Fri, May 25 2012
Photo: Stoyan Nenov
South Africa’s embassy in Sofia launches a new website including a package of information on the 2010 Football World Cup.
The future of Bulgaria’s big energy projects with Russia remains unclear after ministerial visit
Tourism advertising campaigns to be launched in Germany, the UK and Russia and on three Bulgarian television channels.
The option to postpone the due date was contingent on securing 55 million euro for immediate repayment of the amounts loaned by Belgium's Dexia and Japanese bank Mizuho.
The Eurostat data agency said that unemployment reached 10.9 per cent in March, up from 10.8 per cent in February. The March figure translates to 17.4 million people unemployed in the euro zone.
Citing three separate sources familiar with the deal, Capital Daily reports that the creditors found offers submitted by three bidders unsatisfactory.
Eurobank EFG is left with a 30 per cent stake in the merged entity but has said it will exercise its put option on the remaining holding.
The narrow focus of many euro zone countries on fiscal austerity is deepening the jobs crisis and could even lead to another recession in Europe, said the Director of the ILO Institute for International Labour Studies and lead author of the report, Raymond Torres.

Kamelia Lozanova has been appointed the executive director of the Employment Agency, a position she has held ad interim since September 2011, following the resignation of her predecessor Rossitsa Stelianova. Prior to that, Lozanova was the agency's deputy executive director in charge of international projects and European programmes. She has been with the agency for more than 20 years. Lozanova has a degree in Slavonic philology from the St Kliment Ohridski University of Sofia.

Gloria Dimitrova has been appointed executive director and member of the managing board at Uniqa Life Insurance Bulgaria. Dimitrova began her career in 1998 at the insurance supervision directorate, but moved to the private sector and worked for professional services and insurance brokerage firm Marsh&McLennan and US insurer AIG, both in Bulgaria and the Middle East. She joined Uniqa as regional director for Sofia in 2010. Dimitrova has a degree in economics from the University for National and World Economy in Sofia and a master's degree in insurance from the Business Academy in Svishtov.

Bedros Kalfayan, general manager of skin care and cosmetics company Beiersdorf Bulgaria, will oversee the parent's company units in Romania and Moldova starting April 1. Following company restructuring, Beiersdorf's subsidiaries in the three countries were merged and are now one unit, part of Beiersdorf Central and Eastern Europe. Kalfayan joined Beiersdorf in 2007 as sales manager and was promoted to general manager in 2008. Prior to that, he worked for Axxon Bulgaria, Ferrero and Rubella. Kalfayan has a master's degree in industrial management from the Technical University in Sofia.

Yassen Lyubenov is the new head of marketing at Bulgarian beer brewer Kamenitza. Lyubenov has 12 years of experience in marketing in the fast-moving consumer goods sector and has started his career as assistant brand manager at Kraft Foods Bulgaria. He later became brand manager at Wrigley Bulgaria, with responsibilities for Bulgaria and Macedonia. Prior to joining Kamenitza, he was senior marketing manager at Wrigley Russia, where he was in charge of brand expansion into Ukraine, Belarus, Central Asia and the Caucasus. Lyubenov has a bachelor's degree in international business administration from the University of Lincoln, UK.

Sasha Bezuhanova has been appointed Hewlett-Packard public sector director for emerging markets, where she will oversee HP public sector activities in 63 countries, including Bulgaria. Bezuhanova will also be in charge of HP's relations with the European Union. Bezuhanova has been HP's public sector director for Central and Eastern Europe since 2008; before that she was general manager of HP Bulgaria since 1998. Bezuhanova has a master's degree in electronics from the Technical University in Sofia and has completed a managment programme at INSEAD.
".. but its their country and if they want to F it up thats their prerogative"
If that's what it takes to keep ugly Brits away, let it be...
Beautiful country shame about the people they will never understand service and the reality is they dont want to, so with all that potential nothing will ever happen tourism down 25% more like 50% based on what i have seen most resorts where ghost towns and still the prices where higher than the uk, but its their country and if they want to F it up thats their prerogative
This comment has been removed by the moderator because it contained не е по темата на статията
Kick all the tourists out and take down those stupid hotels - I am all for that.
This slump though, has much more to do with the economic situation in the EU than with BG's tourist industry.
Spain is down 35%, so are most of the other destinations...
I fear that when the economy improves, all that white trash from the North Western EU will flock back for cheap thrills, and continue with the situation.
Stay home!
Photographer Stoyan Nenov had a nice view when he lay in the sand and surreptitiously took the picture above.
What a pair of nice ????.
Yeh little thought was given to planning because the local architects and engineer/planners were too busy counting their illicit gains in brown paper bags for rubber stamping projects which should never have been passed
what does this picture have to do with tourism... nice....
The water in Sunny Beach is not pouring nice to swim in. There are a lot of green slimy Algiers that look like small twigs, moreover, the water is full of white jellyfish of various sizes.
Bulgaria is simply no longer the great bargain that it once was. Prices are high and the quality of the service is low. Massive over building, with laittle thought to planning, has made much of the Black Sea coast ugly. Much of the regions charm is gone and that is a shame.
I invested in Bulgaria but Bansko Ski prices are far too high, the price for food is as high as it is in Austria and the rest of Europe but it is not good food or good value. In addition the taxis in Sofia and in Bansko attempt to charge far too much so are shooting themselves in the foot. If you give good service and treat poeple decently then that is the reason why people will return. Bulgaria is a lovely country but in a lot of ways the prices are high for most things compared to the UK [...]
Read the full comment and when compared to 2006 things have regretably changed for the worse not better. If the outlook does not change then tourists will go to the other resorts where the roads are generally better for people on the move and there is much greater choice in the food in the rest of Europe. I see no reason why Bulgaria does not try and follow in lead given by Spain and Portugal and accept that by improving standards they may be able to get the tourists to return.
It's too late for bs to reverse the negative spiral down in Black Sea resorts. That revenue falls far has to do with all the tourists from the Scandinavian countries has fallen by about 65% this year and will fall more next summer. These tourists have paid almost full price for the hotels, while tourists from Bulgarias neighbors countries paid half. None who have been in BS encourages others to go there, on the contrary, it discourages people from traveling there.
I hope that this results will trigger some kind of rethinking of the tourism strategy of municipalities, hotel owners and the whole tourism industry.
New concepts and strategies have to be found. Destroying of beautiful landscape with hotel complexes and apartment houses nobody needs. much more quality in service !!!
I am from CE and most of the people I have met who have done a vacation in BG will most likely not return, because they experienced extreme low quality.
I have seen what was done to Bansko - the very good and nice [...]
Read the full comment skiing area is totally destroyed by uncontrolled building strategy in the former very beautiful village. people have to understand, that vacation quality also includes overall feeling and service quality (what is the benefit of a nice skiing area, when you have apre ski in the village you have the impression you rest on a construction area).
if the consumer is not finding his/her recreation felling he/she will never come back, even when the price is attractive or low...