Latest News from Bulgaria
World Bank Introduces New Country Manager For Bulgaria
The World Bank appoints Antony Thomspon as new country manager for Bulgaria, said the bank in a statement.
"The recent appointment of a new World Bank Country Manager for Bulgaria is further illustration of the institutional commitment to work for ending poverty and promote shared prosperity in the country", the statement reads.
EU Payments May Restart In November
The European Commission expressed its willingness to restart payments on the European programmes as soon as possible, said the press office of Bulgaria's Government in a statement.
This became clear at a meeting of Bulgaria's caretaker deputy PM Iliana Tsanova and the European Commissioner for Regional Policy Johannes Hahn in Brussels.
Kristalina Georgieva: Bulgaria's EU Funds Absorption Inefficient
It is the inefficient management of EU funds, and not money shortage, that poses the biggest challenge to Bulgaria, incoming Vice President for Budget and Human Resources Kristalina Georgieva said.
In an interview with the Bulgarian National Television she added among her main priorities was to help Bulgaria to absorb EUR 16 B in the 2014-2020 period.
Bulgargaz Demands Gas Price Hike
State-owned gas company Bulgargaz has proposed to Bulgaria's energy regulator DKEVR the price for 1000 cubic meters of gas go up 1.59%, or BGN 9.54.
The same amount of gas currently stands at BGN 661.23.
Bulgargaz's demand comes against the backdrop of a 2.73% decrease in gas prices over the second quarter of 2014.
Novinite Switches to New Design
Novinite.com, Bulgaria's leading English-language website, has a new design.
Its new look will allow readers easier access to latest news and editors' highlights without leaving the usual sections of Novinite aside.
We encourage readers to submit any opinions, recommendations or proposals about our website's new appearance.
Sofia Municipality Sees Increase in Vehicle Tax Revenue
Sofia Municipality reported an increase of BGN 7M in revenue from motor vehicles taxes in 2014, compared to the previous year.
Revenues for the first nine months of 2014 are nearly BGN 347M, which is 65% of the annual plan. Implementation is 21% higher compared to the same period last year, Deputy Mayor for Finance Doncho Barbalov told Bulgaria's National Radio.
Bulgaria President, PM Commend Georgieva for EU Appointment
Kristalina Georgieva's promotion to the position of EU Commission Vice President for Budget and Human Resources shows the exceptional appreciation for her professionalism, President Plevneliev has said.
In a statement to the media, he has noted Georgieva had been conferred "one of the most important portfolios at the [European] Commission".
Sofia Court Delays Ruling on Anti-Putin Activist’s Extradition
Sofia City Court on Wednesday postponed until October 21 its decision on Russia's request for the extradition of anti-Putin activist Nikolai Kobliakov.
Until then Kobliakov will remain in Bulgaria. The court denied the request of Kobliakov's lawyers to grant him permission to temporarily leave the country on assignments relating to his projects.
Kristalina Georgieva Becomes EC Vice President Budget, Human Resources
Bulgaria's Kristalina Georgieva was appointed EC Vice President for Budget and Human Resources, reported the Bulgarian National Television public broadcaster.
The final list with the names of the new European Commissioners was published on the site of the Commission shortly before the start of the news conference at which Jean-Claude Juncker presented his team.
Bulgarian Authorities to Mull Tsvetan Vasilev’s Extradition, PM Says
Bulgarian authorities will discuss the possibility of seeking the extradition of KTB majority owner Tsvetan Vasilev from Serbia, caretaker PM Georgi Bliznashki said on Wednesday.
His comment was prompted by a statement by Vasilev's lawyer that his client was in Serbia's capital Belgrade and was working on a recovery plan for the troubled bank.