Latest News from Bulgaria
Bulgarian Folklore Tradition: Every House With New Clay Pot on Good Friday
According to an old Bulgarian tradition, everyone should buy a new clay pot for their house on Good Friday.
The folklore tradition has not been forgotten even in the capital, where thousands of people were spotted shopping for the clay items of their choice, BGNES reported.
More Than 100,000 People Travel Abroad Over the Holidays
Over 100,000 people will be travelling abroad over the Easter holidays. Approximately the same number of people will be going to various places across the country.
The statement was made by the Chair of the Association of the Bulgarian Tourist Agencies, Bayko Baykov in an interview for Focus News.
Framework Power Price Deal with Bulgaria Is 'Win-Win Proposition', AES Says
US-based AES has welcomed the deal it signed with Bulgaria to amend the long-term power purchase agreement which its Bulgarian power plant AES 3C Maritza East 1 has with state-owned National Electricity Company (NEK).
Bulgaria Climbs Four Positions in FIFA World Ranking
The Bulgarian men's national football team climbed four position in the latest FIFA/Coca-Cola World Ranking, which was released on Thursday.
At present, Bulgaria occupies the 67th place with 505 points, being one position behind the team of Burkina Faso and ahead of the United Arab Emirates, the website of FIFA informs.
ContourGlobal Hails Power Price Deal with Bulgaria
US-based ContourGlobal on Thursday hailed the deal it had signed with the government in Sofia ahead of the planned change in the electricity purchase agreement for its Bulgarian power plant.
EU Allocates Funding for Feasibility Study of Bulgaria-Turkey Gas Interconnector
The state-owned natural gas transmission operator Bulgartransgaz was awarded EU funding for pre-investment feasibility study of the planned interconnector between Bulgaria and Turkey.
The agreement for the funding of the pre-investment feasibility study of the projected gas interconnector between Bulgaria and Turkey was signed on April 3, BGNES news agency reports.
EBRD: Tax administration, corruption, political instability, top three business environment obstacles in Romania
Tax administration, corruption and political instability are the top three business environment obstacles identified by Romanian firms, according to a study of the European Bank for Reconstruction and Development (EBRD) released on Thursday.
Photo credit: (c) facebook.com/ebrdhq
New Cider Production Facility in Bulgaria to Stimulate Beer Market Segment
Nikolay Mladenov, CEO of one of Bulgaria's largest beer production companies - Zagorka, stated that Bulgaria has been chosen as a regional Balkan center of Heineken in the sector of cider production.
The brand Strongbow has already been introduced on the local market, while the project with a EUR 2 M investment involves a new distillation and bottling facility.
Greek minister: 200 mln euros a year from (projected future) gas pipeline; experts wary
State Minister Alekos Flambouraris confirmed the intent of advance payments of profits — by Russia — from the creation of a new gas pipeline, estimating that its construction would bring more than 200 million a year in profits to the Greek state.
Bulgaria President's Security Council to Discuss Army on 27 April
Bulgarian President Rosen Plevneliev will convene the consultative council on national security in order to discuss the state of the armed forces on April 27.
The council will discuss the development of the armed forces in the context of the current security environment, the presidential press service informs.
EU Grants Nearly EUR 2 M in Recovery Aid to Bulgaria
The European Commission granted on Thursday EUR 1.98 M to Bulgaria for addressing the consequences of the 2014 floods.
The funds, which were allocated from the EU Solidarity Fund, aim to partially cover the emergency costs of recovery operations after the floods, the press service of the Commission informs.
Bulgarian Parliament Passes Bill on NATO Communications Unit
Bulgarian National Assembly ratified the agreement for the deployment of a NATO switchboard battalion in Bulgaria.
The communication-information system or the so-called NATO module will be constructed near Bulgaria's Gorna Malina.
BILLA Bulgaria Had 4.8 % Higher Turnover in 2014, Plans to Invest BGN 200 M
BILLA Bulgaria had a successful year in 2014, as its turnover increased with 4.8 %, amounting to BGN 614 000.
The financial results of the company for 2014 were significantly better than the initial expectations, the press office of BILLA Bulgaria informs.
Record Number of Bulgarian Toursists Visited Greece in 2014
According to the latest data of the Hellenic Statistical Authority, Bulgarians made 1.5 million visits to Greece in 2014, which is an increase of 121.8 % compared to the previous year.
This double increase in the number of trips made Bulgarians the third largest group of tourists visiting Greece after the Germans and the English.
Bulgaria PM to Seek Merger of Revenue, Customs Agencies
Bulgarian Prime Minister Boyko Borisov said on Wednesday he could table next week a proposal to merge the National Revenue Agency and the Customs Agency.
Borisov announced during a regular cabinet sitting that the measure was necessary due to "discouraging" results in the fight against smuggling.