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Bulgaria Industrialists Blast Govt over Health Insurance Hike
The Bulgarian Industrial Capital Association has criticized the Borisov government for deciding to up the health insurance payments from 8% to 10%.
In a statement issued Friday, the Industrial Capital Association declared the decision, whose aim is to raise more money for the National Health Insurance Fund, "an inappropriate and completely wrong move in the current economic situation and given the uncompleted health reforms,
The industrialists point out that the government made the decision wi...
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Date: 2010-03-12 16:33:12 | Source: Novinite.com
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Bulgarian Tourism Optimistic about German Market
Bulgaria's Deputy Minister of Economy, Energy and Tourism, Ivo Marinov, traveled to Germany Friday to present Bulgaria as a year-round tourist destination at the International Travel Trade Show, ITB.
The largest tourist expo, ITB, opened in Berlin Tuesday with the participation of over 11 000 companies from 187 countries.
Marinov told perspective travelers that beach vacations, ski trips, ventures to cultural and historical sites, SPA and Wellness, are only a fraction of possibilities that awa...
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Date: 2010-03-12 16:19:46 | Source: Novinite.com
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Bulgaria Healthcare Companies Face Challenging Period
Bulgaria pharmaceutical and healthcare companies will face a challenging transition period over the next five years, as the structure and management of the health system and increasing debt need to be tackled.
The country has slipped to 14th place in the sector Business Environment Ratings (BERs) for Emerging Europe, according to a regular report published by the "Companies and Markets" consultancy.
Growth rates in the industry halved in 2009 but, despite slow relative growth expected in many ...
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Date: 2010-03-12 13:57:02 | Source: Novinite.com
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Belgium Company Invests EUR 15 M in Bulgarian Biofuels Plant
The construction of a new plant for the production of biofuels will begin by the end of 2010 in Bulgaria's southern city of Kardzhali.
The information was provided by Yves Crits, CEO of the Belgium company 4Energy Invest, which specializes in renewable energy by creating and managing a portfolio of small to middle-sized locally embedded projects that transform biomass into energy.
Crits is in Kardzhali on the invitation of the Member of the European Parliament, Vladko Panayotov....
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Date: 2010-03-12 12:54:53 | Source: Novinite.com
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EU enlargement commissioner to visit Turkey
'I am confident that at the end of the process it will be a new, modern and reformed Turkey whose accession to the EU will be to the benefit of both the EU and Turkey', Štefan Füle says.
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Date: 2010-03-12 12:15:52 | Source: Sofiaecho.com
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Bulgaria February Mortgage Credit Shoots Up 9%
Bulgaria's mortgage credit market rose by 9% in February, when compared to January, as the result of new credit products and positive media presentation of offers.
Bulgarian banks contributed to the rise by offering new credit facilities in February. Together with an easing of interest rates, which are now once again approaching pre-crisis levels, the financial institutions are now returning to the practise of prior credit approval.
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Date: 2010-03-12 12:12:45 | Source: Novinite.com
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Bulgaria February Inflation Up 0.9% Y/Y
Inflation in Bulgaria is up 0.9% for the month of February year on year, according to data published by the National Statistics Institute (NSI).
In January, inflation was up 0....
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Date: 2010-03-12 11:59:37 | Source: Novinite.com
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Budget Carrier easyJet Lowers Bulgaria Ticket Prices
EasyJet, the low cost airline, has announced a 30% reduction in ticket prices for flights from Bulgaria.
The reductions will apply to passengers traveling from the capital, Sofia, to all four easyJet destinations - Milan, Madrid, Manchester and London.
The online promotion opened on Thursday night, and will continue until Tuesday, March 16....
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Date: 2010-03-12 11:19:49 | Source: Novinite.com
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Bulgaria Power Utility EVN to Invest BGN 100 M in New Plant
Bulgaria's Austrian-owned power utility EVN announced it planned to invest BGN 100 M in a new electricity and heating plant.
The new power plant will be constructed by EVN Bulgaria near the Plovdiv North Heating Plant.
The new facility will be fully funded by EVN, announced Jorg Sollferner, Manager of EVN Bulgaria Toplofikatsia EAD.
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Date: 2010-03-12 10:40:47 | Source: Novinite.com
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