It is out of the question for Sofia Airport to participate in the establishment of a new Bulgarian airline, Sofia Airport management announced, adding control over Sofia Airlines' finances is strict. The statement was prompted by reports on Sofia Airport
Turkey's aeroconcrete maker AKG is planning to invest some USD 15 M in a joint venture in Bulgaria, the Bulgarian News Agency said. The investor may build a factory in Varna, Burgas, or Plovdiv in 2005-2006.
Prices of real estate properties in the capital Sofia increased by 5% in the third quarter, the National Statistical Institute announced. They reached BGN 712 per sq m and remained the highest real estate property prices in the country.
Bulgaria's banking sector has experienced a lending boom avoiding the rise of bad loans so far in 2002. Data of the central bank shows that the percentage of performing loans remains 93.
The Confederation of the Independent Trade Unions in Bulgaria stages protests in twenty-eight districts' main cities. The rallies are set against the economic and social policies of the government.
A two-day Bulgarian-German tourism bourse opened October 21 in the Black Sea resort of Sunny Beach. Opportunities for cooperation in tourism between Bulgaria and Germany will be discussed at the forum, opened by Deputy Economy Minister Hadzhinikolov.
The Supreme Cassation Prosecutor's Office rejected a petition filed by the court-appointed receivers of beleaguered flag carrier Balkan Airlines against Transport Minister Plamen Petrov. At the beginning of October the court-appointed administrators of Ba
Settlement of Libya's debt to Bulgaria amounting to USD 54 M will be negotiated by the Bulgarian-Libyan financial subcommittee, set up in November 1999. The debts to Bulgarian state and private companies are also on the agenda.
Bulgaria has hammered out both strategic and operative plans for the state interior financial control. The plans reflect the recommendations of the European Commission on the issue and highlight the country's goals till 2005.
According to municipal counselors, the forecasted deficit in Sofia's 2003 budget ranges from BGN 110 M to BGN 160 M. They named such substantial figures considering the change in the municipal budget forming method.
Fluctuations in Bulgaria's business climate registered just a slight upward trend at the end of 2001 and the first half of 2002, the Bulgarian Industrial Association (BIA) Index for business climate state shows. The index, presented by BIA chairman Bozhid
German-Bulgarian cooperation bourse opens in seaside city Burgas Monday. Deputy Economy Minister, in charge of tourism, Dimitur Hadzhinikolov will open the event, which will last two days.
Day of the Bulgarian economy will take place today in Saar, Germany. Deputy Economy Minister Milen Keremedchiev will present Bulgaria's economy and investment opportunities.
Revenues from economic activities in the forests overshot the target for the first nine months of the year, the Ministry of Agriculture and Forests reported. Revenues currently stand at some BGN 74 M, while end-year target was set at BGN 77 M.
A one-stop-shop system will be set up to database data currently hosted by property, commercial and BULSTAT registers and registers of special pledges and non-profit juristic persons, Dnevnik Daily reported. The information technology that will maintain t
The Commission for Fair Competition approved the acquisition of a 67 percent stake in Blagoevgrad-based brewer Pirinsko Pivo by the Danish company Carlsberg. The shares will be transferred till the end of the week.
Three Bulgarian banks are among the top hundred banks list, released by independent financial information and analytical provider Standard&Poor's (S&P). The reaserch is on bank creditworthiness in Central and Eastern Europe including Russia, Ukraine and K
Up to date, more than 40,000 tons of wheat crop have been purchased by the State Reserve. This was announced by the reserve's head Vassil Tsokonov.
The real per capita income in Bulgaria is higher than what statistics shows, Deputy Prime Minister and Social Minister Shuleva said. Many Bulgarians do not declare thair real incomes.
The Aid in Retirement Program of the Social Ministry starts November 1, Deputy Prime Minister and Social Minister Shuleva said. The first stage of the project will benefit some 14,000 retired Bulgarians.
Professional managers will make the business decisions in the investment fund of joint state and private capitals proposed by the Deputy Prime Minister and Economy Minister Vassilev. Valeri Dimitrov, chair of the parliamentary committee on economy policy
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
