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Finance Ministry Projects 0.8% Real GDP Growth in 2015
November 27 (BTA) - The Finance Ministry has updated its autumn macroeconomic forecast, its press office said on Thursday. Real GDP growth is projected at 0.8 per cent in 2015, 1.5 per cent in 2016, and 2.3 per cent in 2017. Consumption will rise by 0.5 per cent of GDP in ...
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Bulgarian Expatriates Demand Transparent Appointments in Agency for Bulgarians Abroad, Online Voting and Separate Consti...
November 27 (BTA) - Bulgarian expatriates have sent a letter to Prime Minister Boyko Borissov and Deputy Prime Minister Meglena Kuneva urging for an open competition for the new leadership of the State Agency for Bulgarians Abroad, online voting and a separate constituency.
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Forest Logging Exceeded Planting in 2006-2012, Land Cover Observation Project Shows
November 27 (BTA) - More Bulgarian forest was cleared than planted between 2006 and 2012, according to Anton Stoimenov of the Space Research and Technology Institute with the Bulgarian Academy of Sciences. The Institute is a subcontractor of the CORINE Land Cover 2012 proj...
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Bulgaria Does Not Acknowledge Russian Federation, Breakaway Abkhasia Region Partnership Accord
November 27 (BTA) - The so-called strategic partnership accord between the Russian Federation and the breakaway Abkhasia region, signed on November 24, is a threat to security and will have a negative effect on the efforts to stabilise those part of the Caucasian region, a pr...
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SANS Chair:"We Need State Strategy on Danger of Spreading of Radical Islam"
November 27 (BTA) - "We need an analysis of the satiation and a state strategy," State Agency for National Security (SANS) Chairman Vladimir Pisanchev said at a closed-door hearing in Parliament on Thursday. The hearing was in connection with a November 25 special operation c...
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NHIF: Medical Insurance Revenues in 2015 Budget Are Unrealistic
November 27 (BTA) - The Supervisory Board of the National Health Insurance Fund (NHIF) on Wednesday warned that the 2015 draft NHIF budget envisages an unrealistic increase in medical insurance revenues. An increase of some 150 million leva has been budgeted and if revenue...
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Seven Charged with Preaching Islamic State Ideology
November 26 (BTA) - Six men and one woman have been charged with preaching the anti-democratic ideology of the Islamic State (IS), Deputy Prosecutor General Borislav Sarafov told a news conference here Wednesday. They are believed to have operated as an organized criminal gro...
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Bulgaria Wants US Visas for Its Citizens to Be on Agenda of Negotiations on EU-US Free Trade Agreement
November 26 (BTA) - "Bulgaria's official position regarding the Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States is that the visa requirements for Bulgarian citizens travelling to the US should be considered, among other t...
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Bulgaria and Hungary are Requested to Fully Transpose the EU Legislation on Energy Efficiency
November 26 (BTA corr. Nikolau Jeliazkov) - The European Commission Wednesday has formally requested Bulgaria and Hungary to ensure the full transposition of the Energy Efficiency Directive (Directive 2012/27/EU). Under this Directive Member States must achieve certain energ...
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Parliament Adopts Conclusively 2014 Budget Update
November 26 (BTA) - Parliament updated the 2014 National Budget Act on second reading on Wednesday. Acting on Parliament's resolution, the Council of Ministers may take steps towards assuming external government debt, including through the issue of government securities on ...
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European Commission Asks Bulgaria to Limit Citizens' Exposure to Sulphur Dioxide
November 26 (BTA corr. Nikolay Jeliazkov) - The European Commission is urging Bulgaria to reduce ambient levels of sulphur dioxide (SO2), an air pollutant from industrial installations that can cause respiratory problems and aggravate cardiovascular disease. The infringement ...
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Draft 2015 National Budget: 3% Deficit and Increase of Retirement Age
November 26 (BTA) - The Finance Ministry Wednesday unveiled a draft 2015 national budget. It says the budget framework is based on conservative forecasts for the key macroeconomic indicators, realistic revenue estimates and restrictive expenditure planning.
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Energy Minister: Wrong Decisions about Energy Sector Led to Deficit
November 26 (BTA) - The need of fresh finances in the energy sector and of solving its debt problem were discussed at the first meeting of the Sectoral Council for Tripartite Cooperation since the new cabinet took office, the Energy Ministry said on Wednesday.
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Foreign Ministry Advises Against Trips to Madagascar Due to Plague Incidence
November 26 (BTA) - The Foreign Ministry issued an advisory against travelling to Madagascar due to a plague outbreak there. All regions of the country have been affected by the outbreak, the advisory says.
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Organizers of Online Betting to Pay Lv 50,000 in Fee for Socially Responsible Conduct
November 26 (BTA) - Instead of a tax, organizers of online betting will pay 50,000 leva (around 25,000 euro) in an annual fee for socially responsible conduct by March 31 of every year, according to first-reading amendments to the Gambling Act introduced by GERB. They were ad...
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Parliament Increases Health Insurance Fund's Budget by Lv 100 Mln
November 26 (BTA) - Parliament approved a 100-million-lev increase in this year's budget of the National Health Insurance Fund (NHIF) on second reading on Wednesday. The increase breaks down as follows: 25 million leva for home treatment medicines paid by the NHIF, 15 milli...
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Parliamentary Ad Hoc Committee Approves Draft Amendments Invalidating Set-offs in Insolvent Banks
November 25 (BTA) - The National Assembly Ad Hoc Budget and Finance Committee Tuesday conclusively approved draft amendments to the Bank Bankruptcy Act, limiting the validity of set-offs effected by a bankrupt bank's creditors to the share to which each of them is entitled u...
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Prosecution Magistracy Proposes Reforms in Own Ranks
November 25 (BTA) - The prosecution magistracy Tuesday unveiled a plan for reforms in its own ranks, including a division of the Supreme Judicial Council (SJC) into two colleges: of justices and of prosecutors. They insist that the SJC should remain a standing body.
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Measures to Tackle Corruption among Traffic Officers
November 25 (BTA) - Interior Minister Vesselin Vouchkov told a news conference on Tuesday that security police officers will no longer be able to enforce traffic rules. Vouchkov presented a package of measures designed to limit one-to-one contact between officers and drivers....
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UniCredit Bulbank CEO Hampartzoumian: "Corpbank's Departure Will Have Favourable Economic Impact"
November 25 (BTA) - UniCredit Bulbank CEO Levon Hampartzoumian said the departure of Corporate Commercial Bank (Corpbank) from the market would have a positive effect on the economy. Hampartzoumian, who is also Chairman of the Association of Banks in Bulgaria, moderated th...
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