All articles - Page 8078

FITCH RATING AGENCY SAYS UPS RATINGS FOR BULGARIA

(Text, released by the rating agency) LONDON, Jan 14 - Fitch, the international rating agency, today upgraded the Republic of Bulgaria's Long-term foreign currency ratings to 'BB-' (BB minus) from 'B+'.

Views on BG | January 14, 2002, Monday // 00:00

BULGARIA READY TO PROVIDE ASSISTANCE TO AFGHANISTAN

Bulgaria is ready to provide assistance to Afghanistan, Defense Minister Nikolay Svinarov announced. He explained that a special document has been prepared to be presented at the International Conference on Reconstruction Assistance to Afghanistan that wi

Politics | January 14, 2002, Monday // 00:00

TURKISH PRIME MINISTER BULENT ECEVIT VISITS WASHINGTON THIS WEEK HOPIN...

Turkish Prime Minister Bulent Ecevit visits Washington this week hoping to dissuade President Bush from making Turkey's neighbor Iraq the next target of the "war on terror." Few doubt that Iraq will be top of the agenda when Ecevit, flying to Washington M

World | January 14, 2002, Monday // 00:00

A MID-SIZED CARGO PLANE CRASHED IN NORTHERN SPAIN EARLY ON MONDAY, KIL...

A mid-sized cargo plane crashed in northern Spain early on Monday, killing its three crew members, an executive of Ibertrans, the package-delivery company that operated the plane, told CNN. The Brazilian-made dual propeller Embraer 120 lost contact with t

World | January 14, 2002, Monday // 00:00

FLAG CARRIER’S LOSSES ARE MORE THAN BGN 57 M, PRELIMINARY DATA SHOW

Preliminary data show that the losses of the flag carrier Balkan for 2001 are over BGN 57 M, Balkan’s creditor Olga Milenkova announced. “ We are holding talks with Bulgarian banks for getting a loan amounting to USD 4 or 5 M, which will allow Balkan to l

Business | January 14, 2002, Monday // 00:00

DONKA PAPRIKOVA, KNOWN AS THE BULGARIAN “MOTHER TERESA,” BECAME HONORA...

Donka Paprikova, known as the Bulgarian “Mother Teresa,” became honorary citizen of Sofia, the Sofia city councilors agreed unanimously. Paprikova is founder of the first hospice in Bulgaria.

Politics | January 14, 2002, Monday // 00:00

CANIDIDATURES FOR SIX VACANT AMBASSADOR POSTS TO BE DISCUSSED

Candidatures for the six vacant ambassador posts and for those, whose mandates are to expire, are going to be discussed at two levels – at the Ministry of Foreign Affairs and at consultations among Prime Minister Saxe-Coburg, President Petur Stoyanov and

Politics | January 14, 2002, Monday // 00:00

A NEW RADIO RADIO NET 33 STARTED TO BROADCAST ITS 24-HOUR YOUTH-ORIENT...

A new radio Radio Net 33 started to broadcast its 24-hour youth-oriented programme on January 13. The offices of the radio, whose motto is "I want to tell you something", are located in downtown Sofia.

Politics | January 14, 2002, Monday // 00:00

SOFIA COUNCILLORS, MEMBERS OF NEW PARTY “RADICALS” WILL FORM NEW GROUP

The Sofia city councillors from the United Democratic Forces who are members from the Bulgarian democratic union “Radicals,” headed by expelled from the Union of Democratic Forces Evgeny Bakurdzhiev intend to form a new group within the Sofia Municipality

Politics | January 14, 2002, Monday // 00:00

NEW STABILITY PACT COORDINATOR TO BE AWARDED HONORARY BG MEDAL

Erhard Busek, the new Stability Pact Special Coordinator for South-Eastern Europe arrives in Bulgaria to receive the first class honorary medal `Stara Planina.` President Stoyanov will award Busek with the medal on January 15 for his merits as coordinator

Politics | January 14, 2002, Monday // 00:00

WORLD FAMOUS SINGER VALYA BALKANSKA MARKED HER 60TH ANNIVERSARY

Bulgarian famous singer Valya Balkanska celebreted her 60th anniversary. The glamorous career of the talented Balkanska, born in the Rhodopes mountains, began with the song “Izlel e Delyu Haidutin.

Society | January 14, 2002, Monday // 00:00

BRITISH PRIME MINISTER TONY BLAIR HELD TELEPHONE TALKS WITH SOUTH AFRI...

British Prime Minister Tony Blair held telephone talks with South African President Thabo Mbeki on the deepening political and economic crisis in Zimbabwe, officials said on Sunday. Leaders of the 14-member Southern African Development Community (SADC) bl

World | January 14, 2002, Monday // 00:00

DEUTSCHEBANK TO TABLE TELECOM’S STRATEGY IN PRIVATIZATION AGENCY TODAY

The consultant Deutsche bank will table the privatization strategy for the sale of the Bulgarian Telecommunications Company (BTC) in the Privatization Agency today, the Bulgarian National radio reported. The document envisages the privatization procedure

Business | January 14, 2002, Monday // 00:00

AL QAEDA MILITANTS PRACTICED CARRYING OUT A MASS ASSASSINATION OF WORL...

Al Qaeda militants practiced carrying out a mass assassination of world leaders and an attack on a motorcade, according to a video obtained in Afghanistan and broadcast on Australian television. The Australian Broadcasting Corp.

World | January 14, 2002, Monday // 00:00

THE INDIAN MILITARY IS REPORTING A NEW MILITANT ATTACK IN KASHMIR, DES...

The Indian military is reporting a new militant attack in Kashmir, despite Islamabad's new pledge to root out terrorism. Two suspected militants were shot to death after they allegedly tried to attack a paramilitary camp in Srinigar Sunday.

World | January 14, 2002, Monday // 00:00

THE BULGARIAN STATE RAILWAYS COMPANY PLANS TO RAISE PASSENGER FEES IN ...

The Bulgarian state railways company plans to raise passenger fees in the second half of 2002 to compensate for the inflation and meet a World Bank requirement to reduce losses, Dnevnik Daily wrote.

Politics | January 14, 2002, Monday // 00:00

ORGACHIM PRIVATE DYE AND VARNISH PRODUCER WILL HOLD TALKS WITH THE FIN...

Orgachim private dye and varnish producer will hold talks with the Finance Ministry to find ways to repay debt on bad-debt domestic governmental bonds, or ZUNKs, in order to reduce the company’s losses, Valeri Petrov, the plant’s Executive Director said.

Politics | January 14, 2002, Monday // 00:00

SOFIA MAYOR WILL APPEAL EURO BOND ISSUE BREACH ACCUSATIONS

Sofia mayor will appeal Euro bond issue breach accusations "I'll appeal to the Prosecutor’s Office against the accusations of criminal breach of trust on the Sofia Municipality Euro bond issue," Sofia Mayor Stefan Sofianski said. He will also appeal to t

Politics | January 14, 2002, Monday // 00:00

AGREEMENT ON LIBERALIZED FISH TRADE WITH EU SIGNED

Bulgaria and the European Union agreed to liberalize fully their trade in fish and fish products, the Agriculture Ministry announced in a special statement. According to the agreement, which is part of the Bulgarian negotiations to join EU, trade in carp,

Business | January 14, 2002, Monday // 00:00

CREDITORS OF VARNA SHIPYARD DEMAND DISCUSSION OF SHIPYARD’S EVALUATION

Two creditors of the Varna shipyard rejected the evaluation of the shipyard’s long-term assets prepared by the consulting company PriceWaterhouse Coopers (PWC) as too high. These two creditors demanded from the Varna Regional Court to convene a shareholde

Business | January 14, 2002, Monday // 00:00

FIRST INVESTMENT BANK RECEIVED USD 13 M LOAN TO BACK TRADE FINANCING

A Deutsche bank-led consortium extended a USD 13 M loan to the Bulgarian private bank First Investment Bank (FIB). The loan is to be used to back up short-term export and import financing of FIB clients, Executive Director Maya Georgieva said, quoted by D

Business | January 14, 2002, Monday // 00:00
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