Up to 10% deduction on profit tax will be made in case of donation, the Parliamentary budgetary committee decided at its extraordinary meeting on December 3. The committee discussed the amendments to the Corporate Income Taxation at second reading.
Georgi Parvanov will press for amendments to Budget 2002 related to the problems of municipalities. The president-elect said that in Vratsa on December 3, adding that this will be one of his first proposals after taking office.
Asian Dub Foundation entranced its 3,000 fans gathered at Sofia's Hristo Botev hall on December 2 for the group’s live concert. This was the final concert in the framework of the Electronic Music Festival organized by the British Council in Sofia and Sofi
“I am extremely worried about the spreading wildfires in Bulgaria,” Prime Minister Saxe-Coburg said in his speech at the high level Donor Round Table with main topic “Fighting wildfires in Bulgaria in 2002” . Saxe-Coburg underscored that Bulgaria will man
Central Bank’s Issue Department assets dropped by BGN 81 M, plunging to BGN 7,701.3 M during the last week of November.
A strong explosion in a block in the Sofia neighbourhood “Hadzhi Dimitur” caused considerable damages. A 27 years old man was hurt.
“After one comparatively calm day in Israel, the situation is still disturbing,” Prof. Tsanko Yablanski, Bulgarian Ambassador to Israel, said on the National Bulgarian Radio on December 3 before the Israeli attacks on Palestinian targets, including the he
The base interest rate, which entered into force on December 4 will be 4.65%, down by 0.
At a meeting with parliamentary deputy speaker Kamelia Kasabova, representatives of six local organizations of disabled people insisted that a national program for the social integration of the disabled is drafted by 2003.
President-elect Parvanov and Prime Minister Saxe-Coburg said that there are no issues on which they have different stands after an hour long working breakfast in the Hilton Sofia hotel. That was the first meeting between Parvanov and Saxe-Coburg since his
A four-star hotel construction was launched at the site of the Riviera Hotel Club situated on the Black Sea coast near Varna. The hotel is part of the Riviera’s expansion plan and will cost BGN 10 M.
Bulgarian Finance Minister Milen Velchev participated in a meeting of the finance ministers from Ecofin Council and G-13 in Brussels. Minister Velchev presented the economic program of the government to Pedro Solbes, Economy and Finance Commissioner, C.
The Parliamentary budget and finance committee recommended that higher depreciation costs for cars be applied as of 2002. The move is expected to meet the demands of local taxi drivers.
Two associations of Bulgarian hotel and restaurants owners expressed concerns about the new Tourism Bill, approved by the Cabinet a month ago. According to them the bill empowers the state to develop sector policies in favor of the big owners.
Imports of soyoil from Argentina and rapeseed oil from Germany are to substitute the expensive Bulgarian sunoil on the domestic market and cover the shortage caused by the poor sunseed crop, Reuters reported, citing Bulgarian analysts. Bulgaria already im
Four candidates submitted bids with the Privatization Agency for the 57% state-owned stake in Bulgaria’s Alen Mak cosmetics producer by the deadline on December 3. The Privatization Agency set the initial price of the stake at USD 3,95 M.
The receivers of Balkan Airlines, Olga Milenkova and Hristo Mollov, have chosen a new company to evaluate the flag carrier’s assets, Pari daily wrote. The new evaluating company will be Iliev & Co.
Mehmet Nuri Yilmaz, Head of the Directorate of Religious Affairs (Diyanet) and spiritual leader of Muslims in Turkey, gave a religious dinner on December 3. Prime Minister Saxe-Coburg, the Chief Mufti of Muslims in Bulgaria and ministers attended the dinn
The negotiations between representatives of the Confederation of the Independent Trade Unions in Bulgaria, the Ministry of Transport and Communications and the management of the State Railways Company continued late in to the evening of December 3, but no
The two most recently formed parties in Bulgaria and Greece are both parties of free, self-made people united to fight for justice for all people, the Sofia and Athens Mayors agreed at their meeting on December 3. Stefan Sofianski and Dimitrios Avramopou
The privatisation strategy of the Bulgarian Telecommunications Company will be tabled in Parliament by the end of January, Apostol Apostolov, Executive Director of the Privatization Agency announced. By January, the consultant Deutsche Bank will have to b
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