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22 November 2014, Issue 4087
Bulgaria's Daily Newspaper since 2001
10584 subscribers of Novinite.com
|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
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
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
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.
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
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 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.
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
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
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
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.
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.
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
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
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
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
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
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'S PRO-WESTERN PARTIES SIGN COALITION AGREEMENT
The leaders of the five pro-Western parties in the Ukrainian Parliament have signed a coalition agreement.
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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