Latest News from Bulgaria

Bulgarian Businesses Are Emerging from Stress – Finance Minister

Businesses in Bulgaria are emerging from stress and beginning to think about investments, according to Finance Minister Petar Chobanov.

Chobanov and the Executive Director of the Bulgarian Development Bank (BDB), Dimo Spasov, met Thursday in Targovishte with representatives of local businesses, according to reports of the Bulgarian Telegraph Agency (BTA).

Bulgaria and Romania 'Were to Send Jets' after Russia's Deputy PM

Bulgaria and Romania could send fighters after Russia's Deputy PM Rogozin while he was traveling to Transnistria via Bulgarian airspace, as he wrote on Twitter.

Dmitry Rogozin said he had been informed by the pilot that Bulgaria's air-control personnel had asked whether the "blacklisted passenger" was on board.

Police Report Major Drug Lab Bust in Bulgaria's Sliven

A large drug lab in Bulgaria's southeastern city of Sliven has been busted.

According to reports of local police, as cited by the Bulgarian National Radio (BNR), the drug lab is believed to have been functioning for six months in a privately owned house.

Bulgaria's President: Balkans 'Could Be Next Destabilized Region'

A negative development of the situation in Ukraine could turn the Balkans into the next "destabilized" region, Bulgarian President Rosen Plevneliev warned in Berlin.

Plevneliev made his comments during a press conference titled "Southeast Europe and Bulgaria in the context of the Crimea crisis".

Sports Goods Chain Decathlon Plans More Stores in Bulgaria

The French sports goods retail chain Decathlon plans to open two more stores in Bulgaria, reports the business daily Capital Daily. 

Currently the company has two stores in Sofia and is planning imminent expansion in Plovdiv and Varna. The plans of a third store in Sofia and a first one in Burgas also remain, but the company hasn't set a time frame yet.

Passenger Trains to Run along Danube Bridge 2 as of Saturday

Regular passenger train service from Bulgaria's Vidin to Romania's Calafat along the Danube Bridge 2 starts Saturday.

Vladimir Andreev, CEO of the Bulgarian-Romanian joint venture Danube Bridge Vidin – Calafat, explained Thursday that the facility was ready for rail traffic.

Consumer Optimism in Bulgaria Rises

The consumer confidence in Bulgaria in April rose by 4.8 points, compared to January, shows data of the National Statistics Institute (NSI). 

The increase is more pronounced in the villages – 5.4 points and lower in the towns and cities – 4.6 points. 

The NSI data shows that the consumer optimism slowly increases in the past 12 months.

Soviet Army Monument Reused to Pledge EU, Russia Loyalties

The Soviet Army Monument in Sofia was used twice on Thursday night to display conflicting propaganda messages.

Hours after being illuminated with the EU flag as part of the Reformist Bloc's election campaign, activists hung there both Russian and Soviet Union colors.

Complaints to Bulgaria's Ombudsman Rose By 26% in 2013

The complaints of Bulgarians to the Office of the Ombudsman have risen by 26% in 2013, shows a report. 

“This is an unprecedented growth,” says the Ombudsman Konstantin Penchev during the presentation of his report to the Social Committee of Parliament. 

Almost 50% of Bulgarians Retire Early – Economist

A total of 42% of Bulgarians retire early, while the numbers in the rest of Europe are down to 27%.

There are several reasons for such early retirement, the main one being the low salaries and pensions in Bulgaria, economist Vladimir Karolev told Nova TV, Friday.

Bulgaria's Pamporovo Boasts 10%Tourism Growth Despite Snowless Winter

Despite the snowless winter, Bulgaria's Pamporovo ski resort registered a 10% growth in the number of tourists at the end of the season, according to data of Pamporovo AD.

Marian Belyakov, CEO of Pamporovo AD, explained in an interview for the Bulgarian Telegraph Agency (BTA) that the resort had registered yet another successful winter season.