Bulgarian exporters of lamb are to press for amendments to the Economy Ministry regulations for the annual distribution of a 7,000 –ton quota for sales to the European Union. The initiative was prompted by changes in the export capacity.
Neftochim, Bulgaria’s biggest oil refinery announced on December 13 it will cut wholesale fuel prices by three and five percent on average as of December 14. The fall was prompted by the low crude oil prices on world markets.
Bulgaria’s economic outlook remains encouraging, with robust growth and low inflation, according to a Deutsche Bank market research report, quoted by Dnevnik Daily. Though the current account deficit is widening Bulgaria’s external financial positions rem
Economic cooperation between Bulgaria and Germany was the focus of talks between Bulgarian Prime Minister Simeon Saxe-Coburg and German Chancellor Gerhard Schroeder in Berlin. Schroeder said economic contacts could concentrate in three areas: modernizatio
The new pollitical organization which was constituted on December 1 under the name Bulgarian Democratic Union-Radicals had its first meeting on December 13. Evgeny Bakurdzhiev, who was expelled from the Union of Democratic Forces for unethical behavior wa
BGN 200 - BGN 250 will be the fee for the drivers who drive with old driving licence, starting from January 2002, the Cabnet decided
The Cabinet decided that 10% of the Bulgarian teachers will not be laid off as envisaged.
President Bush announced U.S.
Zdravko Velichkov, Deputy Transport and Communications Minister, has resigned, Info radio reported, citing unofficial data on December 13. Transport Minister Plamen Petrov said earlier that personnel changes in the Ministry are to be expected.
Revenues of 6,981,918,700 BGN, expenditures of 7, 528, 130, 900 BGN and deficit of 546, 212, 200 BGN are set up in Bulgaria’s budget for 2002 according to approved at second reading text from budget bill 2002. Expected tax revenues are of 5, 450, 463, 100
The German regional newspaper Turinger nachrichten published an interview with Prime Minister Saxe-Coburg entitled “I do not expect miracles.” The Bulgarian PM is at an official visit to Germany.
The traffic of heroin via Bulgaria has intensified after September 11 terrorist acts, Roumen Milanov, Director of the National Service for Fight against Organized Crime, said on December 13. The direction is not from Afghanistan to Bulgaria, but rather fr
Privatization Agency signed a contract for the sale of 80% of the capital of Agro 2000 with Pleven-based Iliya Iliev Company. The deal has been approved by the Supervisory Board.
Survey data show the majority of Bulgarians support Bulgaria’s NATO entry, and this is very encouraging, David Price, who heads the delegation of NATO Parliamentary Assembly, said on December 13. The delegation’s visit in Bulgaria is at the invitation of
Council for fight against corruption with the Interior Ministry was set up late on December 12. Deputy Interior Minister Rumen Stoilov will be Chairman of the Council.
In the next two years, Bulgaria will receive USD 300 M, allotted in nine tranches under the new agreement with the International Monetary Fund, Finance Minister Velchev announced after the end of the third round of the negotiations between the Bulgarian G
Bulgarian Press Agency The gross stock of Bulgaria's external debt stood at 9,898.
New York Times By Ian Fisher
“The high unemployment rate is one of the biggest challenges Bulgaria faces,” Mihal Rutkowski, Social Protection Sector Manager with the World Bank, said when presenting a Bank's report to members of the Parliamentary Social Committee on December 13. The
Berlin Mayor Klaus Wowereit expressed his hope that Bulgaria’s negotiations with EU will be successful and Bulgaria will enter EU in the near future at a meeting with Prime Minister Saxe-Coburg in the German city. Your country faces huge challenges and bi
Banks and financial institutions should check their clients who make deals with over BGN 30,000, the Cabinet decided on its regular governmental meeting. All clients with such deals will have to submit their personal data.
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase
