Business, finances, forex

The Romanian affiliate of the French electricity generation and distribution company Gas de France Suez (GDF Suez) has submitted an application for a license in Bulgaria.

The news was reported during the Tuesday meeting of Bulgaria’s National Electric Company (NEK).

GDF Suez report they want to enter the Bulgarian market now because there are signs of recovery, but do not plan to sell electricity inside the country rather purchase electric power from local producers and offer it in Romania, Greece and Turkey.

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The Bulgarian Chimimport Holding group has registered a 3% growth in net profits for the first half of 2010 notwithstanding greatly decreased revenue for the period.

Chimimport has registered a 20% drop in income due to shrinking in its non-financial activities, especially in transportation, which has shrunk 14%.

In the transportation sector, Chimimport holds Bulgaria Air, Hemus Air and Air Ban.

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The US has sent an extra 30,000 troops to Afghanistan since December

A roadside bomb attack in eastern Afghanistan has killed four US soldiers, Nato said.

AFP quoted spokesman James Judge as saying that a home-made bomb, one of the main weapons of the Taliban, was used in the attack.

The attack comes a day after seven US soldiers were killed in two bomb attacks in southern Afghanistan.

The deaths add to the rising trend of casualties for Nato’s International Security Assistance Force (Isaf).

June and July were the worst months for foreign troop deaths since the US-led invasion of Afghanistan in late 2001.

Nearly 50 Americans have died in August alone. More than 350 Nato soldiers have been killed this year.

The Nato commander in Afghanistan, Gen David Petraeus, said international forces had reversed some of the gains the Taliban had made in recent years in the southern provinces of Kandahar and Helmand.

But, he added, the militants still retained the initiative in some parts of the country.

This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

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Ryanair is ceasing services from Belfast City Airport from 31 October, the airline has announced.

This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

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Citizens and guests of the Bulgarian capital will be able to enjoy for three nights Leo Delibres’ opera “Lakme” in the park of the “G.S.Rakovski” National Military Academy in September.

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The Bulgarian Chimimport Holding group has registered a 3% growth in net profits for the first half of 2010 notwithstanding greatly decreased revenue for the period.

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Bulgaria’s PM Boyko Borisov has promised that the money for the hospitals for 2010 will not be less than the funding for 2009.

Borisov met Tuesday with representatives of the Public Health Council in order to discuss the crisis in the hospital sector in Bulgaria.

The Bulgarian Finance Minister Simeon Djankov was also present at the meeting….

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The Bulgarian Ministry of Education is expecting about 20,000 student to take loans in the first year of the implementation of the Student Loans Act.

The program was officially announced Tuesday and starting Wednesday, all the students could apply for the two types of loans – for covering tuition fees and for allowance.

The Student Loans Act was adopted in 2008 when Education Minister was Daniel Valchev….

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Bulgarian PM Boyko Borisov stated he will not dismiss Minister of Defence Anyu Angelov over statements that allegedly have strained extremely relations between Bulgaria and Syria, reported BGNES.

PM Borisov was reacting to publications in the Bulgarian press that he is disaffected with his Minister of Defence by voicing enthusiasm of his performance.

The Bulgarian PM did not comment on the substance and significance of Angelov’s remarks regarding Syria.

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Bulgarian PM Boyko Borisov stated he will not force Minister of Defence Anyu Angelov to resign over alleged statements that have strained relations between Bulgaria and Syria.

Expect details….

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