20th May 2012

Tadic Loses Serbian Presidential Elections to Nikolic

Incumbent Boris Tadic has lost the presidential elections in Serbia to his opponent, Tomislav Nikolic from the Serbian Progressive Party. Nikolic has won 49.2% of the votes in the runoff of the Serbian presidential elections on Sunday vs....

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20th May 2012

NATO Chief ahead of Summit: No Rushing Out of Afghanistan

NATO Secretary-General Anders Fogh Rasmussen has insisted that "there will be no rush for the exits" in Afghanistan regardless of the intention of new French President Francois Hollande to withdraw France's troops from the ISAF. "Our goal, our strategy, our timetable remain unchanged," Rasmussen said Sunday, as cited by international media. Rasmussen said that new position does not indicate fresh cracks in the alliance....

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20th May 2012

Bulgarian PM Mocks Socialists, Snubs Ethnic Turkish Leader’s Early Election Calls

Bulgarian Prime Minister Boyko Borisov has ruled out any possibilities of holding early parliamentary elections. Borisov thus snubbed a forecast made a day earlier by opposition ethnic Turkish party DPS (Movement for Rights and Freedoms) leader Ahmed Dogan, who said he could "smell" early elections in October-November 2012 as a result of a collapse of the Cabinet of Borisov and his center-right party GERB. Dogan's prediction coincided with the (Read more...)

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20th May 2012

Bulgarian Oligarch Hires Troubled Metallurgy Workers at PM’s Request

The new concessionaire of Bulgaria's Gorubso Madan Mines, wealthy businessman Nikolay Valkanov, has created jobs for 60 workers from the troubled Lead and Zinc Complex (LZC; OTZK) in Bulgaria's Kardzhali. This has been announced by Plamen Dimitrov, head of the Confederation of Independent Bulgarian Syndicates (KNSB), on Radio K2 on Sunday. Dimitrov explained that Valkanov, who is the owner of Minstroy Holding, opened the new jobs at the request (Read more...)

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20th May 2012

Russian Opposition Stages Protest Rally in St. Petersburg

Russian opposition activists and renowned cultural figures participated in a protest walk across Russia's second largest city St. Petersburg on Sunday. Only about a hundred people, including famous musicians, artists, and also film director Alexander Sokurov, started their stroll across St....

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20th May 2012

Bulgaria’s FinMin Djankov Elected Chair of EBRD Supervisory Board

Bulgarian Deputy PM and Finance Minister Simeon Djankov has been elected chair of the Supervisory Board of the European Bank for Reconstruction and Development, the Bulgarian Finance Ministry announced. Djankov, who got the new job at the annual meeting of the European Bank for Reconstruction and Development, has thus become the first government minister from the former communist bloc to be elected at a top position in the EBRD since the bank wa (Read more...)

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20th May 2012

Selena Gomez Parties in Sofia with Bulgaria’s Ex Eurovision Contestant

Hollywood star Selena Gomez has been enchanted by Poli Genova, a Bulgarian singer who represented her country at the 2011 Eurovision Song Contest in Duesseldorf. Selena Gomez, who is shooting The Getaway together with Ethan Hawke in Bulgaria's Sofia until May 25, attended a party at Sofia's Yalta Club Friday night during which Poli Genova and the LaTiDa band presented their new song "Pants Only". The summer reggae song is said to have impressed (Read more...)

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20th May 2012

Bulgarian Energy Minister: No Conflict with Romania over Black Sea Gas

Bulgaria is not going “to get in a conflict” with Romania over the natural gas deposits in the Black Sea, according to Bulgarian Economy, Energy, and Tourism Minister Delyan Dobrev. Dobrev pointed out that no conflict is to emerge since both Bulgaria and Romania have natural gas deposits in their Black Sea economic zones, as cited by BNR Sunday. Dobrev apparently referred to the dispute between Bulgaria and Romania over 17 square km of their ec (Read more...)

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