Business

BULGARIAN LOTTO REVIVED

The State Lotto is revived after a year`s suspension. The game was very popular in this country and was solid source of revenues for the national purse.

Business | May 30, 2001, Wednesday // 00:00 | Viewed: 642

ECONOMIST: INFLATION IN BULGARIA DOWN

Inflation in Bulgaria will be down by two-fold in 2001, analyses department of Economist weekly said. Projected inflation is 8 percent while Economist puts it at 4.

Business | May 30, 2001, Wednesday // 00:00 | Viewed: 546

THREE TO BID FOR HEMUS AIR AGAIN

The three bidders for the state Hemus Air submitted their upgraded offers under the new requirements of the Privatisation Agency (PA). The highest bidding price was offered by Albanian Airlines, according to unofficial sources.

Business | May 30, 2001, Wednesday // 00:00 | Viewed: 530

COPYRIGHTS DISCUSSED AT WIPO CONFERENCE

As intellectual property is becoming a major instrument for creating wealth, its protection is becoming increasingly important. The effectiveness of the system of intellectual property protection depends on the mass awareness of the system itself and of i

Business | May 30, 2001, Wednesday // 00:00 | Viewed: 559

OPINION POLL MIGHT BE FABRICATED

Two Bulgarian polling agencies circulated in local media protests against data presented recently on their behalf. State National Center for Opinion Polls (NCOP) and private Alfa Research denied they have conducted the cited opinion polls and hinted for p

Business | May 29, 2001, Tuesday // 00:00 | Viewed: 598

USD RATE NOT TO JEOPARDIZE BUDGET

Appreciation of the US dollar against the Bulgarian lev (BGN) in the domestic market will not jeopardise the 2001 national budget and Bulgaria`s foreign debt service, Ministry of Finance said. 2001 national budget estimations are based on an exchange rate

Business | May 29, 2001, Tuesday // 00:00 | Viewed: 621

GERMANY INVESTS DEM 100 M IN TOURISM

Germany will invest DEM 100 million in Bulgarian tourism in 2001, Mariana Assenova, Deputy Minister of Economy, said after the meeting of the joint Bulgarian-German Tourist Council. Germany invested the same amount last year according to official statisti

Business | May 29, 2001, Tuesday // 00:00 | Viewed: 796

NEGATIVE TRADE BALANCE USD 279 M

Bulgaria`s trade balance was negative to the amount of USD 279 million for January-March, 2001, the National Statistics Institute (NSI), said. The trade deficit is down by USD 23.

Business | May 29, 2001, Tuesday // 00:00 | Viewed: 633

UDF MIGHT FORM BROAD COALITION

The ruling Union of Democratic Forces (UDF) might form a broad coalition with major political partners, which back up transparent targets, after the June 17 general elections, Ivan Kostov, Bulgarian Prime Minister, said. Kostov added that he does not excl

Business | May 29, 2001, Tuesday // 00:00 | Viewed: 548

NO BUYERS FOR RODINA BUSINESS BUILDING

No buyers attented the tender for Rodina Prinitng House office space in Sofia, nerby the airport. The price of DEM 7 M announced by the Privatization Agency was accepted by 3 companies, but none came to participate at the open tender today.

Business | May 29, 2001, Tuesday // 00:00 | Viewed: 472

SIMEON II READY TO RUN FOR PM

Simeon II is ready to act as a prime minister if headed by him movement has strong support in June 17 general elections, said former Bulgarian King for influential Spanish daily ABC. The polls previously said King`s popularity went down 10% - from 39% to

Business | May 29, 2001, Tuesday // 00:00 | Viewed: 662

$1.4 BLN PROJECTED FOREIGN INVESTMENTS

The projected foreign investments for 2001 are some USD 1.400 billion, Mouravei Radev, Minister of Finance, said.

Business | May 28, 2001, Monday // 00:00 | Viewed: 818

BULGARIANS ABROAD VOTE WITH OLD IDS

Bulgarians living abroad might vote in the forthcoming general elections wiih their old passports, the Central Electoral Commission (CEC) ruled. Holders of passports expiring by and before the election date, June 17,

Business | May 28, 2001, Monday // 00:00 | Viewed: 635

ROSSEXIMBANK TARGETS CREDIT BANK

Rosseximbank intends to buy insolvent Credit Bank, insiders said. The negotiations are in progress and a preliminary contract has been already agreed, they added.

Business | May 28, 2001, Monday // 00:00 | Viewed: 806

25 CRITERIA FOR MONEY LAUNDERING

The Bureau for Financial Investigation (BFI) has identified 25 criteria for dubious deals classified as money laundering. Traders in tobacco products, spirits and petrol are obliged to keep for five years information for all deals for Bulgarian levs (BGN)

Business | May 28, 2001, Monday // 00:00 | Viewed: 549

MERRILL LYNCH NOT TO RECOMMEND BRADIES

Merrill Lynch investment bank does not currently recommend purchases of Bulgarian Brady bonds (Bulgarian foreign debt T-bills) due to the unclear political situation on the eve of the general elections, scheduled for June 17, 2001 in Bulgaria. The bank`s

Business | May 28, 2001, Monday // 00:00 | Viewed: 588

FOREIGN DEBT DOWN BY USD 17 M

Bulgaria`s foreign debt was down by $16.9 M in April and by the end of the month totalled $8.

Business | May 28, 2001, Monday // 00:00 | Viewed: 697

FOREIGN INVESTMENTS PER CAPITA USD 83

The annual foreign investment per capita were $83.32 during the 1997-1999 period in Bulgaria, a KPMG consultants report said.

Business | May 28, 2001, Monday // 00:00 | Viewed: 468

HEALTH FUND SOON ONLINE

The National Health Insurance Fund is extremely satisfied with the developemnt of the information system in the fund, Dr. Boiko Penkov, its director, said at a press meeting.

Business | May 28, 2001, Monday // 00:00 | Viewed: 529

MICROSOFT SENIOR VP ARRIVES IN SOFIA

Jean Philippe Courtois, Microsoft President for EMEA region and Senior Vice President, Microsoft Corp. arrives in Bulgaria June 21, was announced by Microsoft local office.

Business | May 27, 2001, Sunday // 00:00 | Viewed: 578

SIMEON II REFUSED TO DISCUSS LIBYAN CASE

King Simeon II refused to meet Bulgarian foreign minister Nadezhda Mihailova to discuss the case with Bulgarian medics detained in Libya, Foreign Ministry press office announced. Earlier this month Mihailova asked the King, who lives in exile in Madrid an

Business | May 27, 2001, Sunday // 00:00 | Viewed: 476
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