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<?xml version="1.0" encoding="utf-8"?><rss version="2.0"> <channel> <title>Novinite.com (Sofia News Agency)</title> <link>https://www.novinite.com/</link> <description>Real time news provider in English that informs its readers about the latest Bulgarian news - economic, political and cultural, foreign media analysis on Bulgaria and world news.</description> <language>en</language> <copyright>2001-2024 Novinite Ltd.</copyright> <item> <title>Shocker: Bulgaria Drops from UK Tourists' Cheapest Summer Spots List</title> <link>https://www.novinite.com/view_news.php?id=225679</link> <guid>225679</guid> <category>Tourism</category> <pubDate>Thu, 18 Apr 2024 17:49:04 +0200</pubDate> <description>In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists, revealed by consumer group "Which?". The ranking, which is typically dominated by traditionally affordable locations, has this year favored surprising choices like the Italian coast of Amalfi and various Greek islands. Based on an analysis of over 4,500 package holidays, the absence of Bulgaria and Turkey is striking....</description> </item> <item> <title>Bulgarian Household Incomes Offset by Inflation in 2023</title> <link>https://www.novinite.com/view_news.php?id=225677</link> <guid>225677</guid> <category>Finance</category> <pubDate>Thu, 18 Apr 2024 15:08:35 +0200</pubDate> <description>According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member. This represents an impressive annual growth rate of 20.4%, marking a significant increase over the past decade, where incomes have more than doubled, growing by 2....</description> </item> <item> <title>Report Shows Bulgarians Have Doubled Their Wealth in a Decade</title> <link>https://www.novinite.com/view_news.php?id=225676</link> <guid>225676</guid> <category>Finance</category> <pubDate>Thu, 18 Apr 2024 14:40:55 +0200</pubDate> <description>The National Statistical Institute's (NSI) latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022. In 2023, the average annual total income per person in a household reached BGN 10,846, representing a 20.4% surge from 2022....</description> </item> <item> <title>Ex-Economy Minister: Bulgaria Unlikely to Enter Eurozone in Early 2025</title> <link>https://www.novinite.com/view_news.php?id=225668</link> <guid>225668</guid> <category>Finance</category> <pubDate>Thu, 18 Apr 2024 12:15:00 +0200</pubDate> <description>In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025. Bogdanov's remarks come amidst a backdrop of political upheaval and concerns over the country's strategic goals, particularly its aspirations for Eurozone accession. Bogdanov highlighted the need for transparency and clarity surrounding recent changes in the government's composition, emphasizing the importance of providing explanations to both the public and parliamentary representatives....</description> </item> <item> <title>Bulgargaz Anticipates Liquefied Gas Deliveries via Alexandroupolis Terminal In May</title> <link>https://www.novinite.com/view_news.php?id=225666</link> <guid>225666</guid> <category>Energy</category> <pubDate>Thu, 18 Apr 2024 11:28:30 +0200</pubDate> <description>In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May. The company's recent price application to the Energy and Water Regulatory Commission (KEVR) sheds light on its strategic maneuvers and forecasts for the upcoming months. Bulgargaz, with Bulgaria holding a 20% share in the liquefied gas terminal, has secured assurances that the facility will commence operations by April 30....</description> </item> <item> <title>Bulgarian National Bank Chief Targets 2025 Eurozone Access</title> <link>https://www.novinite.com/view_news.php?id=225654</link> <guid>225654</guid> <category>Finance</category> <pubDate>Thu, 18 Apr 2024 09:00:00 +0200</pubDate> <description>The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB). Speaking from Washington during the annual spring meetings of the World Bank and the International Monetary Fund, Radev outlined a timeline that suggests a later entry into the Eurozone as a more plausible scenario at present. In an interview with BTA, Radev emphasized the importance of an anti-inflationary budget, noting a disparity between current fiscal policies and the imperative to curb inflationary pressures....</description> </item> <item> <title>Former Interior Ministry Chief Implicated in Alleged Criminal Network: Bulgaria's Latest Political Storm</title> <link>https://www.novinite.com/view_news.php?id=225652</link> <guid>225652</guid> <category>Business</category> <pubDate>Thu, 18 Apr 2024 08:40:17 +0200</pubDate> <description>In a latest twist to the unfolding saga of political intrigue, the Sofia City Prosecutor's Office has announced charges against former Interior Ministry Secretary General Zhivko Kotsev, implicating him in an alleged criminal group alongside Petya Bankova, Marin Dimitrov, and Stefan Dimitrov. The development sheds light on a shadowy nexus of power and influence within Bulgaria's corridors of authority. Kotsev, who remains at liberty on a bail of BGN 20,000, appeared before the Counter-Corruption Commission accompanied by his legal counsel, Ilian Vassilev and Daniela Dokovska....</description> </item> <item> <title>Banking and Government Leaders Rally for Bulgaria's Eurozone Entry</title> <link>https://www.novinite.com/view_news.php?id=225646</link> <guid>225646</guid> <category>Finance</category> <pubDate>Wed, 17 Apr 2024 15:23:36 +0200</pubDate> <description>Amidst discussions about Bulgaria's journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria's banking system, stating it aligns closely with Eurozone standards. Chobanov's remarks came during a conference organized by the Association of Banks in Bulgaria (ABB), where he emphasized the banking sector's compliance with Eurozone regulations since Bulgaria's inclusion in the Banking Union in 2020. Chobanov's sentiments were echoed by Bulgarian Deputy Finance Minister Metodi Metodiev, who emphasized the caretaker government's accelerated efforts towards practical and technical preparations for Bulgaria's Eurozone accession....</description> </item> <item> <title>Record Winter Tourism Numbers Reported in Bansko</title> <link>https://www.novinite.com/view_news.php?id=225631</link> <guid>225631</guid> <category>Tourism</category> <pubDate>Wed, 17 Apr 2024 10:48:10 +0200</pubDate> <description>Bansko, Bulgaria's premier mountain resort, experienced a surge in winter tourism, with more than 190,000 visitors flocking to its slopes during the season. The influx of tourists from Bulgaria, neighboring Balkan countries, various European nations, and even the United States has bolstered the region's tourism sector, marking significant progress in its post-pandemic recovery. According to a report by Bansko Municipality, spanning from the beginning of December to April 15, the resort welcomed tourists from diverse backgrounds, signaling a robust revival of international travel....</description> </item></channel></rss>
