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PROSTITUTION RING FROM UKRAINE BROKEN

Criminal gang smuggling women from Ukraine into Bulgaria was seized by the National Service for Organized Crime Control. A Ukrainian identified as Vladimir V.

Business | July 9, 2001, Monday // 00:00

PM TO BE NOMINATED THIS WEEK

`The Prime Minister will be nominated by the end of the week`, Speaker of Parliament Ognyan Gerdzhikov told journalists on Monday. `At the very end of the week President Stoyanov is expected to give a mandate for a government to be formed`, he said.

Politics | July 9, 2001, Monday // 00:00

BG TO REQUIRE NEW AGREEMENT WITH IMF

`Our explicit stand is that there must be a fresh agreement with the International Monetary Fund (IMF)`, Milen Velchev, PM of the Simeon II National Movement told the Bulgarian National Radio. New agreement with the IMF is necessary, no matter if Bulgaria

Politics | July 9, 2001, Monday // 00:00

BULGARIAN INVASION IN NORWAY

The number of Bulgarians, who asked for emigrant`s status in Norway in the last 5 weeks, become 400, after 169 people did it on Saturday. Most of the refugees are from the region of Rousse town and have gipsy or Turkish origin.

Politics | July 9, 2001, Monday // 00:00

HIDROPOL INVESTS IN BG WPE STATION

The Check company Hidripol will invest DEM 12 M in building of 4 MW water power-electric station (WPE) at Iskar river, near Roman town. The power station will be ready by the end of 2002 and will produce about 25 million KW/h electricity a year.

Business | July 9, 2001, Monday // 00:00

LEGISLATION COUNCIL TO ASSIST PARLIAMENT

The Simeon II National Movement plans to restore the Legislation Council institution, parliamentary chairman Prof. Ognyan Gerdzhikov announced.

Politics | July 9, 2001, Monday // 00:00

BG CUSTOMS OFFICERS SEIZED 2.03 KG OF COCAINE

2.03 kg of cocaine has been seized in a joint operation conducted by customs officers of the Drug Control Sector of the Sofia Airport Customs and of the National Service for Organized

Business | July 9, 2001, Monday // 00:00

ARAB COMPANY TO BUILD FIVE STAR HOTEL IN SMOLYAN

The Arab company Najar 2000 is to build a five-start hotel in the Rhodope town of Smolyan, Southern Bulgaria. The company, which is a Jordan-Syrian JV, bought the incomplete part of the Evridika trade centre for BGN 220,000.

Business | July 9, 2001, Monday // 00:00

GERMAN COMPANY TO INVEST IN BG FACTORIES

A framework agreement on the construction of two factories for separation of waste and production of waste-based biological fertilizers was signed by Rousse Mayor Dimiter Kalchev and Gerhard Schehle, who owns REB-Schehle of Germany. The project will absor

Business | July 9, 2001, Monday // 00:00

PLAMA OIL REFINERY DEMANDS THE HELP OF THE SNM

Former and current workers of the Plama oil refinery at Pleven will hand over on Wednesday an open letter to the leader of the Simeon II National Movement coalition (SNM) that won the general elections, demanding to help Bulgaria`s second refinery. A camp

Politics | July 9, 2001, Monday // 00:00

SNM TO ADOPT 40 ACTS ON EU INTEGRATION

The Simeon National Movement is to pass 40 acts in line with the process of EU integration, experts from the ruling majority assessed. Amendments to the tax legislation will be the SNM priorities.

Politics | July 9, 2001, Monday // 00:00

BG PRESIDENT: BULGARIAN ELECTORATE SHOWED WISDOM

`I hope that before the end of July the Bulgarian Parliament will have an opportunity to vote the new cabinet. As a President of the Republic I in no way am going to stand in the way of its good actions because the success of this government is a success

Views on BG | July 9, 2001, Monday // 00:00

INVESTORS FROM JAPAN INTERESTED IN BALKAN

A group of Japanese companies, including Tokuda, is interested in buying the air carrier Balkan. The announcement was made by the financier Stoyan Alexandrov, managing Tokuda Credit Express bank and consulting the corporation in Bulgaria.

Business | July 9, 2001, Monday // 00:00

WITH PAIN AND HOPE, BULGARIA CURBS WEAPONS TRADE

Washington Post, By Peter Finn Through the 1990s, the weapons factories of this decaying industrial town (Kazanluk) and others like it in Bulgaria churned out a broad selection of reliable, low-cost `small arms`-AK-47s, mortars, mines-for sale to outlaw

Views on BG | July 8, 2001, Sunday // 00:00

DZI TO OFFER INSURANCE FOR FOREIGNERS

The State Insurance Institute (DZI) is to offer tourist insurance for foreigners, officials announced. The service provides insurances for foreign citizen in case of 6-month sojourn, as well as transit passing.

Business | July 8, 2001, Sunday // 00:00

ECONOMY REPORTS GRADUAL IMPROVEMENT

The monthly survey of the economic situation conducted by the National Statistics Institute /NSI/ in the first two weeks of June show that the tendency for gradual improvement, observed in the past few months, is preserved though there is no considerable

Business | July 8, 2001, Sunday // 00:00

FERRON LOST THE CASE ON DANIELI EQUIPMENT

The arbitration court at the Bulgarian Chamber of Commerce and Industry rejected as void the claim of Ferron Investment Ltd. against Kamet.

Business | July 8, 2001, Sunday // 00:00

CABLE & WIRELESS TO EXTEND GBP 15 000

The British Cable & Wireless /C&W/ will extend GBP 15 000 for the archaeological excavations near Veliko Tarnovo, conducted by English archaeologists, under its Public Investments program.

Business | July 8, 2001, Sunday // 00:00

WB TO LAUNCH NEW URBAN PLAN ON BG CAPITAL

The World Bank /WB/ and the Sofia municipality will hold consultations and round tables on Monday and Tuesday on the introduction of Sofia`s new urban plan. Present at the sessions will be Sofia mayor Stefan Sofianski, WB mission leader Thomas O`Brian, ex

Politics | July 8, 2001, Sunday // 00:00

NEXT CABINET TO BE CONSTITUTED WITHIN TWO WEEKS

`I expect the new cabinet to be voted in the Parliament a week before end-July`, President Stoyanov said in an interview for second national TV station bTV. `The Simeon II National Movement is a specific organization, it will need some time for consolida

Politics | July 8, 2001, Sunday // 00:00

PA PUTS OFF DEALS TO THE NEW GOVERNMENT

Most of the deals and the opened privatisation procedures will be left to the next government because the present team of the Privatisation Agency /PA/ is unable to materialise them, officials from the PA announced. This decision was made because of the d

Business | July 8, 2001, Sunday // 00:00