Sofia Transport Hike Approved
Sofia's private fixed-fee taxis were allowed to increase prices by 50%. The municipal council greenlighted the hike Thursday.
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Govt, Employers, Syndics Sign Pact for Bulgaria Development
A Pact for economic and social development in Bulgaria will be signed by the country's Cabinet, the employers' organization and the leaders of the trade unions. The decision for the signing of the pact was taken at Thursday's meeting of Bulgaria's govern
Bulgaria's FinMin Refutes Further Salaries Boost
Bulgaria's finance minister refuted claims for further salaries increase following the one planned for January 2006. Minister Plamen Oresharski said that following the planned boost of 5% the cabinet could not afford another increase.
Tourism Expo Kicks Off in Sofia
The second edition of the tourism expo "Sofia 2005" will be officially inaugurated in Bulgaria's capital on Thursday. Various tourism services - tourism packages for the winter season, excursions, journeys, cruises and transport services as well as alter
IMF Mission in Bulgaria Kicks Off
The International Monetary Fund (IMF) Mission in Bulgaria kicks off on Thursday. During the two weeks of the Mission the IMF experts will make a second review of the implementation of Bulgaria's Precautionary Arrangement with the IMF and will look at the
IMF Frowns at Bulgaria "Loosening Fiscal Policy"
The International Monetary Fund will ask Bulgaria to continue its tight fiscal policy and keep spending in check to prevent a further widening of the current account deficit, a senior IMF official said Wednesday. In an interview with Dow Jones Newswires
Italy Opens Sky for Bulgaria's Hemus Air
Italian aviation authorities said planes of Bulgarian airline Hemus Air can now freely use Italian sky and airports. According to a spokesperson of ENAC, Italy's national entity for civil aviation, as quoted by BBC, the problems have been resolved at a m
Brits Buy Homes in Bulgaria, "Land of Slatko the Beret"
"Bulgaria. I've been twice now and confess I can never quite understand who runs the place, nor why so many Brits trust it as a retirement home," writes Tom Walker in The Spectator.
Bulgaria's PM Stanishev: Fight Against Corruption Top Priority
The Bulgarian Business Leaders Forum (BBLF), one of the most influential communities in the country, vowed to help Bulgaria's Prime Minister Sergey Stansihev in his efforts to fight corruption in the country. The business leaders offered their support to
Bulgaria Okays Danube Bridge 2 Loan Scheme
Bulgaria has ratified the funding contracts for its second bridge over the Danube River, linking the country with Romania. The scheme includes loans totalling EUR 88 M, and gratuitous assistance of up to EUR 7.
Decrease in Bulgaria's Oil Cost Continues
Bulgaria's dominant oil company cut prices once again on Wednesday, after this summer's shocking increases. The slight BGN 0.
EIB Funds Wastewater Treatment Plant in Haskovo
The construction of a wastewater treatment plant in the town of Haskovo, Southern Bulgaria, was given the start with a groundbreaking ceremony. The ceremony was performed by Ruud Van Enk, Counsellor at the Delegation of the European Commission to Bulgari
Flickenschild Doubtful over Reaching Agreement in Sofia
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
Cablenet, Trans Telecom Win Bulgaria "Class A" Wireless Net
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.
Fierce Auction on Wireless Networks Licenses Goes On in Sofia
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
IMF Mission Head Lands in Bulgaria, Budget Surplus Tops Agenda
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
IMF Wants Sofia to Plan Budget Surplus in 2006
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's Phantom Seduces Bulgarian Connoisseurs
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
Lufthansa Opens Daily Sofia-Dusseldorf Flights
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.
Bulgaria Auctions Wireless Networks Licenses
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
Bulgarian Home Trade Revenues Up
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.
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