93% of the young Bulgarians are willing to leave the country, the results from a survey conducted by National Center for Research of the Public Opinion show. Only 7% of the young people say that they would not emigrate.
Bookings from foreign tour operators at the major winter resorts of Pamporovo and Borovets are expected to increase, Economy Ministry officials said. Following this week’s heavy snowfall, the pessimistic projections for the 2001/2002 skiing season are ver
Gender, age, nationality, ethic identity, or physical condition requirements will be prohibited in job ads as of January 1, 2002 under the Employment Promotion Act, which passed at second reading in Parliament. Exceptions are allowed only when gender, age
The joint venture PSA Peugeot-Citroen and Toyota Motor Corp chose the Czech Republic to invest a total of EUR 1,5 BLN in building a greenfield car factory, Reuters reported, quoting a statement from the Czech State Investment Agency CzechInvest. The plant
The crisis in Argentina poses no threat to Bulgaria’ s financial stability, officials from the Central Bank and the Cabinet announced on December 20, cited by Dnevnik Daily. Deputy Finance Minister Krassimir Katev said that Bulgarian debt instruments will
The first GSM operator MobilTel will invest at least USD 100 M for construction of the network and improvement of its quality in 2002, Rumyana Kyuchukova, Executive Director of the company announced. In 2001, BGN 170 M were invested, by the end of the yea
Janet Dzambazka, Executive Director of the State Insurance Institute was appointed new Chairman of the Board of Directors of the state company. A week ago, Borislav Mihaylov resigned from the position.
The GDP for the nine months of 2001 has risen 4.7 % from the same period in 2000, the National Statistics Institute /NSI/ announced.
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Police fired teargas against protesters clamoring for the Argentine president's resignation outside his palace on Thursday. Days of rioting over austerity measures left 16 dead and forced the economy minister to quit.
Bulgaria’s agreement with the International Monetary Fund was published on the website of the Bulgarian Finance Ministry.
Bulgaria’s agreement with the International Monetary Fund was published on the website of the Bulgarian Finance Ministry. For the first time a text of a memorandum with IMF is released before its approval by the IMF Board of Directors.
A special fashion show featured at the National Academy of Arts on December 20. Professor Greddy Assa and his art students showed a collection of clothes designed especially for children without homes from the Faith, Hope& Love center for homeless childre
A new political formation – Republican Union – was established by a 58-member Initiative Committee in Sofia on December 20. Petya Shopova, Deputy Speaker of the 38 National Assembly was elected chair of the Union.
US acclaims the decision of the Bulgarian Parliament for the destruction of the SS-23 missiles, a press release of the US Embassy to Bulgaria reads. The hope that the missiles will be destroyed as fast as possible is expressed.
The Ministry of Transport and Telecommunications will propose to the Government the debt of the Bulgarian State Railways company (BDZ EAD) to the state, which amounts to BGN 140 M, to be settled by expanding the state participation in the capital of the
The Cabinet decided that the prices of cigarettes will be increased. The Government will announce how much the increase will be at its next regular governmental meeting.
The Bank Group “Bank Austria Kreditanstalt” plans to expand in Bulgaria. The Sofia branch of the bank, which will grow into a subsidiary, was granted a full banking licence, officials from the bank announced.
Government approved a national program for restriction of smoking. According to the program, smoking will be restricted to special places in the buildings of the state institutions.
The officials from the Libyan Foreign Ministry defined the relations with Bulgaria as “wonderful.” According to them, regular contacts between the two countries are to be established.
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