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FDI in Bulgaria in January-November 2016 was 953.7 mln euro

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By   3 days ago

Foreign direct investment in Bulgaria in the first 11 months of 2016 stood at 953.7 million euro, the equivalent of two per cent of the gross domestic product (GDP), statistics from the Bulgarian National Bank (BNB) showed on January 19. In the same period of 2015, FDI was 1.78 billion euro, but the original amount […]

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Bulgaria’s exports in January-November 2016 up 1.5% y/y – NSI

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By   1 week ago

Bulgaria’s exports in January to November 2016 were 1.5 per cent higher than in January-November 2015, while imports dropped by 1.8 per cent, the National Statistical Institute (NSI) said on January 12, citing preliminary figures. In January – November 2016, the total value of all goods exported from Bulgaria to both EU and non-EU countries […]

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Industry Watch: Plovdiv becoming industrial capital of Bulgaria

trakiya-industrial-zone-plovdiv

By   3 weeks ago

Plovdiv is increasingly establishing itself as the industrial capital of Bulgaria, according to economists and analysts from the Industry Watch think-tank. In the Trakiya Economic Zone alone, between 70 million and 130 million euro is being invested annually by Bulgarian and foreign companies, and in 2017, businesses in the region will be recruiting more than […]

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Bulgaria’s December 2016 business climate unchanged from November – poll

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By   3 weeks ago

A regular poll by Bulgaria’s National Statistical Institute (NSI) has found views of the country’s business climate in December largely unchanged compared with the previous month. In 2016, the NSI surveys found improvements in business sentiment in Bulgaria in January, February and March, a drop in April, and gains in May and June, followed by […]

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Bulgaria moves to reform law on managing Black Sea beaches ‘to improve quality of tourist service’

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By   4 weeks ago

Bulgaria’s outgoing Cabinet approved on December 28 amendments to the Black Sea Coast Spatial Planning Act that, if approved, would change the system for classification of beaches. The amendments have been proposed by Bulgaria’s Tourism Ministry. They are intended to enable the grouping and classification of beaches according to their geographical features – in the […]

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FDI in Bulgaria in January-October 2016 was 942M euro

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By   1 month ago

Foreign direct investment in Bulgaria in the first 10 months of 2016 stood at 942 million euro, the equivalent of 2.1 per cent of the gross domestic product (GDP), statistics from the Bulgarian National Bank (BNB) showed on December 16. In the same period of 2015, FDI was 1.75 billion euro, but the original amount […]

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Large Bulgarian tour operator files for bankruptcy

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By   1 month ago

Bulgarian tour operator Alfatour, described as one of the largest in the country, has filed for insolvency on December 13, sparking a row with its insurance company. Alfatour blamed the Arab Spring revolutions in Egypt and Tunisia, as well as bomb attacks in Turkey, for the loss of its “main destinations that account for 80 […]

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Bulgaria’s exports to non-EU countries drop 10.6% y/y in January – October 2016

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By   1 month ago

Bulgaria’s exports to non-EU countries were 10.6 per cent lower in January to October 2016 than in January – October 2015, the National Statistical Institute (NSI) said on December 12, citing preliminary figures. The country’s exports to non-EU countries added up to 11 973 million leva in January to October 2016, the NSI said. Among […]

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BG Culture View All →

116 films were produced in Bulgarian in 2015 – statistics institute

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By   8 months ago

Sofia, May 20, 2016/ Independent Balkan News Agency By Clive Leviev-Sawyer of The Sofia Globe A total of 116 full-length, medium-length and short films were produced in Bulgaria in 2015, the National Statistical Institute (NSI) said on May 20 2016. Of these, 45 were made for cinema release, 71 for television, one of these a […]

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Bulgaria to confer highest state honour on Orthodox Church head

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By   1 year ago

Sofia, October 13, 2015/Independent Balkan News Agency Bulgaria’s Cabinet said on October 13 that it had proposed to head of state President Rossen Plevneliev to confer the country’s highest state honour, the Stara Planina first degree, on Bulgarian Orthodox Church head Patriarch Neofit. The recommendation was on the occasion of Neofit’s 70 birthday and for […]

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Archaeological site in central Sofia shut down for Culture Ministry check

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By   1 year ago

Sofia, October 13, 2015/Independent Balkan News Agency Bulgaria’s Culture Ministry said on October 13 that it has ordered the suspension of all conservation work at the Largo archaeological site in central Sofia for an indefinite period of time, during which a team of architects and archaeologists will carry out an assessment of the work carried […]

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Plevneliev: Bulgaria should not rest until getting Tsar Samuil’s bones from Greece

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By   2 years ago

Sofia, June 8, 2015/ Independent Balkan News Agency By Clive Leviev-Sawyer of The Sofia Globe Bulgarian head of state President Rossen Plevneliev used the June 8 ceremony of the unveiling of a controversial statue of Tsar Samuil in Sofia to call for the 10th century Bulgarian ruler’s bones to be transferred to Bulgaria from their current […]

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Controversy surrounds new statue of Tsar Samuil in Sofia

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By   2 years ago

Sofia, June 8, 2015/ Independent Balkan News Agency By Clive Leviev -Sawyer of The Sofia Globe Surrounded by controversy, a four-metre-high statue of 10th century Bulgarian ruler Tsar Samuil was to be unveiled in central Sofia on June 8, amid calls for a postponement and rethink of the placing of the statue and with the […]

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1st Sofia Literary Festival 2013

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By   3 years ago

  For the first time in Sofia: Sofia International Literary Festival December 10-15, National Palace of Culture, Marble foyer Literature does not recognize any borders is the festival’s slogan. It will gather more than 60 participants from Bulgaria and other Balkan countries. The ambition of the organizers – the Bulgarian Book Association –  is to […]

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Bulgarian, Turkish archaeologists undergo diving training

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By   3 years ago

  By Clive Leviev – Sawyer of The Sofia Globe About 30 archaeologists from Bulgaria and Turkey received diving training this summer as part of a joint project between the centre for underwater archaeology in Sozopol, Bulgaria, and the association for cultural heritage in Kirklareli, Turkey, Bulgarian National Television (BNT) reported on December 11. The […]

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Archaeology: Thracian temple, sanctuary of Zeus and Hera found in Bulgaria’s Sredna Gora

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By   4 years ago

  Archaeologists in Bulgaria have found a Thracian temple and a sanctuary of Zeus and Hera in Sredna Gora in the central part of the country. The discovery was made at a dig in the Kozi Gramadi region near the village of Starosel in the Hissarya municipality by a team of archaeologists from the National […]

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BG Energy View All →

Bulgaria, Serbia sign gas interconnector memorandum

Petkova Antic

By   3 days ago

Bulgaria and Serbia energy ministers signed on January 19 a memorandum of understanding on the construction of the interconnector pipeline between the two countries. The document underscored the political will in the two countries to build the pipeline, Bulgarian Energy Minister Temenouzhka Petkova said in a statement. The project was a key component of Bulgaria’s […]

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Bulgaria halts electricity exports on January 13 as winter cold bites

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By   1 week ago

Bulgarian Energy Minister Temenuzhka Petkova has ordered that the country halts exporting electricity on January 13 2017 to ensure power supply for Bulgarian consumers as the country’s power grid comes under pressure because of several days of severely low temperatures. The order follows similar moves by Greece, which has suspended electricity exports on January 11 […]

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Bulgaria-Romania gas interconnector pipeline finished

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By   2 months ago

Bulgarian Prime Minister Boiko Borissov opened at a ceremony on November 11 the gas interconnector pipeline with Romania, describing it as a key step towards diversification of gas supply sources and strengthening Bulgaria’s energy security. This is the first of three interconnector pipelines Bulgaria plans to build with neighbouring countries, but link-ups with Serbia and […]

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Bulgaria, Slovakia gas grid operators to co-operate on gas hub project

eustream

By   3 months ago

The gas grid operators of Bulgaria and Slovakia signed a memorandum of understanding that envisions the two companies, Bulgartransgaz and Eustream, working together on “improving the security of gas deliveries” in Central and Eastern Europe, in particular the two major gas infrastructure projects championed by their respective governments – the Balkan gas hub and the […]

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Bulgaria’s Parliament sets up ad hoc committee to investigate Belene nuclear power station project

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By   3 months ago

Bulgaria’s Parliament has voted to set up ad hoc committee, headed by nationalist minority coalition Patriotic Front co-leader Valeri Simeonov, to investigate all “data, facts and circumstances” regarding decision-making and actions about the Belene nuclear power station project between 2006 and the end of September 2016. The Belene project, first proposed at the time of […]

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Bulgaria anti-trust regulator accuses six petrol retailers of price-fixing cartel

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By   3 months ago

Sofia, October 10, 2016/Independent Balkan News Agency Bulgaria’s Commission for Protection of Competition (CPC) said on October 10 that it has found evidence of a cartel agreement between six of the country’s largest petrol and diesel fuel retailers. The accusation comes after an eight-month investigation opened in February, which found that the six companies entered […]

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Bulgaria, Cyprus energy ministers discuss gas delivery routes

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By   4 months ago

Sofia, September 26, 2016/Independent Balkan News Agency By Clive Leviev-Sawyer of The Sofia Globe Cyprus could play an important role in two projects meant to offer new sources of gas supply for Bulgaria, Energy Minister Temenouzhka Petkova told reporters on September 26 after meeting with her Cypriot counterpart Yiorgos Lakkotrypis, public broadcaster Bulgarian National Radio […]

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EU preparing meeting with Russia on Bulgaria gas hub – report

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By   4 months ago

Sofia, September 19, 2016/Independent Balkan News Agency By Clive Leviev-Sawyer of The Sofia Globe The European Commission is working on preparations to host a Bulgaria-Russia-EU meeting to discuss the proposed gas hub near the Bulgarian port of Varna, Bulgarian news website Mediapool.bg reported on September 19, quoting Deputy Prime Minister Tomislav Donchev. Donchev said that […]

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BG Finance View All →

Industry Watch: Plovdiv becoming industrial capital of Bulgaria

trakiya-industrial-zone-plovdiv

By   3 weeks ago

Plovdiv is increasingly establishing itself as the industrial capital of Bulgaria, according to economists and analysts from the Industry Watch think-tank. In the Trakiya Economic Zone alone, between 70 million and 130 million euro is being invested annually by Bulgarian and foreign companies, and in 2017, businesses in the region will be recruiting more than […]

Read More →

Bulgaria moves to reform law on managing Black Sea beaches ‘to improve quality of tourist service’

bulgaria-beach-summer-holiday-tourism-tourist-photo-clive-leviev-sawyer-1024x768

By   4 weeks ago

Bulgaria’s outgoing Cabinet approved on December 28 amendments to the Black Sea Coast Spatial Planning Act that, if approved, would change the system for classification of beaches. The amendments have been proposed by Bulgaria’s Tourism Ministry. They are intended to enable the grouping and classification of beaches according to their geographical features – in the […]

Read More →

Bulgaria, Slovakia gas grid operators to co-operate on gas hub project

eustream

By   3 months ago

The gas grid operators of Bulgaria and Slovakia signed a memorandum of understanding that envisions the two companies, Bulgartransgaz and Eustream, working together on “improving the security of gas deliveries” in Central and Eastern Europe, in particular the two major gas infrastructure projects championed by their respective governments – the Balkan gas hub and the […]

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Bulgarian consumer confidence largely unchanged in October – poll

finance-clima

By   3 months ago

Consumer confidence among Bulgarians in October was largely unchanged since the previous poll in July, the National Statistical Institute (NSI) said on November 4. This means that it remains well above the average for the regular surveys, measured since 2005. The consumer confidence indicator is an arithmetic mean of the balances of the expectations about […]

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Poll: Bulgarian business climate drops in October 2016

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By   3 months ago

A regular poll by Bulgaria’s National Statistical Institute (NSI) found a more negative view of the Bulgarian business climate in October 2016, down by 1.3 percentage points compared with September, mainly because of more negative perceptions in industry and the retail trade. While a more unfavourable business climate was registered in industry and the retail […]

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Finance Ministry: Bulgaria gets ‘high marks’ from World Bank, IMF

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By   4 months ago

Sofia, October 8, 2016/ Independent Balkan News Agency By Clive Leviev-Sawyer of The Sofia Globe Bulgaria received high marks from the World Bank and International Monetary Fund for its fiscal policy and accelerated economic growth in the past year and a half, the Finance Ministry said on October 8. The ministry said that the positive […]

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Poll finds views of Bulgarian business climate unchanged in September 2016

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By   4 months ago

Sofia, September 29, 2016/ Independent Balkan News Agency By Clive Leviev-Sawyer of The Sofia Globe A regular poll by Bulgaria’s National Statistical Institute (NSI) has found views of the country’s business climate unchanged in September 2016, compared with the previous month. The finding comes a month after an NSI survey found opinions of the business […]

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World Bank to help Bulgaria better protect its nature

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By   4 months ago

Sofia, September 29, 2016/ Independent Balkan News Agency By Clive Leviev-Sawyer of The Sofia Globe The World Bank will help Bulgaria protect and better manage its natural assets, like forests and air, as well as mitigate the risks of climate change, the Bank said in a statement. Two contracts for analytical and advisory services were […]

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BG Politics View All →

Bulgaria, Serbia sign gas interconnector memorandum

Petkova Antic

By   3 days ago

Bulgaria and Serbia energy ministers signed on January 19 a memorandum of understanding on the construction of the interconnector pipeline between the two countries. The document underscored the political will in the two countries to build the pipeline, Bulgarian Energy Minister Temenouzhka Petkova said in a statement. The project was a key component of Bulgaria’s […]

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Bulgarian MEPs call on EC to act against threatened Greek border blockade

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By   4 days ago

Bulgaria’s 18 members of the European Parliament, from all parties, issued a joint statement on January 18 2017, calling on the European Commission to act a planned border blockade by protesting Greek farmers. The Bulgarian MEPs expressed sharp disagreement with the “passive position” taken by the European Commission during a lengthy border blockade by protesting […]

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Bulgaria chooses logo for its 2018 EU presidency

Bulgaria EU presidency logo

By   5 days ago

Bulgaria has chosen the logo it will use while holding the rotating presidency of the European Union in January to June 2018. The winning entry in a competition to design the logo is by Todor Angeliev, who got 76 out of 90 possible points, defeating 179 rivals. The logo includes three elements – the colours […]

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Bulgarian Parliament postpones decision on November 2016 referendum outcome

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By   2 weeks ago

Bulgaria’s National Assembly rejected on January 11 a proposal by Boiko Borissov’s GERB party to debate the outcome of the November 2016 referendum and to adopt a majoritarian system to elect the next Parliament. GERB wanted the current National Assembly – which has an expected lifespan of less than two weeks – to back moves […]

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Bulgarian MPs in drama over last-minute bid for majoritarian election system

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By   2 weeks ago

The sands of time are running out for Bulgaria’s current Parliament, but MPs from Boiko Borissov’s GERB party are mounting an 11th-hour bid to legislate a wholly new voting system that would see the National Assembly elected by majoritarian vote. The current National Assembly is expected to be dissolved in the days after Roumen Radev […]

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Bulgaria expelled 1410 non-EU migrants from the country in 2016 – Interior Ministry

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By   2 weeks ago

Bulgarian Migration Directorate officials in 2016 expelled a total of 1410 people, mostly citizens of Iraq and Afghanistan, who had been in the country illegally, the Interior Ministry said on January 9. This was 77 per cent higher than in 2015, when 797 people were sent out of the country, the ministry said. Most of […]

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Bulgarian former justice minister’s new political party to hold constituent meeting on January 7

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By   2 weeks ago

A new political party, Yes Bulgaria ( Да, България) in which former justice minister Hristo Ivanov has a central role in founding, will hold its constituent meeting in capital city Sofia on January 7. Ivanov had the justice portfolio in Boiko Borissov’s second government, but resigned in November 2015 on principle in protest against the […]

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Bulgarian Border Police chief: Illegal migration significantly down in 2016

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By   1 month ago

Bulgaria’s Border Police director-general Svetlan Kichikov says that the migration pressure situation in Bulgaria and there are days on which there are no attempts at illegal border-crossings. He presented figures that illegal border-crossings from January 1 to December 19 2016 were down on the figures for the same period of 2015, while the number of […]

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BG Social View All →

Bulgarian MEPs call on EC to act against threatened Greek border blockade

rs

By   4 days ago

Bulgaria’s 18 members of the European Parliament, from all parties, issued a joint statement on January 18 2017, calling on the European Commission to act a planned border blockade by protesting Greek farmers. The Bulgarian MEPs expressed sharp disagreement with the “passive position” taken by the European Commission during a lengthy border blockade by protesting […]

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Frozen Danube causes traffic problems at Bulgaria’s checkpoints at Turkish border

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By   1 week ago

Queues of lorries stretching several kilometres built up at two of Bulgaria’s checkpoints at the Turkish border on January 13 as the icing over of the Danube River caused the suspension of ferry services and the closure of three border points. Bulgaria’s Interior Ministry said that the border checkpoints at Oryahovo, Nikopol and Svishtov were […]

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Bulgaria halts electricity exports on January 13 as winter cold bites

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By   1 week ago

Bulgarian Energy Minister Temenuzhka Petkova has ordered that the country halts exporting electricity on January 13 2017 to ensure power supply for Bulgarian consumers as the country’s power grid comes under pressure because of several days of severely low temperatures. The order follows similar moves by Greece, which has suspended electricity exports on January 11 […]

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Bulgaria expelled 1410 non-EU migrants from the country in 2016 – Interior Ministry

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By   2 weeks ago

Bulgarian Migration Directorate officials in 2016 expelled a total of 1410 people, mostly citizens of Iraq and Afghanistan, who had been in the country illegally, the Interior Ministry said on January 9. This was 77 per cent higher than in 2015, when 797 people were sent out of the country, the ministry said. Most of […]

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Bulgaria expelled 1410 non-EU migrants from the country in 2016 – Interior Ministry

bg

By   2 weeks ago

Bulgarian Migration Directorate officials in 2016 expelled a total of 1410 people, mostly citizens of Iraq and Afghanistan, who had been in the country illegally, the Interior Ministry said on January 9. This was 77 per cent higher than in 2015, when 797 people were sent out of the country, the ministry said. Most of […]

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Unemployment in Bulgaria drops to 7.1%, again below EU average

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By   2 weeks ago

Unemployment in Bulgaria was 7.1 per cent in November 2016, down from 7.9 per cent a year earlier, continuing the trend of being below the average for the European Union. This is according to seasonally-adjusted unemployment rate figures released by EU statistics agency Eurostat on January 9. Eurostat estimated that in November 2016, about 264 […]

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Bulgarians ‘spent a billion euro’ over Christmas-New Year – report

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By   2 weeks ago

Bulgarian consumers spent more than two billion leva (about a billion euro) between December 20 and 31, going by National Revenue Agency data from cash registers connected to its system, a report said. Over the past five years, each of these days saw spending of about 200 million leva a day within Bulgaria, according to […]

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Danube River partly frozen near Bulgarian town of Silistra

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By   2 weeks ago

An ice cover of about 50 per cent formed on the Danube River near the Bulgarian town of Silistra, according to data from the local hydrological station on January 8. Near Oryahovo and Svisthov, ice cover was about 30 per cent and in the region of Novo Selo and Lom about 10 per cent. Currently, […]

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BG Sports View All →

Winners and medals of IBNA countries

Rio 2016

By   5 months ago

Rio, August 22, 2016/Independent Balkan News Agency By Spiros Sideris The Rio Olympic Games of 2016 gave on Sunday evening with a spectacular ceremony their place to Tokyo, which will host the 2020 Games. Impressive were the performances of the Balkan countries among 206 countries. The Independent Balkan News Agency LTD presents the rankings based […]

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Bulgaria’s Pironkova wins in Australian Open first round, women’s seeds tumble

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By   2 years ago

Sofia, January 20, 2015/ Independent Balkan News Agency By Clive Leviev-Sawyer of the Sofia Globe Bulgaria’s top female tennis player Tsvetana Pironkova made a flying start in the Australian Open, the first tennis Grand Slam of the year, defeating the British number one Heather Watson in straight sets 6-4, 6-0. Both players came into the […]

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Thirteen arrested after brawl at Levski – Partizan Belgrade basketball match

levski partizan

By   2 years ago

By Clive Leviev-Sawyer of the Sofia Globe Thirteen people were arrested a fight in the stands between fans at a Levski Sofia – Partizan Belgrade basketball match, Bulgaria’s Interior Ministry said on November 16 2014. Levski faces sanctions over the incident, in which police had to intervene after the private security firm hired for the […]

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Bulgaria’s Euro 2016 qualifying chances dwindle

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By   2 years ago

  By Clive Leviev-Sawyer of the Sofia Globe Bulgaria’s national football team lost twice in the span of four days to see its chances of qualification to the 2016 European championship final tournament drastically reduced. After losing to Croatia 0-1 in Sofia on October 10, the team was expected to put up more of a […]

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Bulgaria makes winning start to Euro 2016 qualifying campaign

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By   2 years ago

  By Clive Leviev-Sawyer of the Sofia Globe A late goal from substitute Ventsislav Hristov gave Bulgaria a 2-1 win away against Azerbaijan in its first qualifying match for the 2016 European football championship. Missing key players both in defence and attack, Bulgaria started the game slowly and the hosts had the better chances to […]

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Bulgaria’s Dimitrov left to rue missed opportunities as he exits US Open

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By   2 years ago

  By Clive Leviev-Sawyer of the Sofia Globe Grigor Dimitrov’s run at the US Open came to an end in the fourth round with a loss to Frenchman Gael Monfils in straight sets 5-7, 6-7, 5-7 on September 2. Dimitrov came into the match favoured, but there was little to separate the two players early […]

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Bulgaria’s Dimitrov bounces back to advance to US Open fourth round

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By   2 years ago

  By Clive Leviev-Sawyer of the Sofia Globe Grigor Dimitrov recovered after dropping the first set against David Goffin of Belgium to advance to the fourth round of US Open late on August 31, setting up a clash against Frenchman Gael Monfils. The match had to be rescheduled from the Arthur Ashe stadium and seventh-seed […]

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Bulgaria’s Dimitrov scores first US Open win

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By   2 years ago

  By Clive Leviev-Sawyer of the Sofia Globe Bulgaria’s Grigor Dimitrov notched his first win at the US Open, defeating American wild-card Ryan Harrison in straight sets to win his first career match at Flushing Meadows late on August 27. Dimitrov had lost in the first round of the last tennis Grand Slam tournament of […]

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