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SOFIA MORNING NEWS FOR 2014-08-29
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29 August 2014, Issue 4014
by Novinite.com
Bulgaria's Daily Newspaper since 2001
9936 subscribers of Novinite.com
145670 articles
590 interviews
9399 pictures
 
BUSINESS POLITICS WORLD SOCIETY SPORTS FORUM
 
Bulgaria's FLAG Fund Restarts Payments under Projects Using "Environment" OP Funding


Bulgaria's FLAG Fund restores payments under existing loan agreements related to the implementation of projects under the "Environment" Operational Program. read
Bulgaria's KTB Can Be Rescued, Experts Say


The Expert Consultative Council on KTB, a Bulgarian business representatives' group, has proposed a list of measures to rescue the troubled lender without burden to taxpayers. read
Bulgaria’s Ludogorets Reaches UEFA Champions League Group Stage


Bulgaria’s PFC Ludogorets Razgrad has reached the Champions League group stage after beating Romanian Steaua Bucharest. read
 
 
NOVINITE INSIDER
About ‘the King's property’, economic freedom, our values and future

Mohamed Khalaf: Bashar Assad's Regime Was 'Biggest Helper' of IS

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MORE TOP NEWS
Bulgaria's Ludogorets To Face Liverpool, Real Madrid and Bazel

Russia Denies Having Sent Troops To Ukraine

Recep Erdogan Inaugurated As Turkey's President

Bulgaria's President Plevneliev: Turkey Is Very Important To Us

Bulgaria to Seek EC Aid for Damages worth BGN 5-10M Caused by Russian Embargo

Former PM Kostov Urges Fast Action to Rescue KTB

Minimum Wage Hike from BGN 340 to BGN 400 Will Not Hit Business Sector - Minister

Bulgaria's Dimitrov Scores US Open 1st Round Win against American Ryan Harrison

IKEA To Open Order and Pick Up Centres Outside Sofia

Bulgaria's Energy Watchdog Head, One Deputy Resign


UPS & DOWNS
Sofia's Public Transport Company Gets New Busses

Sofia Zoo Closed
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TOP NEWS
PETRO POROSHENKO: RUSSIA INVADES UKRAINE

Ukraine's president Petro Poroshenko announced on Thursday that Russian troops have invaded Ukraine and cancelled his working visit to Turkey.

In a televised address to the nation Poroshenko said he has decided to cancel his trip to Turkey for the inauguration of Recep Erdogan as president, due to “the aggravation of the situation in Donetsk region, particularly in Amvrosiivka and Starobeshevo, as Russian troops were actually brought into Ukraine,” he said. read more


BUSINESS

BULGARIA'S FLAG FUND RESTARTS PAYMENTS UNDER PROJECTS USING "ENVIRONMENT" OP FUNDING

Bulgaria's FLAG Fund restores payments under existing loan agreements related to the implementation of projects under the "Environment" Operational Program.

The first step of Bulgaria's Fund for local authorities and governments (FLAG) will be to pay out BGN 14M, or the amount of payments requested in applications processed by Thursday. read more


MINIMUM WAGE HIKE FROM BGN 340 TO BGN 400 WILL NOT HIT BUSINESS SECTOR - MINISTER

Yordan Hristoskov, Bulgaria's caretaker Minister of Labor and Social Policy, has suggested that a minimum wage hike from BGN 340 to BGN 400 will not harm the business sector.

In a Thursday interview for private TV station bTV, Hristoskov said that it was high time to do something about Bulgaria still being at the bottom of the EU ranking by guaranteed minimum income. read more


IKEA TO OPEN ORDER AND PICK UP CENTRES OUTSIDE SOFIA

Swedish furniture company IKEA is planning to open order and pick up centres outside of Sofia, reports Capital Daily. 

The company is also planning to offer online shopping through its website.

Currently IKEA, through its franchisee Fourlis, has one full size store in Sofia, which opened in 2012. 

At a news conference the manager of the Sofia IKEA store Theo Muratidis said that between in the period August 2013 – 2014, the store was visited by more than 1.7 people. Shoppers were more than 655 000. 

Sales amounted to BGN 71.8 M and the company has a 11% market share. 

According to Murtadis, by August 2015, IKEA will open an online store and between one and three smaller stores across Bulgaria, where customers could pick up their online orders or place orders. The seaside city of Varna is on the priority list and will most certainly have such a store. 

A second full size IKEA store is also planned for Varna, but currently the project is frozen, “because the market is not yet ready for this”, in Muratidis' words. 

According to him, the furniture market in Bulgaria is for around EUR 300 M and does not grow as fast as expected. 

The Bulgarian suppliers of IKEA are currently around 20, but the company is looking into the possibility for increasing their number. read more


PRODUCERS FORECAST PRICE HIKE OF WINE, BRANDY

Prices of wine and rakia (fruit brandy) could increase by 10-15% in winter, reports the national Darik radio. 

The reason is the low yield due to the inclement weather in Bulgaria this spring and summer. 

Rositsa Kyuchukova, vineyard owner, told Darik that she expects 60% lower yield than last year. 

“The yield will be lower and much more expensive”, she said. “The market could not support a much higher wine price, so we will have to sell at production prices. But the prices will increase by no more than 10-15%.”

Krasimir Koev, head of the Wine and Vine Executive Agency, told Money.bg that  even though the grape yield will be by at least 50 000 tons less than last year's 250 000 tons, there will be no shortage. “This doesn't mean that we'll have less wine, which will lead to higher prices,” he said. read more


FINANCE

FORMER PM KOSTOV URGES FAST ACTION TO RESCUE KTB

Bulgaria’s former Prime Minister Ivan Kostov on Thursday said there are two options to rescue the troubled Corporate Commercial Bank (KTB).

Referring to an unnamed Vienna-based fund reportedly ready to invest BGN 1 B to save Bulgaria’s fourth biggest lender that has suspended operations since June, Kostov said that negotiations with this potential investor should be launched immediately to allow the bank to resume work without a bailout package from the government and the central bank (BNB). read more


BULGARIA'S KTB CAN BE RESCUED, EXPERTS SAY

The Expert Consultative Council on KTB, a Bulgarian business representatives' group, has proposed a list of measures to rescue the troubled lender without burden to taxpayers.

The Council was set by representatives of employers, unions and financiers in early August to propose a balanced solution for the future of Corporate Commercial Bank (KTB) and its wholly-owned subsidiary Victoria Bank. read more


ENERGY

BULGARIA'S ENERGY WATCHDOG HEAD, ONE DEPUTY RESIGN

The head of Bulgaria's energy watchdog DKEVR, Boyan Boev, and one of his deputies, Lilia Mladenova, resign, said the Energy Ministry.

Earlier on Thursday DKEVR said they saw no reason for resignations, but after a meeting with caretaker Energy Minister Vasil Shtonov, the two decided to resign. 

The other deputy who was called upon to resign, Elenko Bozhkov, still hasn't announced his intentions.

According to the Energy Ministry, Bozhkov could be in conflict of interest and must resign as well. read more


DIPLOMACY

BULGARIA'S PRESIDENT PLEVNELIEV: TURKEY IS VERY IMPORTANT TO US

“Turkey is very important to us, because we have the strategic goal to diversify our energy supplies,” Bulgaria's President Rosen Plevneliev told the Bulgarian National Radio. 

Plevneliev is in Turkey to attend the inauguration of Recep Tayyip Erdogan as president of the country. 

Plevneliev said that on September 21-22 he will attend along with the presidents of Turkey, Greece, Azerbaijan, Albania and other countries the ground breaking ceremony for the Transadriatic pipeline in Baku. 

Plevneliev noted that Bulgaria could buy through Turkey gas not only from Azerbaijan, but also from Iran and other countries, as Turkey has the necessary infrastructure.

According to Plevneliev, Bulgaria could cooperate more closely with Turkey in other sectors, such as logistics, trade, infrastructure, tourism and transport. 

“We would also like to see more Turkish investments in Bulgaria,” Plevneliev said and added that in the next few years must be made efforts for doubling the trade turnover between the two countries. read more


BULGARIA IN EU

BULGARIA TO SEEK EC AID FOR DAMAGES WORTH BGN 5-10M CAUSED BY RUSSIAN EMBARGO

Bulgaria will seek assistance from the European Commission for direct damages worth BGN 5-10M caused by the Russian food embargo.

Bulgaria's caretaker Agriculture Minister Vasil Grudev noted that the damage estimate had been calculated on the basis of contracts for certain types of products which would not be fulfilled. read more


WESTERN BALKANS CONFERENCE KICKS OFF IN BERLIN

Prime Ministers, foreign ministers and economy ministers of the Western Balkan countries are to meet Thursday in Berlin at a forum organized by German Chancellor Angela Merkel.

The German Chancellor announced plans to organize the Conference of Western Balkan States on June 7. read more


SOCIETY

SOFIA ZOO REOPENS ON FRIDAY

Sofia Zoo will reopen for visitors on Friday, said the Sofia Municipality press office. 

The test results of the herbivorous animals who died mysteriously in the end of last week and earlier this week, showed that they were poisoned by pesticides in the fodder. 

The poisoned fodder has been replaced and the herbivorous animals are under constant observation.

Sofia Mayor Yordanka Fandakova demanded sanctions for those responsible for the quality control of the animals' food. read more


BULGARIA'S MEDIA WATCHDOG TO CENSOR RAP SONG

Bulgaria's Council for Electronic Media (CEM) is planning to “limit” the airing of the rap song Vidimo Dovolni (Apparently Pleased), reports the bTV national channel. 

According to the watchdog, the lyrics of the song, performed by rapper Krisko and pop singer Maria Ilieva were “harmful to the moral and psychological health of children”. 

The lyrics, which are openly sexually suggestive and lewd, glorify sex, drugs and partying. The video has been viewed more than 8.2 million times since it was uploaded in May this year. 

CEM is also considering to penalise the media, which aired it, because of “content which threatens do damage children physically, psychologically, morally and socially.”

Krisko, who is also the author of the lyrics, told bTV that music was not an instructive tool and good manners and morality were taught in the family and school. He added that if censorship is to be imposed, then almost all rap music must be censored, because it uses “bad words”.  

“The problem is not with the “bad words””, CEM head Georgi Lozanov told Dnevnik.bg. “The problem is with the cynical attitude towards sex, when sex is only seen as a means to material reward.”

Lozanov agreed that if this criterion was applied to all musical production, a considerable part of the chalga music must also be censored. “But truth is that people send complaints to CEM about rap lyrics, not about chalga lyrics. The society is pretty tolerant towards the chalga.”

Lozanov said the council will meet in September to discuss the citizens' complaints against this particular song and will decide what to do. “We cannot censor, we can only fine the media,” he said. read more


SPORTS

BULGARIA’S LUDOGORETS REACHES UEFA CHAMPIONS LEAGUE GROUP STAGE

Bulgaria’s PFC Ludogorets Razgrad has reached the Champions League group stage after beating Romanian Steaua Bucharest.

Ludogorets won the match on the Vasl Levski National Stadium in Sofia 6:5 on penalties. read more


BULGARIA'S LUDOGORETS TO FACE LIVERPOOL, REAL MADRID AND BAZEL

Bulgaria's football team Ludogorets, will face Liverpool, Real Madrid and Bazel in Group B of UEFA's Champions League.

Ludogorets, which won a dramatic game against Romanian Steaua Bucharest on Wednesday night in Sofia, would be the second Bulgarian team, after Levski, to qualify for the group stage of the Champions League. 

Hopefully, Ludogorets will have a better luck than Levski in 2006-2007, which won 0 points. read more


BULGARIA'S DIMITROV SCORES US OPEN 1ST ROUND WIN AGAINST AMERICAN RYAN HARRISON

Bulgaria's Grigor Dimitrov has notched up his first win at U.S. Open after beating American Ryan Harrison in three straight sets, 6-2 7-6, 6-2.

After Wednesday's victory, Dimitrov advanced to the second round of the U.S. Open. read more


CRIME

SOFIA COURT REDUCES PRISON SENTENCE OF ALLEGED DRUG GANG LEADER ZLATOMIR IVANOV

The Sofia Appellate Court has reduced the sentence of alleged drug boss Zlatomir Ivanov, aka Zlatko Baretata (The Beret), from 8 to 6.5 years of imprisonment.

Ivanov, a former counter-terrorism squad commando, faces charges of leading an organized crime group involved in drug trafficking and assassinations. He was arrested on February 7, 2009, after he turned himself in to Bulgaria's State Agency for National Security (DANS). read more


LIFESTYLE

BRANGELINA GOT MARRIED IN FRANCE

Hollywood stars Angelina Jolie and Brad Pitt were married Saturday in Chateau Miraval, France, says a spokesman for the couple told AP.

Jolie and Pitt wed Saturday in a small chapel in a private ceremony attended by family and friends, according to the spokesman.

In advance of the nondenominational civil ceremony, Pitt and Jolie also obtained a marriage license from a local California judge. The judge also conducted the ceremony in France.

The couple’s children took part in the wedding. Jolie walked the aisle with her eldest sons Maddox and Pax. Zahara and Vivienne threw petals. Shiloh and Knox served as ring bearers, the spokesman says. read more


WORLD

RUSSIA DENIES HAVING SENT TROOPS TO UKRAINE

Andrey Kelin, Russian representative to the Organisation for Security and Cooperation in Europe (OSCE) denied all allegations that there are Russian troops in Ukraine.

According to RT.com, Kelin has given a firm response to the allegations, saying that “we have said that no Russian involvement has been spotted, there are no soldiers or equipment present.”

“Accusations relating to convoys of armored personnel carriers have been heard during the past week and the week before that,” he said. “All of them were proven false back then, and are being proven false again now.”

Earlier on Thursday Ukraine's President Petro Poroshenko accused Russia of invading Ukraine and cancelled his visit to Turkey. read more


RECEP ERDOGAN INAUGURATED AS TURKEY'S PRESIDENT

Recep Tayyip Erdogan has been officially sworn in as Turkish president after winning the country's first public vote for head of state, reports BBC.

Erdogan, who served three terms as PM, received 52% of the popular vote earlier this month, and vowed to give more power to the previously ceremonial post.

Critics of  Erdogan say the move will make him more authoritarian. Opposition MPs walked out of the ceremony.

Outgoing Foreign Minister Ahmet Davutoglu is set to be PM after being elected head of the governing AK Party.

Erdogan promised in his presidential oath to protect Turkey's independence and integrity, to honour the constitution and adhere to the principles of the founder of modern Turkey, Mustafa Kemal Ataturk.

"In my capacity as president of the Republic, I swear upon my honour and repute before the great Turkish nation and before history to safeguard the existence and independence of the state," Erdogan said at the brief ceremony in parliament.

The new president left parliament to lay a wreath at Ataturk's mausoleum in the centre of Ankara - widely regarded as one of the most important symbols of the secular republic. read more


REBELS SAID TO HAVE OPENED NEW FRONT IN UKRAINE WITH RUSSIAN HELP

Pro-Russian rebels in Ukraine have entered the key port of Novoazovsk on the Sea of Azov, opening a new front in their fighting with government forces.

According to reports from journalists and military on the ground Novoazovsk has been captured by the rebels who are now believed to be advancing towards the port of Mariupol, the BBC said. read more


INTERVIEW

MOHAMED KHALAF: BASHAR ASSAD'S REGIME WAS 'BIGGEST HELPER' OF IS

Click here to read the story:
www.novinite.com/view_news.php?id=162964


OPINIONS

ABOUT ‘THE KING'S PROPERTY’, ECONOMIC FREEDOM, OUR VALUES AND FUTURE

It says something, in fact rather a lot I should say, that after the end of the communist regime in Bulgaria the Bulgarian King and Royal Family, exiled from their Fatherland and expropriated by the very same soviet-installed communist regime, have been the only public figures whose personal property is expropriated yet again via a second nationalisation of their personal estate after the one of 1947.[1]

The members of the Royal Family are the only ones whose right to restitution is removed whilst our compatriots restored their lost property and inheritance rights. At the same time it has been a public secret that masses of realty have been acquired unlawfully via “restitution” performed and executed through scheming, false claims and rogue witnesses. read more



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