The International Monetary Fund Mission Leader for Bulgaria Hans Flickenschild expressed doubts over the reaching of an agreement between the Fund's mission and Bulgaria's financial authorities. Flickenschild arrived Wednesday on a visit to Bulgaria a da
Bulgaria's Trans Telecom and Cable Net won the tender for a wireless network license with a bid of five million levs (approximately EUR 2.5 million) each.
The extremely heated auction for two licenses for building Class "A" point-to-multipoint telecommunication network that was launched Tuesday continues Wednesday. The price reached Tuesday was BGN 4,544,000 after the 32 round of the bid, announced Bulgari
The International Monetary Fund Mission Leader for Bulgaria Hans Flickenschild arrives Wednesday on a visit to Bulgaria a day before the mission starts its second review of the the two-year precautionary arrangement with the country. The fiscal policy by
The International Monetary Fund (IMF) voiced its concerns over the deficit in Bulgaria's current account that might exceed 10% by the end of the year. James Roaf, IMF Resident Representative in Bulgaria, voiced the Fund's worries on Tuesday just days ahe
Rolls Royce Phantom, one of the most expensive limousines in the world, delights Bulgaria's Sofia automobile connoisseurs. Only a few lucky admirers will be able to test the limousines during the 3-day presentations organized by Kamor Auto, general repre
German airline Lufthansa will commence regular Sofia-Dusseldorf-Sofia flights as of the beginning of November. Dieter Grosse, Lufthansa regional manager for Bulgaria, announced also that the flights will be operated every day, except from Saturdays.
Six companies bid for two licenses for building Class "A" wireless telecommunication networks, at an auction held by Bulgaria's Communications Regulation Commission (CRC) on Tuesday. Bulgaria's telecom industry watchdog, CRC, auctions the licenses for na
Home trade revenues in Bulgaria for the first eight months of the year rose by 13.6 % compared to the same period in 2004, the National Statistical Institute announced Tuesday.
The government is placing an emphasis on the development of business for the modernization of infrastructure, information technologies, agriculture and tourism.
The President of the European Bank for Reconstruction and Development (EBRD) Jean Lemierre has been acquainted with the priorities of the financial policy of Bulgaria's new cabinet. Bulgaria's Finance Minister Plamen Oresharski, who is in London for the
Cisco Systems Bulgaria introduced the Cisco Business Communications Solution featuring a tailored family of products, services, support and financing options to help small-to-medium enterprises (SMEs) and mid-market companies. The Cisco Business Communic
Bulgaria has suspended the import of live chicken and poultry from Turkey and Romania in another step towards preventing the possible spread of avian flu.
Hungary has banned the import of poultry meat and all related products from neighbouring Romania after the country detected the bird flu virus in its Danube delta. Other European Union countries, including Austria and Poland, had imposed similar bans bef
The airport in Bulgaria's main coastal city welcomed its 1.5-millionth passenger for this year.
Bulgaria's fixed-line telephone operator BTC is facing difficulties connecting its network to others. The Supreme Administrative Court has doomed such cooperation because of the lack of a detailed legislative framework, the BTC has said Sunday.
Bulgaria is likely to face power supply limitations over the next two years, the head of the local nuclear power plant has said. Once the Kozloduy plant shuts its units 3 and 4, the electricity feed in the country will be restricted in certain hours, Iva
Bulgarian government considers allocating the approximate sum of BGN 250 M resulting from the increased excise duties on cigarettes and alcoholic beverages on an increase of personal income. In an interview for Bulgarian news agency Social Minister Emili
The three ruling coalition parties have approved the draft macro-framework of Budget 2006. Under the coalition agreement, the leaders of the three ruling parties shall approve key issues of the state governance before putting them forward to the Council
A 46% raise in new car sales has been registered over the first nine months of 2005 year upon year, official data shows.
Bulgaria's DZI Bank became the first in the country to enable BGN 5 transactions from ATMs. So far, the smallest sum that the machines could procure was BGN 10 (approximately EUR 5).
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
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