World Bank Loans USD 150 M to Bulgaria
The World Bank loaned USD 150 M to Bulgaria to boost reforms in public administration, the judiciary and anti-corruption.
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EU Pays for Bulgaria's Nuke Safety
Bulgaria's power plant Kozloduy will be financed with EUR 61.9 M for the decommissioning of its two oldest units.
Freshed Up Sofia Airport Handles 2.6 M Passengers a Year
Sofia airport will have a capacity of 2.6 million passengers and 26,000 tons of cargo exchange per year after the implementation of the project for its reconstruction, development and expansion.
Bulgarian Filmmakers Slam Center Sale
Bulgarian filmmakers vehemently attacked the conditions of the tender for the sale of a 95 percent stake in the country's movie production centre Boyana Film Studios. The terms of the tender give advantage to film producers over filmmakers, they claim an
Bulgaria Signs PAL 2 Agreement
Bulgaria's Finance Minister Milen Velchev and World Bank Director for Bulgaria Anand Seth are expected to sign a PAL 2 loan agreement following a review of the government's program for reform and the bank's support. The World Bank approved a USD 150 M Se
Private, Public Sector Hand in Hand for Bulgaria Promotion
Private business and the government have shaken hands in accord to pool efforts for promoting Bulgaria as tourist destination abroad. Bulgarian Convention and Visitors Bureau and the National Tourism Advertising and Information Agency have agreed on a co
World Saw 500,000 Fresh Millionaires 2003
About 500,000 people became US dollar millionaires last year, according to a survey of Merrill Lynch and CapGemini. That makes for a 7.
Bulgaria Woos Hollywood to Buy Film Center
Bulgaria will seek to attract Western European and American companies for the sale of a 95 percent stake in the country's movie production centre Boyana Film Studios. Announcements of the public tender, to be invited by the end of this year, will be publ
Serb Dollars Flow into Bulgaria's Resorts
Serb holidaymakers spend USD 250 million in Bulgaria every year, data show. But Bulgaria's Transport Minister Nikolay Vassilev said Bulgarian investment in Serbia were higher than vice versa.
Bulgaria's Pioneer Varna-London Flight Due
Bulgaria's flag carrier is about to launch a pioneer flight from the costal city of Varna to the British capital. June 18 is the date set for the flight.
Bulgaria Receives 15 Bids for Danube Bridge
Fifteen local and EU member companies have submitted bids for the design and construction of Danube Bridge II, to link the Bulgarian port of Vidin, 210 kilometers (130 miles) north of Sofia, and the Romanian port of Calafat. The pre-qualification procedu
EU Standards Trouble Bulgarian Wine Producers
Bulgaria's wine producers are disturbed by the country's commitments en route to joining EU. By 2007, the country's target date for becoming a full member, Bulgaria will have to double its vine-sown area.
UK, Bulgaria Seek to Boost Business Cooperation
A Bulgarian-British business forum was opened in the Bank of England on Tuesday. The special event is organized by the International Financial Services London (IFSL) and the Bank of England and will be inaugurated by the Bulgarian Economy Minister Lidia
Sofia Awaits Internet "Hot Spots"
US investors have discussed the options of setting high-speed free centers for Internet access. The establishment of so-called "hot spots" focused talks between Finance Minister Milen Velchev and local investors during the officicial one-week Bulgarian v
M3 Communications Group Joins European Business Congress
The European Business Congress got enlarged with seven Bulgarian companies, including M3 Communications Group, Inc., Asarel Invest, Bulgargas, Erato Holding, Petreco Sarl, Sofiyska voda, and Chimimport.
Zero-Inflated May Reports
The inflation over the month May has recorded a zero level, according to the latest statistics press release. The overall inflation rise since January has restrained up to 2 percent, compared to 6.
Bulgarian I-Centre Seeks Boost of IT Access
The access to information and communication technologies has stretched even to least developed areas in Bulgaria due to the i-Centre project launched on Monday. Financed by Transport Ministry and the UNDP in Bulgaria, the project also aims to make up for
Bulgaria's Business Opportunities Presented in London
Economy Minister Lidia Shuleva will present Bulgaria's commerce opportunities to the British business. Shuleva, who is on an official visit to UK, will take part in a round table along with the Board of Directors of the National Outsourcing Association
IMF Focuses on Bulgaria's Economic Development
The Board of Directors of the International Monetary Fund (IMF) will review a report on Bulgaria's economic progress over the last 10 years. A new IMF mission is to visit Bulgaria to discuss the parameters of the forthcoming precautionary agreement and r
Bulgaria's Telco Sale - Key for Market Liberalization
The sale of the Bulgarian telecom brings a crucial change to the liberalization of the market, according to the buyer. The deal must be considered a success to the telecom, the personnel and the management, the customers and the market, says Joanna James
Viaggio Air Flies Sofia-Varna
Bulgarian airlines Viaggio Air launched regular flights from the capital Sofia to the Black Sea city of Varna. The flights Sofia-Varna have been scheduled on Mondays, Wednesdays and Thursdays, Varna-Sofia - on Tuesdays, Thursdays and Fridays.
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