All articles - Page 9070

THE DOW JONES INDEX OF LEADING US SHARES HAS LOST MORE THAN 3% AS INVE...

The Dow Jones index of leading US shares has lost more than 3% as investors failed to recover their nerve after a string of corporate scandals. The index fell below the symbolic 9,000 level early in the trading session, and experienced its largest one-day

World | July 11, 2002, Thursday // 00:00

THE AFRICAN UNION (AU) HAS MADE ITS FIRST DECISION BY UPHOLDING THE CO...

The African Union (AU) has made its first decision by upholding the controversial position of its predecessor, the Organisation of African Unity (OAU), not to recognise Madagascar's Marc Ravalomanana as the country's new president. African leaders reitera

World | July 11, 2002, Thursday // 00:00

FOREIGN EXPERTS NOTE IMPROVEMENT IN N-PLANT UNITS 3, 4 SINCE 1991

The findings of the Safety Review Mission (SRM) which the Vienna-based International Atomic Energy Agency (IAEA) conducted at Bulgaria's Kozloduy Nuclear Power Plant 440 MW Units 3 and 4 in late June 2002 detected sizeable progress at units 3 and 4 since

Business | July 11, 2002, Thursday // 00:00

IN LESS THAN A YEAR, THE DEBTS OF THE SUHINDOL-BASED VINE AND WINE COO...

In less than a year, the debts of the Suhindol-based vine and wine cooperative Gumza have gone up from BGN 20 M to BGN 60 M, Dnevnik Daily reported. A financial audit detected gross financial improprieties, which have allowed to siphon off the financial r

Politics | July 11, 2002, Thursday // 00:00

THE FINANCE MINISTRY OPPOSES THE GOVERNMENTAL DECISION TO GRANT STATE ...

The Finance Ministry opposes the governmental decision to grant state guarantees for a EUR 30 M EBRD loan for the implementation of the EUR 120,6 M project that will replace 2,620 subscriber substations and 60 km of pipes operated by the Sofia heating uti

Politics | July 11, 2002, Thursday // 00:00

BULGARIA SECONDS EU POSITION AT UN SECURITY COUNCIL

"Bulgaria seconds the position of the European Union," Bulgaria's Permanent Representative to the UN Stefan Tafrov said at an open meeting of the Security Council in the wake of the US demand that the entire UN personnel involved in peacekeeping operation

Politics | July 11, 2002, Thursday // 00:00

RETAIL CLIENTS BORROW 960 EURO ON THE AVERAGE

Bulgaria’s domestic banks lent a total of 448,000 consumer credits worth BGN 843 M by end-2001, data of the central bank show. The average amount borrowed by retail clients is BGN 1,882 (EUR 960).

Business | July 11, 2002, Thursday // 00:00

FM TALKED ON THE PHONE WITH MEDICS IN LIBYA, SAYS THEY ARE WELL

Bulgaria’s Foreign Minister Passy talked on the phone with the Bulgarian medics in Libya, charged with intentionally infecting Libyan children with HIV. The six medics are well and are getting prepared for the coming session of the Arraignment Chamber on

Politics | July 11, 2002, Thursday // 00:00

ECONOMY MINISTER DISCUSSES BULGARTABAC PRIVATIZATION WITH BIDDER

Bulgaria’s Economy Minister Nikolay Vassilev met with the President of the Regional Prospect bank and of the consortium Rosbulkgartabak Evgenii Frolov. The two discussed the privatization of Bulgaria’s tobacco monopoly Bulgartabac Holding.

Business | July 11, 2002, Thursday // 00:00

HEAD MAY OUTSOURCE PRODUCTION IN BULGARIA

The Austrian sports wear and equipment maker HEAD may relocate to Vidin production facilities from Estonia, the district governor Martin Donchev told Dnevnik Daily. Representatives of HEAD want to purchase 12 ha of municipal land for a sports footwear fac

Business | July 11, 2002, Thursday // 00:00

TERM FOR MISSILES DEMOLITION MAY BE PROLONGED IF NECESSARY

“If that is necessary, the deadline for the demolition of the SS-23 missiles will be extended,” Defense Minister Nikolay Svinarov said in Varna. That statement of his comes in times when locals from the Stara Zagora region where the probable demolition wi

Politics | July 11, 2002, Thursday // 00:00

CONSUMER PRICES MARK DEFLATION FOR THIRD MONTH IN A ROW

The CPI recorded a third consecutive month of deflation as prices dropped by 1,7 percent in June m/m, the National Statistical Institute announced. Prices of food products went up by 3,7 percent m/m and prices of non-food products by 0,3 percent m/m.

Business | July 11, 2002, Thursday // 00:00

DEPUTY TRANSPORT MINISTER RESIGNED FOR PERSONAL REASONS

Deputy Transport Minister Nikolay Nikolov handed in his resignation, Transport Minister Plamen Petrov announced at the regular news conference of the ministry. Nikolov was also present but declined to specify what his new job will be.

Business | July 11, 2002, Thursday // 00:00

BARAK: MIDDLE EAST PEACE NEGOTIATIONS COULD TAKE PLACE IN BULGARIA

“There could not be a better place for negotiations other than Bulgaria, “ former Israeli Prime Minister Ehud Barak told journalists upon his arrival in Bulgaria. He was asked whether Sofia was a suitable place for future peace negotiations between Israel

Politics | July 10, 2002, Wednesday // 00:00

CHILE'S AGED FORMER DICTATOR AUGUSTO PINOCHET, ACCUSED OF HUMAN RIGHTS...

Chile's aged former dictator Augusto Pinochet, accused of human rights crimes, said in a letter published on Friday he was withdrawing from political life with a "clean conscience" and that history would honor his "soldierly sacrifice" during his widely c

World | July 10, 2002, Wednesday // 00:00

BALKANPHARMA INVESTMENTS AT RISK BECAUSE OF NEW LAW

The largest pharmaceutical manufacturer in Bulgaria Balkanpharma plans to exceed the already committed investments in the privatisation of the pharmaceutical plants in Razgrad, Troyan and Dupnitsa. That was announced by Sindri Sindrason, Chief Executive O

Business | July 10, 2002, Wednesday // 00:00

SUPREME JUDICIAL COUNCIL TO STRIP PROSECUTORS OF IMMUNITY

One fifth of the members of the Supreme Judicial Council, besides the Chief Prosecutor, will be allowed to demand lawyers, prosecutors and magistrates to be stripped of immunity, Parliament decided July 10, as part of the final adoption of the amendments

Politics | July 10, 2002, Wednesday // 00:00

GREASY HEAT INSULATION OF A HEATED PIPING IN AN ENGINE ROOM OF UNIT 2 ...

Greasy heat insulation of a heated piping in an engine room of Unit 2 of the Kozloduy Nuclear Power Plant was found smouldering shortly after 8:30 p.m.

Politics | July 10, 2002, Wednesday // 00:00

FEE RELIEFS FOR POPULATION ALONG ROMANIAN BORDER MULLED

An agreement for cooperation in the fight against organized crimes, terrorism and the illegal traffic of drugs was signed by the Interior Ministries of Bulgaria and Romania Georgi Petkanov and Ioan Rus. Rus and Petkanov agreed to move to their governments

Politics | July 10, 2002, Wednesday // 00:00

IN TWO WEEKS AT THE INITIATIVE OF THE NATIONAL COUNCIL FOR NARCOTIC SU...

In two weeks at the initiative of the national council for narcotic substances, a coalition Anti-drugs will be set up, Healthcare Minister Bozhidar Finkov announced. The coalition will unite organizations, working in the field, aiming at exchange of expe

Politics | July 10, 2002, Wednesday // 00:00

JUSTICE MINISTRIES OF HUNGARY AND BULGARIA TO ENHANCE COOPERATATION

Justice Minister Anton Stankov and his Hungarian counterpart Peter Barandy signed a memorandum for cooperation between the ministries that they head. Barandy commented at the news conference after the signing that the problems faced by the justice ministr

Politics | July 10, 2002, Wednesday // 00:00
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