Bulgaria's new finance minister has said he would pursue new loan agreements with the IMF and the World Bank, reports the Wall Street Journal Europe. "We need an agreement with the IMF because it is a stamp of approval for the government's economic policy
The chapter on free movement of capital was closed in another round of talks on Bulgaria`s accession to the EU on Friday. Bulgaria gets a seven-year transition period after its entry in the EU before foreigners are allowed to buy land on its territory.
Cigarette maker Bulgartabac Holding`s profit for year 2000 amounts to BGN 11,683,000, which marks an increase by 120% from 1999, the company announced after a general meeting of the shareholders. The meeting decided that the amount of BGN 3,505,000 will b
The Privatisation Agency approved the contract with Trakiya on the sale of 79% of Iliantsi Commodity Market on Wednesday and have requested from the candidate buyer to submit a letter, guaranteeing its payments. The price agreed for purchasing Iliantsi is
An association of SUGAR BEET PRODUCERS was set up in Gorna Oryakhovica, with the primary objective to work out and implement policies, including government subsidies, for recovering the sugar beet production, traditional in the past. ***
President Stoyanov and British Premiere Tony Blair discussed during their meeting the possibilities for revocation of British visas for Bulgarians and for joint projects in third countries, mainly in Africa. Bulgaria`s aspirations for membership in NATO a
New Bulgarian government headed by Simeon Saxe-Coburg took first sitting in Sofia on Thursday. Up to 10 days the new Prime Minister will appoint head of its cabinet, chief secretary of the government also.
High leveled business gathered in Sofia under the hat of the Bulgarian Academy of science and demanded the new Bulgarian government to change the attitude towards businessmen and to change its economic policy. Among participants were Illya Pavlov (Multigr
Council for Investments and Financial Policy to be set up with the cabinet At their first joint meeting, initiated by the chairman of BAS (Bulgarian Academy of Sciences) Ivan Yuhnovski, businessmen, economists, scholars from BAS and representatives of th
Solomon Passy, the Bulgarian foreign minister convened an urgent meeting because of the crisis in Macedonia. Passy left immediately after the sitting of the Council of Ministers.
President Stoyanov`s three-day official visit to the United Kingdom started with an audience granted by HM Queen Elizabeth II at Buckingham Palace. President Stoyanov presented Queen Elizabeth with a replica of the rhyton from the Gold Treasury of Panagyu
The total assets of Roseximbank reached BGN 160 M by June 30, which marks a 50% increase in comparison to the year-ago period. The share capital, which amounts to BGN 20 M, has been fully paid.
Russia`s LukOIL plans to expand production lines and introduce new products as part of a planned major upgrade to its Bulgarian refinery Neftohim. The U.
Prime Minister Simeon Saxe-Coburg talked Thursday with US Committee on NATO Chairman Bruce Jackson. The two discussed the 2002 NATO summit in Prague.
US President George W. Bush and German Chancellor Gerhard Schroeder have sent letters of congratulations on Simeon`s taking over as Prime Minister of Bulgaria.
The Financial Times Expatriates set the agenda for government, says Phelim McAleer
A brief discussion on the latest developments in Macedonia was held by President Stoyanov, Prime Minister Simeon Saxe-Coburg, Foreign Minister Solomon Passy and the Chief of Staff of the Bulgarian Armed Forces, General Miho Mihov. It took place at Sofia A
Former Prime Minister Kostov welcomed the new government leader Simeon Saxe-Coburg and his ministers at a handover procedure and wished them good luck in exercising their heavy responsibility. Kostov gave the new Prime Minister a pen as a gift, wishing hi
For the first time ever, Bulgarian troops fired weapons of the Turkish army at the range in Lozengrad (Turkey). The two countries exchanged military units for training purposes on Monday morning at the Kapitan Andreevo border crossing.
The amount of BGN 492,786 has been extended to the Madan municipality few days prior to the elections for buying the museum of mining, the Crystal Hall and a few sports sites from the privatised mining entity Gorubso. Thus the municipality had to acquire
Bulgarian Invest commercial bank is to take up the servicing of Diners Club`s clients. A credit card contract has been already signed with the international organisation for card payments.
Google Street View is again on its way through Bulgaria
Bulgaria has the Largest Gray Economy in Europe
