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Tsvetelia Tsolova

World Bank's Georgieva becomes first IMF chief from emerging economy

Sep 26 2019

WASHINGTON/SOFIA Bulgarian economist Kristalina Georgieva was confirmed on Wednesday as managing director of the International Monetary Fund, the first person from an emerging-market economy to head the world's crisis lender with its $1 trillion in resources. | Video

Russia, China and South Korea vie for Bulgarian nuclear project

Aug 20 2019

SOFIA State run energy companies from Russia, China and South Korea are among seven groups interested in becoming strategic investors in Bulgaria's Belene nuclear power project, the Balkan nation's energy minister said on Tuesday.

Bulgaria nuclear project attracts China and South Korea interest - sources

Aug 19 2019

SOFIA/MOSCOW State-run companies from China and South Korea have applied to be strategic investors in Bulgaria's revived Belene nuclear project, two industry sources familiar with the process said on Monday after Russia's Rosatom said it wanted to take part.

UPDATE 1-Bulgaria nuclear project attracts China and S.Korea interest-sources

Aug 19 2019

SOFIA/MOSCOW, Aug 19 State-run companies from China and South Korea have applied to be strategic investors in Bulgaria's revived Belene nuclear project, two industry sources familiar with the process said on Monday after Russia's Rosatom said it wanted to take part.

'Wizard' cybersecurity expert charged with record hack of Bulgarian tax agency

Jul 17 2019

SOFIA A 20-year-old Bulgarian cybersecurity worker has been arrested and charged with hacking the personal and financial records of millions of taxpayers, officials said on Wednesday, as police continue to investigate the country's biggest-ever data breach.

In systemic breach, hackers steal millions of Bulgarians' financial data

Jul 16 2019

SOFIA Bulgaria's finance minister apologized to the country on Tuesday after admitting hackers had stolen millions of taxpayers' financial data in an attack that one researcher said may have compromised nearly every adult's personal records.

Bulgaria raises 2019 fiscal shortfall over F-16 aircraft purchase

Jul 15 2019

SOFIA Bulgaria's fiscal deficit will jump to 2.1% of economic output this year as the Balkan country prepares to finance the purchase of eight new F-16 fighter jets from the United States, its biggest military deal in decades, the government said on Monday.

Bulgaria builds gas link to end full reliance on Russian gas

May 22 2019

KIRKOVO, Bulgaria, May 22 Bulgaria has started building a 240 million euro ($268 million) gas pipeline with Greece that will end the Balkan country's total dependence on Russian gas and help diversify supplies in southeastern Europe.

Pope defends migrants during trip to immigration-adverse Bulgaria

May 06 2019

SOFIA, Bulgaria Pope Francis said on Monday the plight of suffering immigrants and refugees was "the cross of humanity," taking up their case for the second day of a visit to Bulgaria that has put him at odds with the government.

Pope says emigration, low birth rates have brought 'Ice Curtain' on Europe

May 05 2019

SOFIA Pope Francis urged European leaders on Sunday to address wealth inequality and low birth rates which he said had created an "ice curtain" between Europe's richer and poorer states and was fuelling emigration.

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