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26 April 2012, Issue 3373
by Novinite.com
Bulgaria's Daily Newspaper since 2001
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10157 subscribers of Novinite.com
121686 articles
590 interviews
7298 pictures
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| BUSINESS POLITICS WORLD SOCIETY SPORTS FORUM |
Borisov, Van Rompuy Inaugurate New Section of Sofia Metro's Line 1
 Bulgaria's PM Boyko Borisov and EU Council President Herman Van Rompuy have inaugurated the new section of the Sofia Metro, which was massively funded with EU money. read |
China 'Interested' in Concession of Bulgarian Black Sea Port Varna
 Chinese investors are interested in the concession of Bulgaria's largest Black Sea port, Port Varna, announced China's Ambassador to Bulgaria, H.read |
Regional DEA Office in Bulgaria Boast 1st Successful Cooperation
 Officers of the Chief Directorate for Combating Organized Crime (GDBOP) have busted an international drug trafficking ring. read |
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BULGARIA CHARGES 2 EX TOP OFFICIALS OVER BELENE NUCLEAR PLANT PROJECT
The Sofia City Prosecutor's Office has started a procedure against two former CEOs of the Bulgarian National Electric Company NEK over the controversial project for a second Bulgarian nuclear power plant in Belene. The two former CEOs of NEK Lyubomir Velkov and Mardik Papazyan are to be charged for incurring losses worth EUR 200 M under the contract for the construction of the Belene NPP between NEK and the Russian state company Atomstroyexport. read more 
LOOMING RECESSION TO FUEL FURTHER BULGARIA'S JOBLESS RATE Bulgaria's jobless rate in will continue to increase in 2012 as the economy hovers on the brink of its second recession in three years in the wake of the slump in the euro zone, analysts have warned. The unemployment rate stood at 11.5% last month with the total number of people who are unemployed towering to 376 171, up by 10,000 over the previous month, data of the Employment Agency shows. read more BORISOV, VAN ROMPUY INAUGURATE NEW SECTION OF SOFIA METRO'S LINE 1 Bulgaria's PM Boyko Borisov and EU Council President Herman Van Rompuy have inaugurated the new section of the Sofia Metro, which was massively funded with EU money. Together with Bulgarian Transport Minister Ivaylo Moskovski, EU Funds Minister Tomislav Donchev, and Sofia Mayor Yordanka Fandakova, Borisov and and Van Rompuy opened the 2.4 km section of the first line of the Sofia Metro. read more CHINA 'INTERESTED' IN CONCESSION OF BULGARIAN BLACK SEA PORT VARNA Chinese investors are interested in the concession of Bulgaria's largest Black Sea port, Port Varna, announced China's Ambassador to Bulgaria, H.E. Guo Yezhou. Ambassador Guo was in Varna Wednesday, where he announced that Chinese companies could participate in the concession of Port Varna, after meeting with Varna Mayor Kiril Yordanov. read more BULGARIA BANK SYSTEM BAD LOANS HIT RECORD HIGH Bulgarian bad and restructured loans rose to the record high 23,35% of total lending at the end of March, amounting to BGN 9.7 B, shows central bank data, leaked to the media. The bad and restructured loans increased by 4.25% on a monthly and 27.3% on an annual basis. In absolute terms the monthly increase is BGN 394 M, the second largest since April 2010 when it was BGN 424 M. read more BULGARIA TO BOOST ENERGY EFFICIENCY OF SMES WITH EU MONEY A total of EUR 150 M has been provided under the Competitiveness Operational Program for boosting the energy efficiency of micro, small and medium-sized enterprises, according to Economy and Energy Minister Delyan Dobrev. Speaking at the Green Energy Forum, Dobrev presented Wednesday the scheme under the Competitiveness OP, stressing that the project was entirely new for Bulgaria. read more BULGARIA TO BOOST ENERGY EFFICIENCY OF PUBLIC TRANSPORT A program called "Energy Efficiency and Green Economy" that was presented Wednesday at the Ministry of Transport envisages increasing the number of trolleybuses in big cities and introducing hybrid buses and 100% electric buses. Transport Minister Ivaylo Moskovski expressed the state's support for other initiatives like boosting the energy efficiency of public transport by improving the vehicle fleet, by using cleaner vehicles, including "green" electric taxis, and by more eco-driving. read more 
ZULU KING CANCELS BULGARIAN VISIT Zulu King, His Majesty Goodwill Zwelithini, has cancelled his planned visit to Bulgaria, the South African Embassy in Sofia has announced. King Goodwill Zwelithini was planned to be coming to Bulgaria to officiate at the week of South African Culture – May 7-11, 2012, with Bulgaria's Culture Minister Vezhdi Rashidov having agreed to host the Zulu King, and having announced his visit last month. read more EC PROBES MOTIVES FOR RETAINED LABOR RESTRICTIONS FOR BULGARIANS, ROMANIANS Countries that refused to open up their labor markets to Bulgarian and Romanian nationals in 2012 will have to submit their motives with the European Commission by end-May. Nine EU countries decided to take advantage of the maximum period (December 31, 2013) to keep labor market restrictions for citizens of the EU's two newest members, citing the crisis as a motive. read more PARTY OF BULGARIA'S EX PM KOSTOV HIT BY WAVE OF DEFECTORS The right-wing party of former Prime Minister Ivan Kostov has seen another batch of members quit. Seventeen members and heads of the regional leadership of "Democrats for Strong Bulgaria" units in Sofia announced they are leaving the party, citing disagreements with its leaders. read more BULGARIA UPS HIGHWAY SPEED LIMIT IN CONTROVERSIAL MOVE Bulgaria's MPs have approved at first reading proposed legislative amendments that allow the country's highway speed limit to grow from 130 km/h to 140 km/h (87 mph). "We want to increase the speed limit because of the new highways under construction and the new, high quality roads. The existing restrictions will remain in the risky road sections," explained Regional Development Minister Liliana Pavlova. read more POLICE: FAKE TOLL STICKERS FLOOD BULGARIA Drivers in Bulgaria should beware of sellers of fake toll stickers – the so-called vignettes – which are flooding the market and boast high quality, police has warned. Officials have explained that it is only after a careful examination of the details and parameters of the sticker's protection that one can tell a fake one. read more BULGARIAN AUTHORITIES SEIZE 6.2 KM OF ILLEGAL FISHING NETS IN 3 DAYS Four kilometers of poachers' nets have been seized during an inspection of Lake Vaya near the Black Sea city Burgas, according to Yancho Yanchev, head of the local office of the Executive Agency for Fisheries and Aquaculture (EAFA). The fish caught in the illegal nets has been returned to the lake and the authorities have issued a statement of offence against and unknown offender. read more REGIONAL DEA OFFICE IN BULGARIA BOAST 1ST SUCCESSFUL COOPERATION Officers of the Chief Directorate for Combating Organized Crime (GDBOP) have busted an international drug trafficking ring. The joint operation conducted by officers of the local GDBOP unit and police officers from the southern Bulgarian city of Plovdiv resulted in the arrest of eight suspected of trafficking heroin and synthetic drugs on the route Turkey-Bulgaria-Kosovo-Italy-Switzerland. read more SPAIN BUSTS IRAN-UK PEOPLE-SMUGGLING GANG, NABS BULGARIANS Spanish police have arrested 22 people, including Bulgarians, who were allegedly part of a ring that smuggled people from Iran to Britain, often via Spain's Canary Islands. Once in the Canaries, usually the islands of Tenerife or Fuerteventura, they would fly to Britain, police said, as cited by BBC. read more CHINESE CARMAKERS EYE EUROPEAN MARKETS Click here to read the story: www.novinite.com/view_news.php?id=138794 ROMNEY SWEEPS CONNECTICUT, RHODE ISLAND, DELAWARE, PENNSYLVANIA The frontrunner in the race for the Republican Party nomination for the US Presidency, Mitt Romney, has scored four wins in the Republican primaries. Mitt Romney prepared to lay claim to the Republican presidential nomination Thursday night after early results declared him the winner of primaries in Connecticut and Rhode Island, the WP reported. read more EU, BELARUS DIPLOMATIC CRISIS SUBSIDES, AMBASSADORS RETURN TO MINSK The Swedish Ambassador to Belarus, Stefan Ericsson, has returned to Minsk after being withdrawn in February along with other EU ambassadors, an embassy spokesman said. The diplomatic exodus of the EU Ambassadors from Minsk in February was the culmination of strained relations following the arrest of Belarusians protesting the results of presidential elections in December and the EU's subsequent imposition of sanctions on Belarus. read more SYRIAN OPPOSITION HAILS UN MISSION FOR 'PEACEFUL REVOLUTION' The Syrian opposition welcomes the UN observer mission as a guarantee of further peaceful revolution – the key to resolving the year-long political crisis, the leader of a major Syrian opposition group said on Wednesday. Burhan Ghalioun, the chairman of the Transitional National Council, also said the opposition hoped the ceasefire plan of UN envoy Kofi Annan would provide more extensive international support for the revolution in Syria. read more UKRAINE OFFENDED BY DUTCH AD ABOUT 'PROMISCUOUS' UKRAINIAN WOMEN A commercial, which warned Dutch women against letting their husbands and boyfriends travel to Ukraine for Euro 2012, has outraged the Ukrainian Foreign Ministry. The "Keep Him Home" ad began airing on national television in the Netherlands in anticipation of this summer's European football championships. read more UK SLIPS BACK INTO RECESSION The UK economy has returned to recession after latest figures showed economy shrank by 0.2% in first three months of 2012. A sharp fall in construction output was behind the surprise contraction, the Office for National Statistics said. read more BRAZILIAN ACTOR DIES IN 'PASSION OF CHRIST' HANGING A Brazilian actor died after accidentally hanging himself during the play "The Passion of the Christ," CNN reported, citing local hospital officials. Tiago Klimeck, 27, was one of the actors from a local theater company taking part in an independent production of the play April 6 in the city of Itarare. read more |
