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Bulgaria faces fresh loss of 543 million euro of Ispa aid  
Bulgaria faces fresh loss of 543 million euro of Ispa aid
A total of 543 million euro of financing under the EU's Instrument for Structural Policies for Pre-Accession is hanging in the balance for Bulgaria, a new government report warns.
Date: 2010-09-01 10:50:04 | Source: Topix.com
Economy Minister Backs Bulgaria's Formula 1 Project  
Economy Minister Backs Bulgaria's Formula 1 Project
Bulgaria's Economy and Energy Minister, Traicho Traikov, fully backed the cabinet's plans to build a Formula 1 racing track near Sofia. In a Wednesday interview for the TV channel Nova Televizia, Traikov stated great results are only brought by great goals, referring to the Formula 1 project. On August 30, the Minister and the Chair of the Abu Dhabi state company Emirates Associated Business Group (EABG), Mohammed Abdul Jalil al Blouki, signed an economic cooperation memorandum providing for t...
Date: 2010-09-01 10:45:32 | Source: Novinite.com
EU, White House condemn attack in Israel on eve of Middle East talks  
EU, White House condemn attack in Israel on eve of Middle East talks
Four Israelis were killed on August 31 after a Palestinian gunman opened fire on their vehicle on the West Bank. The White House and EU foreign policy chief Catherine Ashton have strongly condemned the attack, which took place a day before US president Obama was to host Middle Eastern leaders to dinner before the face-to-face Israeli – Palestinian peace negotiations in nearly two years.
Date: 2010-09-01 10:14:44 | Source: Sofiaecho.com
Bulgaria condemns terrorist attack in Hebron  
Bulgaria condemns terrorist attack in Hebron
Restoration of confidence is a key factor on the eve of direct talks, and in this respect, Sofia welcomes the Palestian authorities' arrest of the Hamas members responsible, Foreign Ministry says.
Date: 2010-09-01 10:14:43 | Source: Sofiaecho.com
Economy Minister Backs Bulgaria's Formula 1 Project  
Economy Minister Backs Bulgaria's Formula 1 Project
Bulgaria's Economy and Energy Minister, Traicho Traikov, extends accolades to all those involved in the effort of bringing Formula 1 to Bulgaria.
Date: 2010-09-01 09:44:41 | Source: Topix.com
Hoax-Inspired Mayor Set to Invite Johnny Depp to Bulgaria  
Hoax-Inspired Mayor Set to Invite Johnny Depp to Bulgaria
The news about Johnny Depp's "incognito visit" to the coastal town of Burgas made a blast in the media last month only to burst spectacularly like a party balloon after it was officially exposed as an advertisement hoax.
Date: 2010-09-01 08:44:39 | Source: Topix.com
Bulgaria C-Bank Interest Rate Unchanged  
Bulgaria C-Bank Interest Rate Unchanged
The Bulgarian National Bank (BNB) has decided to keep the basic interest rate unchanged over August, when it hit its lowest levels since the index was recorded for the first time in 1991. From September 1 2010, the basic interest rate has been set at 0,17%, which is the same compared to the previous month. The interest rate has been decreasing since the beginning of last year from levels at 5,17%....
Date: 2010-09-01 08:23:33 | Source: Novinite.com
Bulgaria faces fresh loss of 543 million euro of Ispa aid  
Bulgaria faces fresh loss of 543 million euro of Ispa aid
'There is a real threat that a significant portion of the Ispa-financed projects may not be completed by December 31 2010 and have therefore been identified as risky, a new government report says.
Date: 2010-09-01 08:17:10 | Source: Sofiaecho.com
Environmental group says EU biofuel targets create land-grab in Africa  
Environmental group says EU biofuel targets create land-grab in Africa
According to a report, fuels made from food crops produce no real reduction in emission, while contributing to deforestation and water shortages. Friends of the Earth has called for Europe to lift its targets for biofuel consumption or risk food shortages in already impoverished areas.
Date: 2010-09-01 08:17:10 | Source: Sofiaecho.com
Bulgarian banks boost July profit but growth slackens  
Bulgarian banks boost July profit but growth slackens
Meanwhile, bad loans increased at a faster pace.
Date: 2010-09-01 08:17:10 | Source: Sofiaecho.com
UN launches plan against human trafficking  
UN launches plan against human trafficking
The plan, launched at a high-level meeting of the General Assembly at UN Headquarters in New York, calls for integrating the fight against human trafficking into the UN’s broader programmes to boost development and strengthen security around the world.
Date: 2010-09-01 08:17:09 | Source: Sofiaecho.com
Jolie, Georgieva in appeals on aid for Pakistan  
Jolie, Georgieva in appeals on aid for Pakistan
EU Aid Commissioner Kristalina Georgieva told MEPs in the Development Committee that the coming weeks could see the situation worsen in Pakistan owing to the weather. UN Goodwill Ambassador Angelina Jolie appealed today for the public to step up their financial support for the efforts of aid agencies to bring humanitarian relief.
Date: 2010-09-01 08:17:09 | Source: Sofiaecho.com
Bulgaria's Railways Seek BGN 460 M Loan from WB, EBRD  
Bulgaria's Railways Seek BGN 460 M Loan from WB, EBRD
Bulgarian State Railways EAD is in talks with a number of banks, seeking a BGN 460 M international syndicated loan to help finance debt payments through 2014 and turn around the indebted company, the company chairman told Bloomberg agency. The group of banks include the World Bank, the European Bank for Reconstruction and Development, Deutsche Bank AG and UniCredit Bulbank AD. The funding would be linked to a five-year plan to make the operator profitable after posting losses for 20 years beca...
Date: 2010-09-01 06:06:55 | Source: Novinite.com
Bulgaria’s Railways Seek BGN 460 M Loan from WB, EBRD  
Bulgaria’s Railways Seek BGN 460 M Loan from WB, EBRD
Bulgarian State Railways EAD is in talks with a number of banks, seeking a BGN 460 M international syndicated loan to help finance debt payments through 2014 and turn around the indebted company, the company chairman told Bloomberg agency. The group of banks include the World Bank, the European Bank for Reconstruction and Development, Deutsche Bank AG and UniCredit Bulbank AD. The funding would be linked to a five-year plan to make the operator profitable after posting losses for 20 years beca...
Date: 2010-09-01 06:06:55 | Source: Novinite.com
Canada Slams New MS Treatment, Patients Pin Hopes on Bulgaria  
Canada Slams New MS Treatment, Patients Pin Hopes on Bulgaria
Tessa Rushton says she can now walk without a cane thanks to the Liberation Treatment.
Date: 2010-09-01 04:44:07 | Source: Topix.com
Bulgaria's Defence Academy to Host Opera Nights  
Bulgaria's Defence Academy to Host Opera Nights
On September 10-12, citizens and guests of Sofia will be able to watch the performance of the opera "Lakme" staged at the park of the National Defence Academy.
Date: 2010-09-01 01:39:20 | Source: Topix.com
Bulgaria, Macedonia signing cross-border co-operation deal  
Bulgaria, Macedonia signing cross-border co-operation deal
Rosen Plevneliev, Bulgaria's Minister of Regional Development and Public Works. Photo: Maria Subotinova Bulgaria's Regional Development and Public Works Minister Rosen Plevneliev and Macedonia's local government minister Musa Xhaferi were scheduled to sign on August 31 2010 a memorandum of understanding on the implementation of a Bulgarian ...
Date: 2010-08-31 21:24:44 | Source: Topix.com
UK house prices drop in August  
UK house prices drop in August
UK house prices fell during August, according to figures from Hometrack. The property intelligence group's data highlights that the average house price dropped 0.3 per cent across the month to £158,300, following a 0.1 per cent decline in July. August's drop has been attributed to a fall in the number of people looking for a new home. Richard Donnell, director of research at Hometrack, said: "The unmistakable fact is that the availability of homes for sale has improved markedly and...
Date: 2010-08-31 21:00:00 | Source: PropertyShowrooms.com
Florida property finding favour with overseas buyers  
Florida property finding favour with overseas buyers
Florida property is back in favour with British buyers, according to Orlando-based firm Coldwell Banker Feltrim. Speaking to A Place in the Sun magazine, the company's chief executive officer Garrett Kenny said that the state's reputation as a tourist hotspot makes it a popular destination for Brits wanting to buy property abroad. "Now is a great time to buy property in Florida as prices have fallen by as much as 50 per cent in some cases and some condos are now selling for less than they...
Date: 2010-08-31 21:00:00 | Source: PropertyShowrooms.com
US home prices increase 4.4%  
US home prices increase 4.4%
The US National Home Price Index rose 4.4 per cent across the second quarter of 2010, according to Standard & Poor's latest S&P/Case-Shiller Home Price Indices. This followed a drop of 2.8 per cent in the first three months of the year and puts US property prices 3.6 per cent higher than a year ago. Of the 20 cities included in the index, 15 saw a year-on-year increase in property prices, with San Francisco and San Diego showing the biggest leaps of 14 per cent and 11 per cent respecti...
Date: 2010-08-31 21:00:00 | Source: PropertyShowrooms.com
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