Sun, Nov 22 2009
Finance Minister Plamen Oresharski
Photo: DESMOND BOYLAN
Bulgaria’s public finances were in for a major collapse, threatening to widen the consolidated budget deficit to between two and three billion leva unless the Government took decisive action, unofficial estimates from the finance ministry showed
The Bulgarian Socialist Party's coalition, which placed second in country's European Parliament elections, will improve its showing in July 2009 national parliamentary elections, Sergei Stanishev says.
Despite appeals by businesses, foreign institutions such as the International Monetary Fund (IMF) and the opposition to scale back spending to counter the economic slowdown, the Bulgarian Government continues to dig deeper as revenue tumbles
More confusing messages from the ruling Socialists as campaigning for European Parliament enters final stretch
Finance Minister Plamen Oresharski blames the world crisis on "the intoxication with the fact that you could make money from nothing", but the same applies to generating economic growth.
Finance Minister recants on Budget revision talk as economy falters
Bulgaria's public finances will switch to hand drive and will factor in the turns of the global economic and financial crisis, Bulgarian Finance Minister Plamen Oresharski said at the spring meeting of the IMF and the World Bank in Washington.
The European Commission is taking Bulgaria to court for delays in providing Sofia with adequate waste disposal facilities.
James Warlick is the spouse of Mary Warlick, director of the office of Russian affairs at the US state department, who has been nominated to serve as ambassador to Serbia
Bulgaria’s Health Ministry announced on November 20 2009 that the flu epidemic declared two weeks earlier is at an end as rates of infection decline. The announcement coincides with reports of two deaths from A (H1N1) flu in Bulgaria.
Acting on allegations by Democrats for a Strong Bulgaria leader Ivan Kostov, prosecutors and Government officials are to probe deals by which Movement for Rights and Freedoms leader Ahmed Dogan acquired various properties.
Prosecutors allege that a deal agreed by the former defence minister caused losses of 12.9 million leva.
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