Latest News from Bulgaria
Hourly Labor Cost in Bulgaria Runs Up in Q4 2013
The total hourly labor cost in Q4 2013 has risen by 4.3% compared to Q4 2012, according to the preliminary data of Bulgaria's National Statistical Institute.
The total hourly labor cost grew by 4.4% in industry and by 4.8% in services. In construction the total hourly labor costs rose by 4.2%.
Bulgarian Energy Watchdog to Cancel Permits of Power Distributors
Bulgaria's energy watchdog DKEVR has launched a procedure to suspend the license of power distributors in the country.
The State Commission for Water and Energy Regulation (what the abbreviation "DKEVR" stands for) is to terminate permits of EVN Bulgaria, CEZ Electro Bulgaria and Energo-PRO, officials have announced, citing "threats to energy security" as a reason.
Bulgarian Greens Party Alerts to Suspended Organic Farming Subsidies
The Bulgarian Greens party (Zelenite) has cautioned that the government is about to stifle organic farming by depriving the segment of subsidies for 2014.
The party issued Wednesday an official declaration, vowing to fight the damaging steps through
Bulgaria's Court Finds 13 Imams Guilty
Bulgaria's Pazadrzhik regional court found all 13 imams guilty of propagating anti-democratic ideology.
Bulgaria's Government to Take A Loan
Bulgaria's Government approved the preparations for issuing state bonds at the international stock market, said the Government press office.
The Government authorized Finance Minister Petar Chobanov to negotiate with the selected managing banks and the legal consultants, as well as to sign on behalf of the state all necessary documents.
Bulgaria to Spend EUR 145M on E-Government
E-Government in Bulgaria might be complete before 2020, Transport Minister Danail Papazov announced Wednesday.
Papazov, who is also in charge of the information technologies sector, considers it possible that Bulgaria reaches a "medium level" compared to EU countries in terms of electronic governance.
Refugees in Bulgaria Receive Late Financial Aid by End of Week
The delayed monthly financial aid for refugees will be paid by Friday, Vasil Danov of Bulgaria's State Agency for Refugees confirmed.
The February payments of BGN 65 have been delayed by the Financial Ministry and the Interior Ministry, Danov told Darik news.
Bulgaria, US Drug Enforcement Administration to Discuss Joint Teams
Bulgarian Interior Minister Tsvetlin Yovchev has backed the proposal of Drug Enforcement Administration deputy chief Thomas Harrigan to discuss creating special joint teams.
Harrigan and Yovchev met Wednesday as part of a working visit of the Bulgarian delegation to the US, according to the press office of the Interior Ministry.
Power Distributor EVN Orders Green Energy Restrictions
EVN has requested that renewable energy plants connected to its power grid in Bulgaria dwindle production capacities by 60%.
The decision will be in force on Wednesday. It is unknown whether it is related to a dispute between the state electricity company and power distributors in Bulgaria.
Electricity Price Hike 'Possible', Says Bulgarian Energy Watchdog
Prices of electricity might go up if power distributors can prove their expenses have increased.
Tender for Bankrupt Fertilizer Plant to be Held in Bulgaria's Vratsa
A sealed bid tender will be held Wednesday in Bulgaria's northwestern city of Vratsa for the assets of the bankrupt fertilizer plant Chimco AD, also known as Himko AD.
The fertilizer plant has been evaluated at BGN 28 552 458, VAT excluded.
Bulgaria Watchdog to Decide on Suspending Power Distributors' Permits
Bulgaria's State Commission for Energy and Water Regulation is to decide Wednesday on a procedure for the termination of the licenses of the three power distributors.
Greek court questions where would be best for ‘Maria’
A court in Larissa, central Greece, on Tuesday questioned the Bulgarian Embassys second secretary, Lubomir Georgiev, about what conditions a young girl known as Maria who was found at a Roma camp in Farsala last year would be brought up in if she were taken to Bulgaria.
Francophone Film Festival opens in Athens
Louis Garrel and Valeria Bruni-Tedeschi star in the latter's 'Un Chateau en Italie.'
British Business Can Trigger Economic Change in Bulgaria - President
Bulgaria and the UK can build partnership in the areas of information and communication technologies, infrastructure and the automotive sector.
Those were the words of Bulgaria's President Rosen Plevneliev at the British-Bulgarian business forum opening in London which featured about 60 business representatives from both countries, BGNES reports.