Latest News from Bulgaria
EUR 130M Invested in Bulgaria's Commercial Property in 2014 - Experts
Doubling of investments in Bulgaria's commercial real estate is expected in 2014, according to the advisory company Forton.
In 2013, Bulgaria saw acquisitions worth EUR 54M which is 26% more than in 2012. Due to the low levels in 2012-2013, Forton experts predict that in 2014 the volume could be doubled and reach between EUR 100-130M, Bulgarian Standart news reports.
Property of Bulgaria's Burgas Shipyards Put Up for Sale
The property of Bulgaria's Burgas Shipyards AD is being put up for sale.
The procedure was launched upon the request of the creditors and a writ of execution issued by the Burgas Regional Court, according to reports of the BGNES news agency.
The announcements have already been published in the public sales register.
Bulgarian Parliament Approves Dual Education, 'Protected Jobs' List
Bulgarian Council of Ministers is to prepare a list of "non-prestigious" occupations needed by businesses.
The measure was announced after MPs approved at a first reading changes to the Law for Professional Education and Training jointly proposed by the ruling Bulgarian Socialist Party and the biggest parliamentary opposition GERB, website Dnevnik.bg has reported.
Bulgaria's Dogan Attacker Placed Under House Arrest
Bulgaria's Sofia Appellate Court placed Oktay Enimehmedov, the attacker of the honorary, lifetime Chairman of DPS Ahmed Dogan, under house arrest, Thursday.
On February 26, Enimehmedov was sentenced to a 3.6 years imprisonment by Sofia City Court. He was found guilty of death threat and acquitted of attempted murder.
Bulgaria Has Formally Completed US Conditions For Visa Removal
Bulgaria has formally fulfilled the last requirement for the removal of US visas for Bulgarian citizens.
The draft intergovernmental agreement between Bulgaria and US on exchanging information on targeted terrorism surveillance, approved by Bulgaria's government on Wednesday, creates a legal framework for bilateral exchange of information with a view to preventing terrorism.
3% of Global Retail Chains Plan Expansion in Bulgaria – CBRE Report
Bulgaria ranks 46th in a report of property consultants CBRE on the top destinations for expanding global retail chains.
According to the survey, as cited by investor.bg, some 3% of the polled international retail chains expressed interest in expanding their business in Bulgaria.
Macao, India, Oman and Serbia have similar scores.
Amendments Ban Foreigners from Driving Cars with BG Plates Abroad
Amendments to Bulgaria's Traffic Act, passed at first reading in Parliament on Thursday, ban foreigners from permanently driving cars with Bulgarian registration plates.
If the amendments come into effect, the Bulgarian car registration will have to be terminated and the plates returned. The violators would face a fine of BGN 300.
Bulgaria's President to Meet Queen Elizabeth II
The British embassy in Sofia said that Bulgarian President Rosen Plevneliev is to meet Queen Elizabeth in London on March 18.
During his visit to the UK, Plevneliev will be accompanied by a business delegation who will attend a business forum organized by the UK department for trade and investment.
Bulgarian Security Agency Warns Of Increased Terrorist Risk
There is an increased risk of extremist and terrorist groups in Bulgaria, concluded a report of the State Agency for National Security (DANS).
The agency has identified the “considerable risks for national security”, but did not specify them. In 2013 it has investigated nearly 100 000 dubious people and has deported from Bulgaria 128 foreigners, deemed dangerous for Bulgaria.