: :inin Kyiv (EET)

Section: Bulgaria

Eastern Partnership starts as formal initiative, yet with serious consequences
Jun23

Eastern Partnership starts as formal initiative, yet with serious consequences

The Eastern Partnership is an initiative of the European Union governing its relations with its neighboring states. The initial idea that envisaged development of the neighborly relations turned quite divergent. On one hand, it envisaged a common policy framework towards Libya and the Palestine and on the other hand it aimed at establishing...

International Powers Discuss Minsk Ceasefire Progress in Paris
Jun23

International Powers Discuss Minsk Ceasefire Progress in Paris

The Foreign Ministers of France, Germany, Ukraine and Russia will be meeting Tuesday in the French capital Paris to hold talks on the Ukraine crisis, Reuters reported. The French Foreign Minister Laurent Fabius stated on June 17 that the government representatives will be discussing the effective execution of the ceasefire deal that was Sergey...

EU Extends Sanctions on Russia
Jun22

EU Extends Sanctions on Russia

EU foreign ministers agreed Monday to back the extension of economic measures imposed on Russia until June of next year.This is a six-month addition to measures which would have otherwise expired at the and of January 2016. EU has extended economic sanctions against Russia until 31 January 2016, with a view to complete implementation of Minsk...

Two US Tanks Roll into Bulgaria
Jun22

Two US Tanks Roll into Bulgaria

A pair of M1A2 Abrams battle tanks have arrived in Bulgaria by plane, the country’s Defense Ministry has said.The vehicles, flown into Bulgaria from the American Rammstein Air Base in Germany, are due to take part in the Power Shock drill at the Novo Selo military ground near Sliven.The exercises is part of NATO’s war games unfolding...

Fitch Reaffirms Bulgaria’s Credit Rating at BBB- with Stable Outlook
Jun20

Fitch Reaffirms Bulgaria’s Credit Rating at BBB- with Stable Outlook

Fitch Ratings on Friday affirmed Bulgaria’s long-term foreign and local currency Issuer Default Ratings (IDR) at BBB- and BBB, respectively.Outlook for both ratings are stable, Fitch said in a statement. GDP growth is projected at 1.2% for 2015 and 1.5% for 2016 respectively, “below potential growth, which is estimated to be between...

Ognian Donev: Pro-generic medicine policy favors society
Jun19

Ognian Donev: Pro-generic medicine policy favors society

According to one of the purposes of the latest healthcare strategy, Bulgaria has to spend more public funds for medical treatment of patients with generic medicines, which are much cheaper than the original drugs. Thus, this country would be able to save a substantial amount of money. Chairman of the Board of Directors of Sopharma pharmaceutical...

Worldwide Displacement Hits New Hight, UNHCR reports
Jun18

Worldwide Displacement Hits New Hight, UNHCR reports

Conflicts and violence across the world have increased the number of people forced to leave their homes to the record 60 million on a global scale, as reported by the UN. The number of people going away from their homes has increased by 8,3 million since 2013, marking the biggest increase in history, according to a recent UNHCR global trends...

Bulgaria’s agriculture in search of its priorities
Jun18

Bulgaria’s agriculture in search of its priorities

Absence of national priorities and targets: these sum up the main problems that Bulgarian agriculture faces. This has been the conclusion of the Economic Research Institute at the Bulgarian Academy of Sciences (BAS) following a major survey on how European financing was being spent during the first programming period 2007-2013 under the...

Greece-Russia Political Agreement on Gas Pipeline ‘Ready’
Jun17

Greece-Russia Political Agreement on Gas Pipeline ‘Ready’

Greek Energy Minister Panagiotis Lafazanis has said that the political part of an agreement between Moscow and Athens over an extension to the so-called “Turkish Stream” pipeline is now ready to sign.”We intend on developing our good ties, and we have the opportunity… to sign a political agreement [between] Russia and...

Outlook on Bulgaria’s Tourism Season Good Despite EU-Russia Crisis
Jun17

Outlook on Bulgaria’s Tourism Season Good Despite EU-Russia Crisis

Improved weather conditions compared to last year and low euro will contribute to a better tourism season despite the expected drop in numbers of Russian and Ukrainian tourists, the head of a tourism think-tank says.Russians visiting Bulgaria during their summer holidays this year will be some 20% down from 2014 (150 000 less than the 660 000...

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