Latest News from Bulgaria

Tommy Hilfiger to Open First Own Store in Bulgaria

US brand Tommy Hilfiger is due to have its first store in Bulgaria this week, according to media reports.

Most of Tommy Hilfiger's production had so far been available in Peek&Cloppenburg's retail chain.

It is now entering the Bulgarian market via Greek SARKK Group, the importer and distributor of the brand in Bulgaria, Greece, Romania, Cyprus and Macedonia.

FBI Director Comey to Visit Bulgaria Next Week

James Comey, Director of the US Federal Bureau of Investigation (FBI), will pay a visit to Bulgaria next week, Sofia-based BGNES news outlet reported on Thursday.

According to insiders, Comey is expected to meet with Bulgaria's Chief Prosecutor Sotir Tsatsarov, 24 Chasa daily said.

James Comey was sworn in as the seventh Director of the FBI on 4 September 2013.

Parliament Elects Daniela Daritkova as New Healthcare Commission Chief

Bulgaria's Parliament on Thursday elected Daniela Daritkova as head of its Healthcare Commission, replacing Gen. Stoyan Tonev.

Daritkova is member of Parliament from GERB, the largest party in the minority coalition government led by Prime Minister Boyko Borisov.

Reuters: Strong Banking Ties to Greece Pose Risk for Bulgaria, Balkans

Balkan countries including Bulgaria "remain highly vulnerable to the threat of Greek financial collapse" due to their strong banking and trade links with Greece, Reuters said.

Even though Greece seems for now to have won a four-month extension of its bailout programme, the danger of a potential exit of the country from the euro still exists, the newswire said.

Bulgaria's Grigor Dimitrov Suffers Heavy Defeat in Acapulco

Bulgaria's top male tennis player Grigor Dimitrov was ousted from the second round of the Abierto Mexicano Telcel tournament in Acapulco on Wednesday.

Dimitrov was defeated by Ryan Harrison from the USA with 5:7, 6:4, 0:6 in a match that lasted one hour 45 minutes, daily Dnevnik reports.

EU Commission Steps Up Imbalance Procedure Against Bulgaria

The European Commission will step up its procedure against Bulgaria due to the excessive macroeconomic imbalances the country has experienced.

The Commission noted the financial sector turbulence in 2014, which necessitated the taking of decisive policy action and specific monitoring.

Bulgaria's President Plevneliev to Meet King Philippe of Belgium

Bulgarian President Rosen Plevneliev is on a two-day visit to Brussels where he is to meet the country's reigning monarch and to take part in a political conference.

The head of state is to attend an event of the Centre for European Policy Studies (CEPS) on Thursday and Friday, his press office has said.

Former Bulgarian President to Resign ABV Party's Leadership

Former Bulgarian President Georgi Parvanov announced that he is going to resign his party's leadership due to the decision of ABV's parliamentary group to support the issue of new debt.

The Alternative for Bulgarian Revival (ABV) was initially opposed to the issue of new debt amounting to BGN 16 B, but the party altered its position and voted in favour on Wednesday.

Bulgarian PM Convened Extraordinary Meeting of Deputy PMs, FinMin

Bulgarian Prime Minister Boyko Borisov convened an extraordinary meeting of the four Deputy Prime Ministers and Finance Minister Vladislav Goranov on Wednesday.

The meeting lasted four hours and started shortly after the plenary sitting of parliament, daily Dnevnik reports.

The topic of discussion was the parliament's approval of the issue of new debt amounting to BGN 16 B.

Bulgarian President Considers Imposing No Veto over New BGN 16 B Debt

Bulgarian President Rosen Plevneliev is not considering to impose veto on the issue of new BGN 16 B debt, which was approved by Parliament on Wednesday.

Plevneliev announced this after his participation at the awards ceremony of the Bulgarian forum of business leaders on Wednesday, daily Dnevnik reports.

Greece's Jumbo posts higher H1 profit year-on-year

Greece?s biggest toy retailer Jumbo posted higher first-half profit year-on-year on Thursday and stuck to its forecast for a 4-6 percent rise in full-year sales despite recent political turmoil in Greece.

Amnesty Gives Balkans Mixed Verdict on Rights

The latest report published by international campaign group Amnesty International on Wednesday said attacks on the gay community were handled inappropriately by justice systems throughout the Balkans and Roma continue to face discrimination.

The latest State of the World's Human Rights report profiled the state of human rights in 160 countries and territories in 2014.

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