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.
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.
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.
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
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
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
`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
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.
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.
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.
`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
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
`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
`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
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
50% more Chinese Tourists in Bulgaria
Potentially Defective Aluminum was used by All Car Manufacturers in Japan