All articles - Page 8986

Two Bids Placed in Foreign Trade Company's Privatization

Sofia-based Blyasak AD and a tie-in formed by Vienna West Business Service and Multiex Consortium-Sofia submitted the only two bids for a 95 percent stake in Technoimportexport before the November 11 deadline. The foreign trade company is valued at BGN 12

Politics | November 14, 2002, Thursday // 00:00

Anti-trust Commission Approves Two Acquisitions

The Commission for Far Competition approved the acquisition of a 51 percent stake in Vramed AD by drug maker Sopharma. The anti-trust authority also okayed the acquisition of Bulgarian Pension Insurance Company by insurer Doverie.

Politics | November 14, 2002, Thursday // 00:00

Tourists in Bulgaria Insured against Tour Operator's Bankruptcy

Tour operators will take out compulsory insurance starting to cover next liabilities towards clients according to new Bulgarian legislation. Next year, insurance polic\ies will cover risks related to non-provision of services, to bankruptcy and to the tra

Business | November 14, 2002, Thursday // 00:00

Words, Clay, Graffiti at the National Gallery

An exhibition under the project "Words, Clay, Graffiti" will be opened at the National Art Gallery on Thursday. The event is run by the Maslarski Gallery in Samokov.

Politics | November 14, 2002, Thursday // 00:00

Commission for Fight with Corruption Summoned

A session of the parliamentary commission for fight with corruption will take place in Sofia on Thursday. A meeting with Chief Prosecutor Nikola Filchev has been scheduled.

Politics | November 14, 2002, Thursday // 00:00

Annual Meeting of CEI member Prime Ministers

The annual meeting of the Prime Ministers of the members of the Central European Initiative takes place in Skopje till November 15. Seventeen countries are members of CEI.

Politics | November 14, 2002, Thursday // 00:00

Deputy PM Promotes Bulgaria's Investment Climate in Germany

Deputy Prime Minister and Economy Minister Vassilev will be on an official visit to Germany till November 21. Bulgaria's Deputy Prime Minister and Economy Minister Nikolay Vassilev leaves for a seven day visit to Germany today.

Business | November 14, 2002, Thursday // 00:00

EC Proposed Roadmaps for Bulgaria and Romania

The European Commission presented Wednesday roadmaps for Bulgaria and Romania to support the efforts of the two candidate countries to achieve their objective of joining the European Union in 2007. The purpose of the roadmaps is to indicate the main steps

Politics | November 14, 2002, Thursday // 00:00

FM: All Involved in Illegal Export Deal Will Be Punished

Foreign Minister Passy repeated Wednesday that Bulgaria, a NATO applicant hoping for invitation to join the Alliance at the summit in Prague next week, faces a very complex situation because of the unauthorised deal for export of equipment with possible m

Politics | November 14, 2002, Thursday // 00:00

Iraq Accepted New UN Resolution on Arms Inspections

Iraq said on Wednesday it accepted a new U.N.

World | November 13, 2002, Wednesday // 00:00

Russia Passed New Terror Laws

The upper house of the Russian parliament, the Federation Council, has given massive backing to two measures aimed at combating terrorism. Under the new rules the bodies of those who die as a result of an anti-terrorist operation will not be released to t

World | November 13, 2002, Wednesday // 00:00

IMF Wants Bulgaria's Performance Review Complete Next Week

We are here to conclude the review of Bulgaria's performance under the agreement. We hope this will be done next week, Jerald Schiff who leads the IMF mission in Bulgaria, said after meeting with Prime Minister Simeon Saxe-Coburg.

Business | November 13, 2002, Wednesday // 00:00

Clouds Hang over EU Economy

The gloom shrouding the euro-zone economy deepened with heavyweight Germany running foul of budget rules and France in danger of doing so. "The recovery is much slower than anticipated," the European Union's executive Commission said in its autumn economi

World | November 13, 2002, Wednesday // 00:00

Israel Seizes Control of Nablus

Israeli tanks rolled into Nablus and seized total control of the northern West Bank town, arresting at least 30 Palestinians in a stepped up retaliation for a kibbutz shooting which killed five Israelis. The incursion came a day after an Israeli raid on T

World | November 13, 2002, Wednesday // 00:00

WB Releases USD 750 M for Bulgaria's Reforms by 2004

A total of USD 750 M will be released by the World Bank for reforms implementation in Bulgaria till 2004. This transpired at the presentation of the World Bank 2002-2004 strategy for assisting Bulgaria in the town of Plovdiv.

Business | November 13, 2002, Wednesday // 00:00

BTC Starts Talks with Siemens and Ericsson for Network Digitalization

The Bulgarian Telecommunications Company starts negotiations with Siemens and Ericsson to supply and install equipment at the territory of the country regarding the digitalisation and expansion of the network. The company says that the deals will be paid

Business | November 13, 2002, Wednesday // 00:00

IBRD Credit for Poverty Fight in Bulgaria OKed

A loan agreement for the restructuring of USD 150 M of PAL 1 will be concluded between Bulgaria and the International Bank for Reconstruction and Development, the Bulgarian National Radio reported. The Parliament approved the agreement November 13.

Business | November 13, 2002, Wednesday // 00:00

Swedish Ambassador Upbeat on Opposition's Role

I believe that an active and constructive opposition can play an important role to strengthen the public confidence and trust in the reform orientation of Bulgaria's policy. Swedish Ambassador Sten Ask said that at an informal lunch he hosted for leader o

Politics | November 13, 2002, Wednesday // 00:00

Supreme Judicial Council to Appeal 2003 Draft Budget

The Supreme Judicial Council will appeal in the Supreme Administrative Court the governmental decision approving draft budget 2003 in its judicial power section. The supreme magistrates wanted the funding for the judicial power to be BGN 260 M for next ye

Politics | November 13, 2002, Wednesday // 00:00

October Study on Invest Activity in Industry

The National Statistical Institute carried out in October its first study on investment activity in the industrial sector, fully in line with the European program for business and consumer studies. The study aimed to collect information on the expected gr

Politics | November 13, 2002, Wednesday // 00:00

No Dutch Visas for Bulgarians Yet

The possibility Holland to introduce visas for Bulgarians is temporarily eliminated, Lyubomir Todorov, spokesman of the foreign ministry, said. He added that the Netherlands hadn't decided whether to satisfy the Bulgarian request for information about the

Politics | November 13, 2002, Wednesday // 00:00
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