• Most Popular
  • Most Shared

PRESS DIGEST - Bulgaria - August 20

Wed Aug 20, 2008 2:31am EDT

SOFIA, Aug 20 (Reuters) - These are some of the main stories in Bulgarian newspapers on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.

GENERAL AND POLITICS

- Bulgarian beekeepers, grain and fish producers will join the protests of milk producers tomorrow who will block major roads across the country over unpaid subsidies (Dnevnik, Novinar, Duma, Standart, Trud).

DNEVNIK - Bulgarians receive the lowest salaries in the European union, federation of European employers data shows. The average salary in Bulgaria is two times lower than those in Romania and 18 times lower than the salaries in Germany.

- Bulgarian finance ministry has started public procurement procedures for external auditors which will check the payment agencies that Brussels barred from receiving EU funds over corruption and mismanagement (Dnevnik, Klasa, Sega, Standart, Pari).

BUSINESS

DNEVNIK - Bulgaria's industrial mineral producer Kaolin KAO.BB posted a net profit of 6.18 million levs ($4.64 million) for the first half of the year, down by 6.7 million levs ($5.03 million) from the same period a year ago.



More from Reuters

Photo

Plot exposes fissure in U.S. intelligence community

WASHINGTON (Reuters) - Last week's failed plot to bomb a U.S. passenger jet has exposed lingering fissures within the U.S. intelligence community, which had information from interviews and clandestine intercepts but did not put the pieces together, officials said.

Floor traders work at the Hong Kong Stocks Exchange, January 16, 2008.   REUTERS/Bobby Yip

My way or the highway?

Hong Kong is poised to accept Beijing's accounting standards. That's good. The system, though, is prone to scandal. That's bad.  Full Article 

People walk past a branch of Bank of America in New York's financial district April 28, 2009. REUTERS/Brendan McDermid

Move your money

Boycotting "too big to fail" banks is a great idea -- so long as investors remember that banks aren't the only ones responsible for the crisis.  Full Article