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SOFIA MORNING NEWS FOR 2014-11-22
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22 November 2014, Issue 4087
by Novinite.com
Bulgaria's Daily Newspaper since 2001
10584 subscribers of Novinite.com
147609 articles
590 interviews
9627 pictures
 
BUSINESS POLITICS WORLD SOCIETY SPORTS FORUM
 
Bulgaria PM to Seek Unfreezing of EU Funds in Brussels Next Week


Issues can be found with nearly all projects conducted under Operational Program Transport, Bulgaria's Prime Minister Boyko Borisov said on Friday.read
Bulgaria Plans to Reintroduce 10% Bank Deposit Interest Tax


Bulgaria plans to increase tax on interest earned on bank deposits to 10% from next year, restoring the levy to its initial level, the head of budget commitee in Parliament Menda Stoyanova has said. read
Bulgaria to Seek Long-Term Loan for 240-km Section of Hemus Motorway


Bulgaria will seek a long-term loan from international banks for the construction of a 240-km section of the Hemus motorway, according to Regional Development Minister Lilyana Pavlova. read
 
 
NOVINITE INSIDER
Chair of Bulgarian Industrial Assoc. Urges Swift Reforms in Administration, Pension System

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MORE TOP NEWS
President Plevneliev Invites Polish Businesses to Invest in Bulgaria

Bulgaria’s Advance Properties Acquires 100% Stake in Pharmaceutical Co Huvepharma

Bulgaria C-Bank Governor 'Likely to Resign end-November'

Bulgaria's Minimum Wage Remains BGN 340 Next Year

Sofia Patient Uninfected with Ebola, Tests Show

Sofia Patient with 'Ebola' Symptoms Infected with Malaria

86% Of Bulgaria's University Students Ready To Relocate

Serbia Strikes USD 1.2 B Loan Deal With IMF

Foreign Ministers of Serbia, Hungary Cite South Stream as Project of Mutual Interest

Obama Congratulates Borisov on Re-election as PM


UPS & DOWNS
Veliko Tarnovo Hoteliers Are Most Hospitable In Bulgaria

Bulgaria's Grape Harvest In Bad Shape
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TOP NEWS
EUROPEAN COMMISSION OKS 39 NEW OPERATIONAL PROGRAMS, NONE OF THEM BULGARIAN

The European Commission (EC) has approved 39 operational programs for the 2014-2020 programming period but none of them is Bulgarian.

According to information published on the website of the EC, around 535 operational programs in total are expected for the “European Structural and Investment Funds” (ESIF). read more


BUSINESS

BULGARIA’S ADVANCE PROPERTIES ACQUIRES 100% STAKE IN PHARMACEUTICAL CO HUVEPHARMA

Rohatyn Group (“TRG”) has sold a 36.6% stake in pharmaceuticals company Huvepharma AD to Advance Properties OOD.

The deal was finalized on Wednesday with the signing of the contract by Kiril Domuschiev, President of Huvepharma AD, and Sobhi Hatem, Managing Director of TRG, according to Standard daily. read more


PRESIDENT PLEVNELIEV INVITES POLISH BUSINESSES TO INVEST IN BULGARIA

Potential Polish investors can find attrractive investment opportinities in Bulgaria's hi-tech industry, car making, energy, agriculture, food production and tourism, Bulgaria's President Rosen Plevneliev has said.

Bulgaria is reestablishing its traditions in the information and communications technologies (ICT), having created 35,000 new jobs in the sector only in the past 10 years, Plevneliev said during a presentation of investment opportunities and economic potential of Bulgaria held at the Warsaw Stock Exchange, part of his official visit to Poland earlier this week. read more


FINANCE

BULGARIA PLANS TO REINTRODUCE 10% BANK DEPOSIT INTEREST TAX

Bulgaria plans to increase tax on interest earned on bank deposits to 10% from next year, restoring the levy to its initial level, the head of budget commitee in Parliament Menda Stoyanova has said.

In an interview with Trud daily Stoyanova said on Friday the current minority coalition government of cenytre-right GERB and right-wing Reformist Bloc would propose to Parliament to scrap the planned gradual reduction of the tax on interest on bank deposits and reintroduce it at 10%. read more


BULGARIA C-BANK GOVERNOR 'LIKELY TO RESIGN END-NOVEMBER'

Bulgarian National Bank (BNB) governor Ivan Iskrov is likely to step down by the end of November, sources in Parliament say.

The arrangement has been made after consultations Iskrov held with Prime Minister Boyko Borisov and the parliamentary groups of parties in the ruling axis, the website Mediapool.bg reports citing the sources.

Bulgaria's currently governing minority cabinet supported by the nationalists from the Patriotic Front (PF) has maintained for weeks Iskrov had to resign, even though the Bulgarian legislation does not provide for any action against the BNB governor unless he willfully deposits his resignation.

Many politicians claim he is to be held accountable for the developments at Corporate Commercial Bank (KTB), which the BNB stripped of license after having imposed a special supervision on it for the previous four months. Iskrov is often blamed for his inadequate approach to the KTB crisis.

At the same time he demanded during the consultations to be appointed representative of Bulgaria at the
Thessaloniki-based Black Sea Trade and Development Bank (BSTDB), according to Mediapool's sources.

Bulgaria is currently represented at the bank by Nina Stavreva, who has given the post by the previous elected government.

The BSTDB was set up in the 1990s by eleven countries, seven of which have a Black Sea coast (Bulgaria, Georgia Moldova, Romania, Russia, Turkey and Ukraine). Albania, Armenia, Azerbaijan, Greece are also partners. Its first operations were in 1999.

Its main goal is to promote economic development and regional cooperation.

So far it is not clear who could take over the BNB, but the above-cited information suggests Parliament groups have united around the appointment of former Finance Minister (1997) and BNB Governor (1997-2003) Svetoslav Gavriyski.

Friday's reports come after Iskrov met Prime Minister Borisov at the government headquarters earlier this week, with none of them disclosing details. read more


ENERGY

FOREIGN MINISTERS OF SERBIA, HUNGARY CITE SOUTH STREAM AS PROJECT OF MUTUAL INTEREST

Serbian Foreign Minister Ivica Dacic and his Hungarian counterpart Peter Szijjarto have agreed that the South Stream gas pipeline is a project of mutual interest for the two countries.

Speaking after Friday’s meeting with his Serbian counterpart, Szijjarto called on Russia and the European Union to resume a dialogue on the South Stream project aimed at ensuring that the investment was compatible with EU rules. read more


DIPLOMACY

OBAMA CONGRATULATES BORISOV ON RE-ELECTION AS PM

In a letter addressed to Boyko Borisov, US President Barack Obama congratulated him on being re-elected for his second term as Prime Minister of Bulgaria.

Obama said he was looking forward to continuing his work with Borisov and to deepening the bilateral relationship between Bulgaria and the US, according to the press office of the Bulgarian government. read more


BULGARIA IN EU

BULGARIA TO SEEK LONG-TERM LOAN FOR 240-KM SECTION OF HEMUS MOTORWAY

Bulgaria will seek a long-term loan from international banks for the construction of a 240-km section of the Hemus motorway, according to Regional Development Minister Lilyana Pavlova.

In a Friday interview for the morning broadcast of bTV, she noted that Bulgaria would most probably hold talks with representatives of the European Investment Bank and the World Bank for a loan of around BGN 0.5 B which would be repaid in 17 years so as to avoid placing too great a burden on the state budget. read more


BULGARIA PM TO SEEK UNFREEZING OF EU FUNDS IN BRUSSELS NEXT WEEK

Issues can be found with nearly all projects conducted under Operational Program Transport, Bulgaria's Prime Minister Boyko Borisov said on Friday.

Borisov warned he was "not optimistic" about the developments with frozen EU funding, but added he would be able to give more information after a visit to Brussels he is planning for next week.

He also said the ministers who earlier this week discussed the prospective unfreezing of millions-worth in EU funding had not succeeded to talk Commission representatives into unblocking the money.

While inspecting the construction of Sofia's red line a the Alexander Malinov station (where works are currently under way), Borisov told reporters all projects were suffering delays, except for the metro which could see additional grants under OP Transport in April 2015.

In Borisov's words, both extensions of the red line (the one to Mladost 4 district, leading to Business Park Sofia, and the one to Sofia Airport) are to be ready by that time.

Officials had previously announced the Sofia Airport station would be ready in April. read more


DOMESTIC

BULGARIA'S MINIMUM WAGE REMAINS BGN 340 NEXT YEAR

The minimum monthly wage in Bulgaria will remain BGN 340 next year, the head of the interim parliamentary committee on budget and finance Menda Stoyanova told journalists.

“I don't see proposals for raising the sum and all calculations are based on the current one,” she said, adding that the administrative assignment of the minimum wage was, in her opinion, was a wrong policy and interference with the business. read more


SOCIETY

BULGARIA READY TO SUPPORT INTERNATIONAL CRIMINAL COURT – CHIEF PROSECUTOR

Chief Prosecutor Sotir Tsatsarov has met with a delegation of the International Criminal Court (ICC) which has arrived in Bulgaria at his invitation.

On Friday, the President of the International Criminal Court Song Sang-Hyun, the Chief Prosecutor of the International Criminal Court Fatou Bensouda, and the Bulgarian representative at the International Criminal Court Ekaterina Trendafilova, met with Tsatsarov and his deputies at the Sofia Court House. read more


86% OF BULGARIA'S UNIVERSITY STUDENTS READY TO RELOCATE

Eighty-six percent of Bulgaria's university students are considering relocation to another country or city, shows a survey of the Bulgarian Industrial Association among students and employers.

At the same time, only 10% of the students have a clear knowledge on what are the requirements of their future job. read more


BAS TO INVESTIGATE UFO CLAIMS

The Bulgarian Academy of Sciences (BAS) Institute for Space Studies recently held its first official conference on the existence of UFOs and extraterrestrial intelligence, Prof. Lachezar Filipov told the Nova TV breakfast show.

“Until now this topic was sort of banned among the scientists,” he said. “But the growing public interest, not only in Bulgaria, but abroad, made BAS believe that we must respond to such phenomena.” read more


CULTURE

SIXTH EDITION OF 'NORTHERN LIGHTS' FESTIVAL FOR NORDIC CINEMA

The sixth edition of the “Northern Lights” festival for Nordic cinema will take place in Sofia's Cinema House (Dom na kinoto), Euro Cinema, Odeon and G8 cultural centre December 3 – 11.

The festival will open with Jan Troell's “The Last Sentence” in the Cinema House, which won awards at the Montreal and Chicago film festivals. read more


SOFIA LITERARY FESTIVAL FOCUSES ON NORDIC LITERATURE

This year's edition of the Sofia International Literary Festival will focus on the modern Nordic literature.

The event, taking place between November 25 and December 14, will include presentations of notable Nordic authors and critics, such as Henning Werp, Sofi Oksanen, Kurt Aust, Thomas Enger, Thorstein Thomsen, etc. read more


14-TH BANSKO FILM FEST STARTS ON NOVEMBER 25

The 14-th edition of the Bansko Film Fest starts on November 25 in Bansko's community centre “Nikola Vaptsarov”.

The festival will offer 120 films – feature films and documentaries - for extreme sports and adventures from around the world, as well as presentations, exhibitions, sports demonstrations and a children's programme. read more


HEALTH

SOFIA PATIENT UNINFECTED WITH EBOLA, TESTS SHOW

A patient hospitalised in Sofia with symptoms similar to those of Ebola hasn't been infected with the deadly virus, BNT TV station reported on Friday.

The patient, who had recently returned from Sierra Leone, was hospitalised with high body temperature and fever in Sofia's Military Hospital on Thursday.  read more


SOFIA PATIENT WITH 'EBOLA' SYMPTOMS INFECTED WITH MALARIA

The 57-year-old patient hospitalized with symptoms resembling those of Ebola on Thursday evening has falciparum malaria, medical officials say.

His diagnosis was announced by doctors at the Military Hospital, cited by private national broadcaster bTV, after results of his blood test had been ready.

On Friday morning partial results of laboratory analyses showed the deadly virus was not present in the man's body, but it did not become immediately clear what the reason for his symptoms had been.

The man had recently returned from Sierra Leone and had gone to the hospital at his own decision due to high body temperature and fever.

Though the symptoms are associated with Ebola, doctors warned Thursday afternoon they could be typical for a number of diseases.

read more


BULGARIA HEALTH MINISTER URGES INCREASED AWARENESS OF EBOLA RISK

Bulgarian authorities have reacted in an adequate and timely manner in the case of a patient with suspected Ebola-like symptoms but improvements are needed to ensure increased public awaraness of the threat, Health Minister Petar Moskov said on Friday.

While confirming that a patient hospitalised on Thursday in Sofia with symptoms similar to those of Ebola hasn't been infected with the deadly virus, Moskov said it is of great public interest to have information about people arriving in Bulgaria from countries with high epidemiologic risk. read more


SPORTS

SCHUMACHER PARALYSED - WITH SPEECH, MEMORY PROBLEMS

The seven-time Formula 1 world champion Michael Schumacher is paralysed and can communicate only by blinking, former Formula 1 driver and close friend Philippe Streiff told a French radio.

According to Streiff, Schumacher is in a wheelchair and has memory and speech problems, due to the severe brain injuries, sustained during last year's ski accident. read more


WORLD

JAPANESE PM DISSOLVES PARLIAMENT AHEAD OF EARLY ELECTIONS

Prime Minister of Japan Shinzo Abe dissolved parliament on November 21, making the way for an early election in mid-December.

Abe has taken this controversial step to seek a new mandate for the government's economic reforms, reports the BBC. read more


SHOOTER WOUNDS THREE AT FLORIDA STATE UNIVERSITY

A Florida State University graduate opened fire at the crowded library of the university, wounding three people on Thursday, CNN reported.

The gunman was shot dead by police. One of the wounded, a student, was in critical condition. The other two of the wounded are a student and an employee. read more


EU

GERMANS DIVIDED OVER SANCTIONS ON RUSSIA - ARD SURVEY

Twenty-seven percent of Germans believe the current sanctions against Russia imposed by the EU and the US should be scrapped, a new survey has shown.

According to the survey, 19% of those polled think that tne current scope of sanctions should be expanded, while 43% consider the sanctions adequate. read more


SOUTHEAST EUROPE

SERBIA STRIKES USD 1.2 B LOAN DEAL WITH IMF

Serbia has reached an agreement with the International Monetary Fund (IMF) on a 36-month USD 1.2 B precautionary standby arrangement. 

Under the agreement the Serbian government is committing to cut budget deficit to 4.2% of GDP from from 8% by 2016 by slashing wages in the public sector and trimming subsidies to loss-making state companies. read more


RUSSIA

PUTIN SAYS RUSSIA SHOULD PREVENT 'COLOUR REVOLUTIONS'

Russian President Vladimir Putin said on Thursday that Moscow should prevent the occurrence of a colour revolution and combat extremism in Russia.

Putin made the remark at a meeting of the Security Council of the Russian Federation, where a strategy on countering extremism was approved. read more


UKRAINE

UKRAINE'S PRO-WESTERN PARTIES SIGN COALITION AGREEMENT

The leaders of the five pro-Western parties in the Ukrainian Parliament have signed a coalition agreement.

The new coalition formed after the October 26 elections unites 300 out of 450 members of parliament, making it possible to pass amendments to the constitution. read more


OPINIONS

CHAIR OF BULGARIAN INDUSTRIAL ASSOC. URGES SWIFT REFORMS IN ADMINISTRATION, PENSION SYSTEM

Bozhidar Danev, Chair of the Bulgarian Industrial Association (BIA), has recommended swift reforms in the sphere of administration and the pension system.

In an interview for Bulgaria On Air TV, Danev suggested that the only efficient solution in a situation of decreasing budget revenues was to cut expenses. read more



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