Bulgaria capitals

Bulgaria’s central bank increases capital buffer as lending risk remains high

SOFIA, Sept 30 (Reuters) – Bulgarian banks will need to accumulate more capital in 2023 to counter the build-up of systemic risks from still high borrowing levels and heightened economic uncertainty amid war in Ukraine, the central bank said. The National Bank of Bulgaria on Thursday evening set the countercyclical capital buffer rate at 2.0% […]

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Bulgaria to hold elections overshadowed by war in Ukraine | app

SOFIA, Bulgaria (AP) — Bulgarians will go to the polls for the fourth time in less than two years in a general election eclipsed this time by war in Ukraine, rising energy costs and runaway inflation. Pollsters expect voter fatigue and disillusion with the political system to result in low turnout and a fragmented parliament […]

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FairPlay Properties in Bulgaria will distribute half of first half profits as dividend

SOFIA (Bulgaria), September 26 (SeeNews) – Bulgarian Real Estate Investment Company (REIT) FairPlay Properties [BUL:FPP] said its shareholders approved the proposed distribution of a gross dividend of 0.0084 lev per share for the first half of 2022. The REIT will pay out a total of 411,481 leva ($202,950/210,386 euros) to its investors, the company said […]

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Should you buy Korado-Bulgaria AD (BUL:KBG) for its upcoming dividend?

Readers hoping to buy Korado-Bulgaria AD (BUL:KBG) for its dividend will have to come shortly, as the stock is set to trade ex-dividend. Generally, the ex-dividend date is one business day before the record date which is the date a company determines which shareholders are eligible to receive a dividend. It is important to know […]

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Better than Bulgaria but not as nice as Cuba: how did the United States become such a terrible place to live? | Arwa Mahdawi

OWhat do you call a country where almost 1 in 10 adults have medical debt and a broken bone can send you bankrupt? A country where a city of over 160,000 people recently had no clean water for weeks? A country where life expectancy is falling for the second consecutive year and where the poor […]

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Bulgaria celebrates 114 years of independence – Novinite.com

Bulgarians are celebrating 114 years since the declaration of the Independence from Bulgaria. The day has been celebrated as an official national holiday in the country since 1990. September 22 (October 5, old style) in 1908 in Veliko Tarnovo, with a manifesto by Knyaz Ferdinand I, the Independence of Bulgaria was declared. It was recognized […]

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See the stunning Seven Rila Lakes and more on this tour in Bulgaria

The Rila Mountains in southwestern Bulgaria are known to be the highest mountain ranges in the entire Balkan region and home to some of the most beautiful sights and incredible experiences travelers can have in Bulgaria. Just a few kilometers from the capital Sofia, Rila unveils the stunning snow-capped mountains of Rila National Park, the […]

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Pragmatic Play expands its presence in the EU and opens a studio in Bulgaria

The iGaming industry’s leading content provider, Pragmatic gameannounced that it was further expanding its European presence by opening a new studio. Pragmatic Play opens a new studio in Bulgaria On Monday, the company unveiled it opened a brand new live casino studio located in Sofiathe capital of Bulgaria. The new live casino location will provide […]

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Miss World Bulgaria – Margo Cooper is set to make her music video debut with Vatsal Seth – Bollywood Galiyara

Actress and tarot card reader Munisha Khatwani Thakur celebrated her birthday on September 18 and invited her friends from the industry, Thethe TV gang knows how to let their hair down; they were seen relaxing and having fun. The night saw foot tapping music, dancing and lots of fun conversation-tions. Munisha, who married entrepreneur Sameer […]

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Korado-Bulgaria AD (BUL:KBG) announced a dividend of BGN 0.10

The advice of Korado-Bulgaria AD (BUL:KBG) announced that it will pay a dividend of BGN 0.10 per share on October 12. This means that the annual payout is 4.1% of the current share price, which is above the industry average. Check out our latest analysis for Korado-Bulgaria AD Korado-Bulgaria AD revenue easily covers distributions We […]

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Bulgaria struggles to get gas supplies after refusing ruble payment for Russian gas

Russia halted natural gas deliveries to Bulgaria in April after the government in Sofia refused to pay in roubles. Bulgaria has been almost totally dependent on imports from Gazprom for most of its gas supply: the three billion cubic meters of annual imports from Russia have covered almost 90% of Bulgaria’s gas demand. For all […]

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These are the 10 most iconic things to do in Bulgaria

Europe is such a big place with so many countries. When looking for a unique experience on such a vast continent, Bulgaria is perhaps one of the best destinations to visit. In addition to being one of the oldest countries in Europe, this country has a rich history, numerous UNESCO World Heritage sites and a […]

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Bank charges in Bulgaria continue to rise – Novinite.com

The upward trend costs this banks collect for various products and services keep on going. The next increase has been a fact since the beginning of August, mainly referring to the service in the branches. The explanation is that, in addition to inflation, the administrative costs of maintaining a branch network services locally more expensive. […]

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From Manali to Bulgaria to London and many other places where Ranbir Kapoor, Alia Bhatt’s film was filmed

First published September 12, 2022, 12:34 PM IST As Bollywood’s highly anticipated Brahmastra premiered last weekend, we take you to breathtaking locations and times where Alia Bhatt’s film Ranbir Kapoor was filmed. Photo courtesy: Instagram Brahmastra: Part One Shiva, a highly anticipated Bollywood film that has been made over 11 years and with an estimated […]

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Hyatt to add five all-inclusive hotels on Bulgaria’s Black Sea coast

Hyatt has announced plans to add the first Bulgarian hotels as part of its recently launched Inclusive Collection. Existing properties in the Black Sea resort are set to join the collection by 2024, after “extensive renovations”, and will add nearly 2,000 rooms in destinations including Sunny Beach and the seaside town of Obzor. They will […]

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There is a crying need for labor in Bulgaria: cooks and tailors are in high demand – Novinite.com

The company urgently needs nearly 240,000 workers and specialists in various fields. The biggest shortages are for tailors, vendors, machine operators and cooks. More than 70% of employers in Bulgaria find it difficult to find Personal in these areas. The data comes from a study by the Employment Agency. A restaurant in Blagoevgrad was looking […]

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bne IntelliNews – Opposition party demands resignation of ‘pro-Russian’ Bulgarian energy minister

Democratic Bulgaria has demanded the immediate withdrawal of acting energy minister Rossen Hristov over his efforts to put the country back into Russia’s energy orbit, it said in a September 9 statement. Hristov refused to buy six of the seven tankers with US liquefied natural gas (LNG) agreed to by the former government of Kiril […]

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Minister of Energy: Moscow has decided not to supply gas to Bulgaria – Novinite.com

Energy Minister Rosen Hristov @Capital “The Kremlin has decided that Gazprom will not work with Bulgaria”. That’s what Acting Energy Minister Rosen Hristov said in an interview with German journalist Rebecca Stegmann, granted to “Capital”. “There is a decision in Russia this Gazprom does not work with us. I don’t know if it’s official or […]

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The Bulgarian group Intercapital launches the sale of rights as part of a plan to raise the ceiling

SOFIA (Bulgaria), September 8 (SeeNews) – Bulgarian financial services company Intercapital Group [BSE:ICG] said on Thursday it was initiating a capital raising process through a rights issue at the rate of two rights for each new preferred share in the company. Intercapital Group will offer existing investors 1,925,000 non-voting preferred shares at a par value […]

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In Review: Bulgarian IPO Rules

All the questions Introduction Bulgarian financial markets are dominated by bank loans. Despite the war in Ukraine since February 2022, the covid-19 pandemic since 2020 and recent inflation (all of which have had direct or indirect negative impacts on the Bulgarian economy), Bulgarian banks remain highly liquid (class d (key assets held by the Bulgarian […]

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Bulgarian group Sirma completes exit from Sirma AI unit

SOFIA (Bulgaria), September 5 (SeeNews) – Bulgarian software developer Sirma Group Holding [BUL:SGH] declared that it had finalized the sale of its majority stake in the subsidiary Sirma AI to a fund of the London-based investment firm Integral Venture Partners, for an overall valuation of the target business of 28.5 million euros (28.3 millions of […]

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Turkey claim second Group A win over Bulgaria at EuroBasket

ISTANBUL Turkey beat Bulgaria 101-87 on Saturday to taste their second win at EuroBasket 2022. Turkey led 31-29 at the end of the first quarter but Bulgaria got off to a good start in the second half, taking a 23-19 lead. The Turkish side put on an emphatic performance late in the third quarter, producing […]

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Bulgarian President blamed “Petkov” cabinet for new gas price and defended talks with Gazprom – Novinite.com

Kiril Petkov (left) and Rumen Radev (right) President Roumen Radev described as shocking the price natural gas for September after returning from an official visit to the United Arab Emirates. Yesterday, the Energy and Water Regulatory Commission (EWRC) decided to increase the the price by almost 19% compared to August and stands at 353.21 BGN/Mwh. […]

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#CCPinCEE | Chinese influence in Bulgaria

China uses different tools to increase its influence: Media and social media: The Chinese government disseminates propaganda through social media and some online and print media in Bulgarian that it owns or funds. For instance, China today (Китай днес) is a weekly covering Chinese domestic and foreign policy and bilateral relations, published by the same […]

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Bulgaria: test case of the militarization of Gazprom

Earlier this month, Russian gas giant Gazprom said gas flow through the Nord Stream 1 pipeline would need to be stopped for further maintenance. The fear this announcement has sparked in European capitals, even as gas storage is filling up earlier than expected, speaks volumes about Europe’s predicament: there is no quick fix to dependence […]

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Ukrainian charity fund supporting children starts operations in Bulgaria – Novinite.com

The international foundation alongside Ukraine supportyouing Ukrainian mothers and children started its activities in Bulgaria. Its goal is to give the future generation of Ukrainians a chance to grow up healthy, strong and prosperous, and to have the right to a happy and peaceful life. The aim of the foundation is to help families with […]

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Bulgaria’s ImPulse I Revenue from Seed Investments Grows 163% in 12 Months

SOFIA (Bulgaria), August 25 (SeeNews) – Bulgarian investment company ImPulse I [BUL:IMP] said on Thursday that the median revenue generated by its portfolio of investments in start-up companies increased by 163% in the 12 months to the end of June. Up to 25% of funds raised in the company’s initial public offering (IPO) held in […]

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12 venture capital funds in Bulgaria that support local startups

Having an innovative idea for a startup is amazing. But do you know what changes the situation? That’s right, raising capital. Some will say that it is difficult to receive start-up funding in Bulgaria, and they are right. That was about a decade ago, when the local startup ecosystem was virtually non-existent. Today, this claim […]

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Bulgarian Fibank places a 10 million euro bond in the 4th tranche of the issuance program

SOFIA (Bulgaria), August 24 (SeeNews) – Bulgaria’s leading investment bank [BUL:FIB]or Fibank, said it issued a 10 million euro ($9.95 million) bond through a private placement, as part of its ongoing one-year bond issuance program with a maximum value of 100 million euros. The debt security, which has attracted strong investor interest, is the first […]

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Top 10 things to do in Bulgaria

Bulgaria is an up-and-coming summer destination for travelers looking to explore Europe on a budget. It’s no secret that Eastern Europe offers lower prices and attracts fewer people than many Western European countries. However, there is no shortage of things to do and see in Eastern European countries like Bulgaria. Bulgaria is beautiful all year […]

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Bulgaria: There are no guaranteed quantities of natural gas for October – Novinite.com

“Things with the interconnection with Greece are under control, the whole country has mobilized. A lot of time has been lost, in which nothing has really been donedeclared during a press briefing Hristo Alexiev, acting Deputy Prime Minister in charge of economic policies and Minister of Transport and Communications, president of the crisis unit. According […]

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USA Greco-Roman wrestling wraps up U20 World Championships in Bulgaria

Photo of Max Black by Taylor Gregorio, USA Wrestling. Sofia, Bulgaria – Team USA wrapped up their U20 World Championships on Sunday in Sofia, Bulgaria. The team took a bronze medal from Aden Attao at heavyweight and 39 points for a 12th place finish. Max Black finished the competition for the Red, White and Blue […]

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B2Holding ASA signs an agreement for the sale of a subsidiary in Bulgaria

B2Holding has signed an agreement to sell 100% of the shares in its Bulgarian subsidiary, Debt Collection Agency EAD (“DCA”), to a local Special Purpose Vehicle company. The total proceeds received from the sale of DCA is EUR 48.4 million which after adjustments represent close to 100% of the book value of the portfolios. The […]

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Bulgarian Tchaikapharma posts 5% year-on-year drop in first-half net profit, expects cap hike

SOFIA (Bulgaria), August 17 (SeeNews) – The Bulgarian company Tchaikapharma High Quality Medicines [BUL:7TH] said on Wednesday its consolidated net profit in the first half of 2022 fell to some 2.6 million levs ($1.35 million/€1.3 million) from 2.72 million levs in the same period of 2021. The company’s operating income rose to 23 million levs […]

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Bulgarian HR Capital completes €3.1m cap increase

SOFIA (Bulgaria), August 17 (SeeNews) – Bulgarian investment company HR Capital [BUL:HRC] said it completed a new share issue by which it increased its capital to just over 9.1 million levs ($4.7 million/4.65 million euros) from 3.04 million levs raises. The capital increase, which amounted to around 6.08 million levs, is now registered in the […]

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UPDATE 1 – Bulgaria’s GDP grows 4.8% YoY in Q2

SOFIA (Bulgaria), August 17 (SeeNews) – Bulgaria’s gross domestic product (GDP) grew 4.8% annually in the second quarter of 2022, following an annual rise of 4.5% in the three months to end of March, according to the statistics office said in a flash estimate on Wednesday. On a quarterly comparison basis, Bulgaria’s GDP grew by […]

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Croatia’s Drugi Plan, Bulgarian Agitprop Board Serbian Political Thriller ‘Sabre’ as Balkan TV Co-Production Market Heats Up

Croatia’s Drugi Plan and Bulgaria’s Agitprop, two of South East Europe’s leading production groups, have teamed up to co-produce upcoming drama series ‘Sabre’, a political thriller revolving around the 2003 assassination of Prime Minister Serbian Zoran Djindjic produced by Belgrade- based on This and That Productions. Created by Goran Stanković and Vladimir Tagić, the series […]

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Youngest person to circumnavigate the globe solo to land in Bulgarian capital on August 24 – The Sofia Globe

Mack Rutherford, 17, is due to land in the Bulgarian capital, Sofia, on August 24 to complete his bid to break the Guinness World Record for the youngest person to fly around the world solo in a small plane. Rutherford took off from Sofia – the location of its sponsor, ICDSoft – on March 23. […]

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Sofia stock indices close mixed, Eurohold Bulgaria drags SOFIX down

SOFIA (Bulgaria), Aug 11 (SeeNews) – Bulgarian equity indices (BSE) ended Thursday’s session on mixed results, with blue-chip SOFIX falling 0.39% to 614.74 points on the back of a 4.55% decline in energy and insurance group Eurohold Bulgaria [BUL:EUBG]. As many as 570,236 shares of Eurohold traded at an average price of 2.20 leva per […]

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The talented Greco-Roman team ready for the U20 World Championships in Bulgaria, August 15-21

Photo by Kodiak Stephens by Osvaldo Aguilar/UWW. Team USA is sending a young and talented Greco-Roman squad to the U20 World Championships in Sofia, Bulgaria. The tournament ends with the Greco-Roman competition, from August 19 to 21. Fans can watch all the action live on FloLutte. Leading the team are former World Team members Robert […]

Bulgaria sea coast

Bulgaria: book your bus tickets in advance for the southern Black Sea coast – Novinite.com

In the summer season and due to the interest in our seaside resorts, there are not enough free places on the buses. A check in the electronic system of one of the airlines showed that there are no southbound seats for today. Black Sea coastand tickets can still be purchased for destinations on the north […]

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Bulgarian Monbat H1 net profit not contraindicated drops 34% YoY due to lower sales

SOFIA (Bulgaria), August 9 (SeeNews) – Bulgarian car battery manufacturer Monbat [BUL:MONB] said its standalone net profit fell to 5.3 million levs ($2.8 million/€2.7 million) in the first six months of 2022, from just over 8 million levs a year earlier due to a drop in sales. Monbat’s overall revenue was 163 million levs in […]

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The “graffiti capital” of Bulgaria

Photo: Amos Chapple (RFE/RL) To share The “graffiti capital” of Bulgaria A sleepy town is transformed into a giant outdoor art gallery in an effort to rejuvenate rural life. A local couple walk past a wall with political figures interacting with cartoon characters in Staro Zhelezare on August 6. The political portraits seen in the […]

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Bulgarian caretaker government blocks gas connection with Greece

Workers at the construction site of the interconnected IGB gas pipeline, starting in Komotini, Greece and ending in Stara Zagora, Bulgaria, March 2022. Photo: EPA-EFE/DIMITRIS TOSIDIS. Bulgaria’s new caretaker government has taken steps to block the gas interconnector between Greece and Bulgaria, which was soon to deliver gas from Azerbaijan, media reported. Problems arose over […]

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Czech Aricoma acquires Bulgarian Musala Soft to expand SEE’s footprint

SOFIA (Bulgaria), August 4 (SeeNews) – Bulgarian software engineering services company Musala Soft has announced that it has agreed to be acquired by Czech industry player Aricoma Group in a deal that will will strengthen the buyer’s presence in South Eastern Europe (SEE) and increase its consolidated revenue to more than 400 million euros ($407.2 […]

Bulgaria capitals

Bulgarian capital Sofia steps up anti-Covid measures – The Sofia Globe

The regional health inspectorate in Sofia has issued an order introducing reinforced anti-epidemic measures in the Bulgarian capital, which will come into force on August 4 and will remain in force for 30 days. The district of the city of Sofia currently has the highest Covid-19 morbidity rate in Bulgaria, 467.86 per 100,000 inhabitants on […]

Bulgaria capitals

Accenture to Acquire Sentia in the Netherlands, Belgium and Bulgaria to Build Infrastructure Engineering Capabilities Across the Cloud Continuum

Accenture to Acquire Sentia in the Netherlands, Belgium and Bulgaria to Build Infrastructure Engineering Capabilities Across the Cloud Continuum AMSTERDAM; August 2, 2022 – Accenture (NYSE:ACN) has agreed to acquire Sentia’s businesses in the Netherlands, Belgium and Bulgaria. Based in the Netherlands, Sentia Group is a leading cloud consulting company that manages private and public […]

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Bulgaria: interim government until early elections in October | app

Bulgarian President Rumen Radev on Monday appointed an interim government ahead of a new round of parliamentary elections in early October in a bid to avert the country’s political and economic crisis. × This page requires JavaScript. Javascript is required for you to play premium content. Please enable it in your browser settings. kAm%96 >@G6 […]

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Bulgaria to hold snap elections after failed coalition talks | app

SOFIA, Bulgaria (AP) — Bulgaria is heading for new parliamentary elections this fall after the three largest parties in parliament failed to find common ground for a coalition government. Socialist Party leader Georgi Svilenski told reporters on Wednesday that efforts to form a viable coalition had failed because the proposed government strategy failed to garner […]

Bulgaria sea coast

Increase in the number of Russian tourists on the Bulgarian Black Sea coast – Novinite.com

Number of Russian tourists continues to grow, despite the difficult conditions caused by Russia’s war against Ukraine, which began on February 24. “Despite the complicated international situation, the lack of direct flights, a total of 33,584 visits from Russian tourists have been registered for January-May 2022 with one night in accommodation, own property, etc. The […]

Bulgaria capitals

EU provides €110 million for modernization of Voluyak – Dragoman in Bulgaria

The Cohesion Fund supports the doubling of lanes on the road to Serbia. THE European Commission (EC) has approved an allocation of €110 million from the European Union (EU) Cohesion Fund for the first phase of a project to upgrade the road linking the Bulgarian capital Sofia to the border with Serbia, as part of […]

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Accor opens a new hotel in Plovdiv, Bulgaria

Accor’s collection of upscale boutique hotels has officially opened its flagship property in Plovdiv, Bulgaria. Emporium Plovdiv – MGallery located in the reborn building with a history, surrounded by vibrant culture welcomes guests with the captivating history of the oldest continuously inhabited city in Europe. Travelers discovering Plovdiv will be enthralled by the bespoke design, […]

Bulgaria capitals

Bulgaria issues scorching weather warning for July 24 – The Sofia Globe

Bulgaria has issued the Code Orange hazardous weather warning for 17 out of 28 districts for July 24, with temperatures expected to reach 40 degrees Celsius or more in a number of cities. The 17 districts subject to Code Orange weather alert due to high temperature forecast are Vidin, Montana, Vratsa, Pleven, Veliko Turnovo, Rousse, […]

Bulgaria capitals

Hollywood is heading to Estonia, Bulgaria and beyond. Insiders tell how it goes

On the set of the Lithuanian series “Troll Farm” in Vilnius, Lithuania. (Berta Tilmantaite / For The Times) “Jurassic World Dominion” is one of the highest-grossing movies of the summer, the latest in the popular sci-fi franchise about dinosaurs battling humans for control of civilization. The film was shot in British Columbia, London and Hawaii. […]

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The United States plans to increase military aid to Bulgaria and support for the “Three Seas Initiative” – ​​Novinite.com

The United States plans to increase military assistance to the countries of the Black Sea region, in particular Bulgaria, Ukraine, Romania and Georgia. NATO is committed to increasing its presence in the region, in particular through the four new Battlegroups in Romania, Bulgaria, Hungary and Slovakia. The WE will support the Black Sea countries in […]

Bulgaria capitals

Bulgaria’s Fashion Supply IPO fails

SOFIA (Bulgaria), July 20 (SeeNews) – IPO of the Bulgarian ready-to-wear manufacturer Fashion Supply [BUL:FSN1] on the Bulgarian Business Accelerator Market (BEAM) on the Sofia Stock Exchange failed as investors subscribed for only 1.85% of the shares on offer on Wednesday, according to data from the exchange. As many as 12,068 shares were subscribed for […]

Bulgaria capitals

Bulgarian capital Sofia introduces first-stage anti-Covid measures – The Sofia Globe

The Bulgarian capital Sofia, classified as a Covid-19 red zone, has implemented first-stage measures against the spread of the disease since July 18, according to a statement from the municipality. It is now compulsory to wear protective masks in health establishments and social care homes, said Dr Dancho Penchev, chief of operational staff in Sofia. […]

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North Macedonia signs a protocol with Bulgaria and plans to take another step towards the EU

Six people were killed after the Russian military shelled a building in the eastern Ukrainian city of Toretsk, Ukrainian emergency service officials said July 18. “Early in the morning, the city of Toretsk was shelled. A two-story building with people inside was destroyed,” Ukraine’s State Service for Emergencies said in a statement on the social […]

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Bulgaria, North Macedonia envoys meet for EU bloc talks

Sofia, Bulgaria — The foreign ministers of Bulgaria and North Macedonia met in Sofia on Sunday to discuss the next steps in North Macedonia’s path to EU membership talks, a day after the parliament in Skopje voted in favor of a French proposal that should lift Bulgari’s veto on North Macedonia’s membership. the block. EU […]

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Bulgaria, North Macedonia envoys meet for EU bloc talks

SOFIA, Bulgaria (AP) — The foreign ministers of Bulgaria and North Macedonia met in Sofia on Sunday to discuss next steps in North Macedonia’s path to EU membership talks , a day after parliament in Skopje voted in favor of a French proposal that would lift Bulgari’s veto on North Macedonia joining the bloc. EU […]

Bulgaria capitals

Almost half of Bulgaria’s districts are Covid-19 yellow zones – The Sofia Globe

Thirteen of Bulgaria’s 28 districts are classified as Covid-19 yellow zones, according to figures from the July 13 update of the Unified Information Portal. This means they have a Covid-19 morbidity rate of between 100 and 249.9 per 100,000 population on a 14 day basis. The Bulgarian capital, Sofia, is about to be reclassified as […]

Bulgaria capitals

Attempt to ‘normalize’ relations with Bulgaria sparks protests in North Macedonia: Peoples Dispatch

Massive protests have taken place across North Macedonia in recent weeks against efforts to normalize relations with Bulgaria under the dictates of the European Union (EU). Nationalists and the left are taking part in the protests, with the North Macedonian government accused of undermining the country’s sovereignty by succumbing to EU dictates to ‘normalize’ relations […]

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Leader of “Democratic Bulgaria”: If we get the third term, we will try a technocratic government – Novinite.com

“To work towards a more technocratic government with a governance horizon of January 1, 2024.” What’s this “Democratic Bulgaria” (DB) Co-Chair Hristo Ivanov suggested to bTV. He clarified yesterday in parliament that if “Democratic Bulgaria“gets the third term, he will do everything possible to achieve it. According to him, leading politicians should step aside in […]

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Protests block North Macedonia’s capital over Bulgaria, EU compromise | world news

SKOPJE (Reuters) – The streets of Skopje, North Macedonia, were paralyzed on Friday amid protests over a proposed compromise deal with Bulgaria that would finally allow the Balkan country to begin long-awaited membership talks in the European Union. On Friday, hundreds of people parked their vehicles around government buildings in central Skopje as well as […]

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Bulgarian party fails to form coalition, bringing country closer to new elections

Ukraine has “significant potential” to advance its forces on the battlefield and must increase the intensity of its attacks against Russian forces, Ukrainian President Volodymyr Zelenskiy said in his July 21 speech. Live briefing: Russia’s invasion of Ukraine RFE/RL Live briefing gives you all the latest developments on the ongoing invasion of Russia, how Kyiv […]

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EU urges North Macedonia to support proposed deal with Bulgaria

SKOPJE, North Macedonia (AP) — European Council President Charles Michel on Tuesday urged North Macedonia to support a compromise proposed by France to end a dispute with neighboring Bulgaria that is blocking the country’s bid to join. long-delayed accession to the European Union. Violent protests erupted in North Macedonia’s capital Skopje, where protesters attempted to […]

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Protesters gather in Skopje for the third night against the compromise with Bulgaria

Russian President Vladimir Putin ordered his army to continue its offensive in eastern Ukraine after Kremlin forces took control of almost all of the Lugansk region as they crossed into Ukrainian territory of Donbass. On July 4, Putin said Russian forces “must carry out their tasks in accordance with previously approved plans” and said they […]

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Russian diplomats leave Bulgaria amid rising tensions

SOFIA, Bulgaria (AP) — Two Russian planes left Bulgaria on Sunday with dozens of Russian diplomatic staff and their families amid a mass deportation that has raised tensions between the historically close nations, a diplomat said Russian. Filip Voskresenski, a senior Russian diplomat, told reporters at the airport in the Bulgarian capital Sofia before flights […]

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Thousands of people demonstrate in North Macedonia against a compromise with Bulgaria

Outnumbered Ukrainian defenders continue to hold the line in the east against Russian forces who are making only “minimal gains”, British military intelligence said on July 20. Elsewhere, Ukrainian forces rammed a key bridge over the Dnipro River in Russian-occupied territory west of the river, British intelligence said in its daily bulletin, adding that although […]

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Dozens of Russian diplomats expelled from Bulgaria

SOFIA, Bulgaria (AP) — Two Russian planes were due to leave Bulgaria on Sunday with dozens of Russian diplomatic staff and their families amid a mass deportation that has raised tensions between the historically close nations, a diplomat said Russian. Filip Voskresenski, a senior Russian diplomat, told reporters at the airport in the Bulgarian capital, […]

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North Macedonia seeks support for deal with Bulgaria to unblock EU accession talks

SOFIA, Bulgaria (BLOOMBERG) — The government of North Macedonia has said it is starting consultations to find support for a European Union proposal to pave the country’s path to the bloc. The start of the Balkan country’s membership talks has been blocked by neighboring Bulgaria over a long dispute involving history and language. Bulgaria, which […]

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Bulgaria: since when will 25 cents be deducted from the price of fuel – Novinite.com

The delivery 25 cents for fuel was accepted by the National Assembly. However, what does this mean for the operation of gas stations, commented Georgi Tenev, lawyer at the Association of Fuel Dealers in Bulgaria. “The final price for individuals and legal entities will be visible at the entrance to the store. When paying our […]

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EBRD and CEECAT Capital exit Bulgarian Monbat under MBO deal

SOFIA (Bulgaria), June 29 (SeeNews) – Bulgarian car battery manufacturer Monbat [BUL:MONB] said the European Bank for Reconstruction and Development (EBRD) and private equity firm CEECAT Capital exited their joint stake in the company. The two shareholders disposed of their stakes through a management buyout (MBO) transaction with HoldCo Investment, which is indirectly owned by […]

Bulgaria capitals

Sofia, the Bulgarian capital, becomes the Covid-19 yellow zone – The Sofia Globe

The Bulgarian capital, Sofia, has crossed the threshold to be upgraded from Covid-19 green zone to yellow zone, according to the June 28 update of the Unified News Portal. A yellow zone means a morbidity rate between 100 and 249.9 per 100,000 population on a 14-day basis. As of June 28, Sofia’s 14-day morbidity rate […]

Bulgaria capitals

Beginning of the implementation of the Shipka tunnel project in Bulgaria

The Shipka Peak tunnel in the Balkan mountain range in Bulgaria will be carried out by the PSVT consortium. Bulgaria has awarded the design-build contract for the tunnel, which is part of the Gabrovo city bypass, for around US$200 million. The tunnel will pass under Shipka Peak, which rises 1,329 meters above sea level in […]

Bulgaria capitals

IMF Concludes 2022 Article IV Consultation with Bulgaria

Washington D.C.: On Friday, June 17, 2022, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Bulgaria and reviewed and approved the staff assessment without a meeting.[1] The Bulgarian economy has shown resilience during the pandemic. Thanks to political support, the economy rebounded in 2021 despite the health crisis […]

Bulgaria capitals

Bulgaria’s vote of no confidence could hamper EU enlargement

Sofia, Bulgaria — Bulgarian lawmakers on Wednesday approved a no-confidence motion against the country’s minority coalition government that could topple the centrist prime minister and further block Balkan countries’ efforts to join the European Union. The centre-right opposition GERB party tabled the motion last week, accusing the government of mismanaging public finances and economic policy […]

Bulgaria capitals

SeedBlink launches second round of funding in Bulgaria for Agriniser, an agritech startup

SeedBlinkthe European investment platform specializing in financing and scaling up technology startups, is launching a new funding round for Farmer, the Bulgarian company Agritech based in the United Kingdom, which has developed a digital market where one can buy and sell cereals. The funds will be used to support the startup’s expansion plans, with a […]

Bulgaria capitals

Bulgarian capital braces for series of protests as fate of government must be decided – The Sofia Globe

The Bulgarian capital, Sofia, is expected to see a series of large-scale protests in the week in which Prime Minister Kiril Petkov’s government faces a parliamentary vote of no confidence. Following the spontaneous demonstration outside the Parliament on June 16 after opposition parties banded together to vote against Nikola Minchev as Speaker of the National […]

Bulgaria capitals

Thousands of people turned out for Sofia Pride 2022 in Bulgaria – The Sofia Globe

Several thousand people moved on June 18 for the 15e Sofia Pride, the annual demonstration for equal rights of LGBTI people in Bulgaria. The weather in the Bulgarian capital, alternating rain and partly cloudy, did not prevent the organizers from waiting for a record attendance. Sofia Pride describes itself as “an annual pride march in […]

Bulgaria capitals

Bulgaria sets date for no-confidence vote amid protests

Protesters gather in support of the government in Sofia, Bulgaria on June 17. Photo by Svetoslav Todorov. The Bulgarian coalition will face a vote of no confidence next Wednesday, June 22, preceded by an emergency debate on Tuesday, Parliament announced on Friday. The minority cabinet of ‘We continue the change’ mandate holders, their closest allies […]

Bulgaria capitals

Bulgarian Monbat shareholders approve dividend distribution for 2021

SOFIA (Bulgaria), June 15 (SeeNews) – Bulgarian battery manufacturer Monbat [BUL:MONB] said its shareholders had approved the proposed payment of a gross dividend for 2021 in the amount of 5.5 million levs (2.9 million dollars/2.8 million euros), or 0.141 levs per share . The proposal was unanimously approved by investors attending the company’s general meeting […]

Bulgaria capitals

The Socialist Art Museum of Bulgaria presents the exhibition “The Last First” – The Sofia Globe

An exhibition called “The Last First” at the Museum of Socialist Art in the Bulgarian capital Sofia will be open to the public from June 17 to October 23, 2022. Nikolai Ushtavaliiski, Deputy Director of the National Gallery and curator of the exhibition, explains: “Through the image of Todor Zhivkov in the works of Bulgarian […]

Bulgaria capitals

Bulgarian municipality of Sofia sues over passport of child of same-sex couple – The Sofia Globe

The Municipality of Sofia filed a cassation appeal before the Administrative Court of Sofia against the obligation to issue the birth certificate necessary for a passport for the child of a same-sex couple, despite a decision by the Court of European justice, LGBTQ+ rights organization Deystvie said on June 13. In this high-profile case, the […]

Bulgaria capitals

Scholz fails to break through with Bulgaria over North Macedonia’s EU bid – POLITICO

German Chancellor Olaf Scholz pushed Bulgaria to lift its blockade on North Macedonia’s EU bid during a visit to Sofia on Saturday, but failed to move the long-running dispute forward. Scholz, who stopped in Sofia on a tour of the region’s main capitals, said after a meeting with Bulgarian Prime Minister Kiril Petkov he saw […]

Bulgaria capitals

Sofia stock indices close evenly, Korado Bulgaria leads declines

SOFIA (Bulgaria), June 10 (SeeNews) – Two of the four main indices of the Bulgarian Stock Exchange (BSE) ended the trading week down, with First Investment Bank, or Fibank, [BUL:FIB] set the tone for top-notch losers, according to exchange data. The SOFIX index edged down 0.04% to 620.06 points as losses were covered by a […]

Bulgaria capitals

Bulgarian company Digitall to expand into Poland targeting major Central and Eastern European hub

SOFIA (Bulgaria), June 9 (SeeNews) — Technology and business consultancy Digitall announced on Thursday that it is expanding its presence in Poland in a bid to strengthen its position in the digital transformation and cloud experience in Europe. The company, formed in early 2021 by the merger of Bulgarian software company Bulpros and German ec4u, […]

Bulgaria capitals

US-funded renovation of Thracian tomb near Sveshtari in Bulgaria unveiled – The Sofia Globe

The newly renovated Thracian tomb near Sveshtari in northeastern Bulgaria was inaugurated on June 7, according to a statement from the US Embassy in Sofia. The renovations were made possible by the American Ambassadors Fund for Cultural Preservation (AFCP), which provided more than 330,000 leva to preserve the UNESCO-designated cultural treasure for future generations to […]

Bulgaria capitals

Calendar of events in Bulgaria on June 8

SOFIA (Bulgaria), June 6 (SeeNews) – Below is a calendar of corporate, economic and political events taking place in Bulgaria or related to Bulgaria between June 10 and June 30. *Wednesday, June 8 – Sofia: Statistics Office will release data on Bulgaria’s Gross Domestic Product (GDP) for the first quarter of 2022 *Wednesday, June 8 […]

Bulgaria capitals

Bulgarian Trace Group Hold expands against Q1 net loss

SOFIA (Bulgaria), June 3 (SeeNews) – Bulgarian construction company Trace Group Hold [BUL:T57] said its consolidated net loss increased to 1.8 million levs ($989,360/920,325 euros) in the first quarter of 2022, from 559,000 levs a year earlier, as revenue fell 5.9% on the same period. Trace Group Hold’s total revenue amounted to 20.7 million levs […]

Bulgaria capitals

Financier predicts a significant reduction in inflation for Bulgaria in 2023 – Novinite.com

“Inflation struggles with a conservative fiscal policy and declines economic growth. It will continue to be high, but it will stabilize and decrease. We can note a percentage of side effects, even two, but the rhythm slows down. We will see a significant reduction in inflation in 2023. If we continue to pump consumption, we […]

Bulgaria capitals

Is Bulgaria the weak link in Europe’s fight against Russian disinformation? (Capital)

This article is published in collaboration with Capital as part of a content series on threats to independent media in Central Europe. Read more. The article is also available for reading on Capital’s website. If the media is seen as a weapon in times of war, Bulgaria risks shooting itself in the foot. Western nations […]

Bulgaria capitals

Bulgaria: Relocation of Ukrainian refugees from hotels to state resorts continues today – Novinite.com

Second move attempt Ukrainian refugees of resorts and hotels on the Black Sea coast inland. 74 people boarded the train in Varna, while Sunday there were only 5 Ukrainians at the station. According to some of those already housed in the resort of Panichishte, there were not enough good conditions such as shops and pharmacies. […]

Bulgaria capitals

Princess Mafalda of Bulgaria to marry British financier Marc Abousleiman

A popstar princess is set to marry her financial beau in Spain tomorrow. New York-based ‘swan of modern society’ and singer-songwriter Princess Mafalda of Bulgaria, 27, will exchange vows with dashing Lebanese-born British financier Marc Abousleiman in her mother’s hometown , Palma, Majorca. The couple met at school in London but struck up a romantic […]

Bulgaria capitals

Bulgarian Prime Minister receives Foreign Minister

The Prime Minister of the Republic of Bulgaria, Mr. Kirill Petkov, today received the Minister of Foreign Affairs, His Highness Prince Faisal bin Farhan bin Abdullah at the Prime Minister’s Office of Bulgaria in the capital Sofia. During the reception, His Highness conveyed greetings from the Custodian of the Two Holy Mosques, King Salman bin […]

Bulgaria castles

Bulgaria is in the Top 50 most visited countries in Google Street View in 2021 – Novinite.com

Google View from the street 15 years old now In 2007, Google revolutionized with the creation of Google View from the street, the first images posted on the virtual imaging platform from San Francisco, New York, Las Vegas, Miami and Denver. Since, View from the street cars, equipped with special panoramic cameras, have captured and […]

Bulgaria capitals

Bulgaria: Contractual Netting as Quasi-Collateral in Commercial and Financial Transactions

The Supreme Court has upheld the parties’ freedom to contractually modify any of the conditions precedent to set-off under Bulgarian law, thereby allowing for various quasi-guarantee arrangements in commercial and financial contracts which creditors may avail themselves of. Prerequisites for legal compensation in Bulgaria Under Article 103 of the Bulgarian Law on Contracts and Obligations […]

Bulgaria capitals

30% of all liquefied gas supplies to Greece are destined for Bulgaria – Novinite.com

A historic record for natural liquefied gas terminal on the Greek Isle of Revithosanear the capital Athens, is expected in June, the Greek reports the Kathimerini newspaper. 30 percent of the total planned delivery capacity is for Bulgaria, media estimates, referring to the operator of the terminal. Smaller quantities are destined for the Romanian market. […]

Bulgaria capitals

Korado-Bulgaria AD (BUL:KBG) must pay a dividend of 0.19 лв

The advice of Korado-Bulgaria AD (BUL:KBG) announced that it will pay a dividend of лв0.19 per share on June 16. Based on this payout, the dividend yield on the company’s stock will be 3.9%, which is an attractive increase in returns for shareholders. Check out our latest analysis for Korado-Bulgaria AD Korado-Bulgaria AD dividend is […]