The World Bank is dissatisfied with the reforms in the Bulgarian education, for which a loan of EURO 15,3 M was extended. The Bank insists that the reforms be completed within three years, sources from the bank`s mission in Bulgaria announced.
Unemployment rate in Bulgaria in September stood at 16, 4%, that is 0, 20% down on the August figures, the press center of the National Employment Office (NEO) announced. Sofia enjoys the lowest unemployment rate, 4, 45%.
Abstracted from Associated Press Although we had previously reduced emerging market debt exposure to defensive levels, we further reduced exposure to the sector over the last several months.
Two packages with suspicious content were found in front of the Sofia Hilton hotel. An unidentified female called the Police for the packages at around 12.
More than ten loans have been extended to small, medium-sized and family firms under the Union for Private Economic Enterprise national program for microloans. The program was launched on September 1.
Representatives of the leading agriculture Israeli company Deijun and the State Administration Minister Dimiter Kalchev signed a preliminary agreement on October 15 in Pernik. The leading company wants to lease 5 000 ha of land in the region.
`Cisco Systems looks at investing more money in Bulgaria,` Nigel Pink, Director of Business Development of Cisco Systems said at a press conference in the framework of the Third Southeast Europe Economic Forum that started on October 16 in Sofia. Accordin
BTA Foreign currency, part of the department`s assets, increased to BGN 56.
The First Real Estate Trade Show starts on October 17 at 1 p.m.
The Arab community in Bulgaria condemned the terrorist acts in the USA with a declaration, released on October 15 by the association of Syrian, Iraqi, Lebanese, Palestinian and Yemeni citizens, based in Bulgaria. Hitting separate terrorist organizations i
`No event in Bulgaria’s political life can derail the country from its way to NATO membership or hamper the Bulgarian Army reform, Bulgarian President and Supreme Commander-in-Chief Petur Stoyanov said on October 15. He participated in the celebration tha
The 3rd Southeast Europe Economic Forum opened officially on October 16 in the Sofia National Palace of Culture. The 4th Fourth Euro-Atlantic Conference on Potential for Public-Private Cooperation in Central and Eastern European Countries is being held to
A new college of economics and management opened on October 15 in Plovdiv, Bulgaria`s second-biggest city. Among the guests at the ceremony were MPs, local government officials and university professors.
Unit 2 of the nuclear plant will be switched off from midnight till six o’clock on October 16 in order to repair a circuit leak. The accident does not threaten the nuclear safety of the facility, the press office of the N-plant announced.
Some of the minority shareholders in Bulgarian soda ash producer Solvay-Sodi do not accept the buyback offer, made by the majority shareholder Solvay Sisecam. As the main reason for their decision was the unacceptable price.
The shareholders of the management-employee buyout company (MEBC) Elenite Invest and Elenite AD held a series of meetings. It was decided that Dimo Zanzov of Petrol Holding Group should replace Ivan Tsanev in the Board of Directors of the Black Sea resort
The Bulgarian National Service for Fight against Organized crime (SFOC) arrested a group of racketeers in Sofia on October 12. The gangs have been blackmailing Sofia businessmen.
Antoan Nikolov, Chairman of the Sofia Municipal Council, criticized the poor organization and condition of the streets in Sofia. `It was only the other day that we reopened the newly repaired Vitosha Boulevard, and here we are, starting again to repair it
`Bulgaria’s gray economy is centered in marketplaces and customs offices,` Evgeny Daynov from the Center for Social Practices said in Varna. `Goods worth USD 2.
`Cooperation in justice and the fight against organized crime between the prosecuting magistracies of Bulgaria and China are being discussed during the official visit of representatives of China`s prosecutor general`s office,` Rosen Dimov, Appellate Prose
The extravagant Swedes from the `Army of Lovers` arrived in Sofia. Mulatto La Camilla, Polish girl Dominica, Jean-Pierre Barda and Alexander Bard traveled like ordinary passengers.
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence
