In an open letter to the Bulgarian public Michael Chernoy, the Russian businessman, who was expelled from Bulgaria, expressed his discontent with the way politicians take advantage of his name. On November 4, the presidential candidate Bonev accused Stoya
Itar-Tass By Yuri Khots
Report of The Economist Intelligence Unit, the business-to-business arm of The Economist Group. The Economist Intelligence Unit has global network of over 500 analysts who continuously assess and forecast political, economic and business conditions in 195
Please, read the title “DEM 2 BLN to be exchanged for euros in Bulgaria,” published in the November 9th issue of the newsletter instead of "DEM 2 M to be exchanged for euros in Bulgaria" as it was published. The Editorial Staff of Breaking News apologize
Bulgarian gas distributors blocked Sofia-Kulata motorway for an hour on November 8 in protest against the introduction of excise duties on propane butane. The excise duties introduction is part of the process of aligning Bulgarian legislation with that of
The Bulgarian Deputy Foreign Minister and Chief Negotiator with the European Union Meglena Kuneva left for Romania to conduct talks on the EU integration of Bulgaria and Romania.
A Bulgarian delegation, led by Deputy Prime Minister and Economy Minister Nikolay Vassilev left for Katar where the Bulgarian officials will participate in the 4th Ministerial conference of the World Trade Organization. The conference will last till Novem
The report, made public on November 5 by Petur Stoyanov was the only report on corruption prepared by the Bulgarian Secret Security Services, according to Stoyanov. Petur Stoyanov and Georgi Purvanov participated in the final presidential debate, broadcas
Bulgaria’s Privatization Agency (PA) is to choose an international law firm to represent Bulgaria on the Balkan Airlines’ case at the International Court of Arbitration at the International Chamber of Commerce (ICC) in Paris. The decision was announced by
The new bill on privatisation and post-privatization was adopted by Parliament at first reading on November 8. Proposals on amendments are to be submitted in 14 days.
Negotiations between Turkey and Ceylan Holding should be held on Ceylan’s withdrawal from the construction works of Bulgaria’s Gorna Arda hydropower project and from the joint venture with Bulgaria’s National Electricity Transmission Company (NETC). The d
25 German experts will assist the Bulgarian Economy Ministry to improve the investment climate, encourage business and align the Economy Ministry's administration standards with the European ones. “PHARE Program finances the two-year project for partnersh
The Standard & Poor’s rating agency upgraded Sofia’s foreign currency long-term rating of unsecured debt from (B+) to (BB-). Sofia’s local currency long-term rating of unsecured debt was raised from (BB-) to (BB).
The presentation of the first Bulgarian Eurobond issue in Athens, Milan and Frankfurt was received with great interest by senior financial circles in Greece, the Finance Ministry announced. The increased interest showed and the heightened attention paid t
Bulgarian coffee traders organized a protesting happening against the ban on bulk coffee sales and the imposing of excise labels on packed coffee on November 9. The protestors gave a declaration to the Finance Ministry.
The Bulgarian Prime Minister Saxe-Coburg refused to comment on the morality of the pre-election presidential campaign. The Bulgarian Prime Minister Saxe-Coburg did not confirm the rumors that the Simeon II National Movement has withdrawn its support for P
Two Bulgarians were convicted of collaboration with the Afghan terrorist Osama bin Laden in drugs trafficking, the Italian newspaper Republica wrote. Grozdio Grozdev and Velizar Petkanov were arrested in Rome on November 5 with two Albanian drug dealers.
The Bulgarian Parliament ratified on November 8 a Fiscal and Payment Agency Agreement between Bulgaria and Chase Manhattan Bank of London and Chase Manhattan Bank Luxembourg S.A.
The Bulgarian Foreign Minister Solomon Passy is expected to visit Germany on November 22. "Germany is very important to us and so is the German support for Bulgaria's membership in EU and NATO," Passy said in an interview with Radio Deutsche Welle on Nov
The decision of the United States for further NATO expansion and for grant of USD 10 M for the next stages for NATO accession is a clear sign that Bulgaria will receive invitation for NATO membership in the autumn of 2002, according to Stanimir Ilchev, Ch
“Discussions for Bulgarian involvement in a United Nations humanitarian action in Afghanistan after the end of the military activities and the taleban regime is overthrown are under way,” Lyubomir Ivanov, President of the Atlantic Club said in his address
Bulgaria's Perperikon: A European Counterpart to Peru's Machu Picchu
Bulgarians Among EU's Least Frequent Vacationers, Struggling with Affordability
