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LATEST NEWS FROM NOVINITE.COM |
Bulgarian Minister Woos German Investors in Berlin
Bulgaria's Regional Development Minister Rosen Plevneliev is presenting investment opportunities at a forum in Berlin on Tuesday.
The "economic dialogue" forum "Bulgaria-Germany – New Opportunities for Trade, Cooperation and Investments in Bulgaria" is organized by the Bulgarian Embassy in Germany, the German-Bulgarian Chamber of Industry and Commerce (DBIHK), the Association of German Chambers of Industry and Commerce and the German Agency for Commerce and Investments with the aid of the German Federal Ministry of Economy and Technologies.
Plevneliev, who is a former manager of the German construction and a real estate company Lindner in Bulgaria, will be presenting the economic situation in the country as well as specific investment opportunities.
... | Bulgaria, Romania Mull Joint Hydropower, Nabucco Efforts
Bulgarian and Romanian government representatives met in Bucharest and reached agreements on a number of joint energy pursuits, reported Mediafax.ro quoting the Romanian Ministry of Economy.
According to a release from the Romanian Ministry of Economy, Trade and Business Environment, the meeting took place in Bucharest end of last week and included Romanian state secretary in the Ministry of Economy Constantin Claudiu Stafie and Bulgarian deputy Minister of Economy and Energy Mariy Kossev, as well as Bulgarian ambassador Vladimir Radomirski.
... | Real Estate Prices at Bulgaria's Potential F1 Track Skyrocket
A week after it was announced that Bulgaria might built a Formula 1 circuit, the real estate prices at its future site near Sofia have skyrocketed despite the fact that the initiative has been troubled by an international scandal.
The properties near the village of Dobroslavtsi right outside of Sofia to the northwest, which is expected to host the Formula 1 racetrack on a former air base plot, increased by 50%-75% overnight, according to bTV.
The private channel reports that the rumors around the future F1 site are not the only the locals at Dobroslavtsi have been targeted by buyers for their land as three years ago a Spanish company bought 40 hectares close to the village at about EUR 10-12 per square meter.
... | Bulgarian PM: 'We Don't Have Problems with France on Roma'
Bulgaria does not have problems with France's actions regarding Roma, unlike Romania, stated Bulgarian PM Boyko Borisov Tuesday.
He was replying to questions after meeting ex Spanish PM Jose Maria Aznar in Sofia, as reported by BGNES.
Borisov's words went largely unnoticed by Bulgarian media, but they solidify an impression of passiveness and acceptance on the part of the Bulgarian government, especially when compared to its Romanian neighbors, who have seriously questioned the French move and have had a number of bilateral meetings of high-ranking government officials.
... | Barroso: 'Moment of Truth' for EU Is Now
President of the European Commission Manuel Barroso calling for the EU to act out as a unified entity during his first ever "State of the Union"-style address in front of the European Parliament Tuesday, reports the Bulgarian National Radio.
During his speech, the Commission President promised a quicker recovery and stronger growth within the EU than expected, but warned of continually high unemployment and varying degrees of success in combating the economic crisis among the Union's member states.
He stated that it is time "to modernize Europe's social market economy" and look deeply into the future.
... | Jose Maria Aznar: Bulgarian Cabinet Is and Will Be Successful
Former Spanish PM Jose Maria Aznar voiced praise for the Bulgarian government during his official visit to the country Monday.
"I am convinced that Bulgaria will have a great future. Strategically speaking, the policy of the cabinet is successful and I am certain that under the leadership of PM Boyko Borisov the government's resolve and good work will have goals achieved," stated the honorary chairman of the Spanish People's Party.
... | Interior Minister: Ethnic Turks Leader Might Be Legally Clean
It might turn out that Ahmed Dogan, leader of the Movement for Rights and Freedoms, has formally not breached any law, stated Bulgarian Minister of Interior Tsvetan Tsvetanov.
Tsvetanov suggested in an interview for Nova TV Tuesday that the court proceedings currently held against the controversial ethnic Turkish leader over alleged conflicts of interests might prove that Dogan has not committed any crime from a formal legal point of view.
The Minister of Interior nevertheless stressed that the case is of utmost importance, saying that it is manifest that Dogan had acted wrongly, morally and politically speaking.
... | Bulgarian PM: 'I Won't Respond to Political Critics'
Bulgarian PM Boyko Borisov stated he does not feel obliged to respond to criticism leveled against his cabinet by opposition Socialist Party and supportive Blue Coalition at the start of the new political season.
He also said he does not feel threatened by a non-confidence vote promised by socialists MPs.
"I have not felt worried by the Bulgarian Socialist Party's actions for years," said Borisov in an interview for bTV.
... | Bulgaria to Up Some Taxes to Boost 2011 Revenue
The Bulgarian Ministry of Finance has published proposals for adjustments in the tax system in a bid to increase revenue for the 2011 state budget.
The proposals, posted at the Ministry's website, do not involve an overall increase in taxation rates, but introduces greater levy burdens for some cases.
Key proposed innovations include a unified VAT for the tourist sector, a new offshore tax, as well as increases in the rates for fuels and some tobacco products.
... | Jose Maria Aznar in Bulgaria to Meet PM, Discuss Rightism
Former Spanish PM and current People's Party honorary chair Jose Maria Aznar is in Bulgaria Monday to meet Bulgarian PM Boyko Borisov and participate in a conference devoted to rightist politics.
Borisov is the leader of center-right GERB party, which is a fellow EPP organization with the Spanish People's Party, for which Aznar was pivotal in revitalizing in the 1990s.
Aznar came to be Spain's prime minister in 1996 and served two terms until 2004.
... | Paris Summit Omits Roma Issue, France Insists 'There's No Expulsion'
The much expected immigration summit of several EU countries and Canada in Paris has made no mention of the recent campaign of the French government to crack down on Roma immigrants from Bulgaria and Romania.
The Roma issue, including the deportation of Roma squatters to their home countries, which caused much uproar around Europe and brought much international criticism for French President Nicolas Sarkozy, was not mentioned once during the discussions of Monday's immigration summit in Paris, and was not included in the concluding document of the meeting, reported the correspondent of the Bulgarian channel bTV.
At a news conference after the summit, however, French Immigration Minister Eric Besson practically denied the existence of a "Roma deportation".
... | Financial Appraisal Deal Brings Nabucco Closer to Securing Funding
The shareholders and project company of Nabucco have singed a mandate letter with three international financial institutions for the appraisal of the future natural gas transit pipeline, which has been hailed as a key step towards its successful construction
The signing of the mandate letter of the shareholders and Nabucco Gas Pipeline International with the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and IFC - a member of the World Bank Group, marks the start of the appraisal process of the Nabucco project, a required step towards a potential financing package of up to EUR 4 B, the project company says in a statement Monday.
The potential financing package will consist of up to EUR 2 B from the EIB, up to EUR 1.... | Bulgaria's Berbatov United's 2nd Best Player in August
Manchester United's Bulgarian striker Dimitar Berbatov remained second in the poll for the best player of his team in August 2010.
According to the official Manchester United website poll, Manchester United's player of the month for August is Paul Scholes with 62%, or some 5000 votes, out of over 8000 votes cast.
Berbatov is second with 35% of the votes; Luis Nani is third with 3%, and Nemanja Vidic comes in 4th with 1.... | Bulgarian City Wants Direct Link to Sofia Metro
The administration of the western Bulgarian city of Pernik has renewed its initiative for a connection to subway of the Bulgarian capital Sofia.
On Monday, the Deputy District Governor of Pernik, Radoslav Yordanov, announced that the local authorities have renewed their talks with the central government for the building of a new train station that will provide a connection between the Pernik-Sofia rail line and the Sofia subway.
Monday's talks were held with Deputy Transport Minister Ivaylo Moskovski; several more meetings are expected to take place between the various authorities, including representatives of National Company "Railway Infrastructure", reported BTA.
... | Bulgaria to Get BGN 41 M Dividend from Power Utility CEZ
The Bulgarian government is going to receive a dividend of BGN 41 M from the Czech-owned power utility CEZ Bulgaria.
This has become clear Monday after a meeting of Bulgarian Prime Minister Boyko Borisov with Jan Vavera, regional manager of CEZ for Bulgaria, which was also attended by Minister of Economy, Energy, and Tourism, Traicho Traikov, and Deputy Environment Minister Evdokiya Maneva as well as the head of Bulgaria's State Commission for Energy and Water Regulation (DKEVR), Angel Semerdzhiev.
Vavera told the PM there will be upcoming early general meetings of the boards of CEZ subsidiaries GEZ Razpredelenie and CEZ Electro, during which the company will approve the payment of a dividend of BGN 41 M to the state for the period 2006-2009.
... | Bulgarian PM Urges National Unity on Unification Day
Bulgarian Prime Minister Boyko Borisov has issued a special statement congratulating Bulgarians on the occasion of 125 years since September 6, 1885, the day of the Unification of the Principality of Bulgaria and "Eastern Roumelia".
"I happy to congratulate you with the Day of Unification, one of the most significant victories in the new Bulgarian history; a victory that happened because the political elite, despite its ideological differences, and the society, despite its social stratification, came together looking in the same direction, and were unified in their endeavor to unite all Bulgarians in one nation-state," says Borisov's statement.
"Sometimes it is harder, sometimes it is easier – but unity is always possible.... | Bulgarian Nationalist Leader Reanimates Turkish Irredentist Threat
There is a serious threat that the Kardzhali District could be separated from Bulgaria, declared Monday the leader of the nationalist party Ataka, Volen Siderov.
During a visit to Kardzhali on Bulgaria's Unification Day, Siderov revived his claims from before the 2005 elections that foreign powers (apparently Turkey) and/or separatist forces might seek to break off the Kardzhali province, which has a Turkish minority, from the rest of the country.
In his words, despite the fact that the ethnic Turkish party DPS (Movement for Rights and Freedoms) is no longer part of the government (as it was in 2001-2009), it still has a virtual monopoly of power in the Kardzhali District.
... | Bulgarian Bishop Hands Medals to 'Defenders of Christianity' from Gays
The bishop of Bulgaria's Plovdiv, Nikolay, has presented orders for "defending" Christian values to a controversial mayor and a notorious prosecutor, who were recently involved with anti-gay policies.
Bulgarian Orthodox Church bishop Nikolay, who is known for his hardline stance on religion issues, has given the highest order of the Plovdiv Bishopric, "Holy Apostle Hermas", to the Mayor of the city of Pazarzhik Todor Popov and the Pazardzhik Prosecutor Stefan Yanev.
He praised them for their contribution to "standing up for Christian values, defending Orthodox Christian morality and spirituality, the sanctity of marriage, family, and statehood.... | Wales May Face Bulgaria with New Manager
John Toshack is willing to quit as Wales manager before the team next month's game against Bulgaria, BBC Sport reported.
The 61-year-old is thought to feel he has taken the side as far as he can after the 1-0 loss in Montenegro to open the 2012 Euro qualifying campaign.
Toshack, whose second period in charge of Wales began when he succeeded Mark Hughes in November 2004, has won 21 and lost 24 of his 53 games since then.
... | Greece's Bluehouse to Ink EUR 27 M Deal in Bulgaria
Greek investment fund Bluehouse Capital is to acquire four properties of Sofia-based ERG Capital 1 and ERG Capital 2 REITs in a EUR 27 M deal, according to media reports.
Bluehouse Capital has already signed preliminary contracts with the two companies, majority-owned by the Bulgarian-American Enterprise Fund (BAEF), Dnevnik daily reported, citing insiders to the negotiations.
The Bulgarian subsidiary of real estate consultants Colliers International has been picked as consultant on the deal.
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