All articles - Page 9786

BANKS TO FINANCE SAPARD PROJECTS

Intentions to finance SAPARD projects have been stated by 10 banks, Agency Balkan announced. First Investments Bank, Unionbank, Bulgaria Invest, the Central Cooperative Bank, Raiffeisenbank-Bulgaria branch, Bulbank, Eurobank, Rosseximbank, the Bulgarian P

Business | June 4, 2001, Monday // 00:00

TOUR OPERATORS CALL FOR TAX REDUCTION

The government will support the development of the tourism sector so tax burden would not be problem for tour operators, Deputy PM and Economy Minister Jotev said at the official opening of the sea season. The revenues from tourism are expected to increas

Business | June 4, 2001, Monday // 00:00

ROYAL WAVE ROCKING A LEADER`S BOAT

Bulgaria`s delicate balance of power is being threatened by the political ambitions of King Simeon II, Nicholas Kralev wrote for Financial Times. Bulgaria`s exiled King Simeon II caught politicians on both left and right off guard and has formed a party c

Business | June 4, 2001, Monday // 00:00

HEMUS AIR CARRIES FLIGHTS TO BELGRADE

Hemus Air will carry the flights on the route Sofia-Belgrade-Sofia from June 1, Alexander Gyurov, trade manager for the company, said. To this destination only the state-owned company will fly after an agreement with the Yugoslav airlines JAT, for the pas

Business | June 4, 2001, Monday // 00:00

REVENUES FROM PROFIT TAXES INCREASED

The revenues from profit taxes amount to BGN 295.3 M for the period January to March 2001, the data from the Finance Ministry shows.

Business | June 4, 2001, Monday // 00:00

NMS II STANDS ON NEW ENERGY LAW

In the energy sector NMS II will insist on adopting new strategy and laws. King`s party declares its intentions to leave the parliament if it fails to pass a new Energy law after the elections, NMS II expert Vladimir Karolev, said.

Business | June 4, 2001, Monday // 00:00

TRANSIT TRADE ZONE INAUGURATED

Transit Trade Zone in the city of Varna was inagurated by PM Kostov and Foreign Minister Michailova. The trade zone is established as a joint stock company by a decision of Council of Ministers from April this year.

Business | June 4, 2001, Monday // 00:00

KING TO WITHDRAW DISCLOSED CANDIDATES

King`s party National Movement Simeon II decided to withdraw 8 candidates for the parliament in general Elections June 17, who were disclosed as former spies or informers during the communist time. The movement announced officially today that other 8 cand

Business | June 4, 2001, Monday // 00:00

AES PROMISES LOW ENERGY PRICES

The price of the electricity generated by Maritza Iztok (Maritza East) unit one will be initially USD 0.044 and by 2016 it will go down to $0.

Business | June 4, 2001, Monday // 00:00

UNDECIDED VOTERS 25 PERCENT

Undecided are some 25% of the eligible Bulgarians, which are to vote in the June 17 general elections, recent opinion polls show. Leading is the National Movement Simeon II of the ex-monarch Simeon II, National Center for Opinion Polls (NCOP) said.

Business | June 4, 2001, Monday // 00:00

EBRD: BULGARIA OFFERS UNIQUE OPENINGS

Bulgaria offers unique country environment openings with a macroeconomic and political stability in the past four years, Jean-Mark Peterschmidt, country director for Bulgaria of the European Bank for Reconstruction and Development (EBRD), said. EBRD will

Business | June 3, 2001, Sunday // 00:00

BALKAN RETAINS MEMBERSHIP IN IATA

Balkan Airlines national air carrier retains its membership in IATA and will be re-introduced in the international flight booking system, the receivers of the company said. The contract with the international booking system Amadeus will be signed this wee

Business | June 3, 2001, Sunday // 00:00

THREE BIDS FOR BEARINGS PLANT

Three bids were placed with the Privatisation Agency (PA) for the Bearings Plant, which is a self-detached part of the MIC company VMZ-Sopot of the eponymous Bulgarian town. The offers of the Swedish SKF, and the Bulgarian BSK - Kentavar and ORS Bulgaria,

Business | June 3, 2001, Sunday // 00:00

LAWYERS OPTIMISTS ON LYBIAN CASE

President Petar Stoyanov is convinced that proofs against six Bulgarian medics, refused the accusations for infecting 393 Libyan children with HIV virus yesterday, would not be found.`Bulgarian citizens, media and institutions should stand that the trial

Business | June 3, 2001, Sunday // 00:00

PM KOSTOV PROUD OF UDF ACHIEVEMENTS

Prime Minister Ivan Kostov evaluated the ruling of the UDF as the most successful mandate in the newest Bulgaria`s history. The UDF did not do a single fatal for Bulgaria mistake, neither in its economic development, nor in terms of foreign policy, PM Kos

Business | June 3, 2001, Sunday // 00:00

UDF AND KING DEFFER ON CORRUPTION ISSUE

The attitude towards corruption and red tape is among the great differences between the King`s party National Movement Simeon II and the ruling UDF, king`s economic team leader Nikolay Vassilev said. The huge interference of the state in running compa

Business | June 3, 2001, Sunday // 00:00

KING TO DECIDE ON EX INFORMERS

On Monday King Simeon II will decide the future of the MP candidates collaborated with the former State Security. The names of 78 MP candidates ex-informers to State Security has been published yesterday, some of them from King`s Movement, which runs for

Business | June 2, 2001, Saturday // 00:00

BULGARIAN MEDICS REFUSED ALL ACCUSATIONS

Six Bulgarian medics detained in deliberately infecting 393 children with HIV virus refused all accusations during a questioning by Libyan National Court today. It is the first real opening of the session court after more than an year of postponing the st

Business | June 2, 2001, Saturday // 00:00

TOURISM ASSOCIATIONS TO ISSUE LICENSES

Tourism associations will issue licenses for tourism activity by themselves, Vice PM and Minister of Economy Petar Jotev announced. Decrease in fees and shortening of time for license issuing is anticipated, Minister Jotev said.

Business | June 2, 2001, Saturday // 00:00

SEA RESORTS SELL OUT OPENED

The Privatization Agency (PA) announced the sale`s terms for the 14 hotels in Slanchev Bryag resort (on the Black Sea coast). Open tenders are envisaged for the restaurants and the sports` equipments.

Business | June 2, 2001, Saturday // 00:00

CZECH INVESTOR DEEPLY DISAPPOINTED

`We are deeply disappointed from the privatisation procedure in Bulgaria as Energo Pro was selected exclusive buyer for a water cascade in November 2000, we signed a preliminary contract and then was informed that the deal was cancelled. How can we say to

Business | June 2, 2001, Saturday // 00:00
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