Tue, May 22 2012

Press review: Headlines in Bulgarian papers on July 29 2008

Tue, Jul 29 2008 12:25 CET 390 Views

These are some of the top headlines in Bulgarian newspapers on July 29 2008. The Sofia Echo has not verified these stories and cannot vouch for their accuracy.

Politics

- On July 28, the European Commission confirmed that the funding for Bulgaria under the operative programme Transport was frozen because of corruption in the National Road Infrastructure Fund, Sega daily said. The statement refuted the government, which had been denying the fund freezing for days.

Social

- Nearly 19 000 people from the Interior Ministry staff should be laid off, according to the National Movement for Stability and Progress, Sega said. Currently, nearly 63 000 people work for the ministry.

- Transport and Communications Minister Petar Moutafchiev asked for two billion leva for new locomotives and carriages at the ruling coalition summit on July 26-27, the minister said as quoted by Monitor daily.

Economy

- Foreign investors may lose interest in Bulgaria after the European Commission report, Economy and Energy Minister Petar Dimitrov said as quoted by Dnevnik. The direct foreign investments by the end of June 2008 had decreased by 500 million euro, compared to June 2007.

- Bulgarian Commission for Protection of Competition imposed a 150 000 leva fine on four foreign law companies operating in Bulgaria, CMS Cameron McKenna, DLA Piper Weiss-Tessbach, CHSH Cerha Hempel Spiegelfeld Hlawati and CMS Reich-Rohrwig Hainz, because of unfair commercial practices, Dnevnik said.

- Nine foreign banks, Calyon, Societe Generale, BNP Paribas, ING, Lazard, Citigroup, Gazprombank, RBS and Project Finance Solutions, have submitted bids to become the financial consultant of the Bourgas-Alexandroupolis oil pipeline project, Dnevnik said.

  • Print
  • Send via email
  • Translate to
  • Share:

To post comments, please, Login or Register.


Please read the The Sofia Echo forum comments policy.

Investors keen on clean energy, infrastructure, real estate

DLA Piper opened its Bulgarian office in 2006 and now employs about 15 lawyers. It is in talks to expand its local business through acquisitions of new partners.

More in this category

Saab awarded $2.4M military training equipment contract in Bulgaria

The funding is provided under the foreign military sales programme of the US army's Program Executive Office of Simulation, Training and Instrumentation.

Two Brits fined for hooliganism in Bulgaria’s Veliko Turnovo

The UK nationals were arrested after throwing beer bottles at people after being refused entry to a restaurant that had closed for the night.

Tourism: Bulgaria to spend 300M leva on restoring castles, ancient sites

Restoration and development projects include Madara Horseman, Arbanassi fortress, Magura cave.

Sovereign Order of Malta assists hospital in Bulgaria’s Iskrets

Simeon Saxe-Coburg and his spouse Margarita opened a new heating and insulation system at the Tsar Ferdinand Hospital for Pulmonary Diseases in Iskrets, a project implemented thanks to the Embassy of the Sovereign Order of Malta in Sofia and the Nando Peretti Foundation.

Bulgarian Parliament passes confiscation act

According to the law's provisions, the commission will have the power to investigate individuals without prior notification and would not require a criminal conviction in order to launch an investigation.