Section: Bulgaria
Bulgarian Euroins Insurance Group to Launch Georgian Insurance Market
Insurance company ‘IC Group’ has been sold and has become a member of a major Eastern European insurance company – Euroins Insurance Group (EIG). The press conference and the agreement-signing ceremony were hosted by the Rooms Hotel on December 11. To complete the first phase of the merging process, Georgia was visited by the Deputy CEO of...
Bulgarian Foreign Minister Ekaterina Zaharieva Will Take Part in the Foreign Affairs Council in Brussels
Deputy Prime Minister and Foreign Minister Ekaterina Zaharieva will take part in the Foreign Affairs Council, which will take place on December 10 in Brussels, reported BGNES. The meeting will begin with a discussion on topical issues, including the situation in Sri Lanka, Yemen and Syria. The action plan against disinformation, announced by the...
Minister Zaharieva about Kerch Strait events: No one wants rise of tension
Nobody wants a rise of tension, Bulgarian Deputy Prime Minister Ekaterina Zaharieva told Bulgarian journalists at the EU Foreign Affairs Council in Brussels on the occasion of the events in the Kerch Strait. The Council of the EU has called for the immediate release of detained seamen and vessels, as well as for resuming free shipping across the...
Bulgaria Would Face ‘Major Crisis’ if Black Sea Tensions Worsen
/Reuters/ Bulgaria would face a “major crisis” if military tensions in the Black Sea were to worsen, Prime Minister Boyko Borissov said on Friday, after Russia’s capture of three Ukrainian naval ships and its crews last month prompted fears of an escalation. Ignoring Western condemnation of the incident, Russia says Ukraine illegally...
BNB Governor: The Adoption of the Euro will not Generate Unhealthy Inflationary Impulses in Bulgaria
Adopting the euro will not generate inflationary impulses above the health levels, but that does not mean that prices will remain unchanged. This is a process of real convergence, which means bringing both incomes and prices closer to the average in Europe. BNB Governor Dimitar Radev said on BNT, reports Dnevnik. He explained that there will be...
Possible military conflict in Black Sea would have negative effect on Bulgaria: Premier Borissov
Bulgaria’s Premier Boyko Borissov expressed great concern about the recent developments in the Black Sea and called on the countries to show prudence and refrain from actions that would trigger a military conflict. Sailing warships into the Black Sea would inevitably result in a huge crisis, Premier Borissov said in connection with...
CNN: US Makes Preparations to Sail Warship into Black Sea Amid Russia-Ukraine Tensions
The US has begun making the necessary preparations to sail a warship into the Black Sea, a move that comes amid heightened tensions in the region following Russia’s seizure of Ukrainian ships and detention of Ukrainian sailors. The US military has requested that the State Department notify Turkey of its possible plans to sail a warship into...
Bulgarian PM: The Black Sea Should be a Place For Tourism, For Gas Pipelines, not For Warships
”The conflict in the Black Sea is a conflict that common sense should not allow”, Prime Minister Boyko Borisov told the media in parliament, BGNES reported. ”The Black Sea should be a place for tourism, for gas pipelines, not for warships. There are currently no warships in the Black Sea”, Boyko Borissov added on the...
Bulgaria Has Not Received Information About Increased NATO Presence in Black Sea
”We have not received any information that the USA intends to sail more warships into the Black Sea in connection with the situation in Ukraine”, Bulgaria’s Deputy Premier and Minister of Defense Krasimir Karakachanov announced, quoted by the Bulgarian National Radio. ”Warships of Non-Black Sea powers may not remain in the...
Bulgaria has not received information about increased NATO presence in Black Sea
We have not received any information that the USA intends to sail more warships into the Black Sea in connection with the situation in Ukraine, Bulgaria’s Deputy Premier and Minister of Defense Krasimir Karakachanov announced. Warships of Non-Black Sea powers may not remain in the Black Sea longer than 21 days, the Montreux Convention...
