The European Commission has set aside 112 in Europe for reporting emergencies following the example of 911 emergency hot line system in the United States, that links the appropriate emergency services. Bulgaria has also undertaken to introduce the hot lin
A consortium between Britain's BNFL and France's EDF was contracted by Bulgaria's only N-plant Monday to manage the decommissioning of the plant's 440-megawatt Units 1 and 2. The contract worth EUR 38 M is to be implemented over 38 months.
The CPI recorded a cumulated inflation of 3,8% in December 2002 over the same period in 2001, the National Statistical Institute announced. Annual inflation for the past year averaged 5,8%.
It will be known in two weeks when the memo for the trans-Balkan oil pipeline Burgas -Alexandroupolis will be signed. Deputy Regional Development Minister Hassan said he had consultations on the issue with the Russian side.
Bulgaria's nuclear power plant Kozloduy started a tender procedure for the construction of a spent fuel dry storage. The containers of Kozloduy's two oldest units, which were decoupled from Bulgaria's energy grid on December 30 and December 31 respectivel
A project for promotion of employment among young people will be launched this year under PHARE programme. The target group of the youth employment promotion project are people aged 18-29.
The bulk of Bulgaria's small and medium-sized enterprises do not have the potential to become part of the European Economy, chairman Bozhidar Danev, chairman of the Bulgarian Industrial Association (BIA) said. He set the number of these SMEs at 85%.
Subscription for the conversion of dollar-denominated ZUNKs into euro-denominated paper opens January 13. The move comes after the government conducted four operations for exchange of dollar-denominated bonds issued under the Act to Settle Non-performing
Domestic card payments in Bulgaria reached a record-high of BGN 2,236 B in 2002, data of the Bulgarian Organization for Payments Initiated by Cards (BORICA) show. The 75% increase over 2001's payments of BGN 1,276 B is attributed mainly to the volume of n
Prospects for the economies in Central and Eastern Europe will be one of the highlights at the 8th forum of issuers and investors of Central and Eastern Europe in Vienna, to be attended by Finance Minister Milen Velchev and his deputy Krassimir Katev. Min
Many regions in the country were blocked on Sunday because of the heavy snowfall. All planes that were scheduled to fly on Sunday morning took off with delays from Sofia airport.
Euroweek news agency awarded Bulgaria for best transaction in its debt management during 2002. Deputy Finance Minister Krassimir Katev underlined that assessment was made according to the criteria for best transaction for the state and not the investor.
"Pavel Ezekiev, the new director of the government's agency for promoting foreign investment, has announced a plan to attract average annual inflows of around EUR 1 B, including EUR 500 M in greenfield investment. Although Mr Ezekiev's target is less opti
The procedure for selection of a manager of the private equity fund, in which the state will participate with up to BGN 100 M, is expected to end in March. Boyko Botev, expert from the Economy Ministry said that in an interview for the Bulgarian news agen
"We see at the World Tourism Organization that Bulgaria has strong potential in the cultural, rural tourism, in the city breaks," Luici Caprini, Regional Representative for Europe of the World Tourism Organization told novinite.com.
Deputy Prime Minister and Economy Minister Nikolay Vassilev accused the opposition and a "group with corporate interests" in standing in the way of privatisation by attacking the Cabinet with "incorrect political means." He declared the government will do
The flow of tourists from Russia has declined significantly in 2002 due to the introduced visa restrictions. Andrey Grozov, Russia's minister plenipotentiary in Bulgaria said that the number of the Russian tourists went down by 30,000 in 2002 compared to
The Post-privatization Control Agency is currently reviewing some two thousand deals, submitted to it by the Economy Ministry. It had so far found violations in three hundred of these privatization deals.
The government will introduce measures to protect the Bulgarian investors abroad, in the neighboring countries in particupar. That was announced by Deputy Prime Minister and Economy Minister Nikolay Vassilev on Friday.
By creating a destination brand, Bulgaria has the unique opportunity to market itself to hundreds of thousands of potential visitors during the Olympic Games 2004 in neighbouring Greece. Tim Williams, president of top US advertising & PR agency R&R said t
A total of 3920 free PCs, together with a printer, modem, swipe-card reader and software will be distributed by the regional units of the National Health Insurance Fund, starting January 10. The equipment is provided under a project financed by a World Ba
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
