Bulgarian History Seduces Tourists
Bulgaria, one of the richest European countries in historical vestiges, seeks to make tourists discover its inheritance. But it butts against a lack of funds and poor infrastructures.
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Bulgarians on New Autos Wave
Bulgarian auto market has marked a steady up-rise in car sales over the last year, with a growth of 43.3 percent for the first five months of 2004 compared to same period 2003.
Bulgarian Mortgage Interest Rates Up
Interests on mortgages in Bulgaria have gone up this month, according to a report of the Central Bank. In May, the average figure for private persons was 14.
IMF Hails Bulgaria's Bradies Buyback
The International Monetary Fund approved the government's plans to buy back USD 679.3 M of Bulgarian Brady Bonds on July 28.
WB Cash for Sisecam Project in Bulgaria
The International Finance Corporation will fund 50% of the investments of Turkey's Sisecam in building a production line for glass in the Bulgarian town of Targovishte, 318 km northeast of Sofia. The International Finance Corporation, part of World Bank
Bulgaria Announces Brady Bonds Buyback
The Bulgarian government will officially announce today it would buy back USD 679.3 M of Bulgarian Brady Bonds on July 28.
Hungarian Charters Link Budapest and Varna
Hungarian company Robinson Tours launches Friday its first charter flight directly from capital Budapest to Varna. The charters are scheduled to take place every Saturday till September, with an expectation of 80 percent fill-in.
Sofia Rental Prices on the Rise Trend
Capital Sofia is likely to see a hike in rent prices rising up with about 10-20 percent this year. Apartment sale prices marked a hectic upward trend throughout 2003 coming up to a relative standstill at EUR 536 per sq m over the first quarter of 2004.
Bulgarian Foreign Debt Buyback in the Offing
Bulgarian government has decided to approach investors with an offer of buying back part of their foreign debt shares and discount Brady bonds, with a par value of USD 679.3 M.
S&P Assigns Investment Grade to Bulgaria
Standard & Poor's Ratings Services assigned an investment grade to Bulgaria, the tenth sovereign currently rated by the agency that has made the transition from speculative grade. Standard & Poor's Ratings Services raised its foreign currency sovereign c
UK Ealing Set to Bid for Bulgaria's Film Center
British Ealing Studios, one of the oldest film companies in the world, declared its interest in the sale of Bulgaria's movie production center Boyana Film Studios. The work that has been done at Boyana Studios over the last several years is fantastic bot
Bulgaria's Railways Plan BGN 5 M Economy
The closure of 97 railway routes will lead to BGN 5 M economy for Bulgaria's railways. Bulgaria is planning to close these railway routes because of crushing losses.
Business Groans under Permits Burden
More than half of Bulgarian companies see the regime of permits and registration as major obstacle in their business activities. According to a sociological research, 60 percent disagree with the usefulness of permits issuance, while 43.
Mtel Attacks Bulgarian 3rd GSM License
Bulgaria's first mobile operator Mtel challenged the third GSM license over its non-tendered issue to telecom carrier BTC and price of BGN 54 M. According to the company the decision for the issue violates European practices and legislature.
Czechs Go for Power Expansion in Bulgaria
Czech CEZ, one of the bidders in the privatization of Bulgaria's electricity distribution companies, declared interest in the sale of three local thermal power plants as part of the company expansion in Central and Eastern Europe.
Australian Businessmen Eye Sofia
An Australian business delegation has arrived in Sofia to explore opportunities for further cooperation. On Wednesday, the guests held a meeting with Deputy Prime Minister and Economy Minister Lidya Shuleva.
Renault Searching for Bulgarian Subcontractors
Representatives of French automobile giant Renault are seeking to contact Bulgarian subcontractors. According to the online edition SpeedPress, a total of 46 Bulgarian companies are included in the list of probable suppliers for various elements of Renau
Italy Interested in Bulgaria's Business
Italian companies have stated interest in Bulgaria's business opportunities. Officials from the Italian Institute for Foreign Trade (ICE) explained that companies from the Pulia district could invest over EUR 200 M in Bulgaria over the next 3 years.
Muscovites Relish Bulgarian Wines
Bulgarian wines and medicines enjoy enormous popularity among Muscovites. According to Bulgaria-visiting Georgi Muradov, chief of Moscow's International Relations Department, Russian capital's citizens prefer Bulgarian to French wines not only because it
New Attack on Bulgaria's 3rd GSM License
The issue of Bulgaria's third GSM license has been challenged by a US company, the third appeal to be lodged since the license was awarded to telecom carrier BTC. Tafeta Ltd, registered in Albany, New York, has tabled the complaint late on Monday.
Foreign Airlines - via Bulgaria to US
United Airlines and Lufthansa will fly via Bulgaria on their way from Germany to the United States, according to reports.
Highlights
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UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
