Finance

Compensation accounts opened yesterday 23.00 percent of face value, declined slightly in the 22.95 per cent in the session and closed at 23.00% in total sh70000 units traded, according to fanantse. neshs. BG. Roll compensation vouchers revealed surprisingly 22.50% due to willingness of dealers to sell more cheaply, but the market reaction, which is not a "joke" and trade remained in the range of 23:00 to 11:11 pm% of nominal. Gradual decline in prices on the BSE compensation instruments led to the fixing of a new equilibrium level of 23% of nominal compared to the 2h% up to a month.

Prior to the meeting at the ministerial level, the Minister of Justice Anton Stankov said he would urge the Minister of Finance on the issuance of 2 million to equip the judicial police. Toy has announced that funding is only a problem for this police protection from sadilishtata. Until we have grants, which concerns the work ch00 staff that will be distributed to 30 regional centers, ie, they are insufficient, Minister of Justice.

The National Assembly elected the Audit Committee Annual Report of the Accounting Chamber for 2002. As its president, was selected SNM R. Georgieva, and for members - Ant Radev UDP, Mikov left, Hussein Chaush DPS and Dimitar Stefanov tion. Komisiyata must report must be submitted to Parliament in late June with a report on the trial.

The dollar fell 1% against the euro and Swiss franc, and the volume of trade on Friday as evrovalutata managed to rise to its highest level since the war against the U.S. dollar. The pressure on the U.S. currency has increased pessimism about the war in Iraq and the war is expected to last longer than before forecasting. Eurotas rose by 1.09 dollar, as a possible target for the single currency will be 1.10 dollars level than before the outbreak of hostilities in Iraq. For two weeks the single currency rose nearly 3 cents against the dollar. Euro is expected to continue upward trend and are trying to break the U.S. $ 1. 10 level of trading volume on March 11. Swiss franc against the dollar also fell below the 1.3 m Swiss franc.

Sunday - March 31, U. S. Trade dollar reached its lowest level in more than two weeks since - 1.0932 EUR / DAQ, said Finances. neshs. BG. Dolarat was under pressure from weak data on the economy and the continuing uncertainty about the war in Iraq. Business Activity Index Chicago PMI fell sharply below 50 points, marking the growth in the sector - ch8, h point to 5h, 9 points in February. The data were well below expectations (about 50.5 points) and increased fears that the longer the war in Iraq could seriously harm the economy. U.S. stock markets also registered a sharp decline, as major stock indexes fell, respectively, NASDA / -2.08% / DYIA / -1.89% /.

Finance Minister Milen Velchev met with the Director for Central and Eastern Europe, Middle East and Africa, the privatization of the firm DSK Bank, dn Morgan, BNR report. Before the week will be signed by a consulting contract with intermediaries and will continue to develop the information memorandum. Potvardeno said that the interest in PRS, mostly from France, Belgium and Hungary Bank. Minister Velchev predicted that by the end of the year will be adopted by the so-called. indicative non-binding proposal from candidates buyers, Darik Radio reported. Until the end of November will reassess the property of the bank, which is expected to account for storage Extraordinary income of more than 30 million.

According to several independent sources of community bankers, Dimitar Tadarukov will be a new member of the supervisory board of the bank's promotion. Pripomnyame that this is the last state-owned bank, if it is not considered a DSC. Bulgarleasing boss and her husband, journalist Svetoslav Staev Tadarakova replace Dimitar Dimitrov - the former Deputy Governor of the Bank. Open conflict between secrecy D. Dimitrov and present members of the supervisory board. However, it is believed that close to the Tadarakov Dogan, and thus the leader of the DSS and the bank receives, something that has long been needed and wanted. In addition, most payments for past tobacco fund and will continue to pass through the promotion of the bank.

The meeting of finance ministers of candidate countries for accession to the European Union (T-13) held in Brussels today, over a joint statement to all participants. The formal meeting was organized by the Bulgarian Finance Minister Milen Velchev. In it discussed two key issues - a strategy for implementation of structural and cohesion funds and training to participate in the coordination of economic policies sayuz. By decision of the finance ministers G - 13 on the same day a joint statement was presented at a meeting of finance ministers of EU member states (EYOFIN) of the Finance Minister Milen Velchev.

Nearly 97 percent of homes in Bulgaria are private, that has the potential for the development of mortgage bonds. He said Finance Minister Milen Velchev at the opening of "secondary market for mortgage bonds in South-Eastern Europe." According to him, only two years after the adoption of the law on mortgage bonds in Bulgaria Bulgaria became a center for the exchange of information and contacts on this issue throughout the region. On the other hand, the entry of the largest reputable European banks after privatizatszhiyata banking sector is an added incentive for the development of mortgage market analysis of the bond. Spored Velchev commercial banks shows that the number of so-called bad loans has been steadily declining due to the cost of credit is gradually reduced.

Michael Black, an interview with Radio NetVapr. - Mr. Black, you know, for the amendment of our law on privatization, under which foreigners are expelled from the country will not be allowed to privatization. This amendment to the country known as the "anti-Black. We - you know, what is not interesting. Bulgaria is no longer interesting to me. Because corruption thrives in you and making money hand disrespect for the institutions, the absence of the law. Therefore, I do not I wonder what is happening in Sega. Vaprio Bulgaria. - this is your final decision, it will not participate in the privatization in this country are we? - Yes, it's when I finally finished all the institutions and the changes will think if you invite me likely to return. But now I do not want to think about it and do not want to know anything. absolutely clear that I am now going Balgar. Vaprio. -? So you're really not interested in the privatization of WE - No, now I'm not interested in the privatization of any companies in Balgar.