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SOFIA MORNING NEWS FOR 2016-12-05
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5 December 2016, Issue 4713
by Novinite.com
Bulgaria's Daily Newspaper since 2001
7337 subscribers of Novinite.com
160337 articles
590 interviews
10546 pictures
 
BUSINESS POLITICS WORLD SOCIETY SPORTS FORUM
 
High Voting Activity in Italy's Referendum


A constitutional referendum is being held in Italy. It started at 7 am local time and will continue until 11 pm. read
Austrians To Vote for President


Voters in Austria will have to determine on Sunday who their new head of state will be. For the first time since World War II, there is real possibility for the president of a Western democracy to belong to the far right. read
Turkey, Russia To Trade With Each Other In Their Own Currencies


Turkey and Russia will trade with each other in their national currencies. Turkey will pay in roubles and Russia will pay in Turkish liras, stated Turkish President Recep Erdogan in a speech in Istanbul pointing out that they have agreed on this with Russian President Putin. read
 
 
TOP NEWS
HIGH VOTING ACTIVITY IN ITALY'S REFERENDUM

A constitutional referendum is being held in Italy. It started at 7 am local time and will continue until 11 pm.

Voting activity until 12 pm local time was 20.10%. The record was set in Bologna – nearly 27%. read more


FINANCE

FITCH AFFIRMS BULGARIA'S BBB- RATING

Fitch ratings has announced it affirms Bulgaria's Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at BBB-.

Outlook is confirmed as Stable. read more


S&P CONFIRMS 'JUNK' STATUS OF BULGARIA

Ratings agency Standard & Poor's has retained the sovereign rating of Bulgaria as BB+/B, with a stable perspective, the Finance Ministry has said.

Its value remans at a "junk" level, where the country has been since December 2014 due to the developments with Corporate Commercial Bank (Corpbank or KTB), the assistance provided to First Investment Bank, and the overall fiscal deterioration. read more


DOMESTIC

INTENSE TRAFFIC AT KAPITAN ANDREEVO, DANUBE BRIDGE

There is intense traffic at the Bulgarian-Turkish border at the border cross checkpoint Kapitan Andreevo, announced Border Police.

The situation is even worse at the Bulgarian-Romanian border. At the exit of border cross checkpoint Danube Bridge Vidin, there is a 4-km queue of cargo trucks. read more


BSP TO RETURN MANDATE

On Wednesday, BSP will return the mandate and will not participate with its own cadres in a new government within the framework of the current Parliament, announced on BNR the left-wing deputy Georgi Svilenski.

“We will not only not participate but we will return the mandate – we will not keep it, we will not nominate candidates for any government, be it a caretaker government – that of President Plevneliev or that of President Radev .And BSP will participate with its own ministers only when it wins the parliamentary elections.” read more


CSKA OWNER CONFIRMS MEETING BETWEEN BANKER VASILEV, GERB'S BORISOV TOOK PLACE

The owner of CSKA football club Grisha Ganchev has confirmed that there was a meeting between banker Tsveten Vasileva and the leader of GERB Boyko Borisov.

On Nova TV, he related in detail about the meeting which he attended. read more


PATRIOTIC FRONT'S KARAKACHANOV: SIX MONTHS OF ANARCHY TO BE EXPECTED BEFORE SNAP ELECTIONS

The Patriotic Front and the Reformist Bloc will probably not agree although they are ready to meet on the issue of forming a government.

This became clear from the statement of the co-chairman of PF Krasimir Karakachanov. The Patriots will insist on a greater increase in pensions and will set this as a condition for their support for a government with an RB mandate. They will also insist on more serious measures for dealing with the migrant influx, explained Karakachanov on Nova TV. read more


GERB NOT TO SUPPORT GOVT WITH REFORMIST BLOC MANDATE

“It is not right for the biggest political force to back a significantly smaller one,” stated Deputy PM Rumyana Bachvarova in relation to the intention of President Rossen Plevneliev to hand a mandate for the forming of a government to the Reformist Bloc.

“After the elections, layers have shifted. The Reformist Bloc has a different constitution than when it joined the government. The most correct solution is hold new elections,” added Bachvarova. read more


BULGARIAN PM'S PARTY WILL ONLY BE PART IN GOVT IF IT WINS ELECTION

Bulgarian Prime Minister Boyko Borisov has said his conservative GERB party will not participate in any cabinet made after the early election unless it emerges it gets the biggest share of the vote.

In an address to party members dedicated to GERB's ten-year anniversary, cited by Focus News Agency, Borisov has vowed to put forth all effort to pursue an "innovative economy, a prosperous, stable, modern Bulgaria with a strong, healthy and educated civil society." read more


BULGARIA'S PM 'MAY STAY IN OFFICE UNTIL JANUARY'

President Rosen Plevneliev and outgoing Prime Minister Boyko Borisov have pondered an option to keep the current government in office until the new head of state takes over in January, daily 24 Chasa says, citing its own sources.

The scenario has been tabled after Borisov's final decision to return the mandate to Plevneliev on Friday. read more


BULGARIA AMENDS FOREIGN NATIONALS LAW, ADDING 'HUMANITARIAN VISAS'

Bulgarian lawmakers voted on Friday to introduce tougher requirements for long-term visa applicants who represent foreign entities.

Under the new amendments, foreign nationals will be allowed to extend their stay in the country if they cannot leave it for a reason not depending on them. The change means a restoration of the previous regime which included such an option. read more


BULGARIA TO CURB MOVEMENT OF MIGRANTS

Bulgaria's outgoing Interior Ministry Rumyana Bachvarova has said authorities are preparing to restrict the movement of migrants within Bulgaria's territory.

The decision, which matches earlier plans, follows the riots in the Harmanli reception center at the end of November. read more


SPORTS

KUBRAT PULEV TRIUMPHS OVER SIMON PETER, GRABBING WBA BOXING BELT

Bulgarian heavyweight boxer Kubrat Pulev has secured an overwhelming victory on Samuel Peter at a game in Bulgaria's capital Sofia.

Through the win, Pulev has gained the World Boxing Champion (WBA) title. read more


EU

AUSTRIANS TO VOTE FOR PRESIDENT

Voters in Austria will have to determine on Sunday who their new head of state will be.

For the first time since World War II, there is real possibility for the president of a Western democracy to belong to the far right. read more


ITALIANS TO VOTE IN KEY REFERENDUM

Italians will vote on Sunday on key political issues in a referendum that could cause economic turmoil, reported Focus agency.

Prime Minister Matteo Renzi announced that he will resign if he loses. read more


GERMANY CURBS BENEFITS FOR ЕU NATIONALS

Germany has amended the benefits arrangements for citizens of other EU member stattes, Bulgarians and Romanians included, according to DW.

Nationals of EU countries will only been given benefits after having spent five years in the country, acording to DW. read more


FAR-RIGHT CANDIDATE CONCEDES DEFEAT IN AUSTRIA'S PRESIDENTIAL ELECTION

Norbert Hofer the candidate of Austria's Freedom Party, is set to lose lose the presidential election rerun that is being held on Sunday, exit polls show.

His opponent Alexander Van der Bellen, a former head of the Green party, is leading, according to estimates cited by daily newspaper Die Presse. read more


SOUTHEAST EUROPE

TURKEY, RUSSIA TO TRADE WITH EACH OTHER IN THEIR OWN CURRENCIES

Turkey and Russia will trade with each other in their national currencies. Turkey will pay in roubles and Russia will pay in Turkish liras, stated Turkish President Recep Erdogan in a speech in Istanbul pointing out that they have agreed on this with Russian President Putin.

The statement of Erdogan comes against the background of a record devaluation of the Turkish lira over the last few months as a result of the unstoppable rise in the exchange rates of the EUR and the USD, as well as the withdrawal of foreign investors after the failed coup attempt in July. read more


INTERVIEW

ROSITSA VALKANOVA: ROMANIAN MOVIES TOOK BULGARIANS ON THEIR TEAMS TO BERLIN AND CANNES

Click here to read the story:
www.novinite.com/view_news.php?id=177790



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