The management board of the Bulgarian National Bank took a decision to release more resource for the commercial banks and for easing of the supported by them obligatory minimal reserves in the safety vault of the central bank, informed Money.bg.The level of the obligatory minimal reserves of the banks remains at 12% of the deposits. However, changes were undertaken according to which as reserve assets of the commercial banks will be accepted 50% of their ready cash. още »

In November the famous coffee chain store from the USA Starbucks will open its first store in the Bulgarian capital - the company announced today. Starbucks Coffee Company will develop its business on Bulgarian territory in partnership with the Greek firm Marinopoulos Coffee Company. The operative activity in the stores will be executed by the subsidiary company Marinopoulos Coffee Company Bulgaria. още »

The European organization for nuclear research (CERN) and Varna municipality signed a memorandum for cooperation according to which a physics laboratory for innovation systems will be established in the observatory “Nikolay Kopernik” in the Bulgarian sea capital The agreement was signed by the chairman of the Varna municipal council Borislav Gutsanov and the CERN manager Maximillian Metzger in the laboratory of the organization at the border between France and Switzerland. още »

In 2009 the economic growth of Bulgaria will be 2% because of the global financial crisis. This is the forecast of experts from the Bulgarian commerce chamber, presented by its Chair Bojidar Danev at a press conference today.He pointed out that having in mind the deficit of purchasing power, currently observed in Europe, there is a chance that consumers from these countries will turn to cheaper commodities and services, offered by Bulgaria. още »

The fall of the foreign investment in Bulgaria since the beginning of the financial crisis is around 7-8%. This claimed the director of the Center for liberal strategies Georgi Ganev. The number for the last eight months is with around 1 billion euro less than for the eight months last year, claimed the macro economist. This however is before the data for the last eight months of 2008 to be revised but they according to Ganev are always revised much higher. още »

Nearly 35 000 EUR will be the initial price of a “Maybach” tank at the auction for sale of old tanks, which most probably will be held in Sofia. This announced sources from the commission appointed by the Bulgarian minister of defense to assess the tanks, informs Sliveninfo. The legendary German machines are preserved in a base of the defense ministry in Yambol. още »

KNSB blamed Konstantin Zhevago's firm "Vorskla Steel Bulgaria", in inability to perform its responsibilities on the "Kremikovtzi" contract. The firm is a supplier of the factory according to a concluded agreement.According to the syndicates, Zhevago's company supplied raw materials of extremely low quality.The information that it is being invested in "Kremikovtzi", that the factory is being loaded, that bills and salaries are being paid is a lie, the Chair of "Metalitzi" Federation Vassil Yanachkov is emphatic. още »

The 4th GSM operator will reduce the price of telephone calls to 9 stitnki per minute including VAT. The price of a SMS will be 12 stotinki including VAT and the price of a pre-paid package - 7.68 levs.Phone call prices will be the same for connections with all mobile operators in Bulgaria.In case they purchase the pre-paid package, the clients of "Petrol" will use a 2% discount of their account, within the network of the company, Marketing Director Svetodar Yosifov pointed out. още »

The start of the construction of the gas pipe Burgas - Alexandroupolis is postponed until October 2009, Public Works Minister Asen Gagauzov announced, cited by Expert.bg, according to information by Reuters. According to him, the deadline for the start of the exploitation of the pipe is shifted until 2011.Gagauzov declined to reveal the reasons for these changes, but specified that there are no financial difficulties because of the crisis. още »