Bulgaria is considering a change in its agreement with the International Monetary Fund (IMF), Bulgarian Finance Minister Milen Velchev, who heads the Bulgarian delegation in the United States, said. He explained that the idea is to make the agreement a pr
Bulgaria's Economy Minister Nikolay Vassilev discussed prospective investment projects with Oracle and AIG while on a visit to Washington. He said that AIG is willing to acquire stake in the Post Bank.
"I expect the prices of Bulgarian eurobonds to go up in the long-term," Bulgaria's Finance Minister Milen Velchev, who heads the Bulgarian delegation in the United States, said. Bulgaria recently exchanged its Brady bonds for US dollar-denominated eurobon
Eighteen thousand privatization deals are being scrutinized by the governmental anti-corruption committee, State Administration Minister Dimitur Kalchev announced. The deals have been contracted by the Privatisation Agency and the Economy Ministry over th
Bulgaria's hospitals debts will amount to BGN 120 M by the end of the year, Deputy Health Minister Slavcho Bogoev said for NET radio. Up till now, the outstanding liabilities of the health care institutes total BGN 90 M.
Sofia City Court ruled the forklift producer Balkancar Holding insolvent with the decision backdated to May 15, 1996. The decision renders invalid all contracts signed after this point in time.
Our aim is to draft a programme for long-term cooperation with Brandeis, said Deputy Prime Minister and Economy Minister Vassilev after a meeting with graduates of the Brandeis University, Massachusetts. Minister Vassilev delivered a lecture on profession
Mega concert took place Friday night in the Bulgarian capital under the motto "Bulgaria in Favor." Four national electronic media - Bulgarian National Radio, Bulgarian National Television, private TV channel bTV and Darik radio united to promote Bulgaria'
Mongolians know by heart huge parts of the dialogue in Bulgarians' all-time-favorite TV series "At Each Kilometer". Kiril Gotsev, director general of the Bulgarian National Television (BNT), brought this flattering news coming back from a voyage to the As
Bulgaria registered an increase in the number of the foreign tourists with 8,23 percent for the first eight months of the year and 11,4 percent rise in August year on year. That was announced on Friday by Deputy Economy Minister, responsible for tourism,
More funding for national promotion is planned in budget 2003. That was announced by Deputy Economy Minister, responsible for tourism Dimitur Hadzhinikolov during a meeting with President Parvanov.
Investments in the Black Sea area peaked this summer, Dimitur Dimitrov, chair of the Varna Tourism Chamber, said. He specified that many big-scale investment programs have been carried out in 2002.
The absence of customs duties for industrial goods exports to the bulk of European countries may prove to be the main incentive for attracting foreign investors like General Motors. The opinion was expressed by Deputy Prime Minister and Economy Minister V
Prices of civil liability insurance policies are to go up by average of 13 percent for the whole range of vehicles. The Finance Ministry already approved the new rate list of the Insurance Supervision Agency.
Bulgaria reduced its foreign debt by USD 243 M as a result of the exchange of Bulgarian Brady bonds for US dollar-denominated eurobonds. The face value of the foreign debt is reduced by USD 107 M with a security of USD 135 M released under the second such
A register of foreigners, who reside in Bulgaria for a long period of time, is expected to be established. It will contain 23 types of personal data accessible only by a designated number of government agencies.
The Privatisation Agency received the ruling of the Supreme Administrative Court, which obliges the privatisation body to provide additional written evidence on Bulgartabac Holding privatisation. The ruling of the court comes in response to the complaints
Macroeconomic developments in Bulgaria and Romania are largely on track, the last issue of the World Economic Outlook of the International Monetary Fund reads. With further support coming from the projected recovery in western Europe, Bulgaria and Romania
The overall business climate index surged by 2,8% in September, the National Statistical Institute announced. Experts attribute the upward trend to the more favorable evaluation of managers with regard to the current business situation in the industrial a
ProCredit Bank, whose operation focuses on crediting micro, small and medium business in Bulgaria, signed a loan agreement over EUR 5 M with Kreditanstalt fuer Wideraufbau (KfW) Wednesday. The loan is granted for on-lending to micro, small and medium size
The formula proposed by the Bulgarian Cabinet for the closure of units 3 and 4 of the Kozloduy Nuclear Power Plant becomes part of the negotiations position of the country on the EU Energy chapter. That was announced by Euro-integration Minister Kuneva an
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
