Latest News from Bulgaria
There is an increased risk of drastic food price hikes in Bulgaria because of Government's actions against the modern retail chains.
According to Yordan Mateev, executive director of the Modern Retail Association, the draft amendments to the Competition Protection Act would affect not only the retail sector, but all business activities.
Bulgaria's advertising market in 2013 has been estimated at BGN 303M net value with a minimum expected investment increase of 2% in 2014.
Internet advertising has the greatest potential in 2014, according to data revealed by the Bulgarian Association of Communication Agencies (BACA) at the traditional forum of the organization.
Sixteen Bulgarians have been arrested during a special FBI operation in the United States for money laundering and credit card fraud worth millions of dollars.
Around 30 people were arrested in Chicago and its suburbs as a part of a special operation to crack down on an organized crime group, the Bulgarian International Television (BIT) reported, cited by Dir.bg.
Tuesday night turned special for the young Bulgarian footballer Todor Nedelev as he made his Bundesliga debut for Mainz 05.
His team lost 3:1 to last place Eintracht Braunschweig, but the former Botev Plovdiv midfielder will cherish his first 15 minutes on the pitch, as he went in for Julian Koch in the 75th minute.
Bulgaria is in the Top 5 of EU countries with most alerts for dangerous products, shows data of the Rapid Alert System for non-food dangerous products RAPEX.
Most alerts came from Hubgary – 12% of all, followed by Germany – 11%, Spain – 11%, Bulgaria – 8% and Great Britain – 6%.
The complaints from Bulgaria were 191 – mostly for clothes of low quality, shows the RAPEX data.
Nearly 5 kilos of heroin seized from Portuguese man
GRADINA -- The Serbian border police have seized 4.9 kilograms of heroin at the Gradina crossing, on the border with Bulgaria.
The drugs were found in the luggage of a Portuguese citizen identified with his initials as R.S.G.A.
Every fourth Bulgarian who has a university degree, works abroad, shows a survey of the Bulgarian Industrial Association (BIA).
“Bulgaria behaves like a rich country, which exports highly qualified employees abroad,” said Tomcho Tomov of BIA. “At the same time a large number of young adults don't work and receive support from their parents who work abroad.”