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» Sofia Morning News is a daily online newspaper published by Sofia News Agency (novinite.com), the biggest real time news provider in English in Bulgaria. It covers the latest economic, political, cultural and sports news happening in Bulgaria, major world events and foreign media analyses. REGISTER NOW! If you are already a subscriber, please click here to login and access the full archive.. |
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18 May 2012, Issue 3389
by Novinite.com
Bulgaria's Daily Newspaper since 2001
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10129 subscribers of Novinite.com
122328 articles
590 interviews
7391 pictures
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| BUSINESS POLITICS WORLD SOCIETY SPORTS FORUM |
Bulgaria Wins Concession as EU Agrees on Bank Capital Rules  European Union finance ministers have addressed Bulgarian concerns as they agreed on a plan to force banks to hold more capital to counter their risk-taking. read |
President to Seattle Expats: Bulgaria Is in Good Hands  Bulgarian President, Rosen Plevneliev, who is on his first official visit to the US as Head of State, has met with the Bulgarian community in Seattle. read |
Stoychev Makes U-turn, Returns as National Volleyball Coach  Radostin Stoychev, the sacked coach of Bulgaria's national male volleyball team, had agreed after all to lead the players at least until the Olympic qualifier in Sofia between June 8 and 10. read |
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BULGARIAN PRESIDENT DREAMS UP SOFIA TECH PARK WITH US INVESTMENT
Bulgarian President Rosen Plevneliev has invited leading US IT companies to invest for building a technology park near Bulgarian capital Sofia. Plevneliev is currently on an extended visit to the USA, set to feature not only a meeting with US counterpart Barack Obama and a participation in the NATO summit in Chicago, but also meetings with US businesses to lure investments to Bulgaria. read more 
EXPERTS LAUNCH CAMPAIGN TO RENAME SOFIA AIRPORT AFTER JOHN ATANASOFF An initiative committee has launched a campaign to name Bulgaria's largest international airport, the Sofia Airport, after the inventor of the computer John Atanasoff, an American of Bulgarian origin, announced Bulgarian PR expert Maxim Behar, who is one of the authors of the idea. The Sofia International Airport is located in the Vrazhdebna (meaning "Hostile") quarter in the Bulgarian capital, and is technically known with the same name. read more BULGARIAN RAILROAD WORKERS TO STAGE MASS RALLY IN SOFIA Employees of Bulgaria's State Railways company, BDZ Holding, from all over the country will stage a mass protest rally on May 30. The rally under the motto "No to the Ruin of Bulgaria's Railways," is going to be held in the capital Sofia, at 1 pm, in front of the building of the Ministry of Transport. read more BULGARIAN KING'S TOBACCO MAKES HIGH QUALITY BRANDS CUT A Bulgarian manufacturer, King's Tobacco, is participating for the very first time in the duty free and travel retail expo of high quality brands and goods, TFWA, in Singapore. The Bulgarian cigarette maker has received a rare for a local company high recognition since inclusion in the prestigious forum comes only on invitation from organizers. read more BULGARIA'S FISCAL RESERVE CLIMBS TO BGN 4.9 B APR 2012 Bulgaria's fiscal reserve by April 30, 2012, amounted to BGN 4.9 B, according to flash estimates released Thursday by the press office of the Bulgarian Finance Ministry. According to government data about the first half of 2011, published at the end of August 2011, as of June 30, 2011, Bulgaria's state fiscal reserve amounted to BGN 5.2 B. read more NABUCCO CONSORTIUM PRESENTS DOWNSIZED PIPELINE PROJECT The Nabucco Consortium presented Wednesday a revised, smaller version of the gas pipeline project called Nabucco West to the consortium developing the Shah Deniz II gas field in Azerbaijan. "We are convinced that we have submitted a competitive and comprehensive proposal to the Shah Deniz II Consortium, and that this proposal represents a win-win situation for our shareholders and for suppliers alike," Reinhard Mitschek, Managing Director of Nabucco Gas Pipeline International GmbH, said in a statement. read more BULGARIA IN DESPERATE ATTEMPT TO SALVAGE LEAD-ZINC PLANT Bulgaria's Economy and Energy Minister, Delyan Dobrev, is discussing Thursday with bank creditors the future of the Kardzhali Lead and Zinc Complex (LZC; OTZK). OTZK is the largest Bulgarian producer of non-ferrous metals in the southern city of Kardzhali, providing until recently livelihood of many in the city and the region. read more 
PRESIDENT TO SEATTLE EXPATS: BULGARIA IS IN GOOD HANDS Bulgarian President, Rosen Plevneliev, who is on his first official visit to the US as Head of State, has met with the Bulgarian community in Seattle. About 40 expats attended the over-one-hour-long meeting where the discussion focused on issuing of ID papers and other documents, Bulgaria's need of IT specialists, and education. read more BULGARIAN PRESIDENT: I ALWAYS GO WEST, OTHERS WENT EAST Bulgarian President Rosen Plevneliev has indirectly slammed predecessor Georgi Parvanov for the alleged habit of travelling east. "My official state visits are west of Sofia. You can make this out. Others travelled in another direction," said Plevneliev during a meeting with the Bulgarian community in Seattle. read more BULGARIA TO SEEK QATARI INVESTMENTS IN NEW NATIONAL STADIUM Commenting on the forthcoming meeting with Qatari Prime Minister Sheikh Hamad bin Jassim al-Thani, Prime Minister Borisov told journalists that he was hoping to attract investments into a national stadium and a car park. Borisov explained that he would seek to persuade al-Thani to invest in a project for building a national stadium on the 4th kilometer intersection of the Tsarigradsko Shose Blvd in Sofia and a 4-storey car park. read more BULGARIA INJURED AMBASSADOR IN YEMEN COMES TO SOFIA FOR TREATMENT Bulgaria's Charge d'Affaires in Yemen, who was injured over the weekend in a kidnap attempt against him in Sana, has arrived in the capital Sofia for medical treatment. Boris Borisov was hurt after masked gunmen opened fire at his vehicle in an attempt to kidnap him on Sunday. read more BULGARIA WINS CONCESSION AS EU AGREES ON BANK CAPITAL RULES European Union finance ministers have addressed Bulgarian concerns as they agreed on a plan to force banks to hold more capital to counter their risk-taking. After Bulgaria voiced concerns that banks may be forced to hold more capital against the country's sovereign debt, the EU ministers decided that banks in the country will not be obliged to report as risky the assets they hold in euros and will not be required to have more capital in relation to them. read more FRANCE WANTS GROWTH MEASURES BEFORE RATIFYING STABILITY PACT France will not ratify the current version of the EU Financial Stability Pact and will request the introduction of measures to boost growth, stated new French Economy Minister Pierre Moscovici. "We stated very clearly that the Pact will not be ratified in its present version, and that we have to complete it with a section on growth," said Moscovici. read more GREEK LEFTIST: AUSTERITY THREATENS LIVES OF EUROZONE, EUROPEANS Alexis Tsipras, leader of Greek far-left coalition SYRIZA spoke out against what he views as a highly hazardous austerity policy entrenched in the entire European Union. In particular Tsipras has accused German Chancellor Angel Merkel "playing poker with European people's lives" by insisting on austerity measures, writes the BBC. read more KOSTADINOV REELECTED CHAIR OF BULGARIAN FILES COMMISSION Bulgarian Members of the Parliament reelected Thursday Evtim Kostadinov for a second term as Chairman of the Files Commission. The MPs voted for Kostadinov by name. They also elected members of the Commission for the next five years, who were nominated by the parliamentary groups of political parties with representation in the Parliament. read more BULGARIA BOASTS 22.2% WOMEN IN GOVERNMENT Bulgaria ranks among the countries with over 20% of women in the government, outpacing a number of other European countries like Poland, the United Kingdom, Italy, Portugal, the Czech Republic, Romania, Hungary, Slovenia, Slovakia and Greece. Bulgaria has four women in a 17-strong cabinet (22.22%) - Justice Minister Diana Kovacheva, Regional Development Minister Lilyana Pavlova, Environment Minister Nona Karazhova and Health Minister Desislava Atanasova, according to reports of private TV channel bTV. read more BURLY BULGARIAN PM SHOWS AFFECTION FOR TENDER WILDFLOWERS Bulgaria's PM Boyko Borisov will personally participate in the re-planting of 2,605 wild snowflake flowers to make way for the construction of Maritsa Highway. Thursday Borisov was on inspection of the road construction of Maritsa, which is set to connect Bulgaria's southern Trakiya Highway to the border with Turkey in the south-east. read more SMOKE FORCES WARSAW-HURGHADA EMERGENCY TOUCH DOWN IN SOFIA A charter flight heading from Warsaw to Hurghada was forced to make an unplanned stop in Sofia airport on Thursday afternoon over suspicions of a fire aboard. The plane was carrying 142 passengers aboard, all of whom have landed safely at Sofia airport, Bulgaria's transport ministry announced. They have been evacuated at Terminal 1. read more BULGARIA INTRODUCES EUR 25-5,000 FINES FOR SMOKERS People found smoking in public places will incur fines ranging BGN 50-10,000 after a full smoking ban was voted in Parliament Thursday. The amendments were passed after a heated debate in plenary, during which the opposition claimed that the new regulation will have severe adverse effects for businesses. read more BULGARIA'S TRANSPORT MINISTER: PHISHING ACCOUNTS FOR 46% OF CYBER ATTACKS In 2011 and the first quarter of 2012, 46% of attacks on network infrastructure were phishing (e-mail fraud scam involving legitimate-looking messages used to lure users into disclosing private info), according to Ivaylo Moskovski, Minister of Transport, Information Technology and Communications. Speaking Thursday at the opening of a national conference on crisis prevention and management, Moskovski made clear that the share of malware aimed at stealing confidential data was 17%, botnet attacks targeting connected computers to block the work of institutions were 3% and hacker attacks on e-mail servers were 7.7%. read more BULGARIA FLOODED VILLAGE STILL WAITING FOR RULERS' GENEROUS DONATION The ruling, center-right Citizens for European Development of Bulgaria party, GERB, still has not transferred the one million levs that it promised to donate to a flood-buried village, a check has shown. The funding was to be taken from the party's state subsidy and was destined to help the victims of the tragedy in the flooded southeastern village of Biser. read more BULGARIA ON HIGHEST ALERT OVER LOOMING FLOODS Codes red and orange have been issued over upcoming floods for the river of Maritsa in southern Bulgaria. The code red is effective for Maritsa near the town of Harmanli and the code orange for areas near the towns of Parvomay and Svilengrad and the city of Plovdiv. read more 333 BULGARIAN BAGPIPERS BREAK GUINNESS RECORD 333 Bulgarian bagpipers set a new Guinness Record on Wednesday evening in Hall 1 of the National Palace of Culture, NDK, in downtown Sofia. The event was organized by the Art of Living International Foundation of Indian spiritual leader Sri Sri Ravi Shankar. read more BULGARIAN PARLIAMENT PASSES FULL SMOKING BAN The Bulgarian Parliament adopted Thursday legislative amendments introducing a full ban on smoking in closed public spaces and areas. The changes in the Law on Public Health mandate that smoking is fully banned in all work places, restaurants, bars, bus stations, airports, etc. read more DISCO QUEEN DONNA SUMMER DIES AT 63 Legendary disco singer Donna Summer passed away Thursday after losing a long battle with cancer, according to a report from TMZ. She was 63. The sad news still has not been confirmed by Summer's publicist. read more STOYCHEV MAKES U-TURN, RETURNS AS NATIONAL VOLLEYBALL COACH Radostin Stoychev, the sacked coach of Bulgaria's national male volleyball team, had agreed after all to lead the players at least until the Olympic qualifier in Sofia between June 8 and 10. Stoychev, however, says that his one condition is the resignation of the Chairman of the country's Volleyball Federation, Dancho Lazarov. read more 2 CONTROVERSIAL BULGARIAN BUSINESSMEN ARRESTED Bulgarian murky businessman Evelin Banev, aka Brando, has been arrested in the town of Sozopol near Burgas, confirmed the Bulgarian police. Police anti-organized crime unit Stanimir Florov stated that police will later reveal what are the alleged activities that mandate Brando's arrest. read more ARREST OF NOTORIOUS BULGARIAN 'AMIGOSSA' CRIMINAL CONFIRMED The Sofia Prosecutor's Office confirmed Thursday that notorious criminal Petar Petrov AKA The Amigo (Amigossa) is in the Sofia jail to serve his 3-year sentence. The Interior Minister reported earlier Thursday that The Amigo had been arrested several days ago. The Prosecutor now informs, cited by the Bulgarian National Radio, Petrov has been behind bars since May 9. read more BUSTED BULGARIAN CRIMINAL HAD INTERPOL WARRANT Bulgarian murky businessman Evelin Banev, aka Brando had an Interpol arrest warrant from Switzerland for cocaine trafficking and money laundering. The information was reported Thursday by Deputy Prime Minister and Interior Minister, Tsvetan Tsvetanov, thus confirming earlier speculations in Bulgarian media. read more BULGARIAN POLICE BUST ILLEGAL DIPLOMAS WORKSHOP Bulgarian police in capital Sofia detained two young women Thursday over accusations that the two allegedly engaged in printing and distributing fake diplomas for education. Both arrested women are aged 23, one of them being a college student with a record for theft, and the other a friend of hers. read more FROM DUBAI TO BULGARIA AND BACK DURING SUMMER HOLIDAY MONTHS Click here to read the story: www.novinite.com/view_news.php?id=139454 NO SAFE HAVEN ON THE EURO FRINGE Click here to read the story: www.novinite.com/view_news.php?id=139458 HOW LOGICAL IS THE ENGLISH LANGUAGE? The market garden was designed to produce produce. The city tip was so full that it had to refuse more refuse. read more BARROSO: EU WANTS GREECE TO STAY IN EURO AREA The head of the European Commission said Europe wants Greece to remain part of the euro zone, but stressed there was "no way" of changing the terms of a 130-billion-euro bailout agreed. "As far as Greece is concerned, I would like to reaffirm very clearly that we want Greece to stay in the euro area. And the European Union will do all it takes to ensure it," EC President Jose Manuel Barroso said in prepared remarks to the United Nations. read more IMF SUSPENDS CONTACTS WITH GREECE UNTIL AFTER NEW VOTE The International Monetary Fund will not return to Greece to review its loan program before Athens holds fresh elections on June 17, an IMF official said on Thursday. "We take note that elections have been called and we look forward to being in contact with the new government when it has been formed," David Hawley, IMF deputy director of external affairs, said at a news briefing. read more |
All rights reserved (c) Novinite Ltd., 2001-2012. You are permitted to use any of the articles only if you obligatory quote the source: Sofia News Agency (www.novinite.com) Sofia Morning News is a registered trademark No 33727/10.08.1998 under the Bulgaria's Patent Office. |
