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Written by Arton Capital
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Friday, 23 December 2011
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The EU is putting pressure on the Netherlands to lift its opposition to Bulgaria and Romania’s entry in the Schengen area.
Since Finland backed up in November, the Netherlands is the only country whose vote is needed for taking the unanimous decision to the enlargement of the Schengen zone.
Following the summit of the EU leaders on December 8-9, 2011, the Bulgarian National Television announced that its correspondent in Brussels was given a copy of a draft decision of the EU Council of Ministers in which the date of March 25, 2012 is indicated as the date of including Bulgaria and Romania to the Schengen area with their air and marine borders.
All observers see this as a definitive positive sign as the resolution gives a fixed date for the 2-stage entry.
For more information and follow up stories, please visit Sofia Echo. |
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Written by Arton Capital
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Wednesday, 08 June 2011
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On June 8th, 2011, the European Parliament gave the green light to Bulgaria and Romania’s accession to the EU’s Schengen borderless area with 487 votes in favour, 77 against and 29 abstentions.
The European Commission’s progress reports, released earlier this year, concluded that both countries meet all the technical and legal criteria for joining the Schengen area, including visa issuance policy, police cooperation, readiness to connect to and use the Schengen Information System, data protection and control of land, sea and air borders.
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Written by dnevnik.bg via sofiaecho.com
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Thursday, 24 March 2011
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Bulgaria and Romania will be part of the Schengen area very soon, this is the general trend and it is quite clear, German foreign ministry state secretary Werner Hoyer told journalists in Berlin on March 23 2011.
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Written by Arton Capital
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Tuesday, 30 November 2010
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 Bulgaria Legal Guide, is published by the InvestBulgaria Agency (IBA), a Bulgarian government investment promotion agency under the Ministry of Economy, Energy and Tourism. The Legal Guide 2010 contains reviews on the local legislative frameworks, which are of particular interest to foreign investors. A good understanding of the legal system is a key to optimize new and existing opportunities in Bulgaria.
The printed english version of this guide is available at all Bulgarian Embassies and Consulates around the world.
Download a digital copy of the Legal Guide 2010 from here or here.
InvestBulgaria Agency's mission is to help existing and potential investors find the right opportunities in Bulgaria. Their team of 30 professionals works at the highest standards for project management, business confidence and integrity. The Agency has access directly to all Bulgarian government institutions to facilitate the entry and development of businesses in the country. For more information on the agency, visit www.investbg.government.bg. |
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Written by novinite.com
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Thursday, 17 June 2010
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 Bulgaria has the potential to become the “bridge” for the transfer of Chinese technologies and investments to the European Union, according to PRC Commerce Minister Chen Deming.
Chen Deming has met with the Bulgarian Economy Minister, Traicho Traikov, who is on a week-long visit to China for Bulgaria’s participation in the Shanghai Expo and as part of an attempt to generate investment interest among Chinese companies.
“China is looking for a country which could be the major bridge between it and the countries from the EU,” the PRC Commerce Minister has declared during his meeting with Traikov, as cited by the press office of the Bulgarian Economy Ministry.
He also said that that China is currently encouraging its companies to invest abroad including in countries such as Bulgaria, and is also promoting measures for stimulating imports from the new EU member states.
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Written by novinite.com
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Friday, 11 June 2010
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 The European Parliament's Civil Liberties Committee approved on Thursday an EU Council decision that both Bulgaria and Romania comply with data security requirements for joining the "Schengen Information System".
A report by Carlos Coelho (EPP, PT) approving the Council decision, which is the first step towards lifting the border checks, was approved in committee with 36 votes in favour, 1 against and 3 abstentions.
The decision aims to pen in a deadline for implementing the regulations regarding the Schengen Information System, which will allow the two countries to provide and extract data from the system under certain limitations.
The lifting of the two countries' border checks with the borderless Schengen must be approved by the council at a later stage following further tests.
Currently, Bulgarian citizens are allowed visa-free entry into the Schengen system and there is eased access to Bulgaria for Schengen visa holders, but the country is not a full member of the system.
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Written by Arton Capital
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Friday, 22 July 2011
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Moody's Investors Service today upgraded Bulgaria's government debt ratings to Baa2 from Baa3, reflecting its ongoing fiscal discipline and improving institutional strength as well as the financial system's relative resilience in a volatile regional environment. The rating outlook is stable. This rating action concludes Moody's review for possible upgrade that was announced on 5 April 2011. Moody's said today's upgrade of Bulgaria's government ratings was motivated by the following three factors:
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Written by Arton Capital
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Wednesday, 27 April 2011
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 The 2011 edition of the Invest Bulgaria Summit is organised by Arton Capital and will be held in Dubai, UAE on April 28, 2011 at the Capital Club. The event will be headlined by:
Mr. Borislav Stefanov, Executive Director
InvestBulgaria Agency
InvestBulgaria Agency is the investment promotional arm of the government of Bulgaria.
The topics of discussion will be Bulgaria’s investment climate, incentives to foreign investors, as well as an overview of the country’s legal framework.There will be a special emphasis on selected opportunities in the health care sector.
For Reservations:
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
. Space is limited. Reserve your place now!
Contact us for more details and if you need assistance with hotel accommodation, transportation or other requests. Complimentary valet parking will be available on site. |
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Written by Arton Capital
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Thursday, 24 March 2011
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Arton Capital joins World-Check, leading risk intelligence provider to co-host Best Practice Anti-Corruption & Compliance in Central Europe seminar, in Sofia, Bulgaria on April 11, 2011.
With presentations from both World-Check and Arton Capital, the seminar promises to provide invaluable insight into effective ways of responding to AML/CFT related challenges that emerge daily in this constantly changing field.
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Written by novinite.com
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Wednesday, 29 September 2010
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 Bulgaria is now adhering to all criteria for entry in the Schengen zone, Interior Minister, Tsvetan Tsvetanov, stated.
The Minister, who spoke during his official trip to Brussels, voiced firm belief the country will be part of Schengen by the first half of 2011.
"We now see our joining of Schengen to happen during the Hungarian EU Presidency, around March or April of the next year. This is also our desire, but of course it would depend on those who have the authority to make the final call," Tsvetanov said.
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Written by novinite.com
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Thursday, 17 June 2010
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The European Parliament has approved with an overwhelming majority an EU Council decision that both Bulgaria and Romania comply with data security requirements for joining the "Schengen Information System" (SIS).
A report by Carlos Coelho (EPP, PT) approving the Council decision, which is the first step towards lifting the border checks, was given the green light with 525 votes in favour, 18 against and 54 abstentions.
A working group asked to verify whether Bulgaria's and Romania's branches of the SIS system ensure satisfactory levels of data protection has reached an overall positive conclusion, thus paving the way for further tests before the end of the year.
The decision aims to pen in a deadline for implementing the regulations regarding the Schengen Information System, which will allow the two countries to provide and extract data from the system under certain limitations.
Currently, Bulgarian citizens are allowed visa-free entry into the Schengen system and there is eased access to Bulgaria for Schengen visa holders, but the country is not a full member of the system.
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Written by Arton Capital
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Wednesday, 02 June 2010
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InvestBulgaria Agency releases the 2010 edition of the Investor's Handbook.
 Sofia, Bulgaria, Wednesday, 2 June, 2010 - InvestBulgaria Agency (IBA), a Bulgarian government investment promotion agency under the Ministry of Economy, Energy and Tourism, has recently published the 2010 edition of their Brief Investor's Handbook. The Brief Investor's Handbook 2010 is a short, informative guide on the business climate, investment opportunities and details for the Investor Program for Residence and Citizenship in Bulgaria. The printed english version of this guide is available at all Bulgarian Embassies and Consulates around the world.
Download a digital copy of the Brief Investor's Handbook from here or here.
InvestBulgaria Agency's mission is to help existing and potential investors find the right opportunities in Bulgaria. Their team of 30 professionals works at the highest standards for project management, business confidence and integrity. The Agency has access directly to all Bulgarian government institutions to facilitate the entry and development of businesses in the country. For more information on the agency, visit www.investbg.government.bg. |
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