Across Difficult Country

“The Bulgarian banks do not have a single penny or dollar invested in risky financial instruments, like the ones, which caused the financial crisis in USA,” the Governor of BNB Ivan Isrkov said, Trud Daily reported. Iskrov together with the Head of the Association of Banks in Bulgaria – Violina Marinova, explained that the banks in Bulgaria are not investment banks, but are commercial banks. According to Iskrov, that was why the banking systems in the region are stable, but he said that a slowing down of the growth rates of the economies was possible.  - " The Bulgarian banks do not have risky financial instruments ", FOCUS Information Agency.

Reporter Blaga Bangieva sends sad news from Bulgaria: Tobacco smoking in tourist sites to be forbid completely with a law from the start of 2009 are suggesting from Association of Bulgaria tour operators and tour agencies. In many European countries the ban already exists and this hasn't reflected to the incomes of hoteliers and restaurant owners. The International Air Transport Association (IATA) enters from July 1 only electronic tickets, which will embarrass the activity of tour agencies, because still many air carriers don't offer this kind of services.” Optimistic won’t effect tourism. Alas, I know from experience Blaga's optimism is misplaced. Is there anyplace in the world that still welcomes smokers? Yes, India, it turns out. The people there smoke like fiends : There are 120 million smokers in India, half of them younger than 30, the study found. India has a larger population of smokers than any other country in the world except China. Not only does India have a s...