`The Stability Pact is ready to provide all of its instruments to help Bulgaria join the European structures and achieve a fast economic growth`, Special Coordinator Bodo Hombach said on Monday. Hombach is on a two-day visit to Bulgaria.
` Polimeri will launch joint production with Germany`s Krupp Ude and will expand its facilities in a two-year period `, Dimitar Karaivanov, head of the Devnya-based company, announced. An agreement has been reached with the Dortmund-based company on the i
Japan`s Tokuda Corporation announced it has completed the audit of Bulgaria`s national air carrier, Balkan Airlines. Tokuda experts have investigated the financial status of the company in receivership, the debts of the airliner and their repayment, the r
The pre-tax profit of Economic and Investment Bank /EIBank/ for the first half of 2001 amounts to BGN 7,988,000, up from BGN 3,737,000 for the year-ago period. The bank`s post-tax profit stands at BGN 7,865,000, compared with BGN 3,627,000 for the first h
Sofia municipal PRIVATISATION AGENCY posted revenue, three times higher than the planned one. Higher investment activity on the part of the new owners was reported for the first six months.
EU Chief Negotiator with Bulgaria Michael Leigh told Parliament Chairman Gerdzhikov on Monday that he highly appreciates the readiness of the new political force in Bulgaria to seriously undertake continuity in the policy towards EU membership. Leigh said
Business barometer polls conducted by the Statistical Institute (NSI) over the month show a positive development of the business climate. In July the composite Business Climate Index, based on the opinions of the business owners and executives polled by t
The Bulgarian Telecommunications Company introduces new prices for leased lines` services, effective from September 1, 2001. The average reduction of the tariffs will be 1,13%.
BGN 50 000 is the heaviest fine envisaged in the bill of accounting is the heaviest, introduced in Parliament. The sanction is to be applied to the companies that carry out audit without being authorized.
`We have been assured, that there is a chance for Great Britain to alleviate the visa regime for Bulgaria`, Bulgaria`s ambassador to London Valentin Dobrev said for Darik radio. This statement renounced the information that the regime would be made even s
By Charles Fenyvesi and Edward von Kloberg They were washed out politically for more than 50 years, outcasts from the countries their dynasties once ruled.
`The European Union will grant EUR 300 M per year in pre-accession support to Bulgaria, which is equivalent to about 2.5% of Bulgaria`s GDP.
Ten rules which each journalist must keep were accepted at the annual meeting of the Bulgarian media Coalition in Borovetz, near Sofia. The rules are considered to be the future Code of Ethics of the media in the country.
Bulgaria needs new Labour Code, deputy PM and social minister Lidia Shuleva said over the national radio. The current one looks like an old fashioned dress, repaired several times, but still unfit for a party, she added.
The issue of Bulgarian eurobonds will most probably be postponed until next year, Kaushik Rudra, director of Sovereign Strategy for Europe, Middle East and Africa at Lehman Brothers, says in an interview for the Free Europe Radio. Now is not the time for
The Socialist party and the post-election coalition between Simeon II movement and Movement for Rights and Freedom could come out with a joint nominee for the presidential elections. This is envisaged in one of the three variants offered at the yesterday`
Wages in the budget sphere will be increased by 10 %, if there are no overdrafts in the state treasury by October 10, Deputy PM and Minister of Labor Lidya Shouleva said. If the budget is well-calculated, we shall easily keep this promise, she added.
Secret Files Commission will check whether the ministers in the new government have files in the former state security service. Head of the Commission, Metodi Andreev, and his employees will dig into the past of 9 deputies who haven`t been investigated as
Minister of agriculture Mehmed Dikme stated it is unlikely that the state would compensate the financial losses from the drought. Farmers demanded an emergency situation to be announced in the Dobrich region due to the unprecedented drought.
The US Trade and Development Agency will extend $296,000 to an engineering US company to conduct a feasibility study on modernizing the production facilities of the Asarel Medet plant. The agreement was signed by US ambassador Miles and Asarel`s CEO Latch
`The future president-designate will need the support of the King`s party to win the presidential election`, Mira Yanova from the sociological agency MBMD told the national radio on Sunday. According to two researches the public rating of the King`s movem
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence
