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Tag Archives: Bulgaria

Protests and road blockades in Bulgaria trap dozens drivers in Greece

Thousands of Bulgarians have blocked major highways and roads on Sunday protesting fuel prices and rising cost of living. The blockades have the effect that dozens of truck drivers and private motorists are trapped not only inside Bulgaria but also in neighboring Greece and Turkey. The protests have spread across …

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EU approves Greece and Bulgaria natural gas interconnector

The EU competition regulators have approved a plan by Greece and Bulgaria to build and operate a natural gas interconnector with public funds. The European Commission said on November 8 that Bulgarian and Greek plans to support the construction and operation of a 182km cross-border gas interconnector (“IGB”) between Komotinin …

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Eurobank to buy Piraeus bank subsidiary in Bulgaria

Greek bank Eurobank Ergasias said on November 7 that it reached an agreement to buy the Bulgarian subsidiary of fellow Greek lender Piraeus Bank for 75 million euro. The acquisition would be done by Eurobank’s Bulgarian unit, Postbank, and is expected to close in the first quarter of 2019, subject …

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Greece, Bulgaria, Romania & Serbia in joint bid for World Cup 2030

The leaders of four Balkan countries said on Friday that they will make a joint bid to host the World Cup 2030. The decision was taken during the Summit in Varna on Friday. The prime ministers of Bulgaria, Greece and Romania and the president of Serbia say their countries will …

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Bulgaria, Greece and Serbia sign 5G Corridor deal for driverless vehicles

The European Commission has stated that the Bulgarian and Greek transport ministers, Ivaylo Moskovski and Nikos Papas, and Tatjana Matić of the Ministry of Trade, Tourism and Telecommunications of Serbia, have signed an agreement at the Digital Assembly 2018 in Sofia to develop an experimental 5G cross-border corridor that will …

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Bulgaria issues warning over “Macedonia” name dispute

Bulgaria has waded into a 25-year-long dispute between Greece and FYROM regarding Macedonia’s name, saying that issue also concerns Bulgaria. Macedonia and Greece are in a renewed push to resolve their dispute. Greece objects to its northern neighbor using the name, saying it implies territorial claims on its own province …

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35.6% of Greece’s population at risk of poverty or social exclusion

More than one third of the Greek population is at risk of poverty or social exclusion. We have been reading this since 2012, occasionally it is been officially confirmed by European statistics authorities like the Eurostat. In the first two years of bailout agreements, the rates were below 30%. But …

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Greek-Bulgarian agreement connects Danube River with the Aegean Sea

Greece and Bulgaria signed a memorandum of cooperation to build rail connections between ports in Bulgaria and northern Greece. The agreement refers to the interconnection of the Greek ports of Alexandroupolis, KAvala and Thessaloniki with the Bulgarian ports of Varna and Burgas at the Black Sea as wells as with …

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Bulgarian Defense Minister calls for use of force against migrants at the borders

The European Union should use military means to defend its external borders from migrants entering illegally, Bulgaria’s defense minister, Krasimir Karakachano, has said. Krasimir Karakachanov, whose far-right United Patriots party is a junior coalition partner in Bulgarian Prime Minister Boyko Borisov’s government, said: “We cannot allow illegal immigrants to come to Europe …

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Tusk says EU determined to keep Balkan migrants routes closed

The European Union is determined to stick to a deal with Turkey to stem the flow of undocumented migrants into the bloc, European Council President Donald Tusk said on Tuesday. Tusk, who met Bulgaria’s President Rumen Radev, welcomed Sofia’s efforts to boost security on its southeastern border with Turkey to …

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Social security fund governor urges Greece’s self-employed to “go to Bulgaria” if they can’t pay contributions

It is not a secret that under the bailout agreements, Greece’s self-employed are charged with higher taxes and social security contributions each and every year.  Many, especially from northern Greece,  have moved their business basis to neighboring Bulgaria for obvious reasons: 10% tax instead of 29%, low social security contributions, …

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EU wants Greece, Bulgaria to jointly patrol borders, while member-states are 90% behind the relocation target

Greek and Bulgarian police are to start joint patrols along the Greek-Bulgarian and Bulgarian-Turkish borders in a bid to prevent undocumented migrants from continuing their journeys via the so-called Balkan Route. Citizens’ Protection Minister Nikos Toskas discussed the matter with Bulgaria’s Interior Minister Rumiana Bachvarova during a recent visit to …

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Greece is not alone: Italy, Romania and Bulgaria equally corrupt among EU countries

Italy, Greece, Romania and Bulgaria are seen as equally corrupt among EU countries, while Denmark is the least graft-prone country, according to the yearly corruption perception index published by Transparency International on Wednesday (3 December). The index scores and ranks countries around the world based on how corrupt their public …

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