Bulgaria Invest Bank will switch to two-tier management system, following a shareholders decision, Dnevnik Daily reported. Allianz Bulgarian insurance company holds a 79% stake in the bank.
A contract on building a chemical plant for chemical compounds, biological products and fertilizers was signed by the president of the Italian company MLT and the mayor of the town of Kula, Pari Daily reported. The Bulgarian-Italian company will be named
Figures showing strong consumer sentiment have buoyed hopes of a rapid recovery for the US economy. US consumer confidence rose to an index figure of 110.
The number of people killed in the earthquake disaster in northern Afghanistan has risen sharply after fresh aftershocks hit the region on Wednesday morning, according to the Afghan Government. Government officials had previously talked of about 2,000 dea
A man has been arrested after he shot dead eight people with an automatic weapon in a western Paris suburb, BBC reported. Many more were injured - 14 of them seriously - during the attack, which took place after a late-night council meeting in Nanterre to
The Privatization Agency intends to launch a tender for a consultant on the planned sell-off of state-owned Bulgarian Maritime Shipping and Bulgarian River Shipping companies. Up to 80% in the second companies are to be sold in a public tender.
Bulgaria’s arms exports in the second half of last year amounted to USD 200 M, double the amount for the full 200, Vladimir Velichkov, head of the state commission on arms exports said at the Roundtable on Bulgaria’s arms industry. The rise is attributed
Palestinian leader Yasser Arafat will not attend the Arab League summit in Beirut, because, as one Palestinian official said, Israeli Prime Minister Ariel Sharon is "behaving like the head of a gangster state." Earlier, Sharon said if Arafat called in Ara
NATO enlargement to the south “continues to enjoy bipartisan support” in the US Senate, a letter by US Senate Majority Leader Tom Daschle, South Dakota Democrat, and Minority Leader Trent Lott, Mississippi Republican reads. The letter, addressed to Romani
Luc Montagnier, co-discoverer of HIV, has been invited to be expert on the case of the Bulgarian medics, charged with intentionally infecting Libyan children with the dangerous virus. That was announced by Foreign Minister Passy in Bucharest.
Defense Minister Nikolay Svinarov and the General Director of the Russian company RSK "MiG" Nikolay Nikitin signed a contract for repairing of twenty Bulgarian MiG-29 fighter aircraft. The Russian company won the competition for repairing the aircraft in
The Indian parliament, meeting in a rare joint session, has voted in favour of controversial anti-terrorism legislation. The Prevention of Terrorism Bill was passed by 425 votes to 296 in the historic session - only the third of its kind since India gaine
A multi-billion-euro European network of global satellites has been given the green light. The Galileo system will provide precise navigational data for future car drivers, sailors and mobile phone users.
The rehabilitation plan of flag carrier Balkan Airlines has already been prepared by its receivers. The deadline for its submitting into court expires on March 27, but this could be changed, Hristo Mollov, one of Balkan receivers, said.
Final preparations for a key Arab summit are being overshadowed by the row over whether Palestinian leader Yasser Arafat should attend. Protests have been taking place across the Middle East to demand his presence at the Arab League talks in Beirut, where
US Deputy Secretary of State Richard Armitage announced that he had no information on Al-Qaida terrorists meeting in Sofia. Al-Qaida terrorists operate in more than 60 countries, including my own, Armitage pointed out, adding that every cabinet’s efforts
The Privatization Agency (PA) signed the contract on Sandanska Bistritsa Cascade. The Czech company Energo-PRO will pay USD 33 M, half of it has already been paid in cash, the remainder will be paid in a 30-day period in compensatory papers.
VOA News Roger Wilkison
KPMG and Andersen are in discussions to find ways to combine their operations in the Central Europe region. Despite the complex nature of the negotiations, it is the intention to finalise an agreement as soon as possible with a view to combining operation
Bulgaria's Transport Minister Plamen Petrov said Bulgaria planned to set up joint ventures with foreign investors seeking concession for its major airports. The government has been working on plans for granting concessions for the country's three main civ
By Daniel Simpson BUCHAREST - Washington wants to admit as many new countries to NATO as are fit to join, U.
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
