02 February 2010
Weather
Sofia sunny
-10/-3 ºC
Thessaloniki sunny
2/6 ºC
Athens sunny
7/10 ºC
On focus
Cabinet Expects up to 10 Mln Lv from Active Management of Deposit
The expected positive effect from the active management of the Government's deposit is additional revenues of up to 10 million leva, according to Deputy Finance Minister Ana Mihailova as quoted by a press release of the Finance Ministry.

Politics
EC Extends Deadline for Bulgaria Schengen Contracts
The European Commission has extended the deadline for Bulgaria to sign contracts in preparation for joining the Schengen Area in March 2011. The decision was announced in a letter from EC President Jose Manuel Barroso to Bulgaria PM Boyko Borisov.

Economy & EU
National Electricity Company Appoints New Head
Bulgaria's National Electricity Company (NEK) has appointed a new executive director - Krasimir Parvanov. He replaces current executive director Georgi Mihov in the top position. Parvanov moves from his present position as head of the Directorate for Access and Network Development at CEZ Distribution, NEK has announced on Monday.

Spotlight from Greece
Crucial Week Ahead for Greek Economy
The week beginning on Monday will be crucial for the Greek economy, as the EU College of Commissioners (European Commission plenary) is due to release its recommendation on the new Greek Stability and Development programme on Wednesday. Equally crucial is the anticipated release of the budget revenues for January, on which will depend whether the measures decided by the government will be accelerated or applied later.

Members Section
GLOBUL First to Offer BLACKBERRY® BOLD™ 9700 on Bulgarian Market
GLOBUL, in cooperation with the Canada-based Research In Motion (RIM), will be the first to offer the BlackBerry® BoldTM 9700 smartphone on the Bulgarian market. BlackBerry Bold 9700 gives state-of-the-art communication experience including HSDPA, WiFi and GPS and offers a wide range of other functionalities, including reliable, secure and fast Internet e-mail service and the opportunity to work with the most popular social networks and Instant Messaging services.

BNB Currency Exchange Rates
USD/BGN 1.4057
EUR/BGN 1.9558
EUR/USD 1.3913
Legal Update January 2009, by KLC Law Firm
Sectors: EUROPEAN UNION LEGISLATOIN, TAX LAW, ENERGY, FOREIGN PERSONS
Magazine October - November 2009
09-Dec-2009

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