Nuclear power plant Kozloduy representatives denied the reports of fire at the plant. The rumours turned out to be connected with a blast nearby the plant.
ProCredit Bank and the European Bank for Reconstruction and Development (EBRD) signed an agreement on a EUR 5 M credit line, financed by the Government of the United States. The credit line will be used to aid small and medium-sized enterprises (SMEs) in
The Bulgarian State Energy and Energy Resources Agency (SEERA) and the Canadian International Development Agency (CIDA) signed an agreement on the implementation of the project for technical assistance for the electricity system of Southeast Europe. CIDA
Bulgaria may give up the plan to build a new energy plant in hydro-power plant Maritsa Iztok 1, unless a survey shows it is necessary, Milko Kovachev, head of the State Energy and Energy Resources Agency, said on December 19. The survey on electricity mar
The Syndicate of the Burgas port’s workers organised an hour-long effective protest on December 20. For an hour the employees did not service the vessels.
“There are no funds for 13th salary in the budget but if the state institutions have saved some funds, 13th salary can be given to the state employees,” Nikolay Vassilev, Deputy Prime Minister commented on the decree, signed by Prime Minister Saxe-Coburg
A state of siege was declared in Argentina, as up to six people were killed in clashes with police and dozens more were injured. Argentine Economy Minister Domingo Cavallo quit along with the rest of the cabinet on Thursday amid the worst civil unrest in
Deputy Economy Minister Lyubka Kachakova will present today the first of its kind CD “The Export of Bulgaria.” Updated economic information on Bulgaria – state institutions, governmental bodies and organizations, branch chambers, associations and Bulgaria
Israeli businessman Gad Zeevi, owner of 75% of Bulgaria’s flag carrier Balkan Airlines, has added another USD 30 M to his earlier USD 230 M claim against Bulgaria’s Privatization Agency (PA), Dnevnik Daily reported, citing insiders. Zeevi informed the Bul
Russia’s plane maker MIG, known for its military jets in particular, hopes to reach a deal with Bulgaria to modernize its MiG-29fighet fleet as part of Bulgaria’s efforts to bring the air force up to the NATO standards, Reuters announced. The news agency
THE ASSOCIATED PRESS A train derailed Wednesday while carrying passengers including 116 people rescued after being stranded for 17 hours in freezing temperatures on board another train.
Reuters By Anna Willard
Balkanpharma Holding increases the prices of 300 medicines with 20 %, starting from January 1, 2002. The introduction of VAT on all the Bulgarian-produced medicines is the reason for the raise, employees from the Holding explained, quoted by Standart Dail
It will be possible to apply for microcredits, starting from December 21, Social Minister Lidia Shouleva announced. The applicants will have to submit business plans to the employment agencies.
The best Bulgarian gymnast - Jordan Jovtchev was awarded the prize 'Sports Icarus' of the Bulgarian Sports foundation for achievement of the year. The World champion from Gent (Belgium) was distinguished also with the award of the 'Fairplay' foundation d
Prime Minister Saxe-Coburg decreed 13th salary to be paid to employees of state enterprises only if there is a surplus in their wage fund. However, not all employees in the budgetary sphere will receive the Christmas salaries.
“The Bulgarian Foreign Ministry believes that relations with Libya need to be improved and contacts on all levels to become more frequent. In this sense, Bulgarian Foreign Minister Passy's meeting with Libyan counterpart Abdul Rahman Mohammed Shalqum in L
The Japanese businessman Torao Tokuda will invest in Bulgarian hospitals, Health Care Minister Bozhidar Finkov announced. Tokuda made a tour of three university hospitals – “Queen Ioanna,” “St.
After two hours of debates Parliament voted unanimously a decision in connection with the Cabinet’s efforts for speeding up Bulgaria’s accession to the European Union. Parliament decided that the Cabinet tables in Parliament a strategy for Bulgaria’s nego
The Moody’s international credit rating agency upgraded Bulgaria’s credit rating from B2 to B1 with stable outlook, Finance Minister Milen Velchev announced during the parliamentary debates on the Cabinet’s policy in connection with Bulgaria’s preparation
President-elect Georgi Parvanov had an official lunch with the Ambassadors of the Arab countries on December 19. Commenting on the Parliament’s declaration on destroying SS-23 missiles by November 2001, he said that this is a “sensible decision, in case w
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