Latest News from Bulgaria
Bulgaria and Romania Praised for Entrepreneurial Efforts in Wine Industry, The Guardian
A brief history of Bulgarian and Romanian wine industries has been provided by the article, published in The Guardian daily online edition.
The positive review of the industry comes merely days after alarming data has been published in Bulgarian media regarding the reduced wine exports over the course of 2014.
Meteorite Falls in Central Bulgaria
A meteorite has landed in the Sredna Gora mountain near the town of Sopot, in Central Bulgaria.
Locals reported seeing bright lights just before 19:00 EET (17:00 GMT) followed by rumbles and smoke, according to Novinite's Bulgarian-language website.
Some witnesses claim the fireball looked "the size of a washing machine" while making its way downwards.
Bulgaria's PM: Ministers Should Not Take Part in Campaign for Local Elections
Bulgarian Prime Minister Boyko Borisov plans to offer all ministers to refrain from participating in the election campaign for the upcoming local elections.
Speaking Sunday in Plovdiv at a national conference of center-right ruling party GERB (Citizens for European Development of Bulgaria), Borisov said that he would stick to the very same behavior pattern that he recommended.
Bulgarian Car Tyre Maker Vidachim Axes 314 Workers
Over 300 employees of Bulgaria's Vidin-based car tyre maker Vidachim will be unemployed as of Monday.
Vidachim, one of the largest companies in Bulgaria's poorest northwestern region, will issue redundancy notices to 314 of its 446 workers amid a lack of orders, according to reports of private TV station Nova TV.
Google Registers Subsidiary in Bulgaria
Internet giant Google has registered a subsidiary in Bulgaria, Google Bulgaria EOOD.
According to Business Register data, as cited by dnevnik.bg, Google Bulgaria EOOD was registered on March 10 by Google International LLC, a Delaware subsidiary of the company which is in charge of expansion.
Google International LLC is cited as the sole owner of the company.
IMF Calls for Better Banking Supervision in Bulgaria
The IMF called for better banking supervision in Bulgaria in the concluding statement of its mission to the country, which was released on Friday.
The IMF notes that the collapse of Corporate Commercial Bank (KTB) and the deterioration in the fiscal balance tested the country's macroeconomic and financial stability.
Parts of Bulgaria Continue to be Affected by Floods, Power Cuts
Parts of Bulgaria are continuing to be affected by floods and power cuts as precipitations are continuing on Saturday.
According to the latest data of the Fire Safety and Protection of the Population service, 284 settlements in the districts of Kardzhali, Smolyan and Haskovo remain without electricity.
Bulgaria's GERB to Contest Local Elections on Its Own
The executive committee of Bulgaria's main ruling party GERB has decided that the party will compete in the forthcoming local elections on its own.
The chairperson of GERB's parliamentary group Tsvetan Tsvetanov announced this on Saturday prior to the party's national council in Plovdiv, private bTV station reports.