All articles - Page 7737

`BAD CREDITS` GIVERS NOT TO BE IMPRISONNED

The parliament approved the amendment to the Criminal Code according to which those officials who granted `bad credits` will be imprisoned from one to ten years. 115 MPs voted in favor of the amendment.

Politics | October 11, 2001, Thursday // 00:00

FORMER AGRICULTURE MINISTER INVESTIGATED

The Regional Governor of Pleven Nikolay Marinov required the chief prosecution to investigate two deals, signed by the former agriculture minister Ventsislav Varbanov. Marinov said that there were obvious indications of corruption in the deals.

Business | October 11, 2001, Thursday // 00:00

GERMAN COMPANIES MAY INVEST IN POWER STATION

Representatives of the German companies RWE and Stadtwerke expressed interest in the completion of the construction of the Haskovo thermal power station /TPP/ and the urban central heating piping network. The project was frozen years ago.

Business | October 11, 2001, Thursday // 00:00

HOTEL RESERVATIONS LESS AFTER THE US ATTACK

Tourist agencies and hotels that participate in the first Tourism 2001 Fair in Sofia complained of a reservations decrease after the start of the war in Afghanistan. `Some of the tourists cancelled their holidays because of flight security reasons, `the B

Business | October 11, 2001, Thursday // 00:00

ECONOMIC PROGRAM TO BE DISCUSSED IN PUBLIC

Deputy Prime Minister and Economy Minister Nikolay Vassilev said that the basic points of the Government`s economic program were ready in August and that at the moment the Ministers work on concrete timeframes. The fact that the program has not yet been a

Business | October 11, 2001, Thursday // 00:00

PURVANOV INVITED STOYANOV FOR PRE ELECTION DEBATES

The presidential candidate of `Coalition For Bulgaria`Georgi Purvanov invited incumbent President Petur Stoyanov, who is running for re-election as an independent candidate, to a debate on National Television or in Sofia`s National Palace of Culture befor

Politics | October 11, 2001, Thursday // 00:00

CINEMA AND TV ASSOCIATION MEMBERS MEET IN BULGARIA

`The International Association of Cinema and Television Schools (CILECT) will meet in Bulgaria for the first time in its 46-year history,` Prof. Stanislav Semerdjiev, member of CILECT`s Executive Council and Vice Rector for International Relations of the

Society | October 11, 2001, Thursday // 00:00

PROCEDURE FOR BIOCHIM`S PRIVATIZATION LAUNCHED

The Bank Consolidation Company (BCC) formally launched a marketing campaign for the privatization of Commercial Bank Biochim Plc, according to a September 27 decision of the Board of Directors. The bank will be privatized through a sealed-bids auction.

Business | October 11, 2001, Thursday // 00:00

FINANCE MINISTER MET IMF EXECUTIVE DIRECTOR

Bulgarian Finance Minister Milen Velchev, who is at a working visit to US, talked on October 9 with International Monetary Fund (IMF) Executive Director Johannes de Beaufort Wijnholds. Wijnholds is also Head of the Dutch Constituency Group.

Politics | October 11, 2001, Thursday // 00:00

FOREIGN COMPANY MAY RUN THE INSURANCE INSTITUTE

The Bulgarian Government considers the possibility of an international company to run the state-owned insurer State Insurance Institute for one year. It might buy the Institute after accumulating enough funds.

Business | October 11, 2001, Thursday // 00:00

PRIVATE INVESTORS MAY BUILD NEW NUCLEAR UNIT

`The Government is not able to take the risk for a new nuclear power unit, but if investors are interested, they will have the chance to materialize their projects,` Milko Kovachev, Chair of the State Energy Efficiency Agency said at a seminar, organized

Business | October 11, 2001, Thursday // 00:00

EX DEPUTY PM IS THE NEW HEALTH FUND BOSS

The National Insurance Health Fund Director Dr Boyko Penkov resigned on October 10 He said that he resigned because of political pressure and disagreement with the decision making process in the healthcare sector. Dr Nikola Vassilev was appointed acting D

Business | October 11, 2001, Thursday // 00:00

SALES CONTRACT PROVIDES 1 000 JOBS AT ARKUS

A sales contract for USD 20 M will provide 1,000 jobs at Lyaskovets-based Arkus AD. Mainly workers made redundant a year and a half ago will be hired for the execution of the contract.

Business | October 11, 2001, Thursday // 00:00

MASSIVE LAY OFFS AT THE TRANSPORT MINISTRY

`On October 5 all heads of directorates at the Ministry of Transport and Communications were offered to resign, yet we will consider the performance of all 15 directors and some of them may preserve their jobs,` Zdravko Velichkov, Deputy Transport Ministe

Politics | October 11, 2001, Thursday // 00:00

BTC WITH BGN 1 BLN REVENUES FOR 2001

`The Bulgarian Telecommunications Company /BTC/ expects BGN 1 bln revenues for 2001,` the company`s CEO, Ivan Spasov, said in Varna. `In order to remain competitive after the revocation of its monopoly after January 1, 2003, BTC will draw up an ambitious

Business | October 11, 2001, Thursday // 00:00

ZUCCHERO TO PERFORM IN BULGARIA

Popular Italian musician Zucchero is to guest in Bulgaria on October 22. The singer whose original name is Sugar Fornicciary will take part in the `Show of Slavi` but is not going to hold a concert in Bulgaria.

Society | October 11, 2001, Thursday // 00:00

MILITARY PILOT SHOOTS IN BURGAS

Military pilot Oleg Yordanov, Flying Control Officer at air-base Besmer, was detained by the police after shooting in front of the Burgas Customs House entrance. The accident took place at 5.

Politics | October 11, 2001, Thursday // 00:00

SECOND GSM GLOBUL EXPANDS COVERAGE

Globul already has coverage in Stara Zagora, Nova Zagora, Pernik and Blagoevgrad, the company said. Thus the second GSM operator already covers more than 28% of the population of the country, which the percent expected to reach 40% by the end of this year

Business | October 11, 2001, Thursday // 00:00

NO BUYER FOR BUSINESS BANK

No buyer turned up at the tender of Business Bank, the trustee of the bankrupt institution, Ivan Panchev said. The start price for the public sale of property and property rights was set at BGN 10,042,914.

Business | October 11, 2001, Thursday // 00:00

SEPTEMBER INFLATION 1.3 PER CENT

Inflation in September was 1.3%, data of the National Statistics Institute show.

Business | October 11, 2001, Thursday // 00:00

BULGARIAN ECONOMY IN 2001

January-August 2001 industrial sales rose 3.6 per cent on the year-ago period, the National Statistical Institute (NSI) said.

Views on BG | October 11, 2001, Thursday // 00:00
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