Section: Novinite (Bulgaria)
Fitch Reaffirms Bulgaria’s Credit Rating at BBB- with Stable Outlook
Fitch Ratings on Friday affirmed Bulgaria’s long-term foreign and local currency Issuer Default Ratings (IDR) at BBB- and BBB, respectively.Outlook for both ratings are stable, Fitch said in a statement. GDP growth is projected at 1.2% for 2015 and 1.5% for 2016 respectively, “below potential growth, which is estimated to be between...
Worldwide Displacement Hits New Hight, UNHCR reports
Conflicts and violence across the world have increased the number of people forced to leave their homes to the record 60 million on a global scale, as reported by the UN. The number of people going away from their homes has increased by 8,3 million since 2013, marking the biggest increase in history, according to a recent UNHCR global trends...
Greece-Russia Political Agreement on Gas Pipeline ‘Ready’
Greek Energy Minister Panagiotis Lafazanis has said that the political part of an agreement between Moscow and Athens over an extension to the so-called “Turkish Stream” pipeline is now ready to sign.”We intend on developing our good ties, and we have the opportunity… to sign a political agreement [between] Russia and...
Outlook on Bulgaria’s Tourism Season Good Despite EU-Russia Crisis
Improved weather conditions compared to last year and low euro will contribute to a better tourism season despite the expected drop in numbers of Russian and Ukrainian tourists, the head of a tourism think-tank says.Russians visiting Bulgaria during their summer holidays this year will be some 20% down from 2014 (150 000 less than the 660 000...
Bulgaria Ranks 32nd in 2015 Global Peace Index
Bulgaria ranked 32nd in the 2015 Global Peace Index with a score of 1.607, with the state of peace in the country identified as “high”. Thus, the country’s score has slightly deteriorated from 2014, when Bulgaria ranked 29th. The latest index of the Institute for Economics and Peace shows that the world is becoming increasingly divided with...
US Plans on Weapons in Eastern Europe ‘at Early Stage’
A US plan to deploy heavy weapons and forces in Eastern Europe is still in an early planning stage, White House Spokesman Josh Earnest has said.Earnest commented Monday for the first time on reports of the New York Times that Washington is weighing an option to send heavy equipment to Poland and the Baltics, and also elsewhere in Eastern Europe...
Poland in Talks over Stationing Heavy US Weapons on Its Soil
Polish Defence Minister Tomasz Siemoniak has said Warsaw is in talks with Washington over the stationing of heavy US weapons on Polish territory. The deployment of US battle tanks and other heavy weapons in Poland had been discussed with US Defence Secretary Ashton Carter during Siemioniak’s visit to Washington on 19 May, Siemoniak said in...
Die Presse: OMV May be Planning ‘Russian Nabucco’ Gas Pipeline
The future head of Austria’s OMV Rainer Seele appears to be planning a new route for Russian gas to Europe bypassing Ukraine jointly with Gazprom, according to Austrian newspaper Die Presse. Seele will take the helm at one of the most powerful energy companies in central Europe on 1 July to replace OMV’s current CEO Gerhard Roiss, who...
Bollywood Star to Participate in Video Advertising Bulgaria as Tourist Destination
The star of Bollywood cinema Ajay Devgan will participate in a promotional video on Bulgaria advertising the country as a tourist destination, which will be broadcasted in India. This was announced by Bulgarian Tourism Minister Nikolina Angelkova in the city of Varna on Friday after a meeting with local authorities and representatives of the...
MEPs Deem Russia Is No Longer EU’s Strategic Partner
The European Parliament adopted on Wednesday a non-legislative resolution, which deems that Russia is no longer a strategic partner of the EU. The resolution also called on the EU to critically re-assess its relations with Russia and devise a soft-power plan to counter Moscow’s aggressive and divisive policies. According to the document,...
