Wed 19 Nov 2008
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NEWS OF THE HOUR

Bulgarian Tycoon Kovachki Appeals against Record High Bail

Bulgarian energy tycoon Hristo Kovachki appeals against his record-high bail of BGN 300,000 demanded by the prosecution after the businessman was charged with gross tax evasion.

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Bulgaria Finance Minister Signs Two Loan Agreements with World Bank

The Bulgarian Finance Minister Plamen Orecharski signed on Tuesday two agreements for over EUR 140 M with the International Bank for Reconstruction and Development - the World Bank.


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FT: Bulgaria Ignores Global Financial Crisis Threats
As the line of countries asking the International Monetary Fund for bail-outs grows bigger, Bulgaria continues to ignore warning signals that the global financial crisis could have grave effects on its economy, according to the Financial Times. read |
more from Business

Bulgaria Social Minister Proposes Establishment of Young Families Council
The establishment of an Advisory Council of young families in Bulgaria to discuss the issues of different social groups was proposed on Tuesday by the Bulgarian Social Minister Emilya Maslarova. read |
more from Politics
 

Trial against Bulgarian Former Bully Mayor Drags on
Sofia City Court postponed Tuesday the case against Fidel Beev, ex-mayor of the town of Velingrad, accused of tax evasion. read |
more from Crime

Two Die on Bulgarian Roads Overnight
Two passengers died as 26 heavy car crashes were reported overnight across Bulgaria, according to the data of the country's Interior Ministry. read |
more from Society
 


UEFA President Michel Platini Arrives to Bulgaria
UEFA President Michel Platini arrived Wednesday in Sofia for discussions with the national association and government officials, as part of his four-nation tour that started Tuesday. read |
more from Sports
 

Russia Approves Bill for Presidential Term Extension
The Russian Duma on Wednesday voted 351-57 to approve the second reading of a bill extending the presidential term from four to six years. read |
more from World

N.O.H.A, Kompott and Kosta Kostov Play at First Teren Party in Sofia
Fans of the experimental sound are to enjoy November 22 the extravagant Teren party in the 4th kilometer club in Sofia, where bands N.O. read |
more from Lifestyle


Sheikh Seeks Millions from King of Pop
The son of an Arab monarch is taking the King of Pop to court over an album and an autobiography Michael Jackson was allegedly paid for but never produced, CNN reported Tuesday. read |
more from Showbuzz

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The election of a less experienced in foreign policy Democrat as US President over a Republican and Vietnam War veteran is going to:


Would not have any significant effect on Bulgaria. - 67
Have a positive influence on the US-Bulgarian political and business relations. - 53
Have a negative influence on the US-Bulgarian political and business relations. - 17

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