Latest News from Bulgaria

IMF: Serbia in recession through 2015, to recover in 2016

WASHINGTON - According to latest projections by the International Monetary Fund (IMF), 2015 will be another recession year for Serbia, with a real GDP growth of a negative -0.5 percent, and recovery, with a positive, 1.5 percent growth, should come in 2016.

Bulgaria's Agricultural Land Prices Rise 15% in 2014, Rental Prices Up 8%

The average price of agricultural land in Bulgaria rose 15.2% last year, reaching BGN 684 (EUR 342) per 1,000 square metres, the statistics office announced on Tuesday.

Rental prices per 1,000 sq m of agricultural land also rose, reaching BGN 41 (EUR 20.5) on average, an increase of 7.9% compared to 2013.

Gazprom warns EU over energy, Ukraine

Russia's top gas producer Gazprom warned the European Union on April 13 against moves to block Moscow's plans to bypass Ukraine as a transit country for its gas to Europe and said it needed guarantees on gas purchases.

Industrial Establishments in Bulgaria to Cut Investments by 30.4% in 2015

Industrial establishments plan to cut investments by 30.4% on an annual basis in 2015, according to data provided by Bulgaria's National Statistical Institute (NSI).

According to a survey conducted among industrial establishments in March 2015, expenditure on acquiring fixed tangible and intangible assets in industry increased by 3.9% on an annual basis in 2014.

Sarkozy to Bulgarian PM: 'You Have No Losses, You Only Have Victories'

''You are the most surviving Bulgarian politician,'' stated former French President Nicolas Sarkozy at a news conference following his meeting with his Bulgarian counterpart Boiko Borisov. ''I applaude you for your effors and for the fact that you managed to create a working government. You have no losses, you only have victories.''

Bulgaria Marks Increase in Exports in 2015

Bulgarian exports had been on the increase for a third consecutive month in February of this year. Strong support for the sector has proven to be trade with EU member states.

Tsvetan Vasilev: Central Bank's Actions on KTB 'Prove Dependencies'

Bulgarian Central Bank BNB's position on the developments at Corporate Commercial Bank (Corpbank or KTB) is a clear sign of the financial authority's "strong dependencies", KTB majority owner Tsvetan Vasilev has said.

Nearly 1,800 irregular migrants repatriated in March

A total of 1,793 migrants detained in Greece without proper travel documents were returned to their homelands in March, the Greek Police reported on Tuesday.

Bulgaria's Energy Minister Mulls Levying Energy Exports

Electricity generated for exports and for the domestic market should be equally levied with the "liabilities to society" tax, Bulgarian Energy Minister Temenuzhka Petkova has said.

Bulgaria - Number One in Doping Usage in Europe, Sports Minister says

Bulgaria is the leader in Europe in terms of usage of doping-containing food supplements.

The statement was made by the Minister of Youth and Sports Krasen Kralev in an interview for NOVA TV station, quoting data from the European Fitness Association.

Bulgaria's Tourism Reports 9% Growth for 2014/2015 Winter Season

Bulgaria's Tourism Minister Nikolina Angelkova boasted about a successful 2014/2015 winter season (December-February), stressing that the period had brought growth of over 9%, with the number of tourists increasing by nearly 80 000.

In an interview for Trud daily, Angelkova made clear that tourism revenues had increased by BGN 34 M during the past winter season.

Anastacia Expected in Sofia Prior to First Ever Concert in Bulgaria

Pop star Anastacia will be performing in Bulgaria for the very first time on April 16. The concert will be held in the Hall 1 at the National Palace of Culture in Sofia.

The event will be part of the promotional tour of the singer for her newest album released at the end of 2014. The Ressurrection Tour 2015 has already started in January with destinations all across Europe.

Construction Works along Bulgaria's Black Sea Coastline Cause Turmoil

Construction works in the gulf of Coral, near camping South have started days prior to the Easter celebrations in Bulgaria.

Two fundaments have been laid at a distance of approximately 60-70 meters away from the beach.

In the words of environmental activists construction plans involve a mini village of 16 houses with a total surface of over 1,200 square meters.

Bulgaria President to Discuss Energy Cooperation in Croatia

Bulgarian President Rosen Plevneliev is visiting Croatia to meet with counterpart Kolinda Grabar-Kitarovic.

Opportunities to build a regional energy market and to boost diversification in Southeast Europe will be among the main topics of discussion, the President's press office has said.

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