Expats

Bulgaria's Re-Export of New Cars Booms in 2011 [Nov 01, 2011] Between 35% and 40% of all new cars bought in Bulgaria are re-exported from the country, according to Stoyan Zhelev, chairman of the Association of Car Manufacturers and Their Representatives for Bulgaria. Bulgaria's export of new cars to Germany exceeded its import of new cars from there with a total of 270 vehicles in the first six months of 2011, Zhelev has pointed out in an interview for the ... [via YahooNews] More >>

Bulgaria, Russia Agree on New Nuclear Project Delay [Oct 03, 2011] Bulgaria and Russia have reached an agreement to extend the negotiations over Belene nuclear project by another six months as of the beginning of October amidst continuing haggling over its price and feasibility. Bulgaria's National Electric Company NEK and Russia's Atomstroyexport, a subsidiary of Rosatom, signed on September 30 a new annex extending by the end of March 2012 their contract for ... [via YahooNews] More >>

Bulgaria's Road Agency with 5th Management Reshuffle in 2 Years [Sep 12, 2011] The Bulgarian Road Infrastructure Agency has appointed a new CEO dismissing the current director Sergey Mihalev only six months after he took over. Mihalev's contract was terminated with his consent, the Bulgarian Regional Development Ministry, which is in charge of the road agency, announced Monday night. Mihalev has been replaced with Lazar Lazarov, an acting member of the Governing Board of ... [via YahooNews] More >>

Bulgaria's Ruling GERB Showcases Renovated Headquarters [Aug 28, 2011] The ruling Citizens for European Development of Bulgaria, GERB, party is showcasing for the first time Sunday the renovated party headquarters in downtown Sofia. The renovation works took six months, but the opening ceremony comes one week ahead of schedule ? party leader and Prime Minister, Boyko Borisov, had said on several occasions the name of the GERB nomination to run for President on ... [via YahooNews] More >>

Bulgaria Gets Deplorable Amount of FDI in H1 2011 [Aug 15, 2011] Bulgaria attracted a total of only EUR 7.9 M in foreign direct investment in the first six months of 2011, according to latest data from the Bulgarian National Bank. Compared with the first six months of 2010 when the foreign investments in Bulgaria reached EUR 532.... [via YahooNews] More >>

Bulgaria's Budget Deficit Down Q1, Q2 2011 Y/Y [Aug 01, 2011] The Bulgarian Finance Ministry has registered a budget deficit of BGN 650 M for the first half of 2011 or 0.9% of the expected GDP. In 2010, the budget deficit at the end of June, accumulated during the first six months of the year, has been BGN 1.... [via YahooNews] More >>

Bulgaria Cheers for World's Newest State South Sudan [Jul 09, 2011] Bulgaria's Foreign Ministry has joined the other EU countries in the recognition and welcome of the newest independent state in the world, South Sudan, which held Saturday, July 9, 2011, its independence ceremony. "Six months after voting freely for independence in a democratic referendum, we witness the birth of Africa's youngest nation. The peaceful road that led to today was made possible by ... [via YahooNews] More >>

Bulgaria Govt Urged to List Belene N-Plant on Stock Exchange [Apr 04, 2011] Bulgaria's government should list on the stock exchange the new company for the second nuclear power plant at Belene to test the economic viability of the controversial project, the chairman of the country's energy forum has suggested. "This is a process, which can take up to six months, having in mind all the analyses and audits, which have to be made. The interest of local and foreign ... [via YahooNews] More >>

Bulgaria's Schengen Entry to be Delayed by Six Months - German Expert [Dec 24, 2010] Bulgaria's accession to the European visa-free Schengen zone, scheduled for March 2011, will be delayed by six months because the coalition of France and the Netherlands, which oppose early entry, is too powerful, according to a German expert. [via YahooNews] More >>

Bulgaria's Schengen Entry to be Delayed by Six Months - German Expert [Dec 21, 2010] Bulgaria 's accession to the European visa-free Schengen zone, scheduled for March 2011, will be delayed by six months because the coalition of France and the Netherlands , which oppose early entry, is too powerful, according to a German expert. [via YahooNews] More >>

Bulgaria Extends NPP Contract with Russian Atomstroyexport [Oct 12, 2010] Photo of the Belene NPP site by BGNES. The Bulgarian Energy Holding has extended its Atomstroyexport contract, which expired September 30, by six months, ending March 31, 2011, as reported by Dnevnik.bg. [via YahooNews] More >>

Bulgaria to Extend N-Plant Contract with Atomstroyexport - Report [Oct 10, 2010] Bulgaria's contract with Russia's Atomstroyexport, commissioned to build the planned 2,000 megawatt Belene nuclear plant on the Danube River, which has stalled over lack of funding, will be extended by six months, reports say. [via YahooNews] More >>

Bulgaria Detains 2 Russians on National Security Grounds [Sep 23, 2010] Two Russian citizens, who have allegedly participated in the Uralmash crime group, have been detained in Bulgaria's Special Center for Temporary Accommodation of Foreigners in Busmantsi for six months. [via YahooNews] More >>

Bulgaria Consolidated Budget Deficit Tops BGN 1.5 B H1 [Sep 01, 2010] Bulgaria's consolidated budget deficit exceeded BGN 1.5 B in the first six months of 2010 due to a fall in revenues and a rise in spending for social payments, the finance minister announced on Wednesday. [via YahooNews] More >>

Bulgaria Ups Renewable Energy Production [Aug 27, 2010] In 2009, Bulgaria produced 800 thousand MGWH from green sources while for the first six months of 2010, this production has already reached 1 million MGWH. According to the expert, in the next few years the share of renewable sources in energy production can reach 17% to 20%. [via YahooNews] More >>

Bulgaria Shopping Mall Space Doubled in H1- Report [Jul 12, 2010] The stock of contemporary shopping mall space in Bulgaria doubled in the first six months of 2010 with the opening of five new shopping malls, reaching 452,000 sqm in total, a realtor report says. [via YahooNews] More >>

Spanish Electra to Build Wind Power Park in Central Bulgaria [Apr 26, 2010] Electra started activities in Bulgaria about six months ago. Photo by BGNES Spanish energy holding Electra plans to build a 100 MW wind power park in the central part of Bulgaria and has already bought 5000 decares of land, the company announced. [via YahooNews] More >>

EU Sees ?Poor Results? in Bulgaria?s Efforts on Judicial Reform (Bloomberg) [Mar 23, 2010] March 23 (Bloomberg) -- The European Union said Bulgaria is showing ?poor results? in its efforts on judicial reform. ?In the last six months, Bulgaria has launched a number of important initiatives,? the EU said in a report released today in Brussels. [via YahooNews] More >>

Bulgaria Parliament Votes Govt Reshuffle on Wednesday (Novinite.com) [Jan 25, 2010] Bulgaria's parliament is to vote on the first changes in the center-right GERB cabinet on Wednesday, just six months after it came into office. In order to come into force, the reshuffle has to be approved by more than half of the deputies in the 240-seat unicameral national assembly. [via YahooNews] More >>

Bulgaria Says Euro Bid Top Foreign Policy Priority (Novinite.com) [Jan 22, 2010] Bulgaria's application to join the exchange-rate mechanism, the two-year currency stability test prior to euro adoption, is the top priority of its foreign policy for the next six months, the finance minister has said. [via YahooNews] More >>