Bulgarians celebrate authors of Cyrillic script on May 24: Photos

Ivan Totev And Metropolitan Nikolai Photo Clive Leviev Sawyer E1369399846282

On May 24, Bulgarian held its annual celebrations of the public holiday honouring Saints Cyril and Methodius, the Day of Slavonic learning and culture. Throughout the country, parades and processions were held, with school pupils bearing banners, balloons and portraits of the two founders of the Cyrillic script, as well as giants of Bulgarian literature. Among the processions was that …

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Bulgarian Cabinet passes new rules on state companies’ deposits

50 Leva Notes 9 Photo CLS E1354613863947

Bulgaria’s caretaker Cabinet approved, at its meeting on May 22, the amendments to the government regulations on deposits held by …

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Bulgaria’s caretaker Cabinet to table energy sector amendments

Marin Raykov Govt Bg Crop E1365778313604

Bulgaria’s caretaker Cabinet will table a bill of amendments to the country’s energy sector laws in Parliament, caretaker Prime Minister …

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Bucharest meeting gives Nabucco project a spur

Ro16

The investment decision for developing the Nabucco project will be taken in 2013 while the actual construction will start in …

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Bulgaria’s electricity regulator plans industrial price cut

Electricity Power Cables

Bulgaria’s State Energy and Water Regulatory Commission (SEWRC) said on May 21 that it was preparing a new price calculation …

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EU approves rescue loan for LOT Polish airlines

Lot Polish Airlines E1355434259625

The European Commission has concluded that a rescue loan of PLN 400 million granted by the Polish government to Poland’s …

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Bulgarian lorry drivers block border with Turkey again

Turkish Flag

Bulgarian lorry drivers once again blocked the main two checkpoints on the border with Turkey on May 16, the second …

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Euro zone annual inflation down to 1.2% in April

Percentile Decline

Euro zone annual inflation was 1.2 per cent in April, down from 1.7 per cent a month earlier, European Union’s …

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EU inspects four firms in oil price-fixing probe

oil refinery on a sunset or sunrise background

The European Union has launched an antitrust investigation into possible price manipulations for oil and biofuel products. Authorities made unannounced …

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Bulgaria records minimum growth in Q1, EU still in recession – flash estimates

Percentile Decline

Bulgaria’s economy posted 0.1 per cent growth in the first quarter of the year, the National Statistical Institute (NSI) said …

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Safety nets shielded Europe’s poorest from crisis

copper and silver coins in a pile

New figures from the Organization for Economic Cooperation and Development show that social welfare programs shielded some of the poorest …

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