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Reformists, Finance and Social Minister Fail to Agree on Revisions to Social Insurance Code
July 14 (BTA) - At this stage, and with a view to preserving the second pillar, the Reformist Bloc is suggesting that the right of choice between the universal fund and the National Social Security Institute (NSSI) be valid for the persons born between 1960 and 1970. In the futur...
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EU Urges Independent Asset-Quality Review of Bulgarian Banking Sector by December
July 14 (BTA correspondent Nikolay Jelizakov) - The Council of the European Union on Tuesday adopted recommendations on Bulgaria's 2015 national reform programme, urging the country to complete an independent asset-quality review of its banking sector by December 2015.
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National Statistical Institute Reports 0.9 Per Cent Deflation in June
July 14 (BTA) - The National Statistical Institute Tuesday reported a 0.9 per cent deflation in June compared to May 2015. Inflation since the start of the year (June 2015 compared to December 2014) was minus 0.2 per cent. Annual inflation in June 2015 compared to June 2014 w...
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Merchant Shipping Agreement Signed with Israel
July 14 (BTA) - Bulgarian Transport Minister Ivaylo Moskovski and Israeli Ambassador to Sofia Shaul Kamisa Raz signed a Merchant Shipping Agreement between the two countries on Tuesday. Moskovski said the agreement is important for a number of reasons.
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Parliament Elects Dimiter Radev as Central Bank Governor
July 14 (BTA) - At an extraordinary sitting on Tuesday, the National Assembly elected Dimiter Radev governor of the Bulgarian National Bank (BNB) with 130 votes in favour, 16 against and 34 abstentions. Radev was nominated by GERB and the Reformist Bloc. The new governor's...
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Ways Will Be Sought to Raise The Incomes of Disabled - Social Minister Kalfin
July 14 (BTA) - The disability welfare of people of working capacity age will not be suspended, rather ways will be sought to raise their income through participation on the labour market, Labour and Social Policy Minister Ivailo Kalfin commented before journalists Tuesday. ...
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Parliament Elects Central Bank Governor at Extraordinary Sitting
July 14 (BTA) - At an extraordinary sitting on Tuesday, the National Assembly opened discussions to elect a governor of the Bulgarian National Bank (BNB) out of four candidates. Bisser Manolov has been proposed by the parliamentary group of the Reformist Bloc, Viktor Yotsov ...
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Bulgarian Marine Experts Among Highest in Demand on Market - Expert
July 14 (BTA) - Bulgarian marine experts are among the highest in demand on the market, and data show that each year there are around 40 navigators, 40 ship technicians and 10 ship electronics technicians on average graduating from the Technical University of Varna, Assoc. Pr...
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Bulgaria Shifts in Focus of Bavarian Investment Interests
July 13 (BTA) - Bavarian investment interests are focusing on Bulgaria thanks to the political stability and the visible efforts by the Bulgarian government to implement key reforms in areas such as the judiciary and the public administration. This emerged during a meeting o...
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Maritza East 1 Electricity Price Cut Approved by Creditors
July 13 (BTA) - An arrangement between the National Electricity Company (NEK) and the AES Maritza East 1 Thermal Power Plant to modify the agreement under which the plant sells its electricity was approved by the energy regulator and by all 24 European and Bulgarian banks whi...
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Deputy PM Kuneva: Netherlands Understands Schengen Significance for European Security
July 13 (BTA) - The Netherlands are aware how important Schengen is for the general security of Europe. The presence of Bulgaria and Romania will contribute to that and the arguments in favour of the two countries are very strong in this direction, Deputy Prime Minister for P...
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Gallup: Five Parties Would Enter Parliament if Elections Were Today
July 13 (BTA) - Five parties would enter Parliament if elections were held today, a Gallup monthly poll suggests. It was carried out among 1,011 respondents between June 26 and July 2.
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Parliament to Elect Central Bank Governor at Extraordinary Sitting Tuesday
July 13 (BTA) - Parliament will elect the new Governor of the Bulgarian National Bank (the country's central bank) at an extraordinary sitting on Tuesday. There are four candidates to the post. Bisser Manolov has been proposed by the parliamentary group of the Reformist Bloc...
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Sofia Airport Reports 4.1% Increase of Passengers on International Flights in H1
July 13 (BTA) - Sofia Airport reported Monday a growth of 4.1 per cent on passengers on international flights in the first half of 2015. The passengers during this period totalled 1,913,352 which was 75,000 fewer than this time last year. The passenger flow increased by 5 per cen...
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Prosecution Office Seeks Dismissal of Botevgrad Mayor Georgiev
July 13 (BTA) - The Sofia District Prosecution Office has taken legal action for termination of the credentials of Georgi Georgiev as Mayor of Botevgrad. The prosecutors found that Georgiev is Managing Director and partner in the Keram-97 OOD commercial corporation, has not ...
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Bulgaria Lose Against France in FIVB Volleyball World League Group 2 Final
July 12 (BTA) Bulgaria lost 0-3 (16-25, 20-25, 21-25) the Group 2 final at the FIVB Volleyball World League against France in Varna on Saturday. France will play in the World League final tournament in Brazil, and as from next year will compete in Group 1.
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Bulgaria Deputy PM Kuneva, Justice Minister Ivanov to Visit Netherlands
July 12 (BTA) - Bulgarian Deputy Prime Minister for European Policies Coordination and Institutional Affairs Meglena Kuneva and Justice Minister Hristo Ivanov will pay a one-day working visit to the Netherlands on July 13, the Government Information Service said on Sunday.
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Bulgarian Foreign Minister Participates in Memorial Ceremony in Srebrenica
July 11 (BTA) - Bulgaria's Foreign Minister Daniel Mitov attended the memorial ceremony in Srebrenica Saturday commemorating the genocide in 1995, the Foreign Ministry's press centre said. He paid a floral tribute to a memorial plate of the victims in Potocari.
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Investment Plan about Northwestern Bulgaria, Other Disadvantaged Regions Developed - Minister
July 11 (BTA) - Unlike previous years, when an abundant amount of strategies was generated, the Ministry of Regional Development and Public Works is preparing an investment plan for Northwestern Bulgaria and for other vulnerable regions, reporting great social and economic differ...
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ECtHR Halts Demolition of Two Illegal Houses in Gurmen
July 11 (BTA) - The European Court of Human Rights (ECtHR) ruled on the halting of the demolition of two illegal houses in Gurmen Village, Nova TV said. The operation was scheduled for Monday. Following an appeal by Bulgarian human rights organizations, ECtHR insisted that the...