Latest News from Bulgaria

Trial Against Bulgaria's ex-IntMin Adjourned Again

Sofia City Court has once again put off the trial against former Bulgarian Interior Minister Tsvetan Tsvetanov, as a juryman was not present.

Wednesday's court session was to address a BGN 50 569 (around EUR 25 285 EUR) embezzlement claim and to include hearings of high-profile witnesses.

Bulgaria's Railway Companies Garnished by Lenders

The main offices of Bulgarian State Railways and National Railway Infrastructure Company have been placed under injunction upon lenders' request.

As of April 16, 2014, the state-owned companies can neither sell nor put out to lease their main headquarters buildings, both located near the Central Railway Station Bulgaria's capital Sofia.

Bulgarian Stock Exchange Celebrates 100th Anniversary

The Bulgarian Stock Exchange (BSE) celebrated its 100th anniversary on Tuesday.

On April 15, 1914, the BSE was created through a decree of Tsar Ferdinand, investor.bg reports.

"According to the decree, the first real joint stock company was created in 1862,' said Rumen Sokolov from BSE-Sofia in an interview for Bulgaria On Air TV

April Snow Surprises Sofia

Citizens of Bulgaria's capital Sofia awoke on Wednesday morning to see snowfall outside their windows.

Unseasonably cold temperatures have gripped much of the country just days before the Easter holidays. In the higher areas, snow cleaning vehicles had to be dispatched overnight.

Bulgarian Parliament to Mark 135th Anniversary of Tarnovo Constitution

Bulgaria's Parliament will hold a ceremonial sitting to mark the 135th anniversary of the adoption of the Tarnovo Constitution.

The Tarnovo Constitution was Bulgaria's first Constitution. It was adopted on April 16, 1879 by the Constituent National Assembly held in the city of Veliko Tarnovo. It remained in effect until December 4, 1947, with amendments in 1893 and 1911.

Kremlin threatens gas supplies to Southeast Europe

Kremlin threatens gas supplies to Southeast Europe

Several nations receive Russian gas via Ukraine. In other business news: Albania's credit rating sees improvement and Turkey's military spending surpasses Canada.

The EU says Russia should not politicise its contractual shipments of gas. [AFP]

Difficult, But Successful Start for Dimitrov in Monte Carlo

Bulgaria's Grigor Dimitrov qualified for the 2nd round of the Masters tournament in Monte Carlo by beating Marcel Granollers 6:2, 4:6, 6:2.

The match was going according to plan for the Bulgarian, as he took the first set comfortably. After an even second set until 3:3, the Spaniard took his first break of serve and followed on to win 6:4.

Hotel Izvor from Arandjelovac best in Balkans

ARANDJELOVAC - Hotel Izvor from Arandjelovac has won the prestigious award for best hotel in the Balkans that is presented annually by the Balkan Alliance of Hotel Associations (BAHA), the hotel stated on Tuesday.

Georgi Mladenov Becomes Bulgaria’s National Basketball Coach

Georgi Mladenov is the new head coach of Bulgaria's men's national basketball team.

Mladenov's contract will be for 3 years, with the option of a 1 year extension depending on results, Sportal.bg revealed. The executive board of the Bulgarian Basketball Federation elected Mladenov with a majority of votes. The other contenders were Jovica Arsic and Lyubomir Minchev.

Audit at Power Distributor CEZ 'Showed No Lapse'

The audit being conducted by Bulgaria's energy watchdog DKEVR at Czech-based power distributor CEZ has found no lapses so far, the company announced on Tuesday.

According to results of the financial inspection, no violation of license duties has been committed by the power distributor, Dnevnik.bg has reported.

Bulgaria's State Railways Liabilities Down by BGN 100M – Min

Bulgarian State Railways company financial liabilities have been reduced by more than BGN 100M, Transport Minister Danail Papazov said, Tuesday.

At the end of 2013, the company's debt amounted to BGN 624M, and currently it is about BGN 605M, Papazov claimed and assured that another BGN 50M will be paid off by the end of 2014, according to Bulgarian media reports.

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