The deadline for submitting bids in the First Centralized Open Tender in Bulgaria expires July 4. Over the next 22 days the applications will be processed and rated by Bulgaria's Privatization Agency.
The Supervisory Council of the Privatisation Agency will appeal the ruling of the three-member panel of the Supreme Administrative Court, which favoured Advent's appeal against the agency decision to scrap the EUR 210 M sale of a 65-percent stake in Bulga
Investors planning to invest in Bulgaria should have diversified portfolio, Bulgaria's Economy Minister Nikolay Vassilev said Friday. This means that the resources should be allocated in different kinds of investments, Vassilev explained.
The Supervisory Council of the Privatisation Agency will hold an extraordinary meeting today to discuss the sale of a 65-percent stake in Bulgarian Telecommunications Company BTC. On June 20 a three-member panel of the Supreme Administrative Court overru
Bulgaria's Government approved the loan agreement with the International Bank for Reconstruction and Development (IBRD) that is granted for the project planning reforms in Bulgaria's revenue administration. The loan agreed is EUR 31.
Bulgaria is the only country in the Black Sea basin country that does not import wheat, unlike Ukraine, Romania, Serbia and Macedonia, Agriculture Minister Dikme said Thursday.
A report of the Finance Ministry in Sofia puts conclusively last year's economic growth at 4.8 percent or some BGN 32 M.
Turkey's Ceylan Holding has paid off half of its debt to Capitalbank amounting to USD 158.8 M and goes on paying on 40 percent of its other loans.
German retail group Kaufland will invest EUR 3 M in the construction of a hypermarket in the town of Yambol. The move is part of the expansion policy of the company, which has some 600 outlets across Europe.
Jeroen Kremers, Executive Director of the Dutch Group in the International Monetary Fund (IMF), called for a more active policy of poverty combat and monopoly sectors restructuring at his meeting with President Parvanov Wednesday.
Right-wing opposition United Democratic Forces withdrew from consultations over the election of new Governor of Bulgaria's National Bank. The announcement came Wednesday from UDF leader Nadezhda Mihaylova after the latest meeting of representatives of UD
The deals with candidate buyers for Bulgaria's seven electricity distribution companies are expected to be inked by the end of the year, Deputy Energy Minister Anguel Minev said in the town of Pleven, 180 kilometres northeast of Sofia.
The Japanese Credit Rating Agency (JCRA) upped Bulgaria's rating to "investment." Bulgaria's Finance Minister Milen Velchev broke the news on Wednesday.
The World Bank has welcomed a new approach endorsed by government leaders of Central and Southeast Europe to reduce poverty among Roma and include them in European society through better education, health care, housing and job opportunities.
Bulgaria will receive EUR 4,2 B to carry out four major infrastructure projects, Bulgaria's Transport Minister Plamen Petrov said Wednesday. Structural funds of the European Union will provide the money for the projects.
Management of Bulgaria's Encouraging Bank signed Wednesday an agreement with the European Investment Fund (EIF) for a bank's guarantee endowment of EUR 7 M.
Rating agencies Standard & Poor's and Fitch firmly recommended to Bulgaria to extend its agreement with the International Monetary Fund (IMF) if in the more loose precautionary form. This is what a Bulgarian deputy finance minister said according to Bulga
The German investors are pleased with their businesses in Bulgaria and face no difficulties. This is what the economy minister of German state Saarland, Hanspeter Georgi, said Tuesday.
Strategic investors with a minimum of EUR 1 B of their own capital and annual sales of over 8-12 billion kWh are eligible for the privatisation of 67% stakes in Bulgaria's seven electricity distribution companies, Energy Minister Milko Kovachev in the tow
Jeroen Kremers, executive director of the Dutch Group in the IMF, assessed highly Bulgaria's economic development at his meeting with Finance Minister Milen Velchev on Tuesday. Macroeconomic stability is crucial for economic growth and creation of jobs,
If Bulgaria enters the European Union in 2007, the country could accept the euro no earlier than 2009, Bulgaria's Deputy Finance Minister Krassimir Katev said Monday. Katev denied speculations that EU member nations press Bulgaria to accept the Euro earl
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
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