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BULGARIA-DISCUSS  May 2003

BULGARIA-DISCUSS May 2003

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Subject:

press digest

From:

Boyka Stoykova <[log in to unmask]>

Reply-To:

Bulgaria-discuss <[log in to unmask]>

Date:

Thu, 15 May 2003 11:19:25 +0100

Content-Type:

text/plain

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text/plain (10 lines)

SOFIA, May 15
       SEGA
       -- The World Bank will suspend a $150 million loan to Bulgaria if Sofia does not privatise tobacco monopoly Bulgartabak by end-year and does not reform its judiciary, said the bank's director for Bulgaria Andrew Vorkink.
       -- The government said it planned to pay Christmas pensions this year due to increased collection of social insurance contributions. -- The Foreign Investment Agency named Bank Austria, part of Germany's HVB Group , as an investor of the year 2002 for its acquisition of Bulgaria's Biochim Bank.
       DUMA
       -- Only Defence Minister Nikolai Svinarov would be authorised to allow state-owned arms plants to export arms as part of government's efforts to stem illegal sales abroad, ministry officials said.
       PARI
       -- The European Union would finance the planned construction of a pipeline carrying natural gas from the Caspian region and the Middle East to Austria via Turkey, Bulgaria, Romania and Hungary, the Energy Ministry in Sofia said.
       STANDART
       -- State tobacco firm Bulgartabak will resume cigarette exports to Russia under a recently signed agreement with Russia's cigarette distribution association, the daily said.

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