Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgarian FinMin Bent on Privatization, Sacking
BULGARIAN FINMIN BENT ON PRIVATIZATION, SACKING
Date: 14/06/2011
Source: novinite.com
Bulgarian FinMin Bent on Privatization, Sacking

Bulgaria plans to put out four or five important companies for privatization, announced Minister of Finance Simeon Djankov.

"Any moment is a good one for privatization, for the state is not a good husband and owner," said Djankov for the Bulgarian National TV.

He confirmed that legislative amendments are under way in Parliament to allow the privatization of "four or five companies" which are up to now in the list of firms prohibited from privatizing.

Djankov clarified the money from the sales will not be used by the government, but will rather go to one of Bulgaria's retirement funds.

The Bulgarian Minister of Finance also said that he gave the director of the National Revenue Agency Krasimir Stefanov "one or two months" to improve control in his agency and to boost revenue.

During the last weeks, a major firing campaign has been taking place at the National Revenue Agency, with top managers and directors being sacked.

Regarding the controversial and unconfirmed plans of cabinet to raise the minimum wage and retirement pensions in Bulgaria, Djankov said the increases were something positive, but ought to be introduced only after extensive consultations with employers and trade unions.

He did not give a date the increases will be introduced, after on Saturday he had rejected prior information that would happen July 1.


Topic: Economy



Featured District
PLEVEN DISTRICT AND CITY INFORMATIONPleven
Invest Bulgaria Charts
Net Domestic Assets of Bulgaria
Net Domestic Assets of Bulgaria

Exports of Goods and Services of Bulgaria
Exports of Goods and Services of Bulgaria

See all charts
Did You Know?
Bulgarian Weddings
Bulgarian Weddings
In Bulgaria, wedding bands on worn on the right hand, not the left as in the West. ... More

The biggest city at the Bulgarian Black Sea coast, Varna is situated 470 km east of Sofia. In the course of more than 7 millennia, the Gulf of Varna has been the cradle of several significant civilizations - humankind's oldest gold was excavated in Varna, created by people who inhabited that place around the 4th millennium BC and long before the Thracians, Greeks, Bulgarians and Turks.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2021 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


Лимузини под наем Electric and Hybrid Modules Repair SEO оптимизация Bulgaria Translation Bulgarian Agriculture
Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members