Latest News from Bulgaria
Modern Retail In Bulgaria Continues To Rise
The modern retail outlets in Bulgaria continue to increase their market share, on the account of the small independent stores, shows a GfK survey, quoted by Dnevnik.bg.
In 2007 the modern retail outlets, such as super- and hypermarkets, held 42% of the FMCG sales, while in 2011 their share reached 55%.
Austria's President Heinz Fischer To Visit Bulgaria
Austira's President Heinz Fischer will visit Bulgaria on October 30 and 31, upon the invitation of his Bulgarian counterpart Rosen Plevneliev, said Plevneliev's press office.
Interim PM Points Budget Overhaul as Only Way to Pay Back KTB Deposits
Caretaker Prime Minister Georgi Bliznashki said Wednesday the update of 2014's budget would secure funding to allow depositors access to their savings at Corporate Commercial Bank (KTB).
Bulgaria’s Security Agency Awarded Extra BGN 250 000 to Handle Migration Flows
Bulgaria's government has earmarked an additional sum of BGN 250 000 for activities of the State Agency for National Security (DANS).
The funding is to go to activities related to handling the crisis caused by the increase in migration flows to Bulgaria, according to the press office of the caretaker government.
EPP Group Chairman Urges Formation of Center-Right Gov't
European People's Party Group Chair Joseph Daul met leaders of conservative GERB party and right-wing Reformist Bloc, but also two parties to the left of the political spectrum.
During his visit to the Bulgarian capital on Tuesday Sofia Daul called on political parties to forge a center-right government.
Serbia drops in WB business conditions ranking
Serbia drops in WB business conditions ranking
WASHINGTON -- The World Bank has issued a prognosis of business conditions around the world for 2015 and ranked Serbia 91st out of 189 countries.
This represents a downgrade from last year's 77th spot, leaving only Bosnia-Herzegovina with a worse rank, at 107.
Serbia drops in rankings based on business conditions
WASHINGTON - The World Bank has issued a prognosis of business conditions around the world for 2015 and ranked Serbia 91st out of 189 countries, which is drop from last year's rank of 77, leaving only Bosnia-Herzegovina with a worse rank, at 107th spot.
Bulgaria Increasingly Likely to Lose EUR 1.6B in EU Agriculture Funding
The risk of Bulgaria losing EUR 1.6 B in EU funding for agriculture has increased substantially due to the failure of the Agriculture Ministry to select an auditing authority for the payments made in the period October 16, 2013 - October 15, 2014.
Bulgaria’s Position in Doing Business 2015 Deteriorates
Bulgaria ranks 38th out of 189 economies in the Doing Business 2015 report of the World Bank.
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Three-Way Coalition Talks 'In Preparation' - Reformists' Co-Chair
A meeting between conservative GERB party, right-wing Reformist Bloc and nationalist Patriotic Front is currently being prepared, Radan Kanev from the RB has claimed.
Bulgaria's Deputy EconMin Proposes Separate Tourism Ministry
A single Ministry of Tourism is necessary to secure the budget framework which the sector precisely needs, caretaker Deputy Economy and Energy Minister Branimir Botev believes.
President Plevneliev to Hold Consultations with Parliament Parties
Bulgaria's President Rosen Plevneliev is to hold meetings with all parties in Parliament, but will receive them in reverse order starting from the smallest one, his press office has said.
RB's Radan Kanev, GERB Negotiators Hold Unexpected Meeting
A surprising meeting was held Tuesday evening between Radan Kanev, co-Chairman of the Reformist Bloc, and members of GERB party's team tasked to carry out government consultations, sources say.
Bulgaria’s Caretaker PM Boasts about Successful Term in Office of Govt
Caretaker Prime Minister Georgi Bliznashki has insisted that Bulgaria's caretaker government is about to complete a successful term in office.
Bulgaria’s Parliament Holds 1st Regular Sitting
Bulgaria's new Parliament is to hold its first regular sitting on Wednesday.
Wednesday's agenda of the newly sworn-in MPs envisages the creation of two interim committees, including one on legal affairs and one on budget and finance, according to reports of the Bulgarian National Radio.