Chess Bulgaria’s Corporate Bank Keeps 50% of State-Owned Companies Funds

Bulgaria's Corporate Commercial Bank, which is believed to finance the media group of mogul Irena Krasteva, holds nearly half of the money of strategic state-owned companies. The data was provided Sunday by Finance Minister Simeon Djankov at the request of the edi

Chess France Denies Iran "Spy-Deal"

France has denied it made a secret pact with Iran to secure the release of a French lecturer charged with spying after last June's disputed election. Clotilde Reiss has now arrived in Paris following a flight from Tehran. She was originally sentenced to 10 years

Chess New Competitions and Awards for Entrepreneurs

Sometimes we’re in it for the recognition and sometimes we’re just in it for the prizes – but no matter what your motivation, you’ve got to enter to win. There are some great new competitions in this week’s list of competitions and awa

Chess Bulgaria FinMin: Revised Budget 2010 Taps into Fiscal Reserve

Bulgaria's finance minister has confirmed reports that the revised 2010 budget law taps into the fiscal reserve as the government battles recession and seeks for ways to fill in the budget gap. "This is the most reasonable way because it is free of charge. People

Chess Bosnian Minister Dies in Freak Accident

Urbanism Minister of the Bosnian Podrinje Canton Vladimir Nedimovi? was found dead in his motorboat, the B92 news site said. An autopsy confirmed that the 55 year-old minister died after hitting his head on the windshield of his motorboat, according to the spokesp

Chess Bulgaria Alleged Criminal Threatens to Put Himself on Fire

Plamen Stoyanov, an alleged member of the crime group known as "The Octopus", has threatened to put himself on fire after police rummaged his office. "I would not shy away from going into extremes. I don't give a damp.... Source

Chess Austria’s Alpine Bau Dumps Bulgaria’s Troubled Hydropower Project

Austria's Alpine Bau has withdrawn from the construction of Gorna Arda hydropower project in southern Bulgaria, leaving energy firm EVN the sole partner of the majority owner, dominant state power utility NEK. This was announced on Sunday by Austria's EVN, which h

Chess The coming days: The week ahead

Mexico's president visits America• THE Mexican president, Felipe Calderon, visits America for meetings with Barack Obama and other senior officials and will also address a joint session of Congress on Thursday May 20th. Discussion are likely to centre on a &#

Chess NI flights halted as ash returns

All flights in and out of Northern Ireland's three airports have been cancelled until 1900 BST due to the return of the volcanic ash cloud.The Irish Aviation Authority has closed airports in Sligo, Donegal and Knock. Dublin and Shannon airports are expected to rema

Chess New ultimatum for Bangkok protest

Thai protesters have stood their ground in Bangkok, defying a vow from PM Abhisit Vejjajiva to use the military to stop them toppling his government.One protest leader said Thailand was close to "civil war" after clashes in Bangkok between protesters and

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