The International Monetary Fund (IMF) has agreed to lend Brazil an extra $30bn, hoping that this will help pull the country and the region out of crisis. About $24bn of this will be distributed next year, Horst Koehler, the IMF managing director said in a
The Cabinet will release additional BGN 40 M for settling outstanding liabilities of municipalities, under a draft regulation on the additional funds earmarked for municipal budgets, to be discussed by the Cabinet at its session today. The decision comes
Countries in East and Central Africa may move to ban the civilian ownership of small arms in a bid to fight insecurity in the region. It is estimated that there are 100 million illicit small arms in Africa, crippling development in many areas of the conti
At least 13 people have been killed and nearly 30 wounded in explosions in the Colombian capital Bogota, minutes before Alvaro Uribe was sworn in as the country's president. Several of the explosions took place in poor Cartucho district a few streets away
Relatives of the victims of the 1988 Lockerbie bombing have given a cautious welcome to a statement by Libya that it is ready, in principle, to pay them compensation. The announcement was made by Libyan Foreign Minister Abderrahmane Chalgam, after talks b
The Privatisation Agency has invited a new tender for Vratsa-based military repairs plant VOLA. The tender for the all-cash deal has been scheduled for September 17.
A three-member managing board was elected at the first meeting of the Supervisory Board of the Shumen-based Shumensko Pivo beer brewery. The election was in line with the latest decision of the general shareholders meeting on a two-tier management structu
Astera Holding merges into Aroma AD, Lukan Lukanov, chairman of Sofia-based cosmetics producer, announced, cited by Pari Daily. The decision on the restructuring has been taken at a general shareholders' meeting of Aroma August 7.
PHARE program has released EUR 525,500 for a project on the renovation of vocational schools in the towns of Vidin, Vratsa, Montana, Haskovo, Kazanluk and Kurdzhali, Dnevnik Daily reported. The project will be implemented by the Regional Development Minis
A draft on the transportation of spent nuclear fuel to Russia via Ukraine will be discussed by the Cabinet at its session. It is the subject of an agreement between the governments of Bulgaria, Russia and Ukraine, expected to facilitate the transportation
New liabilities have been incurred, after Vidachim was ruled insolvent, up BGN 2 M from the previous BGN 68 M, Borislav Lorinkov, major shareholder of Pristis Group said, quoted by Pari Daily. A 70% stake in Vidin-based chemical plant Vidachim were transf
Ukraine blamed two pilots on Wednesday for the world's worst air show disaster, saying their decision to ignore orders and execute a dangerous maneuver contributed to the deaths of 85 people. The victims, many of them children, died when a Sukhoi Su-27 je
The Palestinian leadership has agreed in principle to an Israeli proposal to pull troops out of some occupied areas in exchange for a crackdown on militants. "There is preliminary approval," Palestinian minister Nabil Shaath said after Chairman Yasser Ara
Saddam Hussein announced plans to address the Iraqi nation as a new report Wednesday said U.S.
A majority of Bulgarians (76,6%), Poles (76,1%), and Lithuanians (61,7%) consider their country's economy to be in bad shape, while an absolute majority of Hungarians (56,2%) and a relative majority of Russians (44,1%) think that the current economic situ
Inflation rate of less than 4 % and unemployment under 15 % in 2005 are projected in the Bulgarian pre-accession economic programme (2002-2005), presented August 7. The programme was drafted by the Agency for Economic Analyses and Projections (AEAP) with
The demolition of Bulgaria's SS-23, Scud and Frog missiles begin in days, the floor leader of ruling party Simeon II National Movement told journalists in the town of Shipka. He added that there was a schema, under which all firing grounds in the country
The Economy Ministry has asked that BGN 20 M be released for a nationwide tourism campaign during next year, it transpired at a press conference of Deputy Prime Minister and Economy Minister Vassilev and Minister Hadzhinikolov in the city of Varna. There
President Parvanov returned for new discussion in Parliament the amendments and supplements to the Bank Law, adopted by the MPs on July 26, 2002.
A pre-term ending of the mandate of the Fair Competition Committee is envisages in the draft to be proposed by Deputy Prime Minister Nikolay Vassilev of the law on the protection of competition. That emerged after an interview for radio Free Europe with t
Deutsche Bank – backed Tobacco Capital Partners, placed first in the provisional rankings of Bulgartabac bids, confirmed a retraining program for laid-off employees is included in their offer at a meeting with the Confederation of Independent Trade Unions
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
