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May 11, 2015

Bulgarian central bank officials probed over Corpbank activities

SOFIA, May 11 (Reuters) – Bulgarian prosecutors have
launched an investigation into two central bank officials
suspected of deliberate mismanagement as they took over the
running of insolvent lender Corporate Commercial Bank (Corpbank)
in November.

The investigation is the latest in a string that opened in
the aftermath of Corpbank’s collapse last June, which also
include probes into the activities of top central bank
officials, the bank’s main shareholder and its auditors.

May 10, 2015

Amid protests and plunder, Bulgaria aims to bring trains up to speed

DOBRINISHTE, Bulgaria, May 10 (Reuters) – The narrow-gauge
train snaking its way through the valleys and gorges of
southwestern Bulgaria is a lifeline for surrounding villages,
but could face the axe as the government tries to modernise a
network mired in losses and debt.

Corruption and mismanagement have for years hobbled the
state railways, which are among the least efficient in Europe,
while workers have been caught stealing fuel from locomotives.
Many lines have barely changed since the fall of Communism in
1989, despite a sharp drop in population due to emigration and
an end to the planned economy.

May 8, 2015

Bulgaria goes mad for the green baize

SOFIA (Reuters) – Ten years ago there was not a single full-sized snooker table in Bulgaria and the majority of people in the Black Sea state would not have heard of the sport, let alone played it.

But the country has now hosted a Challenge Tour Event three years in a row and Bulgarian Ivaylo Pekov recently became only the second eastern European to compete in the world snooker championship qualifying rounds.

Apr 3, 2015

Bulgarian government to set up unit to fight corruption

SOFIA (Reuters) – Bulgaria followed neighbor Romania on Friday in seeking to shed an image as one of Europe’s most corrupt states, announcing plans to form a special unit to investigate high-level graft.

Corruption has eroded Bulgarians’ trust in their public institutions and been a deterrent to businesses for years. Brussels has repeatedly criticized the authorities for failing to jail officials and overhaul its slow and inefficient judiciary.

Apr 1, 2015

No wages at CSKA but “unique” fans, says keeper Uvarenko

SOFIA (Reuters) – Financially-troubled CSKA Sofia’s Latvian goalkeeper Maksims Uvarenko has not been paid for three months and has had to ask his parents to send him money to pay his rent.

But despite the financial problems, Uvarenko, who joined the Bulgarian club on an 18-month contract in January, has been impressed by the “unique” fans and their passionate support.

Apr 1, 2015

Soccer-No wages at CSKA but “unique” fans, says keeper Uvarenko

SOFIA, April 1 (Reuters) – Financially-troubled CSKA Sofia’s Latvian goalkeeper Maksims Uvarenko has not been paid for three months and has had to ask his parents to send him money to pay his rent.

But despite the financial problems, Uvarenko, who joined the Bulgarian club on an 18-month contract in January, has been impressed by the “unique” fans and their passionate support.

Mar 28, 2015

Conte in unforgiving mood on critics, wants to work in peace

SOFIA (Reuters) – Under-fire Italy coach Antonio Conte urged his critics to bury the hatchet and leave him to get on with his job following his side’s Euro 2016 qualifying 2-2 draw with Bulgaria on Saturday.

Conte, who has been criticised following the injury to Juventus midfielder Claudio Marchisio, has also been attacked by John Elkann, the head of the holding company which controls FIAT and Juventus, who said the Italy coach worked the players too hard during the national team’s training camps.

Mar 28, 2015

Soccer-Conte in unforgiving mood on critics, wants to work in peace

SOFIA, March 29 (Reuters) – Under-fire Italy coach Antonio Conte urged his critics to bury the hatchet and leave him to get on with his job following his side’s Euro 2016 qualifying 2-2 draw with Bulgaria on Saturday.

Conte, who has been criticised following the injury to Juventus midfielder Claudio Marchisio, has also been attacked by John Elkann, the head of the holding company which controls FIAT and Juventus, who said the Italy coach worked the players too hard during the national team’s training camps.

Mar 28, 2015

Eder strikes on debut to salvage draw for Italy

SOFIA (Reuters) – Brazilian-born debutant Eder’s brilliant late equaliser gave injury-hit Italy a 2-2 draw with Bulgaria in a pulsating Euro 2016 Group H qualifier played at a near-empty Vasil Levski stadium on Saturday.

Eder’s stunning goal left second-placed Italy unbeaten with 11 points from five matches, two adrift of leaders Croatia. Bulgaria are down in fourth position on five points.

Mar 28, 2015

Soccer-Eder strikes on debut to salvage draw for Italy

SOFIA, March 28 (Reuters) – Brazilian-born debutant Eder’s brilliant late equaliser gave injury-hit Italy a 2-2 draw with Bulgaria in a pulsating Euro 2016 Group H qualifier played at a near-empty Vasil Levski stadium on Saturday.

Eder’s stunning goal left second-placed Italy unbeaten with 11 points from five matches, two adrift of leaders Croatia. Bulgaria are down in fourth position on five points.

    • About Angel

      "I'm a sports correspondent based in Sofia. Alongside writing about Bulgarian sport I help the Sofia bureau by covering politics, economics and culture."
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