Business | August 30, 2001, Thursday // 00:00

Finance Minister Milen Velchev met the Lehman Bros and Eurasia Group to familiarize the group with the government intentions for foreign investments attraction and planned changes in the fiscal policy. A joint project on establishing a stability index Lehman Eurasia market Stability Index /LEGSI/ was presented by the group to Velchev.

Foreign Minister Solomon Passy will meet NATO Secretary General George Robertson and EU Commissioner Guenter Verheugen in Brussels during an official visit on September 10-12.

GLOBUL has started tests of its GSM network in Varna and Burgas. The GSM operator is expected to start commercial operations in mid-September.

Trade union experts claim that the budget has in 2002 a reserve of some BGN 120 million, which could be used for an increase of the salaries in the government sector. The reserve was attributed to the lower number of the sector employees that the number used for salaries` allocation.

The Ministry of Regional Development will sell off some of the companies engaged in the maintenance of the road infrastructure. Most of these companies have already been transformed into individual commercial companies, and their performance in 2001 will be used to gauge their potential to be successfully privatised.

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