Chess Uruguay Crush World Cup Hosts South Africa 3:0

The national team of Uruguay has defeated 3:0 the World Cup hosts from South Africa in the first match of the second round in Group A. After Diego Furlan scored in 24th minute, Uruguay was in the lead the entire match. He scored for the second time in the 80th min


Chess Reforming France: State of denial

Reactions to a modest plan to increase the retirement age show how hard reform is in FranceTHE French government’s long-awaited pension reform, which was announced on June 16th, turns out to be at once symbolically bold and yet ultimately disappointing. Under


Chess EC Puts Off Setting Bulgaria under Excessive Deficit Procedure

The European Commission has delayed the start of setting Bulgaria under the so called excessive deficit procedure as it expects new macroeconomic data from the country. This has been clarified by Amadeu Altafaj, Spokesperson for the EU Economy Commissioner Olli Re


Chess 20 Tips Your Small Business Can Use To Build Web Credibility

A web site is a must have for any small business in today’s digital age but to stand out among the crowd you need to build credibility. That is, you need to come across as a company that can be trusted to do business with. When your website visitors trust you, yo


Chess Ex Minister: Turkey Wins Big if Bulgaria Quits Russian Projects

Turkey is going to benefit huge if Bulgaria decides to withdraw from any of the large-scale Russian-sponsored energy projects, according to former Economy Minister Petar Dimitrov. Dimitrov has pointed out that in the recent past Bulgaria failed to attract on its t


Chess Bulgaria with Staggering Levels of Inter-Company Debts

Bulgaria's inter-company debts amount to a staggering BGN 100 B, according to data of the private online information system DebtNet. Over 60% of the firms in Bulgaria are in debt, said Wednesday Vladimir Georgiev, Executive Director of DebtNet Bulgaria, who presen


Chess BP agrees to $20 billion fund for spill claims

WASHINGTON/VENICE, Louisiana (Reuters) - British energy giant BP reached a tentative agreement with President Barack Obama on Wednesday to place about $20 billion in a special fund to pay damage claims from the Gulf of Mexico oil spill. Source


Chess Romania Starts Talks with Gazprom for Joining South Stream

Russian energy giant Gazprom and Romania have started negotiations for the latter's inclusion in the South Stream gas transit pipeline project, whose primary Balkan hub is supposed to be Bulgaria. The matter of the talks entailed discussing Romania's possible part


Chess Obama meets BP execs, demands special spill fund

WASHINGTON/VENICE, Louisiana (Reuters) - President Barack Obama confronted BP Plc on Wednesday with a demand that it set aside billions of dollars to pay damages from the Gulf of Mexico oil spill, the worst in U.S. history. Source


Chess Spain Shocked by 0:1 Loss to Switzerland in World Cup Group H

Switzerland brought the biggest surprise in the first round of matches of the 2010 World Cup by beating Spain. The Swiss triumphed over Spain with 1:0 on the Moses Mabida Stadium in Durban Wednesday with the goal scored by its midfielder Fernandes in the 52nd minu


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