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SOFIA MORNING NEWS FOR 2014-08-28
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28 August 2014, Issue 4013
by Novinite.com
Bulgaria's Daily Newspaper since 2001
9941 subscribers of Novinite.com
145646 articles
590 interviews
9394 pictures
 
BUSINESS POLITICS WORLD SOCIETY SPORTS FORUM
 
NATO Plans New Eastern European Bases along Russia’s Borders


NATO chief has said the alliance plans to deploy its forces at new bases in eastern Europe in response to the crisis in Ukraine and to address a new Russian military approach. read
Bulgaria's Imports from Russia Down 23% in H1, 2014


In the first six months of 2014, Bulgaria's exports to Russia dropped by 2.1%, while Russian imports fell by 23%, according to data presented at a business forum. read
NEK Hikes Power Prices For Some Companies


Bulgaria's National Electricity Company (NEK) hikes the prices for companies who buy electricity from the end-user EDCs by 16%, according to an announcement on NEK's website.read
 
 
MORE TOP NEWS
Heineken Gets Almost Full Control Of Bulgaria's Zagorka

Europe to Rely Heavily on Russian Gas Until 2020 at Least, Fitch Says

Foreign Visitors To Bulgaria Increase In July

Bulgaria's Caretaker Govt Slashes BGN 500M Public Investment Program by BGN 150M

Davutoglu Elected Leader of Turkey's Ruling AK Party

Bulgaria OKs Disaster Risk Management Peer Reviews by EU Countries

Bulgarian Student Killed In Hit And Run In North Carolina

Bulgaria's Poet Valeri Petrov Dies

TIR Truck Driver Sentenced to Life Imprisonment in Iran Returned to Bulgaria

Asarel Investment Gets Metallic Mineral Prospecting Permit for Borimechkovo

VIEWS ON BG
Euromoney: Analysts Say KTB Woes to Hit Bulgaria Standing in Brussels


UPS & DOWNS
Sofia's Public Transport Company Gets New Busses

Sofia Zoo Closed
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TOP NEWS
BULGARIA DECIDES TO SET UP ENERGY BOARD

Bulgaria Decides to Set up Energy Board Bulgaria’s caretaker cabinet on Wednesday decided to set up Energy Board to step up reforms in the energy sector with the aim of 
boosting its transparency and market efficiency.

The new structure will be a standing consultative body with the government that will analyze the state of the energy sector in Bulgaria, identify the factors that prompt its instability, and determine the principles of its sustainable management, the cabinet said in a statement. read more


BUSINESS

BULGARIA'S IMPORTS FROM RUSSIA DOWN 23% IN H1, 2014

In the first six months of 2014, Bulgaria's exports to Russia dropped by 2.1%, while Russian imports fell by 23%, according to data presented at a business forum.

Speaking at a Bulgarian-Russian business forum held in the Black Sea resort of Albena, the Chair of the Bulgarian-Russian Chamber of Commerce and Industry, Zhelyu Dobrev, announced that trade between Bulgaria and Russia in 2013 had amounted to USD 7.340 B. read more


HEINEKEN GETS ALMOST FULL CONTROL OF BULGARIA'S ZAGORKA

The largest European brewer, Heinenekn, successfully completed negotiations for the acquisition of Coca-Cola HBC's share in Bulgaria's Zagorka brewery, said the Dutch company in a statement. 

Thus Heineken will hold 98.86% of Zagorka. The remaining 1.14% are held by private shareholders. 

Zagorka is among the leaders in Bulgaria's beer market. In 2013 Zagorka's brands held 29% of the market. 

Heineken refused to comment on the price of the deal, but, according to the Capital Daily business daily, the sale will be complete in Q4 of 2014. 

According to Zagorka's CEO Nikolai Mladenov, quoted in a press release, the Heineken investments in the brewery will continue. 

Currently it employs 510 people in Stara Zagora. In the past 20 years in the brewery were invested more than EUR 133 M. read more


ASAREL INVESTMENT GETS METALLIC MINERAL PROSPECTING PERMIT FOR BORIMECHKOVO

Bulgaria's caretaker government has approved the issuance of a metallic mineral prospecting permit at the Borimechkovo terrain.

The permit will be granted to Asarel-Exploration EAD, the investment arm of leading copper ore mining and processing company Asarel-Medet, for a period of three years, according to reports of money.bg. read more


FINANCE

BULGARIA'S CARETAKER GOVT SLASHES BGN 500M PUBLIC INVESTMENT PROGRAM BY BGN 150M

The budget of the government's public investment program "Growth and Sustainable Regional Development" will be downsized by BGN 150M from BGN 500M, according to caretaker Finance Minister Rumen Porozhanov.

Porozhanov, as cited by the Bulgarian National Radio, reminded Wednesday that a sum of BGN 500M had been earmarked in the 2014 state budget for projects of municipalities and ministries. read more


ENERGY

NEK HIKES POWER PRICES FOR SOME COMPANIES

Bulgaria's National Electricity Company (NEK) hikes the prices for companies who buy electricity from the end-user EDCs by 16%, according to an announcement on NEK's website

According to data of the energy watchdog DKEVR, the price hike will affect around one fifth of the companies in Bulgaria, including water utility companies, branches of the Railway Infrastructure National Company, Irrigation Systems, as well as schools, hospital and universities. 

The majority of them have outstanding electricity bills and cannot buy power from the free electricity market - i.e. not from the EDCs.

A calculation of the Club Z news website shows that since the beginning of this  year the electricity prices for those consumers have risen by 53%. read more


EUROPE TO RELY HEAVILY ON RUSSIAN GAS UNTIL 2020 AT LEAST, FITCH SAYS

Europe will remain heavily dependent on Russian gas supplies for at least the end of this decade and “potentially much longer”, Fitch Ratings has said.

The lack of major pipeline projects in Europe independent from Russia, the scarcity of available imports of liquefied natural gas and the weak prospects for of shale gas production in meaningful volumes in Europe over the next 10 years suggest that at best the European Union may be able to avoid significantly increasing its gas purchases from Russia, the global ratings agency said in a report. read more


TOURISM

FOREIGN VISITORS TO BULGARIA INCREASE IN JULY

Number of foreign visitors to Bulgaria grew by 4.9% in July 2014, year-on-year, according to data of the National Statistics Institute (NSI). 

The total number of foreigners was 1 792 500. Of them 61.6% were from other EU countries.

Most significant rise was posted by business trips – by 54% and for other reasons – by 27.5%. The number of visits for vacation, however, dropped by 11.9%. Still, vacation was the most frequent reason for a visit – 52.2%. 

Ninety percent by citizens of the Russian Federation came to Bulgaria on holiday. A little over 81% of the citizens of Macedonia came for the same reason, as well as 80.2% of the Ukrainians. 

Almost 82% of the Turkish citizens came to Bulgaria for “other reasons”. 

At the same time, Bulgarians' trips abroad in July 2014 rose by 1.8%, year-on-year. Most significant increase was posted by trips to the UK – by 67.7%, Germany – 36.9% and the Czech Republic – by 16.3%. 

Number of trips to Italy and France decreased by 24%, to Greece – by 14.9% and to Spain – by 10.5%.

In 47.3% of the cases the Bulgarians went abroad for “other reasons” - visiting friends, attending a cultural or sports event, education - followed by vacations – 32.4%. read more


DEFENSE

NATO PLANS NEW EASTERN EUROPEAN BASES ALONG RUSSIA’S BORDERS

NATO chief has said the alliance plans to deploy its forces at new bases in eastern Europe in response to the crisis in Ukraine and to address a new Russian military approach.

The Guardian quoted NATO Secretary General Anders Fogh Rasmussen as saying the alliance's summit in Wales next week would overcome divisions within the alliance and agree to new deployments on Russia’s borders. read more


BULGARIA IN EU

BULGARIA OKS DISASTER RISK MANAGEMENT PEER REVIEWS BY EU COUNTRIES

Bulgaria's caretaker government has decided to allow experts from the European Commission to examine its capacity to manage disaster risks.

The peer reviews may be conducted on the basis of a decision of the EU concerning the Union's Civil Protection Mechanism, which envisages the creation of a common framework for disaster risk prevention. read more


DOMESTIC

BULGARIA'S CARETAKER TRANSPORT MINISTER APPROVES 3 NEW APPOINTMENTS

Caretaker Transport Minister Nikolina Angelkova has made three replacements at the Executive Agency for Exploration and Maintenance of the Danube River (EAEMDR), the Bulgarian Ports Infrastructure Company and the State Enterprise "Air Traffic Services Authority" (BULATSA).

Zdravko Tsonev has been appointed Executive Director of the Executive Agency for Exploration and Maintenance of the Danube River (EAEMDR). read more


ARCHAEOLOGY

ARCHAEOLOGISTS UNCOVER “VAMPIRE” BURIAL IN PLOVDIV

Archaeologists uncovered a Christian necoropolis with 80 graves during a dig in downtown Plovdiv, reports Vesti.bg.

One of the skeletons had a brick in its jaws and a roof tile on its head. “This is a typical European practice between XV – XVII c. and was done to prevent the dead from turning into a vampire,” the leader of the archaeological team Elena Bozhinova said. 

All graves in the necropolis were dated in the same period. In many of them the experts found coins, jewels, buttons and other belongings of the deceased. 

“In one of the graves we found a purse with 30 silver coins”, Bozhinova said. read more


OBITUARIES

BULGARIA'S POET VALERI PETROV DIES

Bulgaria's poet, playwright, script writer and translator Valeri Petrov  passed away at the age of 94 in Sofia Military Hospital on Wednesday, reports the Bulgarian National Radio.

In the past few days he was in a coma the intensive care unit of the hospital, after suffering a massive stroke in the end of last week. read more


INCIDENTS

BULGARIAN STUDENT KILLED IN HIT AND RUN IN NORTH CAROLINA

A Bulgarian exchange student was killed in a hit and run accident in North Carolina, reports the local TV channel WTKR.

According to the police, Afen Zahariev, 21, was walking on Highway 12 near Corolla, when he was killed by a car. 

Officials believe this accident occurred at around on Monday night, but Zahariev's body was discovered by a newspaper delivery driver early on Tuesday morning.

On Tuesday morning, the driver who allegedly killed Zahariev, realized there was a hit and run in Corolla and turned himself in to authorities. He told them he fled the scene because he thought he hit a deer.

The driver has been identified as 37-year-old Peter Thomas Luke, Jr. and he is now in the Currituck County Jail.

He has been charged with felony hit and run and is under at USD 20 000 bond. read more


ANOTHER ANIMAL DIES IN SOFIA ZOO

A baby capricorn died in the Sofia zoo on Tuesday, reports the bTV national channel. 

This is the sixth death of a herbivorous animal in the zoo, since the end of last week. Over the weekend died a camel, a yak and three gaurs

As with the previous deaths, the cause is still not established and the autopsies have not revealed anything unusual. Blood samples have been taken and sent for testing.

Meanwhile, according to the Bulgarian Food Safety Agency, the most plausible cause of death is poisoning – either by fungus in the animal fodder or deliberate poisoning. 

The zoo director Ivan Ivanov told the media that the fodder has been replaced and the animals are given antibiotics and medications against poisoning, as a preventive measure. 

Since Monday the zoo is closed for visitors and won't be opened until further notice. 

According to Ivanov, there was nothing to worry about, but Sofia Mayor Yordanka Fandakova told bTV the condition of some of the herbivorous animals was a cause for serious concern. 

„I have ordered the zoo director to spare no effort and means to save all animals who can be saved,“ she said. read more


CRIME

TIR TRUCK DRIVER SENTENCED TO LIFE IMPRISONMENT IN IRAN RETURNED TO BULGARIA

Zhivko Rusev, a Bulgarian national sentenced to life imprisonment in Iran for drug trafficking, has been returned to Bulgaria.

Zhivko Stefanov Rusev, who had been serving a life imprisonment sentence in the Evin Prison in Teheran, was transferred from Iran to Bulgaria on the night of August 26, according to reports of Sega daily. read more


BULGARIA BUSTS INT'L ANTIQUITIES TRAFFICKING RING

The State Agency for National Security (DANS) has intercepted an international antiquities trafficking ring from Bulgaria to countries in Western Europe, US and Russia.

The special operation was conducted on August 21 under the supervision of the prosecuting authority, according to the press office of DANS. read more


VIEWS ON BG

EUROMONEY: ANALYSTS SAY KTB WOES TO HIT BULGARIA STANDING IN BRUSSELS

Click here to read the story:
www.novinite.com/view_news.php?id=162946


SMILES

LITTLE GREEN MEN

Two women talk:

- Does your husband drink too much? read more


WORLD

POROSHENKO-PUTIN TALKS FAIL TO YIELD CEASEFIRE DEAL FOR EAST UKRAINE

A meeting between the presidents of Ukraine and Russia has failed to yield an agreement to stop the fighting in eastern Ukraine.

Talks between Ukraine's President Petro Poroshenko and his Russian counterpart  Vladimir Putin in Belarus’ capital of Minsk on Tuesday included a one-to-one session that stretched late into the night. read more


DAVUTOGLU ELECTED LEADER OF TURKEY'S RULING AK PARTY

Ahmet Davutoglu was elected Chairman of Turkey's ruling Justice and Development Party (AK Party) on Wednesday

Outgoing Foreign Minister Davutoglu, who was the only candidate to replace President-elect Recep Tayyip Erdogan, was elected with the votes of 1382 delegates at an AKP congress in Ankara, the remaining six votes being invalid, according to reports of Today's Zaman. read more



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