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Bulgaria PM resigns ahead of snap polls to end crisis
Bulgaria's Socialists-backed Prime Minister Plamen Oresharski handed in the resignation of his cabinet Wednesday ahead of snap elections that will seek to end months of political turmoil in the European Union's poorest country. "The resignation of the cabinet of Prime Minister Plamen Oresharski was tabled in parliament at 5:59 pm (0259 GMT) Wednesday," the parliamentary press office said in a ...
Wed, 23 Jul 2014 10:55:37 -0700

Bulgaria's prime minister resigns with bank crisis unresolved
By Tsvetelia Tsolova and Angel Krasimirov SOFIA (Reuters) - Bulgaria's Prime Minister Plamen Oresharski stood down on Wednesday, leaving his successor to sort out the Balkan state's worst banking crisis since the 1990s with the fate of its fourth largest lender undecided. Oresharski, in power for just over a year, had flagged his departure after the ruling Socialists' poor showing in May's ...
Wed, 23 Jul 2014 10:25:49 -0700

Bulgaria calls for more NATO troops in southeastern Europe
Bulgaria called for more NATO troops in southeastern Europe and the Black Sea, as well as more joint military exercises, to improve security in the region after Russia's annexation of Ukraine's Crimea. An ex-communist state on the Black Sea, Bulgaria was a close Cold War ally of Moscow but joined NATO in 2004 and the European Union three years later.
Tue, 22 Jul 2014 12:03:06 -0700

Bulgaria's Socialist-led government resigns
SOFIA, Bulgaria (AP) — Bulgarian Prime Minister Plamen Oresharski has introduced in Parliament the resignation of his left-leaning government, a move that should ease political tensions in the European Union's poorest member state.
Wed, 23 Jul 2014 08:48:49 -0700

Bulgaria's central bank governor says ready to resign
Bulgaria's central bank governor Ivan Iskrov said on Tuesday that he was ready to tender his resignation amid a raging controversy over the fate of the country's fourth-largest bank. "If parliament reaches consensus to vote on appointing a new BNB governor before it breaks up on August 6, I am ready to table my resignation immediately," Iskrov said in a letter to lawmakers. The governor of ten ...
Tue, 22 Jul 2014 12:15:37 -0700

Tsonev: Bulgaria have saved best for last
With Bulgaria having had plenty of chances but drawn a blank in their two group matches so far, Radoslav Tsonev tells "Maybe we've kept our goals for the last game?"
Thu, 24 Jul 2014 05:49:59 -0700

Bulgarian lawmakers pave way for election with bank crisis unresolved
* Bulgaria CDS rise to near three-week high * Investors need swift solution to bank crisis: trader (Adds PM quote, credit default swaps, background) SOFIA, July 24 (Reuters) - Bulgarian lawmakers voted overwhelmingly to accept Prime Minister Plamen Oresharski's resignation on Thursday, paving the way for an interim government to take over in August and a snap election in early October ...
Thu, 24 Jul 2014 04:10:55 -0700

Bulgaria Ranks 58th by Human Development Index
Bulgaria ranks 58th in the list of countries in the 2014 Human Development Report (HDR) released on 24 July in Tokyo. The HDR covers 187 countries across the world and is published annually by the United Nations Development Programme (UNDP). Bulgaria belongs to the group of countries characterized by high human development. Bulgaria's human development index (HDI), a measure derived from life ...
Thu, 24 Jul 2014 07:36:40 -0700

Bulgaria central bank starts talks about European supervision
Bulgaria's central bank has begun talks with the European Banking Authority about conducting a review of the quality of its banking supervision, it said in a statement on Tuesday, following runs on two lenders in June. The Bulgarian National Bank has also been in touch with the European Central Bank about joining the European Single Supervisory Mechanism (SSM), the statement said. Bulgaria would ...
Tue, 15 Jul 2014 04:25:40 -0700

Bulgaria central bank head says ready to step down
Bulgaria's Central Bank Governor Ivan Iskrov said on Tuesday he was ready to step down provided the current parliament appointed a successor. Iskrov blamed a lack of political consensus for derailing the planned reopening of Corporate Commercial Bank (Corpbank) on July 21, after the country's fourth largest lender shut down following a run on deposits.
Tue, 22 Jul 2014 06:42:36 -0700

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