21/05/2013

Paying in of taxes and social contributions of individuals and businesses in the first three months of the year costed less by BGN 22 million in comparison with the same period of 2012, summarized data of the National Revenues Agency, shows, Klassa wrote.

20/05/2013

The governments of Bulgaria and Turkey will start this week negotiations for an agreement regarding the freight traffic between the two countries, said Bulgarian Minister of Transport Kristian Krastev Sunday, Novinite.com (Sofia News Agency) wrote.

16/05/2013

Bulgaria’s economy posted 0.1 per cent growth in the first quarter of the year, the National Statistical Institute (NSI) said in a flash estimate on May 15. Bulgaria was one of 10 EU countries to post positive quarterly growth during that period, but both the EU as a whole and the euro zone posted negative growth, according to a flash estimate by EU’s statistics body Eurostat, Sofia Globe wrote. In real terms, gross domestic product (GDP) in Bulgaria was 16.2 billion leva, or 8.26 billion euro. Compared to the first quarter of 2012, GDP was 0.4 per cent higher.

15/05/2013

Honey is the top export product of Bulgarian organic farmers, according to Stoilko Apostolov, Chair of the Bioselena Foundation for Organic Farming. Speaking Tuesday in the Danube city of Ruse, Apostolov made clear that Bulgaria was fourth in Europe by exports of organic honey, adding that the other major export goods included organic rose and lavender oil, raspberries, strawberries, and wheat, Novinite.com (Sofia News Agency) wrote.

14/05/2013

Europe's debt crisis has shattered its citizens' faith in the European Union and increased distrust between core nations, although support for the euro currency remains solid, according to a widely watched study released on Monday, Reuters informs.

13/05/2013

Caretaker Deputy Prime Minister Ekaterina Zaharieva has ordered Asen Vasilev, caretaker Minister of Economy, Energy and Tourism, to demand an inspection whether the restrictions on the production of renewable energy imposed by the Electricity System Operator (ESO) are in line with Bulgarian and EU law, Novinite.com (Sofia News Agency) wrote.

10/05/2013

Bulgarian Minister of Economy, Energy and Tourism Asen Vasilev and his deputy in charge of energy Bozhan Stoyanov are to hold a working meeting with Turkish Minister of Energy and Natural Resources Taner Yildiz in Istanbul, announced the Bulgarian Ministry of Economy, Energy and Tourism, Focus wrote.

09/05/2013

Bulgaria's caretaker Prime Minister Marin Raykov and caretaker Transport Minister Kristiyan Krastev will open Thursday a high-speed rail line connecting the southern city of Svilengrad to the Kapitan Andreevo border crossing point, Novinite.com (Sofia News Agency) wrote.

08/05/2013

Bulgaria has been ranked the 43rd best place to be a mother - falling behind almost all European Union member states. Only three EU members – Malta, Hungary and Romania – have a worse ranking in the latest Mother Index, which is compiled by the charity Save the Children and includes 176 countries, Novinite.com (Sofia News Agency) wrote.

07/05/2013

Bulgaria needs to buy nine or ten fighter jets, President Rosen Plevneliev said Monday. Plevneliev, who spoke on the occasion of the country’s Day of Army Valor, noted that Bulgarian experts have done a thorough research ahead of the anticipated purchase of fighter jets, Novinite.com (Sofia News Agency) wrote.

30/04/2013

According to a survey of the national statistical institute carried out among company leaders, the business climate in Bulgaria continues to deteriorate, amid political instability and oncoming general elections in May. Industry managers appear the most concerned about the precarious economic situation in the country, Standart wrote.

29/04/2013

Bulgaria's caretaker Cabinet has paid BGN 200 M to small and medium businesses since it took office on March 13, caretaker Economy and Energy Minister, Asen Vasilev, announced. The financing has come from the EU operational program Competitiveness and the Jeremie program (BGN 150 M), Novinite.com (Sofia News Agency) wrote.

26/04/2013

Public Council on Energy with the interim Minister of Economy, Energy and Tourism, Asen Vasilev, will hold its fourth sitting on Friday, April 26, the press office of the ministry announced, Focus wrote. The sitting is scheduled to start at 1 p.m. at the head office of the ministry.

25/04/2013

Sofia Mayor Yordanka Fandakova is to ink a memorandum on cooperation for Bulgarian capital city’s candidacy for European Capitals of Culture in 2019 with the mayors of the district cities in Southwest Bulgaria, the press office of Sofia Municipality announced, Focus wrote. The memorandum will be signed by the mayors of the municipalities of Blagoevgrad, Kyustendil and Pernik.

24/04/2013

Relatively small neighbors Romania and Bulgaria have made it to the top 4 sources of threats in Verizon's yearly report on cyberattacks for 2012. Acording to the phone operator's Data Breach Investigation Report (DBIR) for last year, the most frequent source of cyberattacks was China, Novinite.com (Sofia News Agency) wrote.

23/04/2013

Bulgaria's State Commission for Energy and Water Regulation (DKEVR) is to approve Tuesday аn updated water tariff for Sofia. Several days ago, the watchdog announced it would reduce the tariff by around 4% after it emerged that the concessionaire, water utility Sofiyska Voda, had failed to implement a part of the investment business plan, the Bulgarian National Television (BNT) reminded. DKEVR concluded that the Sofia water utility had failed to reduce water losses, which had been a condition under which the current price of BGN 1.76 per cubic meter had been set, Novinite.com (Sofia News Agency) wrote.

22/04/2013

Asen Vasilev, caretaker Minister of Economy, Energy and Tourism, has suggested that retail chains must offer more Bulgarian products, while local producers must find out what is in demand to be able to sell their output better. Vasilev's statement, as cited by Radio Plovdiv, came at the opening of the first of its kind meeting and expo organized in support of small and medium-sized Bulgarian businesses, Novinite.com (Sofia News Agency) wrote.

19/04/2013

Turk Telekom has placed binding bids to acquire Bulgarian operator Cosmo Mobile (Globul) and electronic appliance retailer Germanos Telecom Bulgaria. Turk Telekom made the announcement in a statement to Istanbul stock exchange, according to international media. The move to buy all the shares in both companies is part of Turk Telekom’s regional expansion strategy, Novinite.com (Sofia News Agency) wrote.

12/04/2013

Bulgaria's Public Financial Inspection Agency (PFIA) has wrapped up an inspection of the three power distributors operating in the country aimed at identifying breaches of the Public Procurement Act in 2011 and 2012. The probe of PFIA was initiated in mid-February by then-Minister of Economy, Energy and Tourism Delyan Dobrev amid growing public discontent over high electricity bills, Novinite.com (Sofia News Agency) wrote.

11/04/2013

The European Commission has argued that Bulgaria must introduce a comprehensive package of measures aimed at combating structural unemployment. The EC recommendation for Bulgaria is part of the findings of the in-depth reviews carried out into 13 Member States identified in the Alert Mechanism Report from November 2012 as showing signs of macroeconomic imbalances, Novinite.com (Sofia News Agency) wrote.