"Vorskla Steel Bulgaria" owned by the Ukrainian businessman Konstantin Zhevago started paying the debt of the metallurgical enterprise "Kremikovtzi". 3,5 million levs have been paid in the form of worker salaries for June.The company has started paying the financial obligations connected with the social compensations for food to more than 5000 workers, BNR (Bulgarian National Radio) announced. още »

The deficit on the current account for the period January-June 2008 amounts to EUR 3,785 billion, which is 11.5% of GDP. In the same period last year the deficit was EUR 2,885 billion or 10% of GDP, BNB (Bulgarian National Bank) data shows. A major factor for the increase of the deficit on the current account is the increased deficit on the trade balance by EUR 1,028 billion, BNB points out. още »

Until September 2008 the price of bread will not change, the Chair of the Association of Bread Producers in Bulgaria Georgi Popov announced. Popov assumed that after that prices may increase. The enormous competition in bread production also influences the standstill in the price of bread.Despite that bread producers are emphatic that bread will increase in price in pursuit of the average European bread price. още »

Inflation from January to July 2008 compared to the same period last year is 14.2%, the National Statistics Institute (NSI) announced. The index of consumer prices for July 2008 compared to June is 101.5%, while inflation is 1.5%, money.bg announced.The yearly inflation - July 2008-July 2007 - is 14,5%.The harmonized index of consumer prices for July compared to the previous month is 101. още »

Bulgaria's trade deficit for the first six months of this year amounts to 7.56 billion levs, the National statistics institute (NSI) announces. In this period Bulgaria's export amounts to 12.39 billion levs. It marks an increase of over 25% compared to the same period last year, when it was 9.88 billion levs.In the same time import amounts to more than 19. още »

The price of real estate at the Bulgarian seaside is lower compared to previous years, because demand is lower. This was announced by the real estate agency "Valen". The price of square meter farm land with the opportunity to change its statute in the Kranevo region is between 100 and 150 euro. In the Kavarna region well-off people can buy property at a price between 20 thousand and 40 thousand levs. още »

The new control tower of Sofia airport must be ready in 2010 or no later than 2011, the Director of RVD (Administration of Air Traffic) Emanuil Radev announced. On August 4 a jury of 15 members has chosen a project for the flight tower at an open anonymous competition. First place takes the project of "Arhitektonika studio" OOD which will receive the sum of 20,000 levs. още »

The Bulgarian-German Consortium “KG Maritime Shipping” bought 70% of the capital of the company “Navigation Maritime Bulgare”.The contract for privatization was signed by the director of the Privatization agency Todor Nikolov and Yavor Iliev – executive director of “KG Maritime Shipping”. The Bulgarian-German Consortium was the only candidate for privatization of 70% of the shipping company which was in compliance with all the competition criteria. още »

We are continuing to act according to the contract for supply of resources to "Kremikovtzi". We are glad from the court's decision to declare the factory insolvent and to appoint a syndic, chosen by us. These were the words of the Director of the Ukrainian company "Vorksla Steel" Viktor Demeniuk, cited by BGNES.He expressed his satisfaction from the date since which "Kremikovtzi" has been declared insolvent - December 31 2005 as well as from the fact that the current management can no longer control his assets and liabilities. още »