >>

Bulgaria Energy Holding Dissolved by End of June [Apr 12, 2010] Bulgaria 's Economy and Energy Minister, Traicho Traikov (l), and the US Ambassador to Sofia, James Warlick, took part in a round table titled: Bulgaria Attractive Investment Destination. [via YahooNews] More >>

Bulgaria Govt Vows to Break up Energy Mega Structure [Apr 09, 2010] Bulgaria 's center-right government has renewed plans to dissolve a mega-structure, which groups all big state-owned energy firms. "We are currently making an analysis on how to transform the structure, Economy and Energy Minister Traicho Traikov said on Friday. [via YahooNews] More >>

Bulgaria Says Power Utilities Sale Revision Not Priority [Apr 09, 2010] Two days after Bulgaria 's prime minister warned the privatisation deals with the three main power distributors may be revised, the economy and energy minister has assured this scenario will hardly unfold. [via YahooNews] More >>

Bulgaria Parliament Majority Snubs Anti-crisis Measures Debate [Apr 01, 2010] Djankov began with the announcement that the number of unemployed in Bulgaria is down by over 4 000 people in March for the first time since December 2008, which according to the Minister is a sign the economy is beginning to recover. [via YahooNews] More >>

Bulgaria, Turkey Mull Joint Liquefied Natural Gas Terminal [Apr 01, 2010] Bulgaria s Economy Miniser, Traicho Traikov, has used his participation at the biennial International Energy Forum in Cancun, Mexico to hold talks with representatives of Turkey, Oman, and Qatar. [via YahooNews] More >>

Bulgaria, Turkey Mull Joint Liquefied Natural Gas Terminal (Novinite.com) [Mar 31, 2010] Bulgaria?s Economy Miniser, Traicho Traikov, has used his participation at the biennial International Energy Forum in Cancun, Mexico to hold talks with representatives of Turkey, Oman, and Qatar. [via YahooNews] More >>

Bulgaria Business Forecast Report Q1 2010 - New Report Published (OfficialWire) [Mar 16, 2010] While it is likely that economic conditions in Bulgaria will stabilize during H209, we hold to the view that the economy will not enjoy a strong rebound in growth as experienced immediately after the deep 1996-1997 recession. [via YahooNews] More >>