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21:35 Tue 07 Oct 2008
If in a few hours’ time, John McCain follows through with his telegraphed strategy of trying to turn the televised October 7 presidential debate into a “Who is Barack Obama?” spectacle, he will be making one of the most profound mistakes of his long political career, and could read more
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15:53 Mon 06 Oct 2008
A shocking TV documentary about the state of Bulgaria’s schools is set to shake the Education Ministry and the Government itself to its very foundations. BTV reporter Stoyan Georgiev’s powerful documentary, To The Teacher With Love, shows how bad things are in our country’s read more
 
 
 
18:04 Tue 07 Oct 2008
Barack Obama or John McCain? Your choice
If you have always wanted to have a say in the United States' presidential elections, your chance has arrived. Kind of. If the World Could Vote, a project started by three young men from Iceland, asks that question, and poses it to the world. The internet-based survey allows read more
 
17:48 Tue 07 Oct 2008
Bulgarian judiciary loses efficiency, World Bank says
Over the past seven years the efficiency of Bulgarian judiciary has gone considerably down, despite the increase of funds spent on it, was one of the conclusions of a World Bank report on the judiciary, announced on October 7 2008 in Sofia, Bulgarian-language Dnevnik daily read more
 
 
 
17:27 Tue 07 Oct 2008
Djevdjet Chakurov, the Environment Minister, turned the first sod on the construction site of the waste water treatment facility in the town of Smolyan, southern Bulgaria, on October 7, the ministry said in a statement. The new high-tech facility will service the town of the read more
 
17:08 Tue 07 Oct 2008
Macedonia should take part in the building of a new Bulgarian nuclear plant or acquire some of Kosovo’s coal mines to avoid a future energy crisis, the country’s president urged. Unfortunately, the government has so far stayed deaf to these suggestions, Branko Crvenkovski’s read more
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BNB Fixing 07 Oct 2008
EUR1.3634USD
EUR0.7358GBP
EUR1.95583BGN
USD1.43452BGN
GBP2.53084BGN
 
 
 
 
Weekly news
 
Gas pressure buildsPrice hikes to slam the brakes on economic growth?Alex Bivol
Gas pressure builds
After consistently rejecting price increases demanded by state-owned gas company Bulgargaz and handing out single-digit hikes, the State Energy and Water Regulatory Commission (SEWRC) relented at the end of September and granted an increase of 23.9 per cent as of October 1. It read more
 
Hello Big Brother The row over MPs’ phone records deepensPetar Kostadinov
The State Agency for National Security (SANS) that was created in response to serious internal problems in the Interior Ministry is facing similar challenges. This is one conclusion that could be drawn from the big scandal into which SANS has fallen in only a year and a half read more
 
On the edgeGreece’s government is just one MP away from losing its majority in parliamentSpasena Baramova
On the edge
On September 30, Greek prime minister Kostas Karamanlis, in line with his recently declared determination to no longer tolerate any inner-party criticism and defiance, fired a rebellious member of ruling New Democracy’s (ND) parliamentary group, thus hitting the absolute read more
 
 
 
 
STOCK WATCH: Where is the bottom?Good news appears to have little impact on the Bulgarian stock marketAlex Bivol
STOCK WATCH: Where is the bottom?
Even with the impact of the global financial crisis in Europe widening, so far Bulgaria has been spared the worst of the storm, the only notable exception being the Bulgarian Stock Exchange (BSE). Over the first nine months of 2008, numerous column centimetres across the globe read more
 
Staying putActavis: Bulgarian factories not for saleDesislava Nikolova
Staying put
Just one of Actavis’ Bulgarian factories can produce 6.5 billion pills annually – that’s one for every person on Earth, reckons Sigurdur Oli Olafsson, the new chief executive officer of the Icelandic drug maker. Actavis is the-fifth largest maker of generic pharmaceutical read more
 
Bulgarian tourism: Destination unknownAn industry developed in chaos, and suffering as a resultSvetlana Guineva
Bulgarian tourism: Destination unknown
The influx of foreign tourists to Bulgaria for 2008 has increased by 20 per cent, despite the fact that, for the past 15 years, the tourist industry has developed in legislative and planning chaos. The country lacks adequate advertising and international marketing, and yet it read more
 
 
GERMANY IN BULGARIA: Learning German in BulgariaGerman is the second most-studied foreign language in Bulgarian high schoolsElitsa Grancharova
GERMANY IN BULGARIA: Learning German in Bulgaria
Why would a Bulgarian choose to study German in her or his own country? Studying a foreign language is a challenge, but also provides opportunities and opens doors to another culture, one distant but yet so close, as it is also European. There are, of course, other connections read more
 
GERMANY IN BULGARIA: The frugal exporterGermany should be on the radar of Bulgarian investorsElena Koinova
In a year beset by the tribulations of the global financial crisis, the German minister of economics and technology Michael Glos celebrates the German economy’s triumph. Sounder public finance, rising employment and falling unemployment, growing individual incomes and read more
 
GERMANY IN BULGARIA: Busier than in the past 20 yearsGerman ambassador Michael Geier talks transition and economyElena Koinova
GERMANY IN BULGARIA: Busier than in the past 20 years
Walking past a long line of wall-hung photos of former German ambassadors to Bulgaria to the doorstep of the incumbent, I could not help wondering what legacy his tenure would leave. I did not have to wonder long. Michael Geier arrived in July 2006, in the run-up to an historic read more
 
FILM REVIEW: Eagle Eye/Орлово окоPavel Ivanov
Eagle Eye reportedly started as an idea of Steven Spielberg’s, but ended up being an insult to the intelligence even of those who deliberately switch their brains off when entering the theatre. Preposterous is too benign a word for what passes for a plot here and the chaotic read more
 
 
 
 
Quantum of SillinessClive Leviev-Sawyer
Quantum of Silliness
Once upon a Cold War time, MI6 would have been on the opposite side to Bulgaria’s spooks. Now, it seems, they are dead keen to outdo each other in the silliness stakes. We know from a recent column by The Sofia Echo’s Rene Beekman that Bulgaria’s State Agency for National read more
 
In the darkPetar Kostadinov
In the dark
Having control over its crime fighting services is vital for a country’s wellbeing. This was what was missing in communist Bulgaria and it seems is still missing in democratic Bulgaria. This is one of the unfortunate conclusions we can draw from the row surrounding the read more
 
Bad timingRory Parsons
Bad timing
Soon be time to turn the clocks back again. But...er...why bother? Who takes the slightest bit of notice as to what hour it is anyhow? Let’s face it some people here plainly run on Moscow time, some Johannesburg, most sleepy students moonlight on a Dracula-like schedule, and read more
 
 
Alonso wins in SingaporeNick Iliev
Alonso wins in Singapore
Spanish Formula One ace Fernando Alonso claimed his first triumph and podium ascent of the season by winning the 2008 Singapore Grand Prix on September 28. Alonso performed strongly during the practice runs from the very beginning and affirmed his desire to achieve something read more
 
 
Paintball BGMagdalena Rahn
Paintball BG
Paintball always sounded like one of those hyper-macho activities, a sort of sport of shoot-and-kill that paraded as a leisure activity or game. It’s not that bad, as we recently discovered. In planning, friends unknowingly arranged our outing with the oldest paintballing read more