Eurasia

Christofias rejects possible UN arbitration on Cyprus issue

NICOSIA, Cyprus – President Demetris Christofias said on Saturday (April 4th) that Greek Cypriots will not accept any change to the ongoing negotiation process aimed at reunifying the divided island. This includes setting deadlines for completing talks or possible UN arbitration. “These principles have been accepted by the international community, …

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Commissioner: European Help May Snag Reforms in Bulgaria

Brussels fears that the involvement of European officials in key positions in Bulgaria’s administration may unnecessarily complicate reforms here, a commissioner said in Sofia. Margot Wallstrom, Vice President of the European Commission and Institutional Relations and Communication Strategy Commissioner, commented the extraordinary new plan, hatched by the government, to involve …

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Bulgarian Government to Reconsider Budget 2009 Spendings

The Bulgarian Government should reconsider Budget 2009 spendings in order to generate surplus. That was Vladimir Karolev’s opinion, expressed at the sixth discussion of the “Debates 2009” campaign, organized by the Bulgarian Industrial Association. Vladimir Karolev is an economist at National Movement for Prosperity and Stability (NMPS), but he stressed …

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Bulgarian Finance System is Stable

Bulgaria’s financial system and the central bank’s balance sheet are in very good condition, and there is no reason for concern, Bulgarian National Bank, BNB, governor Ivan Iskrov announced. At a presentation of the events planned for BNB’s 130th anniversary, Iskrov said that many countries could only dream enviously of …

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