ECONOMIST: INFLATION IN BULGARIA DOWN
Inflation in Bulgaria will be down by two-fold in 2001, analyses department of Economist weekly said. Projected inflation is 8 percent while Economist puts it at 4.
Inflation in Bulgaria will be down by two-fold in 2001, analyses department of Economist weekly said. Projected inflation is 8 percent while Economist puts it at 4.
The three bidders for the state Hemus Air submitted their upgraded offers under the new requirements of the Privatisation Agency (PA). The highest bidding price was offered by Albanian Airlines, according to unofficial sources.
As intellectual property is becoming a major instrument for creating wealth, its protection is becoming increasingly important. The effectiveness of the system of intellectual property protection depends on the mass awareness of the system itself and of i
Two Bulgarian polling agencies circulated in local media protests against data presented recently on their behalf. State National Center for Opinion Polls (NCOP) and private Alfa Research denied they have conducted the cited opinion polls and hinted for p
Appreciation of the US dollar against the Bulgarian lev (BGN) in the domestic market will not jeopardise the 2001 national budget and Bulgaria`s foreign debt service, Ministry of Finance said. 2001 national budget estimations are based on an exchange rate
Germany will invest DEM 100 million in Bulgarian tourism in 2001, Mariana Assenova, Deputy Minister of Economy, said after the meeting of the joint Bulgarian-German Tourist Council. Germany invested the same amount last year according to official statisti
Bulgaria`s trade balance was negative to the amount of USD 279 million for January-March, 2001, the National Statistics Institute (NSI), said. The trade deficit is down by USD 23.
The ruling Union of Democratic Forces (UDF) might form a broad coalition with major political partners, which back up transparent targets, after the June 17 general elections, Ivan Kostov, Bulgarian Prime Minister, said. Kostov added that he does not excl
No buyers attented the tender for Rodina Prinitng House office space in Sofia, nerby the airport. The price of DEM 7 M announced by the Privatization Agency was accepted by 3 companies, but none came to participate at the open tender today.
Simeon II is ready to act as a prime minister if headed by him movement has strong support in June 17 general elections, said former Bulgarian King for influential Spanish daily ABC. The polls previously said King`s popularity went down 10% - from 39% to
The projected foreign investments for 2001 are some USD 1.400 billion, Mouravei Radev, Minister of Finance, said.
Bulgarians living abroad might vote in the forthcoming general elections wiih their old passports, the Central Electoral Commission (CEC) ruled. Holders of passports expiring by and before the election date, June 17,
Rosseximbank intends to buy insolvent Credit Bank, insiders said. The negotiations are in progress and a preliminary contract has been already agreed, they added.
The Bureau for Financial Investigation (BFI) has identified 25 criteria for dubious deals classified as money laundering. Traders in tobacco products, spirits and petrol are obliged to keep for five years information for all deals for Bulgarian levs (BGN)
Merrill Lynch investment bank does not currently recommend purchases of Bulgarian Brady bonds (Bulgarian foreign debt T-bills) due to the unclear political situation on the eve of the general elections, scheduled for June 17, 2001 in Bulgaria. The bank`s
Bulgaria`s foreign debt was down by $16.9 M in April and by the end of the month totalled $8.
The annual foreign investment per capita were $83.32 during the 1997-1999 period in Bulgaria, a KPMG consultants report said.
The National Health Insurance Fund is extremely satisfied with the developemnt of the information system in the fund, Dr. Boiko Penkov, its director, said at a press meeting.
Jean Philippe Courtois, Microsoft President for EMEA region and Senior Vice President, Microsoft Corp. arrives in Bulgaria June 21, was announced by Microsoft local office.
King Simeon II refused to meet Bulgarian foreign minister Nadezhda Mihailova to discuss the case with Bulgarian medics detained in Libya, Foreign Ministry press office announced. Earlier this month Mihailova asked the King, who lives in exile in Madrid an
Former Bulgarian president Zelju Zhelev was elected today president of the newly established Balkan Political Club in Sheraton Sofia. Many dignitaries from all over Balkans took part at the inauguration of the club, among them former Turkish president Syu
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