Parliament approved budget bill 2002 on first reading with 130 votes in favor. 111 MPs from the Simeon II National Movement and 19 MPs from the Movement for Rights and Freedoms voted in favor.
German tourists in Bulgaria hit a record high during the first ten months of 2001, data of the Economy Ministry show. A total of 370 802 German tourists have visited Bulgaria since the beginning of 2001, which is by 42,9% up in comparison with the same pe
“I will not participate in the political life in the coming year and probably in the next years,” incumbent President Petur Stoyanov, who was defeated at the second round of the presidential elections said at a press conference on the occasion of the fina
President elect resigned from his MP position on November 22. Earlier during the day, after a meeting with the Deputy Parliament Speaker Blagovest Sendov, Parvanov said that it is early to talk about changes in the special services and about who the next
“The Bitova Elektronika company in Veliko Turnovo, northern Bulgaria, will come out next week in the market with a trial run of 290 color TV sets bearing the Hisense-Veliko Turnovo trade mark,” CEO Ognyan Kostadinov announced. 1,000 sets with 14-inch and
A contractor for a new Sofia airport runway and passenger terminal is to be appointed within a month at a tender. The design of the facilities is expected to be approved by experts by November 27.
A total of EUR 13,5 M of the loan released by the European Bank for Reconstruction and Development (EBRD) to Sofia Water joint stock company has been reportedly relocated to the British United Utilities International and International Water Co. The Nation
The Chief of General Staff of the Bulgarian Armed Forces, General Miho Mihov, attended the 9th Euro-Atlantic Partnership Military Committee meeting in the NATO headquarters in Brussels. The participants in the meeting pointed out that the Partnership for
European Commission President Romano Prodi and Europaen Enlargement Commissioner Guenter Verheugen have expressed their wish to meet the President elect Georgi Parvanov. Parvanov met on November 21 Dimitris Kourkoulas, Head of Delegation of the European C
Bulgarian Foreign Trade company Chimimport became member of the supervisory board of the Central Cooperative Bank (CCB). The decision was taken at the general shareholders’ meeting on November 22.
"German transport aircraft will probably fly over Bulgaria soon,” the Bulgarian Foreign Minister Passy said after a meeting with his German counterpart Joschka Fischer. Passy reiterated that this will not necessitate an agreement with Germany similar to t
Seven Bulgarian airlines – Hemus Air, Vega Airlines, Air Via, Air Sofia, Intertrans, Bright Aviation Services and BHR - have insisted on being granted state guarantees for insurance payments against military risks, Zdravko Velichkov, Deputy Trasport and C
About EUR 246 M were transferred to the Bulgarian National Bank forex reserve from the Bulgarian debut eurobond issue, Pari Daily wrote, quoting Finance Minister Milen Velchev. “ We will try to negotiate a bigger loan from the International Monetary Fund
France showed interest in investing in Bulgaria’s energy sector, in the environment and in tobacco production. Deputy Prime Minister and Economy Minister Nikolay Vassilev was to an official visit to France.
The Bulgarian investment mediators who are to trade the first Bulgarian eurobonds on the Bulgarian Stock Exchange (BSE) should have an account with the Luxembourg-based clearing institution Cedel. The other alternative for the mediators is to use the serv
Bulgaria’s economic growth will be 3.6% according to the European Commission (EC) economic forecast, made public on November 21.
'We discussed the possibility for 13th salary in the budget sphere and for 13th pension. We will check all the possible reserves for such payments', Deputy Prime Minister and Social Minister Lidia Shouleva said.
'Budget '2002 may be called "the beginning of poverty overcoming," Finance Minister Milen Velchev said when presenting budget bill 2002 to Parliament, to be voted on first reading. The actual growth of the municipal subsidy will equal 32.
The National Social Security Institute will be in charge of payments of social insurance and compensations for the unemployed. An Executive Agency for Employment will be created with the Minister of Labor and Social Policy, which will be implementing the
Edvin Sugarev, Bulgarian Ambassador to India, is going to hand in his resignation, Mediapool reported. Justifying his decision he has cited the impossibility to fulfill his obligations after the election of Socialist leader Georgi Parvanov as the new Bulg
30 Bulgarian companies passed a training course under the Export Quality Oriented Enterprise Profiling (EXPRO) project, aiming at export increase to the European Union countries. The project was financed by the Swiss Import Promotion Program.
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence
