`We are in position to fight corruption everywhere in the country`, Deputy PM Peter Zhotev declared in Blagoevgrad, SW Bulgaria. He said the government realizes how deep is the problem among civil servants and will take measures to fight against it.
Massive raids of tax authorites were provided during the weekend in hundreds of markets in Bulgaria. Many street traders were fined, others received notice to be sued for selling goods with no documents, especially invoices and papers of origin.
BG PM Ivan Kostov will not meet US President Bush during his week long visit to US. Kostov left today on a visit to the US invited by VP Richard Cheney.
King Simeon met US ambassador to Sofia Richard Miles, officials reported. This is part of several meetings with ambassadors to Sofia, during which the King is trying to explain his strategy in the forthcoming elections.
The initial barrier for VAT registration of the greenfield investros in Bulgaria will be much lower starting 2002, N. Georgiev, Deputy finance minitser said.
One of the best Black sea resorts, located at Primorsko, South Bulgaria will be announced for sell soon, Deputy PM Peter Zhotev said today. The set includes the former international youth centre with 100 hektars, 3 big hotels and tens other smaller.
Steve Hanke, US expert and adviser of the BG President Stoyanov, accused King Simeon of populism and of use of cheap pre elections promises. Living in exile the King came back to the country a month ago and will run for the elections with his political f
Mobikom, the NMT mobile operator in Bulgaria decided to stop the ad campaign in the most popular TV talk show in the country, transmitted daily in the largest private bTV. The state has 51% in Mobikom and the CEO John Munnery said there was a political pr
King`s party was allowed today to run for the forthcoming general elections in June. The State Election Commission decided to publish the decision of the court, announcing the registration of the National Movement Simeon II.
The foreign trade turnover of BG will increase by more than 15% in the first months of the year compared to the same period last year, Deputy Minister of Economy Hristo Mihailovski said. The increase of trade will generate rise of production.
The EU Bank for Reconstruction and Development intends to increase the financing of projects in BG due to the optimistic forecasts for development of business in the country. `We are hopeful about Bulgaria.
Yordan Sokolov, Parliament Speaker, and USAID representatives signed a project for renovation of the IT systems used in BG Parliament. Projects have been discussed for building of an automated system for verifying the compliance of new bills with the eff
According to the report of the Foreign Investments Agency the amount of foreign investments in tourism will exceed $50 M in Y 2001. The report was promulgated yesterday at the forum `Tourism - the Profitable Investments`.
BG will provide the Georgian armed forces with 2 aircrafts that can carry up to 200 troops each and will train Georgian officers under a programme for cooperation signed in Tbilisi. During his visit to Tbilisi General Miho Mihov, Chief of the BG General S
Bulgarian parliament was desolved today officially, heading the forthcoming elections June 17. The term is 4 years, starting the date of previous elections, Constitutional court stated recently.
Radisson SAS Grand Hotel opened in the heart of Sofia by the corporate president and CEO Kurt Ritter and mayor of Sofia Stefan Sofianski. The perfect location of the hotel - in the center of the town makes it a perfect meeting point for the local communit
Bulgarian export should increase rapidly, US ambassador to Bulgaria Richard Miles said at the opening of a conference on competitiveness of the Bulgarian economy, organised by the US Agency for International Development. The state usually fails to point o
Italian bank UNICREDITO was annnounced today the investor of 2000 in Bulgaria. UNICREDITO aquired largest BG bank Bulbank for the amount of USD 301.
Very much unemployed young people, strong region differentiation and high percent /around 50%/ of people who are unemployed for more than a year – these are some of the typical employment features in Bulgaria which makes us close with developed countries
OMV Austria intends to acquire a 15% share of the BG oil market. Since 1998, when OMV Ltd.
BG will complete successfully the three-year agreement with IMF and will receive the last tranche of $60-70 M in May. There are no obstacles for BG to receive the last tranche, Johannes Wijnholds, IMF executive director for the Dutch Group and Bulgaria sa
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