Expats

Go-Ahead for Bulgaria's Stock Exchange Sale, Majors Wooed - Report [Mar 14, 2012] Bulgaria targets major global and European bourse operators for the sale of its only stock exchange, which it hopes to wrap up in the first half of this year, according to insiders, cited by local media. Bulgaria's government has packed together its stake at the stock exchange and the depository in a bid to sweeten the deal for the bourse privatization. The bundling ensures that the new owner ... [via YahooNews] More >>

Bulgaria to Fine 4 Fuel Retailers over Price Cartel - Report [Mar 06, 2012] Bulgaria's anti-trust regulator has decided to slap fines on four major fuel retailers for conspiring to increase fuel prices, according to local media reports. The Commission for Protection of Competition launched the probe in the summer of 2011, encompassing Lukoil Bulgaria, Naftex Petrol, Rompetrol and OMV, 24 Hours daily reported, citing a document by the regulatory body that it has obtained ... [via YahooNews] More >>

Four Bidders to Vie for Bulgaria's Vivacom - Report [Mar 01, 2012] Three binding bids have already been submitted for Bulgaria's telecom Vivacom and one more is expected within days, local media reports say. Tsvetan Vassilev, the head of Bulgaria's Corporate Commercial Bank, and Icelandic businessman Thor Bjorgolfsson have made bids for Vivacom, heir to the state-owned Bulgarian Telecommunications Company (BTC), Capital daily reported, citing insiders. The ... [via YahooNews] More >>

Bulgaria May Keep Its Notorious Health Insurance Head [Feb 20, 2012] Bulgaria's discredited National Health Insurance Fund director, Neli Nesheva, may very well keep her position, according to local media. Nesheva admitted to receiving over BGN 12 000 of bonuses last year and - though claiming the money was well deserved - quit office on Friday under public and opposition pressure. Her resignation is to be discussed by MPs from the ruling centrist-right GERB on ... [via YahooNews] More >>

Bank Drain Ghosts Haunt Bulgaria Again [Feb 01, 2012] Foreign banks are pulling funds from their subsidiaries in Bulgaria as lending growth in the country stalls, shows preliminary data of BIS, the central bank of central banks, as cited by local media. The total exposure of foreign banks to Bulgaria totaled USD 2.3 B during the third qurater of last year and about half ot it ? USD 1 B was withdrawn by Greek banks, Sega daily reported, citing ... [via YahooNews] More >>

Four Bidders Said to Eye Bulgaria's Vivacom [Jan 24, 2012] Telekom Austria, Turkey's Turkcell, the head of Bulgaria's Corporate Commercial Bank and Icelandic businessman Thor Bjorgolfsson are interested in the sale of Bulgaria's telecom Vivacom, local media reports say. The potential buyers of debt-laden Vivacom, heir to the state-owned Bulgarian Telecommunications Company (BTC), will be expected to submit bids in a month, but none of them has ... [via YahooNews] More >>

Bulgaria Eyes Return to Komi's Timber Industry [Nov 30, 2011] Bulgarian entrepreneurs have visited the Komi Republic (a federal subject of Russia) in order to explore the opportunities for revamping Bulgaria's key role in the local timber industry, according to local media. Potential Bulgarian investors met with representatives of the local authorities involved in the region's timber industry. The companies which the Bulgarian investors represented have ... [via YahooNews] More >>

Bulgaria are 'laughing stock' of Europe: local media [Oct 12, 2011] SOFIA (Reuters) - Bulgaria's national team were labelled the "laughing stock of Europe" by local media on Wednesday after their dismal Euro 2012 qualifying campaign ended in a home defeat by Wales. [via YahooNews] More >>

Bulgaria's Stock Exchange Privatization Stalls - Report [Oct 10, 2011] Bulgaria's hopes to find an investor for its bourse by the end of the year have gone sour as no bidders have declared interest so far, according to insiders. The interest in Bulgaria's stock exchange privatization has sharply declined over the last few months and no talks, even unofficial, have been held, local media reports say. Shortly after the Bulgarian Stock Exchange launched the sale of ... [via YahooNews] More >>

Bulgaria Top Players Out of Squad for Wales Clash - Report [Sep 23, 2011] Bulgaria will go to the euro qualifier against Wales next month without two of its top players ? Stiliyan Petrov and Martin Petrov, according to local media reports. If confirmed, the move will be an echo of the recently dismissed former coach Lothar Matthaeus' tactics, who left out of the match against Belarus the most experienced pair only to be put to shame after a humiliating but well ... [via YahooNews] More >>

Bulgaria to Offer Germany's Matthaeus New Contract - Report [Jul 29, 2011] Former German international star and current Bulgarian team coach Lothar Matthaeus will be given the chance to extend his contract, insiders from the country's Football Union has revealed, as cited by local media. The much-traveled Matthaeus replaced in September 2010 Stanimar Stoilov, who quit after Euro 2012 qualifying defeats to England, and more damagingly, Montenegro. Lothar Matthaeus ... [via YahooNews] More >>

Brussels Moves to Sanction Bulgaria over DTT Multiplex Deals [May 20, 2011] The European Commission has launched an infringement procedure against Bulgaria over the highly controversial tenders for the operation of what will be the country's DTT multiplexes, a spokesman told local media. The information was confirmed by the Transport Ministry, even though they said they have not yet received an official letter from the European Commission with the motives for this ... [via YahooNews] More >>

Drunk driver kills 6 pedestrians in southern Bulgaria [Apr 25, 2011] SIMEONOVGRAD, BULGARIA : Six young pedestrians were killed on late Saturday evening when they were struck by a drunk driver in southern Bulgaria, local media reported on Sunday. [via YahooNews] More >>

Dilma Rouseff Breaks Protocol, Meets Bulgaria PM Dec 30 - Report [Dec 30, 2010] Bulgaria's prime minister, who is in Brazil to attend the inauguration of Dilma Rousseff as the country's new president on Saturday, will be the first to meet her two days earlier, local media reported. [via YahooNews] More >>

Bulgaria's Consul in Bursa Nabbed over Artefacts Traffic [Dec 30, 2010] Bulgaria's honorary consul in the Turkish town of Bursa has been arrested on suspicions of involvement in a channel for illegal trade in historical artefacts, local media reported, citing the police. [via YahooNews] More >>

Bulgaria FinMin Quizzed, Faces Charges over Classified Info Leak - Report [Oct 16, 2010] Bulgaria's prosecutors have interrogated Finance Minister Simeon Djankov and are expected to charge him in the short term with leaking classified information, according to local media reports. [via YahooNews] More >>

Bulgaria FinMin Quizzed, Faces Charges over Classified Info Leak - Report [Oct 14, 2010] Bulgaria's prosecutors have interrogated Finance Minister Simeon Djankov and are expected to charge him in the short term with leaking classified information, according to local media reports. [via YahooNews] More >>

Bulgaria FinMin to be Charged over Classified Info Leak - Report [Oct 01, 2010] Bulgaria's prosecutors will raise charges against Finance Minister Simeon Djankov over accusations of leaking classified information, local media reports said. [via YahooNews] More >>

Bulgaria Plans to Issue Bonds Worth EUR 1 B in 2011 [Sep 23, 2010] Bulgaria is planning to sell bonds amounting to EUR 1 B on the international market in 2011 to shore up its finances, according to a finance ministry draft paper, cited by local media. [via YahooNews] More >>

France Deported to Bulgaria Ethnic Turks, Not Roma - Report [Aug 22, 2010] The first group of migrants, deported from France to Bulgaria late on Friday, consisted of ethnic Turks, not Roma, as initially expected, according to local media reports. [via YahooNews] More >>