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1 July 2015, Issue 4271
by Novinite.com
Bulgaria's Daily Newspaper since 2001
9667 subscribers of Novinite.com
152207 articles
590 interviews
10048 pictures
 
BUSINESS POLITICS WORLD SOCIETY SPORTS FORUM
 
Eurogroup Rejects Greek Request for Extension of Bailout


The Eurogroup rejected on Tuesday the request of the Greek government to extend the bailout programme of the country. read
Greece 'to Make New Proposal Wednesday'


Greece will table a new proposal about its debt on Wednesday, German daily FAZ quotes Eurogroup Jeroen Dijsselbloem as saying. read
Bulgaria to Contribute EUR 100 M to Juncker Investment Plan


Bulgaria will contribute EUR 100 M towards projects financed by the European Fund for Strategic Investment (EFSI), the Finance Ministry in Sofia has said. read
 
 
MORE TOP NEWS
EU Reaches Preliminary Deal to Scrap Mobile Roaming Fees by mid-2017

EU Commission President Thanks for Bulgarian Contribution to Investment Plan

Bulgarian Energy Commission Postpones Price Increase Decision

Bulgaria’s R&D Spending Up but Still Way Below EU Average

More than Hundred Feared Dead After Military Plane Crashes in Indonesia

EU May Unemployment Rate Falls to 9.6%

Varoufakis Confirms Greece Unable to Make IMF Debt Payment

Tsipras Ready to Submit Resignation Following Greek Referendum Results

Greek Government Submits New Proposal to Creditors in Attempt to Avert Default

World Bank: Bulgaria Needs to Increase Productivity to Battle Demographic Crisis

VIEWS ON BG
World Bank: Bulgaria Needs to Increase Productivity to Battle Demographic Crisis


UPS & DOWNS
Bulgaria Wins 'Most Impressive Borrower in CEE' Award

Russia Claims Bulgaria Is Seeking to Partition Macedonia
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TOP NEWS
EUROGROUP REJECTS GREEK REQUEST FOR EXTENSION OF BAILOUT

The Eurogroup rejected on Tuesday the request of the Greek government to extend the bailout programme of the country.

This became clear after the end of the extraordinary teleconference of the eurozone finance ministers. read more


BUSINESS

BULGARIA’S R&D SPENDING UP BUT STILL WAY BELOW EU AVERAGE

In 2014 Bulgaria’s spending on research and development stood at BGN 206.6 M, up by 3.1% from 2013, according to the National Statistical Institute (NSI).

The increase in absolute terms in R&D expenditure on an annual basis did not affect its relative share of the GDP. read more


3 BULGARIAN TRANSPORT INFRASTRUCTURE PROJECTS TO GET FUNDING UNDER CONNECTING EUROPE FACILITY

Three Bulgarian projects aimed at improving transport infrastructure have so far been granted funding by the European Commission under the new the Connecting Europe Facility (CEF).

The EC has granted funding of over EUR 13 B under the CEF to finance 276 projects in 28 Member States, including 3 projects in Bulgaria. read more


ENERGY

BULGARIAN ENERGY COMMISSION POSTPONES PRICE INCREASE DECISION

The Еnergy and Water Regulatory Commission held a closed sitting Monday and took the decision of extending the term at which electricity prices would remain intact.

They will mark an slight increase, however, starting August. The law amendment concerning energy distribution in Bulgaria has been voted late last week. read more


BULGARIA IN EU

BULGARIA TO CONTRIBUTE EUR 100 M TO JUNCKER INVESTMENT PLAN

Bulgaria will contribute EUR 100 M towards projects financed by the European Fund for Strategic Investment (EFSI), the Finance Ministry in Sofia has said.

The contribution will be made through co-financing of projects approved by state-owned Bulgarian Development Bank, the Finance Ministry said in a statement on Monday. read more


EU REACHES PRELIMINARY DEAL TO SCRAP MOBILE ROAMING FEES BY MID-2017

Following 12 hours of talks, the Latvian Presidency of the Council of the European Union reached a provisional deal with the European Parliament on net neutrality rules envisaging the abolition of mobile phone roaming fees as of June 2017.

Under the agreement reached in the early hours of June 30, 2015, roaming surcharges in the European Union will be abolished as of June 15, 2017. read more


EU COMMISSION PRESIDENT THANKS FOR BULGARIAN CONTRIBUTION TO INVESTMENT PLAN

European Commission President Jean-Claude Juncker expressed his gratitude to Bulgaria and its Prime Minister Boyko Borisov for the country’s announced contribution to the Investment Plan.

Earlier on Tuesday, it was announced that Bulgaria will contribute EUR 100 M towards projects financed by the European Fund for Strategic Investments (EFSI). read more


BULGARIA’S AGRICULTURE FUND PAYS BGN 703 000 TO FARMERS AFFECTED BY RUSSIAN EMBARGO

Bulgaria’s State Fund Agriculture (SFA) has paid nearly BGN 703 000 to a total of 66 farmers affected by the Russian import ban on certain agricultural and food products.

The funding is provided entirely by the European Agricultural Guarantee Fund (EAGF) and is paid under the two extraordinary schemes introduced by the European Commission at the end of 2014 to permanently restore the balance on the market in fruit and vegetables in the EU. read more


BULGARIA RANKED AT BOTTOM OF MIGRANT INTEGRATION INDEX

Bulgaria is ranked at the bottom of the ranking on policies of migrant integration, taking the 31st spot out of all 38.

The information has been reported through a study using the Migrant International Policy Index (MIPX). The indicator is calculated after comparing integration policies implemented across the EU, Australia, Canada, Iceland, Japan, New Zealand, Norway, South Korea, Switzerland, Turkey and the US. read more


SPORTS

BULGARIA’S GRIGOR DIMITROV STARTS WIMBLEDON WITH CONVINCING WIN AGAINST DELBONIS

Bulgaria’s best tennis player Grigor Dimitrov started his participation in this year’s Wimbledon Tennis Tournament. The ranked number 11 in the competition Dimitrov scored a win against Federico Delbonis and qualified for the second round.

The 24 year old player from Haskovo demonstrated a stable serve right from the start and domineered for the most part of the game. Dimitrov did have a number of unforced errors on court, but so did his Argentianian counterpart. read more


DRAW CONFIRMS EXCLUSION OF CSKA, LOKOMOTIV SOFIA FROM BULGARIA'S A GROUP

The draw for the next season in Bulgaria's top professional football division – the A Group confirmed the exclusion of CSKA and Lokomotiv Sofia due to the two clubs' revoked licences.

The licences of the two clubs were revoked due to the teams being unable to make repayment of their outstanding debts. read more


CRIME

BULGARIA SEIZES 5.6 KG HEROIN AT BORDER WITH TURKEY

Bulgarian customs officials have seized 5.6 kilograms of heroin at Kapitan Andreevo checkpoint at the border with Turkey, the National Customs Agency said on Tuesday.

The narcotic was discovered in a German-registered Mercedes passenger car crossing Bulgaria en route from Turkey to Germany. Following an X-ray inspection of the vehicle, the customs officers discovered the heroin stashed in four metal canisters hidden in the fuel tank of the car.   read more


BULGARIANS ARRESTED IN UK OVER DRUG TRAFFICKING

UK Border Force staff has arrested two Bulgarians at the Port of Dover over attempting to smuggle a shipment of heroin worth GBP 7 M.

The drugs had been hidden in a truck which had arrived from Bulgaria on Friday morning, according to the online version of the Dover Express newspaper. read more


VIEWS ON BG

WORLD BANK: BULGARIA NEEDS TO INCREASE PRODUCTIVITY TO BATTLE DEMOGRAPHIC CRISIS

Click here to read the story:
www.novinite.com/view_news.php?id=169549


WORLD

MORE THAN HUNDRED FEARED DEAD AFTER MILITARY PLANE CRASHES IN INDONESIA

More than a hundred people are feared dead after a military transport plane crashed in the Indonesian city of Medan on Tuesday.

The Hercules C-130 plane crashed into a residential area of the city, hitting two houses and a hotel before bursting into flames, the BBC reports. read more


NO BULGARIAN TROOPS INJURED IN TALIBAN SUICIDE BOMBING IN KABUL

At least six people were killed and 19 were injured when a suicide car bomber targeted a NATO troop convoy in Afghanistan’s capital, Kabul, on Tuesday, the BBC reported.

The Defence Ministry in Sofia said that no Bulgarian troops had been injured in the attack. read more


EU

EU MAY UNEMPLOYMENT RATE FALLS TO 9.6%

The seasonally-adjusted unemployment rate in the 28 member states of the European Union decreased to 9.6% in May compared with 10.3% a year earlier, Eurostat said on Tuesday. 

“This is the lowest rate recorded in the EU28 since July 2011,” the EU statistical office said in a news release. read more


NEW EU LOGO TO PROTECT ONLINE SHOPPERS FROM BUYING FAKE MEDICINES

All online pharmacies or retailers of medicines legally operating in the European Union should display a new logo from 1 July to help patients avoid sellers of fake medicines.

The logo, which should appear on the webpages of online pharmacies or other online retailers, was introduced by the European Commission under the Falsified Medicines Directive to protect buyers of medicines. read more


GREECE CONFIRMS IT WON'T PAY EUR 1.6 B IN DEBT TO IMF TUESDAY

A Greek government official has confirmed Greece will be unable to make a EUR 1.6 B debt payment due to the International Monetary Fund (IMF) on Tuesday, Reuters reported on Monday.

The IMF has said that Greece will immediately be in arrears if it fails to make the debt repayment. read more


TSIPRAS READY TO SUBMIT RESIGNATION FOLLOWING GREEK REFERENDUM RESULTS

Greek Prime Minister Alexis Tsipras has stated prior to a mass meeting in the center of Athens that he will respect the choice of the people at the upcoming referendum.

In case the majority supports the measures proposed by the creditors, he is ready to submit his resignation, Reuters reported. read more


EUROGROUP TO DISCUSS LATEST GREEK PROPOSAL AT EMERGENCY CONFERENCE CALL

The eurozone finance minister will discuss at an emergency conference call the latest Greek proposal, which was submitted by the government in Athens earlier on Tuesday.

Eurogroup Predient Jeroen Dijsselbloem announced that an extraordinary Eurogroup teleconference will be held to discuss the proposal of the Greek government, daily Kathimerini reports. read more


SOUTHEAST EUROPE

GREECE 'TO MAKE NEW PROPOSAL WEDNESDAY'

Greece will table a new proposal about its debt on Wednesday, German daily FAZ quotes Eurogroup Jeroen Dijsselbloem as saying.

According to FAZ, Dijsselbloem said the Eurozone finance ministers would discuss the proposal the very same day. read more


GREEK GOVERNMENT SUBMITS NEW PROPOSAL TO CREDITORS IN ATTEMPT TO AVERT DEFAULT

Greece submitted on Tuesday a new proposal to its international creditors in a last-ditch attempt to prevent the country from defaulting on its IMF debt payment, which falls due later on Tuesday.

It still remains unclear how the creditors will respond to the latest proposal, which comes several hours before the deadline for making an IMF debt repayment amounting to EUR 1.6 B expires. read more


LATEST EU-FACILITATED SERBIA-KOSOVO DIALOGUE FAILS TO REACH AGREEMENT

The latest EU-facilitated dialogue between Serbia and Kosovo failed to reach agreement between the two sides.

This was announced by EU High Representative for Foreign Affairs and Security Policy Federica Mogherini on Tuesday. read more


VAROUFAKIS CONFIRMS GREECE UNABLE TO MAKE IMF DEBT PAYMENT

Greek Finance Minister Yanis Varoufakis confirmed that the country will not make its debt repayment to the IMF, which falls due later on Tuesday.

Varoufakis said this in a response to a question whether the country will make the EUR 1.6 B payment due to the IMF as he was walking into the building of the finance ministry on Tuesday, daily Kathimerini reports. read more


SERBIA OFFERS TO SELL TANJUG NEWS AGENCY FOR EUR 760,935

Serbia’s Privatization Agency has announced a call for bids for 38 state-owned media outlets, including the Tanjug news agency.

The 38 media outlets, mostly regional radio stations, will be sold via public auctions. read more



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