Amendments to the Energy Act were tabled in Parliament, experts from Bulgaria’s State Agency on Energy and Energy Resources announced. The amendments provide for a two-component price, which will include the production costs and the infrastructure mainten
The Cabinet is to discuss the edited version of the “Structural Review of Bulgarian Armed Forces” report in a few days, Dnevnik Daily wrote. The report, together with many critical notes, was sent back to Bulgaria from NATO headquarters in Brussels a mont
Commercial banks will be allowed to use their euro-denominated positions at their minimum required reserves to buy BGN, Bulgarian National Bank (BNB) dealers announced on October 29. The new decision becomes effective as of November 1, 2001.
Bulgaria’s Finance Ministry denied media reports about a buy-back of a part of the state foreign debt. According to Bulgarian Capital weekly in September 2001 the Finance Ministry bought back Bulgarian discount Brady bonds for USD 46 M.
A working group with the Bulgarian Ministry of Transport and Communications is discussing Bulgaria’s national carrier Balkan Airlines liquidation, Dnevnik Daily wrote, quoting a source from the ministry. The company could be declared insolvent since the s
The Bulgarian Prime Minister Simeon Saxe-Coburg delivered a welcoming speech to the participants in the thirteenth conference of the Joint Parliamentary Committee (JPC) Bulgaria-European Union (EU). He recalled that the Bulgaria`s accession to the Europea
The Bulgarian President Stoyanov met Finance Minister Milen Velchev and Deputy Prime Minister and Economy Minister Nikolay Vassilev on October 29. The meeting took place on the initiative of President Stoyanov.
On October 29, the Cabinet had an extraordinary meeting, during which the Ministry of Finance presented the draft of budget 2002 and the envisaged tax amendments. The ministers stated what their proposals and objections to the drafted budget are.
A memorial plaque of Boris III will be officially put up in Razgrad on November 2, Dnevnik Daily wrote. The Bulgarian Prime Minister Saxe-Coburg in person will take off the cover of the plaque with his father’s image.
ABSTRACTED from BTA Washington
Your impressive advancement towards the executive power and succesful starting period as Prime Minister have created legitimately high expectations not only in Bulgaria but also in the the rest of the world. From a Swedish perspective a window of opportun
Swedish Ambassador Sten Ask informed Prime Minister Saxe-Coburg about the current Swedish business agenda in Bulgaria with a letter on October 29. In the letter, the ambassador insists for bigger bilateral cooperation between Bulgaria and Sweden.
The Customs revenues in the state budget for September are down with BGN 81 M, Darik Radio announced. The Customs provided no more than BGN 181 M to the state budget.
A referendum on the separation of Ahtopol, Varvara, Sinemorets, Rezovo and Brodilovo from the Tsarevo municipality was carried out in the five settlements on October 28. A total of 1571 citizens took part in the referendum, which is 80 % of all people who
`Bulgaria has the ambition to open all 29 chapters of the acquis communautaire by the end of the year,` Meglena Kuneva, Deputy Foreign Minister and Chief Negotiator with the European Union (EU) announced on October 29. So far, Bulgaria has opened 23 chapt
A telephone threat for a bomb stopped the work of the American Consulate in Sofia, the national bTV announced. Shortly before 9m a telephone signal was received that till one hour a bomb is to explode.
Iranian news agency IRNA The new Bulgarian Ambassador to Iran Dubrov Georgiev presented his credentials to President Khatami here Sunday [28 October].
The Bulgarian President Stoyanov awarded with the honorary medal `Stara Planina` the Turkish ambassador to Bulgaria on the occasion of his term`s end.
The Privatisation Agency /PA/ and the Ministry of Defense are expected to appoint a new privatisation procedure for Khan Asparuh military repair works, Pari Daily wrote. No candidate turned up at the public tender for 80% of the enterprise's capital which
The profit of Post Bank has risen 30% for the first nine months of 2001, was announced at a meeting of the procurators of the bank's branches last week. The bank has extended a total of BGN 250 M credits, of which BGN 100 M to citizens and small enterpris
“American Standard, santaryware producer, plans the building of a third factory in Bulgaria in 2003,” Vassil Kunev, American Standard Director for Eastern Europe and Bulgaria, said. The condition is that its daughter companies Vidima and Ideal Standard in
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