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.

Internships In Bulgaria to Be Paid

Young adults who do internships in Bulgaria will receive a salary and a labour contract. 

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.

Bulgaria Anticipates Good Grape Crop in 2014

Bulgaria anticipates a big wine grape yield of high quality in 2014, according to Ivan Pachev, Director of the Pleven-based National Institute of Viticulture and Oenology.

Pachev, as cited by the Bulgarian Telegraph Agency, informed that it had been a good winter for vines, with no frost damage.

Record Crowd Expected in Sofia for Ludogorets - Valencia

A record number of 43,000 spectators are expected during Thursday's Europa League match between Bulgaria's Ludogorets Razgrad and Spain's Valencia.

The first leg of the 1/8 finals of the tournament will be played in Sofia's Vasil Levski National Stadium, from 8 PM local time.

Maxim Behar in Davos: А PR Guy Never Grows Old!

Bulgaria's PR expert Maxim Behar gave an exclusive presentation called 'Real life-story shared: 'А PR guy never grows old!'' at the World Communication Forum in Davos.

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. 

2 Bulgarian Parties, 1 Coalition Received Funding from Unclear Sources

According to the National Audit Office, 25 political formations complied with election fundraising rules, while two parties and a coalition received funding from unclear sources.

The report includes 22 political parties, 7 coalitions, and an initiative committee.

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. 

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