Bulgaria capitals

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 […]

Bulgaria capitals

Opera Open 2022 in Plovdiv, Bulgaria starts on June 19

The annual Opera Open festival in Plovdiv begins on June 19, 2022 with a concert for peace at the Ancient Theatre. The concert, starting at 9 p.m., involves the Bulgarian Children’s Choir – with 300 children from across Bulgaria – and soloists and the Plovdiv Opera Orchestra. The festival continues until September 14. Highlights of […]

Bulgaria capitals

Bulgaria issues birth certificate to baby of same-sex couple in historic first

A Bulgarian court has ordered city hall authorities in the capital Sofia to issue a birth certificate to the baby born to a gay couple from Bulgaria and Gibraltar respectively. The court’s decision was finally handed down on Monday May 16, ending a long legal battle that began after a little girl was left essentially […]

Bulgaria capitals

Bulgaria’s Sofia Airport opens four new routes, two more airlines launch seasonal flights

SOFIA (Bulgaria), May 16 (SeeNews) – Sofia airport operator SOF Connect has announced that it is expanding its flight schedule to and from the Bulgarian capital with four new destinations in May and June, including Zadar in Croatia. Ryanair will fly twice a week between Sofia and Zadar, SOF Connect said in a statement over […]

Bulgaria capitals

Bulgaria’s Sofia Airport announces four new destinations and two new airlines

Sofia Airport on May 15 announced further details of its May and June 2022 schedule, including four new destinations and two new airlines that will operate from the Bulgarian capital’s airport. The airport said in a press release that Wizz Air flies to Abu Dhabi in the United Arab Emirates three times a week. Ryanair […]

Bulgaria capitals

Demography in Bulgaria: Not a single municipality has a positive natural increase in 2021 – Novinite.com

Nope municipality has a positive natural increase in 2021. This is shown by data from the analysis of the Institute for Market Economics for data on population growth in Bulgaria. “While in the mechanical movement there are winning and losing parts of the country, which even – as we have seen in the year of […]

Bulgaria capitals

Conventional Lathe Market Size and Forecast

New Jersey, United States – Comprehensive analyzes of the fastest growing companies Conventional lathe market provide information that helps stakeholders identify opportunities and challenges. The 2022 markets could be another big year for conventional towers. This report provides an overview of the company’s activities and financial situation (a company profile is required if you want […]

Bulgaria capitals

Once best friends, Bulgaria takes a stand against Russia

However, current concerns quickly overshadowed the ambassador’s efforts to remind Bulgaria of the debt it owed Russia. On the same day, Bulgaria expelled two of its diplomatic subordinates for spying and announced the arrest of a senior military officer accused of spying for Russia. In the weeks that followed, Bulgaria, a country that Moscow has […]

Bulgaria capitals

Prime Minister Kiril Petkov has received strong support in Washington for Bulgaria’s anti-corruption efforts – Novinite.com

Bulgarian Prime Minister Kiril Petkov (left) and Presidential National Security Advisor Jake Sullivan (right) @Council of Ministers Bulgarian Prime Minister Kiril Petkov received support in Washington from the administration of President Joe Biden for Bulgaria‘s anti-corruption efforts, according to the government information service. Petkov was admitted to the State Department by Under Secretary of State […]

Bulgaria capitals

167 villages in Bulgaria are without a single inhabitant – Novinite.com

The depopulation of the Bulgarians villages keep on going. In 1173 villageswhich is about a fifth of all the settlements of our country, live up to 50 people, and in 167 villages there is not a single inhabitant. This is shown by data from the National Institute of Statistics (INS) at the end of 2021. […]

Bulgaria capitals

AES Bulgaria plans to develop solar energy storage projects

AES Bulgaria will explore options to develop a combined 100 MW solar and battery energy storage project, as well as an 80 MW stand-alone battery storage project near the capital Sofia to support the electricity grid. AES Bulgaria, part of the global energy company AES Corporation, is the largest investor in the Bulgarian electricity sector […]

Bulgaria capitals

Bulgaria Air’s scheduled direct flights from Sofia to Crete will start on May 22 – Novinite.com

The airline’s flights for Crete will land in the capital Heraklion With the start of the new tourist season and the warmer days, Air Bulgaria will delight all its passengers with direct access flights to one of the most tempting Greek destinations, where the days are long, hot and salty, and the atmosphere – exotic. […]

Bulgaria capitals

Bulgaria will seek exemption from EU oil embargo on Russia if possible, says Deputy PM

A general view shows Lukoil company’s oil refinery in Volgograd, Russia April 22, 2022. REUTERS/REUTERS PHOTOGRAPHER Join now for FREE unlimited access to Reuters.com Register SOFIA, May 4 (Reuters) – Bulgaria will seek a waiver from the European Union’s proposed Russian oil embargo if such waivers are allowed, Bulgaria’s deputy prime minister said in an […]

Bulgaria capitals

More flights between Bulgaria and North Macedonia in the near future – Novinite.com

GullivAir plane @WikimediaCommons Bulgarian airline GullivAir has stopped selling tickets for the Sofia-Skopje flight since May 21, the specialized aeronautical portal Ex-Yu Aviation announcement. According to Macedonian media, the flights are carried out with 7-8 passengers, and there were cases when there were only two or three people on board, less than the crew. It […]

Bulgaria capitals

Bulgaria becomes a regional hub for gas supply – EURACTIV.com

The Capitals brings you the latest news from across Europe, thanks to on-the-ground reporting by EURACTIV’s media network. You can subscribe to the newsletter here. European news you deserve to read. welcome to Capitals by EURACTIV. In today’s news from the capitals: SOFIA A regional coordination center will be set up in Bulgaria to manage […]

Bulgaria capitals

In Bulgaria’s ‘Little Moscow’, Russians help Ukrainian refugees | Russo-Ukrainian War

Pomorie, Bulgaria – In the lobby of the Sunny Bay Hotel in Pomorie, a coastal town in southeastern Bulgaria, dozens of passports belonging to Ukrainian nationals are strewn across a table. Several refugees are housed here, having fled the war with Russia, and are now heading to the police station – with their passports – […]

Bulgaria capitals

April 27 live updates: Poland and Bulgaria receive gas from EU neighbours, Archegos founder Hwang is charged with fraud in the US

Employees work on the Boeing 777 assembly line © Getty Images Boeing suffered a $1.2 billion hit in the first quarter due to the war in Ukraine and charges in its defence, space and security segment stemming from its Air Force One program. An additional charge of $1.5 billion is expected across its commercial division […]

Bulgaria capitals

Oil rises after Russia cuts gas supplies to Poland and Bulgaria, worsens EU energy crisis

Singapore: Oil rose after Russia cut off natural gas supplies to Poland and Bulgaria, deepening Europe’s energy crisis as the war in Ukraine drags on. West Texas Intermediate traded above $102 a barrel after rising 3.2% on Tuesday. Gas prices in Europe jumped after Russia cut off flows to Poland and Bulgaria, solidifying threats to […]

Bulgaria capitals

Bulgarian PM’s charity fund for Ukraine sparks controversy

Bulgarian Prime Minister Kiril Petkov in Brussels on March 25. EPA-EFE/STEPHANIE LECOCQ Bulgarian Prime Minister Kiril Petkov came under fire on Tuesday for his rhetoric about a charity fund for Ukraine he launched, amid growing demands for state support for incoming Ukrainian refugees. On Monday afternoon, Petkov said that as the country’s coalition government tried […]

Bulgaria capitals

Russian plane arrives in Belgrade via Bulgaria – EURACTIV.com

A Russian Ilyushin-Il-96-300 passenger plane flew from Sochi to Belgrade via Bulgaria on Sunday morning, despite the country officially closing its airspace to Russian planes in February, Belgrade television N1 reported. Petar Vojinović, the editor of the TangoSix portal, explained for N1 that the EU has, despite the sanctions, left open the possibility that thefts […]

Bulgaria capitals

Thousands of Ukrainian refugees will spend Orthodox Easter in Bulgaria this year: NPR

Josif Feny, left, Anet Pchelnikova, right, Natasha Nykolyn, center, have dinner at their apartment in Sofia, Bulgaria, on Friday, April 22. Spasiyana Sergieva for NPR hide caption toggle caption Spasiyana Sergieva for NPR Josif Feny, left, Anet Pchelnikova, right, Natasha Nykolyn, center, have dinner at their apartment in Sofia, Bulgaria, on Friday, April 22. Spasiyana […]

Bulgaria capitals

Warmer weather forecast for Orthodox Easter long weekend in Bulgaria

The recent cold spell over Bulgaria will give way to warmer weather as the country heads into the four-day Orthodox Easter weekend, but the forecast also includes cloudy skies and some rain, with the possibility thunderstorms in some areas. The long weekend begins with Orthodox Good Friday on April 22 and ends on Orthodox Easter […]

Bulgaria castles

Bulgaria and Turkey: cheap holidays with 45p beer and £33 flights

The cost of everything seems to be climbing this year, from gas prices to taxes — and vacations are no different. Countries in Europe are likely to feel more expensive for Brits this year, especially as we all try to save money where we can. But that doesn’t mean there aren’t great deals to be […]

Bulgaria capitals

Passenger numbers at Bulgarian coastal airports soar in first quarter

SOFIA (Bulgaria), April 14 (SeeNews) – Total passenger traffic at Bulgaria’s Varna and Burgas airports jumped to more than 158,300 in the first three months of 2022, from some 60,600 in the same period of 2021, the German group Fraport, which operates the two coastal airports, said. The number of passengers at Varna airport increased […]

Bulgaria capitals

Jumbo records a 12% year-on-year drop in sales in the first quarter in Bulgaria

SOFIA (Bulgaria), April 12 (SeeNews) – Greek toy retailer Jumbo on Tuesday reported a 12% year-on-year drop in sales in Bulgaria in the first quarter of 2022, despite a 45% annual jump in revenue. business in March following the lifting of COVID-19 green certificate requirements for indoor activities in the country at the end of […]

Bulgaria capitals

Bulgarian airport in Sofia: traffic “slowly resumes”

In March 2022, traffic at Sofia Airport was still far from pre-pandemic levels, the airport announced on April 10. Passenger numbers at the Bulgarian capital’s airport were 31% lower than in March 2019, the airport said. “However, if we compare with the results for 2021, we see an increase of 269,000 additional passengers,” he said. […]

Bulgaria capitals

Bulgaria and Romania buy Greek LNG reception capacity: press

Bulgaria and Romania buy Greek LNG reception capacity: press Greek gas transmission system operator DESFA has granted requests from Bulgaria and Romania for access to its Revithoussa LNG import terminal, SEENews reported on April 8. Bulgarian trader MET Energy already has a contract for the unloading of 142,500 meters3 LNG in May, according to the […]

Bulgaria capitals

Two arrested after throwing red paint at Russian embassy in Bulgarian capital

Two Bulgarian politicians were arrested on April 8 after throwing red paint on the sign of the Russian Embassy in the capital Sofia, during an event they streamed live on Facebook. The two are former journalist Arman Babikyan and lawyer Nikolai Hadzhigenov, who played a leading role in the summer 2020 anti-government protests as part […]

Bulgaria capitals

Letter from Eastern Europe: Bulgaria attempts a Russian pivot

On the frontline of the potential militarization of Russian energy, the poorest and arguably most corrupt EU member state is heavily dependent, but not without options for diversification You have 1 free item left Subscribe now for unlimited access or become a Bronze member for free For any questions, consult our FAQ or contact us […]

Bulgaria capitals

Bulgarian bank TBI Bank announces 39% increase in net profit in 2021

SOFIA (Bulgaria), April 5 (SeeNews) – Bulgarian bank TBI said it made a record net profit of 27.5 million euros ($30.2 million) last year, up 39% on an annual basis of comparison. TBI Bank’s revenue increased 24% year-on-year to EUR 124 million, mainly driven by a 14% increase in net interest income and a 70% […]

Bulgaria capitals

Calendar of events in Bulgaria on April 4

SOFIA (Bulgaria), April 4 (SeeNews) – Below is a calendar of corporate, economic and political events taking place in Bulgaria or related to Bulgaria until April 30. New events are marked with an asterisk : * Monday 4 April – Sofia: Bulgaria will auction 500 million levs (280.7 million dollars/255.6 million euros) of ten-and-a-half-year fixed-rate […]

Bulgaria castles

Bulgaria expels Russian diplomat suspected of spying

KYIV, Ukraine: Witnesses said multiple explosions believed to be caused by missiles hit the western Ukrainian city of Lviv early Monday as the country braced for a widespread Russian assault in ballast.Ukrainian President Volodymyr Zelensky has vowed to “fight absolutely to the end” in strategically vital Mariupol, where the crumbling port city’s last known pocket […]

Bulgaria capitals

Bulgaria-based Nexo to invest $150m in new venture capital fund

SOFIA (Bulgaria), March 30 (SeeNews) – Nexo, the Sofia-based digital asset platform, has announced the launch of an in-house investment and acquisition fund, Nexo Ventures, through which it will deploy 150 million dollars (134.8 million euros) in the long term. term investments in commercial and institutional projects in the start-up phase related to the main […]

Bulgaria sea coast

Romanian naval forces hold exercises along the Black Sea coast and on the Danube

The naval forces of Romania are carrying out, until April 8, two military exercises at sea and on the Danube to prepare for hostile actions in the region of the Romanian Black Sea coast and the Danube Delta. More than 950 soldiers will synchronize their training actions according to a fictitious scenario of rejection of […]

Bulgaria sea coast

Romanian naval forces hold exercises along the Black Sea coast and on the Danube

The naval forces of Romania are carrying out, until April 8, two military exercises at sea and on the Danube to prepare for hostile actions in the region of the Romanian Black Sea coast and the Danube Delta. More than 950 soldiers will synchronize their training actions according to a fictitious scenario of rejection of […]

Bulgaria capitals

Bulgaria expels 10 Russian diplomats, Baltics follow suit with 10 more expulsions

Ukrainian President Volodymyr Zelenskiy has said Ukraine is ready to declare its neutrality and consider a compromise over disputed areas in the east of the country to secure peace ahead of peace talks in Turkey on March 29. Ukraine’s priorities during the talks will be “sovereignty and territorial integrity”, Zelenskiy said. tell the nation in […]

Bulgaria capitals

North Macedonia and Bulgaria restore commercial air link

North Macedonia and Bulgaria have restored a commercial air link after 13 years of interruption, as part of a symbolic confidence-building measure By KONSTANTIN TESTORIDES Associated Press March 26, 2022, 9:45 p.m. • 2 minute read Share on FacebookShare on TwitterEmail this article SKOPJE, North Macedonia — North Macedonia and Bulgaria restored a commercial air […]

Bulgaria castles

Wizz Air with three new routes from Bulgaria – Novinite.com

Wizz Air, the fastest growing airline in Europe and the number one airline in Bulgaria, has launched three new routes from Burgas, Bulgaria. The Polish pearls of Krakow and Rzeszow and the beautiful Hungarian city of Debrecen are the three new destinations that WIZZ has added to its network since yesterday March 25. Flights will […]

Bulgaria capitals

Korea shares tax digitization strategy with UK and Bulgaria

March. 25. 2022 Settings Finance 2022-03-25 14:03 Korea shares tax digitization strategy with UK and Bulgaria National Tax Service (NTS) Commissioner Kim Dae-ji, left, shakes hands with Jim Harra, first permanent secretary and chief executive of Britain’s HM Revenue & Customs, after […]

Bulgaria capitals

Bulgaria signs MoU with IP3 Corp, Gemcorp Capital Management on energy projects

SOFIA (Bulgaria), March 23 (SeeNews) – Bulgaria’s energy minister on Wednesday signed memorandums of understanding with London-based emerging markets asset manager Gemcorp Capital Management and US nuclear technology developer IP3 Corporation on energy projects which should unlock investments of around 1 billion dollars (911 million euros), according to the Ministry of Energy. According to the […]

Bulgaria capitals

French Atos opens cybersecurity center in Bulgaria

SOFIA (Bulgaria), March 22 (SeeNews) – French IT group Atos announced on Tuesday that it has opened a security operations center (SOC) in the Bulgarian capital Sofia as part of the continued expansion of its cybersecurity activities. With the opening of the new center, Atos’ sixteenth SOC globally, the company plans to hire more than […]

Bulgaria capitals

Former SVC president finds new mission in Bulgaria | Local News

BLAGOEVGRAD, BULGARIA — From his office in the former communist headquarters of this Eastern bloc country, Dave Evans has a unique perspective on Russia’s invasion of Ukraine. Since the start of the invasion, nearly 94,000 Ukrainians have arrived in neighboring Bulgaria, of whom about 50,000 still remain. So far, about 3.1 million people have fled […]

Bulgaria castles

US to deploy armored unit to Bulgaria to bolster NATO’s eastern flank

Russia has continued to deploy forces and equipment in its all-out offensive in eastern Ukraine, where it seeks to encircle Ukrainian troops in two towns, as kyiv warned the country faces an existential battle which could determine his fate. Ukrainian President Volodymyr Zelenskiy said the situation in Donbass was “extremely difficult” as Russia steps up […]

Bulgaria capitals

10 Russian diplomats expelled from Bulgaria

The Bulgarian government has expelled 10 Russian diplomats from the country, according to Russian and Bulgarian source of information. “On the proposal of the relevant authorities, in agreement with Prime Minister Kiril Petkov, Bulgaria today declared ten Russian diplomats personae non grata,” the Bulgarian Foreign Ministry said in a statement. The diplomats, who were in […]

Bulgaria capitals

Bulgaria’s 2022 budget revision should provide buffers against refugee wave and inflation

SOFIA (Bulgaria), March 16 (SeeNews) – The planned revision of the Bulgarian state budget for 2022 should provide significant reserves to cope with an expected wave of refugees from Ukraine and the acceleration of the inflation, said Finance Minister Assen Vassilev. “Europe and the world are very different in terms of trade, supply chains, large […]

Bulgaria capitals

Bulgarian bank UniCredit Bulbank plans to distribute all 2021 profits as a dividend

SOFIA (Bulgaria), March 14 (SeeNews) – Bulgarian bank UniCredit Bulbank, part of the Italian UniCredit group, plans to distribute as a dividend all of its profit of 313.8 million leva (175.7 million dollars/160.4 million euros) reported for the last year, local media reported Monday. A decision on the payment of the proposed dividend will be […]

Bulgaria sea coast

The Russian Navy establishes a blockade of the Ukrainian Black Sea coast

Russian naval forces have established a “remote blockade” of Ukraine’s Black Sea coast, the British Ministry of Defense said on Sunday, warning that Russian warships were continuing their attacks from the sea and may be plotting attacks. landings from it. The blockade has left Ukraine “effectively isolated” from international maritime trade as the Russian Navy […]

Bulgaria sea coast

Brent Sass keeps Iditarod leading the Bering Sea coast as Dallas Seavey tries to close the gap

Dallas Seavey after arriving at the Unalakleet checkpoint on Sunday. (Lex Treinen/Alaska Public Media) UNALAKLEET – Mushers Brent Sass and Dallas Seavey arrived at the checkpoint here on Saturday night into Sunday morning, setting up a showdown between the top two teams as they head towards Nome. Sass and his team of 12 dogs wearing […]

Bulgaria capitals

Battles and queues for sunflower oil in Bulgaria – A man is dead – Novinite.com

A 77-year-old man died while queuing for sunflower oil in Burgas. This happened in one of the large hypermarkets in the Slaveykov district, Nova TV reported. The promo the price he was looking for was BGN 2.99 for a bottle of sunflower oil. He was with his friend. The queue was about 500-600 meters long. […]

Bulgaria capitals

Bulgarian capital Sofia upgraded from dark red to red Covid-19 Zone

The Bulgarian capital, Sofia, has been reclassified as a Covid-19 red zone, after falling below the dark red zone threshold of 500 or more per 100,000 inhabitants on a 14-day basis, according to the portal’s March 11 report. unified information. Sofia was classified in the dark red zone on January 1, 2022. Currently, the Covid-19 […]

Bulgaria capitals

Bulgaria, if war is near / Bulgaria / Regions / Home page

Sofia, monument to the Red Army – © Anton P Daskalov / Shutterstock Putin’s war in Ukraine has strong repercussions for Bulgaria: the government has strongly condemned the aggression, but the country, traditionally linked to Russia, is divided both politically and symbolically. Meanwhile, 30,000 refugees are already on their way “At the moment we have […]

Bulgaria castles

About 300 leeches from Bulgaria seized in Philadelphia by Customs – CBS Philly

PHILADELPHIA (CBS) – Federal authorities in Philadelphia have seized about 300 leeches from Bulgaria in air cargo shipments. U.S. Customs and Border Protection said Wednesday that officers recently intercepted nine postmarked jars for addresses in Connecticut, Florida and Illinois between Feb. 19 and 25. Authorities said the jars contained around 300 bloodsuckers. The labels on […]

Bulgaria capitals

Bulgaria to spend 560 million euros to increase grain reserves

SOFIA (Bulgaria), March 9 (SeeNews) – Bulgaria will spend 1.1 billion levs ($617 million/€562 million) to buy grain to boost state reserves, it was announced on Wednesday the government. The funds will be made available through a capital increase of the public agricultural company Sortovi Semena-Elit and are intended to guarantee the country’s food security […]

Bulgaria capitals

Bulgaria records economic growth of 4.2% in 2021

Bulgaria’s economy grew by 4.2% last year, based on preliminary data, the country’s National Statistics Institute (INS) said on March 8. In real terms, the gross domestic product (GDP) in 2021 was 132.7 billion leva at current prices, or 67.9 billion euros. In the fourth quarter, the Bulgarian economy grew by 1% compared to the […]

Bulgaria capitals

Greece and Bulgaria harassed by Russian embassies – EURACTIV.com

The Capitals brings you the latest news from across Europe, thanks to on-the-ground reporting by EURACTIV’s media network. You can subscribe to the newsletter here. Before you start reading today’s edition of Capitals, be sure to take a look at the LEAK: Russia’s War on Ukraine Rewrites Future EU Military Strategy. European news you deserve […]

Bulgaria capitals

Bulgaria will offer 40 BGN per day to Ukrainians arriving in the country – Novinite.com

Bulgarian government to discuss aid package Ukrainian citizens seeking protection in Bulgaria following the hostilities in Ukraine. On the proposal of Minister of Tourism Hristo Prodanov, Ukrainians will be entitled to aid in the total amount of BGN 40 (EUR 20) per person per night and a meal up to three months from the filing […]

Bulgaria capitals

Greece plans to increase Bulgaria’s nuclear power to reduce dependence on Russia

RIYADH: In a region where military threats abound, GCC countries are moving towards boosting their military research and development, also known as R&D, capabilities as part of their strategy to increase domestic manufacturing capacity of weapons and advanced military systems. Saudi Arabia and the United Arab Emirates are leading the charge, with a massive allocation […]

Bulgaria capitals

Bulgaria expels two Russian diplomats it accuses of spying

KYIV – Russia and Ukraine will discuss a ceasefire in a second round of talks on March 3, Moscow’s chief negotiator says as Russian military forces resume their assault on Ukrainian cities . Live briefing: Russia invades Ukraine Consult the RFE/RL live briefing on Russia’s invasion of Ukraine and how Kiev is fighting back and […]

Bulgaria capitals

Payhawk becomes the very first Bulgarian unicorn

Payhawk, the London-based and Bulgaria-founded fintech that provides businesses with a unified platform for managing cards, payments, bills and expense management, has raised an additional $100m to expand its lifecycle. series B to $215 million, becoming the first Bulgarian company to achieve unicorn status. The previous round in November 2021 valued the company at $570 […]

Bulgaria capitals

Bulgaria’s smart music project confirmed for Eurovision London 2022 party

From Bulgaria to Italy, they are on their way to let off steam in Turin. And on the way Smart Music Project will share their musical IQ in the British capital. We are happy to announce that Bulgarian Eurovision 2022 Superstars Intelligent Music Project will be performing at London 2022 Eurovision Party. On Sunday, April […]

Bulgaria capitals

From February 28, in-person lessons in all schools in Bulgaria

From February 28, all students in Bulgarian schools will attend in-person classes, the education ministry said. The ministry said regional health inspectorates had lifted the restrictions due to the improving Covid-19 situation. Students will be tested for Covid-19 once a week, with an exemption for those who have a green certificate, for vaccination, having had […]

Bulgaria capitals

Spending plan for Greece-Bulgaria interconnector unveiled (exclusive)

BAKU, Azerbaijan, February 4 By Leman Zeynalova – Trend: A total of €183 million has been spent on the Greece-Bulgaria Interconnector (IGB) construction project by the end of 2021, ICGB Managing Director on the Bulgarian side, Teodora Georgieva, said in a statement. an exclusive interview with Trend. “As you know, the total budget approved for […]

Bulgaria capitals

Hundreds protest against COVID-19 mandates in Bulgarian capital

SOFIA, Bulgaria — Several hundred people opposed to COVID-19 mandates held a protest rally in the Bulgarian capital on Wednesday. Demonstrators waved national flags and banners of the nationalist Revival party, which organized the protest. They also chanted “Resignation” and “Freedom”, calling on the government to step down for its “inability to manage the health […]

Bulgaria capitals

IBA President Kremlev meets Minister of Youth and Sports during his visit to Bulgaria

You viewed more than 50 articles in the last 12 months. Keep Olympic News Free Support insidethegames.biz for just £10 For nearly 15 years now, insidethegames.biz has been at the forefront of fearless reporting on what’s happening in the Olympic Movement. As the first website not to be placed behind a paywall, we have made […]

Bulgaria capitals

Egyptian President, Bulgarian PM Discuss Strengthening Defense, Security and Counter-Terrorism Relations

CAIRO – February 18, 2022: President Abdel Fattah El-Sisi and Bulgarian Prime Minister Kiril Petkov discussed ways to advance bilateral relations between the two countries, particularly in the areas of defence, security and fight against terrorism as well as the economy. This comes in light of Egypt being Bulgaria’s largest trading partner in the Africa […]

Bulgaria castles

Jak’s Bakery pop-up brings the taste of Bulgaria to Bloomfield

Zhelyazko “Jak” Latinov ran a popular bakery in his native Bulgaria. Now, after three years of hosting pop-up events and selling at farmers markets around Pittsburgh, he’s opening a location in Bloomfield. Jak’s Bakery will open at 4310 Main Street in late 2022. The space is located right next to Brewing tracewhere you can stock […]

Bulgaria capitals

Passenger numbers at Bulgarian Varna and Burgas airports soar in January

SOFIA (Bulgaria), February 16 (SeeNews) – Total passenger traffic at the Bulgarian airports of Varna and Burgas rose to 58,449 in January from 22,177 in the same month of 2021, said the German group Fraport, which operates the two coastal airports. “The Fraport Group’s airports worldwide continued to show a positive passenger trend in January […]

Bulgaria capitals

Bulgarian CoLumbo raises 2.1 million euros in a funding round

SOFIA (Bulgaria), February 16 (SeeNews) – Bulgarian lumbar spine analysis software CoLumbo has closed a €2.1 million ($2.4 million) funding round backed by local capital firms -venture (VC) Eleven Ventures and BrightCap Ventures, Sofia-based media reported. The round was joined by individual investors, business newspaper The Recursive reported on Tuesday. CoLumbo provides radiologists with pathology […]

Bulgaria capitals

Anti-fascists in Bulgaria counter neo-Nazi ‘Lukovmarsh’ motorcade : Peoples Dispatch

Antifascist march in Sofia. (Photo: via Baricada.org) On Saturday February 12, Bulgarian anti-fascist groups demonstrated in the capital Sofia under the banner “No Nazis in our streets” to counter the Lukovmarsh procession led by neo-Nazis in the city. The Lukovmarsh Torch Procession was held in honor of Bulgarian General Hristo Nikolov Lukov, who was a […]

Bulgaria capitals

Ministry of Foreign Affairs: Lukov’s march tarnishes Bulgaria’s image

The Bulgarian Foreign Ministry has expressed its full support for the efforts of various institutions to prevent the march in Lukov, which will take place on February 12, 2022. The Lukov March is a torchlight procession honoring a pro-Nazi Bulgarian general of the 1930s and 1940s, who led the Fascist Union of Bulgarian National Legions. […]

Bulgaria capitals

Bulgarian GullivAir to launch Skopje service

Bulgarian carrier GullivAir has announced plans to launch flights between Sofia and Skopje after reaching an agreement with airport operator TAV Macedonia on reduced fares. Two weeks ago, the airline initially said it had no plans to introduce services to the Macedonian capital anytime soon. However, the route has received strong political support from both […]

Bulgaria capitals

Sofia stock indices fall, Industrial Holding Bulgaria loses 5.3%

SOFIA (Bulgaria), February 10 (SeeNews) – Stock indices of the Bulgarian Stock Exchange (BSE) closed in negative territory on Thursday, mainly dragged down by a drop in the Industrial Holding Bulgaria share price [BUL:IHB] and venture capital firm Eleven Capital [BUL:11C]stock market data showed. The blue-chip SOFIX index lost 0.98% to 623.15 points, hurt by […]