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28 August 2014, Issue 4013
Bulgaria's Daily Newspaper since 2001
9941 subscribers of Novinite.com
|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
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
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
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.
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
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
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.
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
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).
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
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 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
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
ARCHAEOLOGISTS UNCOVER “VAMPIRE” BURIAL IN PLOVDIV
Archaeologists uncovered a Christian necoropolis with 80 graves during a dig in downtown Plovdiv, reports Vesti.bg.
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
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.
ANOTHER ANIMAL DIES IN SOFIA ZOO
A baby capricorn died in the Sofia zoo on Tuesday, reports the bTV national channel.
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
EUROMONEY: ANALYSTS SAY KTB WOES TO HIT BULGARIA STANDING IN BRUSSELS
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LITTLE GREEN MEN
Two women talk:
- Does your husband drink too much? read more
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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