Business Wire Internet household penetration in central and eastern Europe (CEE) will grow quickly over the next five years, from just over 5% now to 21% in 2005, according to a new Yankee Group Report, "Promises, Promises: Internet Will Flower in Easter
Deputy Economy Minister Kaloyan Ninov will head the working group with the Economy Ministry in charge of Varna shipyard, Nikolay Vassilev, Deputy Prime Minister and Economy Minister, announced on November 29. Deputy Minister Ninov replaced Rumen Berensky,
Incumbent Bulgarian President Stoyanov said that he will appoint a new Director of the National Security Service only in case that the Council of Ministers proposes to him a suitable candidature. He reiterated that he will consult President-elect Parvanov
Electricity supply will be terminated in case payment of electricity bill is delayed more than ten days, Parliament decided on November 29 at second reading of the Amendments and Supplements Act of the Energy and Energy Efficiency Act.
“We are very worried about the situation in the country. Bulgaria has become an orphanage,” Vassil Vassilev, Chairman of the Board of the Employers Association of Bulgaria said in his speech at the annual assembly of the association.
Bulgarian Foreign Minister Solomon Passy arrived on November 29 in Greece on a two-day working visit. He will discuss the bilateral relations between Greece and Bulgaria, the situation on the Balkans and issues related to the anti-terrorist coalition.
The Ministry of Transport and Communications is to make a proposal to the Cabinet on setting an annual license fee for GSM operators in proportion to the market share held by the operator. Now the license fee is fixed in proportion to the frequencies of t
EU Environment Commissioner Margot Wallstrom said that Bulgaria has achieved significant progress in the talks on the Environment chapter for joining the EU, Environment and Water Minister Dolores Arsenova said upon her return from Brussels.Arsenova added
Statement of the Prime Minister of the Republic of Bulgaria Saxe-Coburg: On November 19, the French Minister of Foreign Affairs Hubert Vedrine expressed support for simultaneous accession to EU of all candidate countries.
The Parliament approved the amendments to the Labour Code on November 28, 2001. The amendments envisage severance payments for laid-off employees if the company has been idle for over 15 days.
Bulgaria opened three new chapters from its European Union accession negotiations on November 28. The chapters that were opened include energy, regional policy, financial and budgetary provisions.
Children’s allowance will be given next year only to families, whose monthly per capita income is not more than BGN 110, Social Minister Lidia Shouleva said. Yet, the children allowance will grow twice up to BGN 17, which means that one-child-family will
Russe-based Prista Oil Company, Bulgarian lubricants producer, will invest BGN 10 M in the building of a refinery in the Danube city, Dnevnik Daily wrote. US oil major Texaco owns a 25% stake in the company.
Bulgaria’s National Electricity Transmission Company (NETC) may start negotiations with US-based AES and Entergy on upgrading the price of electricity it is going to buy from two Bulgarian coal-fired power plants, Milko Kovachev, head of the Energy Agency
Standart Daily Mrs.
Business climate in Bulgaria in November 2002 went down by three percentage point in comparison with the previous month, data of the National Statistics Institute (NSI) show. The confidence index measures the business environment in the countries.
The international rating agency S&P raised the long-term credit ratings of three Bulgarian banks. The banks are Bulbank, United Bulgarian Bank (UBB) and Municipal Bank.
The Bulgarian National Bank will put into circulation 80 million new banknotes, Governor Svetolslav Gavriiski said in Parliament.'The issue of the new banknotes will not entail the inflation growth,' finance experts commented.
Bulgarian Prime Minister Saxe-Coburg will visit Romania in the beginning of next year, it emerged after a meeting of his with Valer Dorneanu chairman of the Romanian chamber of deputies. Dorneanu said that the two officials discussed the political and eco
“The Israeli Group Leviev decided to give up the deal for the sale of the Bulgarian GSM operator MobilTel, “ the spokesman of the group told the Bulgarian Press Agency on the telephone. The spokesman reiterated that the deal is complicated and its finaliz
Young Bulgarians living abroad will consult the Government on its economic program. Deputy Prime Minister and Economy Minister Nikolay Vassilev called on them not to leave the ministers alone in “this ocean of unsolved state problems,” Vassilev and his de
The Bulgarian Yogurt is now a Protected Designation of Origin in the EU
Bulgaria is in the Top 25 Countries with the Biggest Debt Slaves
