A number of financial violations were discovered during an audit at the National Electric Company for the period January 1, 1997 to April 30, 2000, control officials announced. The company wrongly claimed BGN 44 million in tax credit for inputs in electri
The myth of Simeon II will fade away very soon, a UDF (ruling party)partner stated. The economic progress cannot be achieved by superficial rhetoric, secretary of Popular Union S.
20 % more tourists will be at the Black sea resorts this year. Leonid Basnin, Russian consul to Varna predicts at a press meeting today.
Cyprus Helios Airways launched regular flights along the destination Larnaka-Sofia-Larnaka. The first one was executed on April 5.
Varna Shipyard`s candidate buyer Cammell Liard declared insolvency and called in receivers. There are suspicions that the company failed to guarantee the instalment on the contractual loan of EUR 125 M.
State Agency for Energy will announce in a month an international tender for an investor to hold construction of the water power stations of the `Upper Arda` cascade. The investors will have to engage with the rehabilitation of the three existing water po
Sofia will host the international conference on `NATO Globalization in XXI Century` and a youth conference `Youth of United Europe and NATO` held on April 24 and 26. The Atlantic Club and the Youth Euro-Atlantic Club will organize the events.
The 38th National Assembly held its last session on April 12, 2001 after a 4-year mandate. During its tenure the Parliament approved a total of 600 legislative texts, 135 of which were related to entirely new acts.
Belgian company in cooperation with a Hong-Kong partner will build an international golf ground and a hi-tech park in Bistritsa near Sofia. The golf ground will be build in cooperation with the British professional golf association.
BG Parliament ratified the agreement on EUR 5.4 loan between BG and the Bank for Development with the EU Council.
National Council for Radio and Television will elect a new general director of the Bulgarian National Radio. The election will be made immediately after April 26, 2001, when the term for appeals against the ruling of the Supreme Administrative Court on th
The US Trade and Development Agency granted $ 884 800 to BG. Neochim would receive $ 254 000 for analyzing of the opportunities to increase the energy efficiency and eventual construction of new facilities.
Expectations for BG summer season `01 are optimistic considering the progress of booking for BG resorts, Ministry of Economy reported. Bookings by German tour operators have increased by 20% and the Neckermann tour operator reported a 50% increase from la
Commercial Bank Biochim will be the first Bulgarian bank with ISO 9001:2000 certification. Biochim has been introducing ISO standards under the Commercial Bank Certification project, financed by Deutsche Gesellschaft fur Technische Zusammenarbeit.
The Atlantic Council of US proposed a pilot project for restructuring of BG defense industry, Ministry of the Economy reported. The project will be the first of its kind in the region and it aims at making more efficient use of the workforce in the defens
Creditanstalt Investment Bank will be the most probable consultant for the privatization of the BG tobacco monipoly state producer Bulgartabac again. The same consultant did not manage to proceed with the first round of privatization.
BG Foreign Minister N. Mihajlova meets today US Secretary of State Colin Powell in naighbouring Skopie.
OSCE - Organization for Security and Cooperation in Europe declared to monitor the Bulgarian general elections due tio be held June 17, 2001. All regions in the country will be covered by the observes, OSCE sources reported.
The huge interest to the National movement Simeon II is a good lesson to the Bulgarian politicians, president P. Stoyanov said.
102 000 Bulgarian citizens had hidden theri taxes in 1999, tax authorities said today. It was disclosed after the tax experts made comparison between the tax applications and the reports from the employers.
Probable separation of Montenegro from Yugoslavia might be a problem for the region also, Prime minister I. Kostov said today.
Bulgaria's Perperikon: A European Counterpart to Peru's Machu Picchu
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