Finance

At the invitation of Minister of Health Slavcho Bogoev will be a meeting of the Ministry of Health and the Council of the National Association of Municipalities in Bulgaria. The discussion will be problems with the financing of hospital care in the 200ch Godin. Sreshtata will be held at the Ministry of Health.

The Council of Ministers of Finance Minister Milen Velchev and the head of the IMF mission for Bulgaria, Gerald Schiff will give a joint press conference. It will summarize the final review of the two-year agreement with the foundation of the country.

Under the chairmanship of the Deputy Prime Minister Plamen Panayotov will hold a meeting of the Council on European Integration, which will be discussed • priority areas for funding under the PHARE 200ch - 200sh, and issues related to the action plan for the strategy to accelerate negotiations on the accession of Bulgaria to the EU. • • You will discuss the main objectives of the establishment by the Commission's progress report on the progress of Bulgaria. •

Parliament began the first reading amendments to the Income oblagane. The bill proposes to cut income taxes from 23.5 to 19.5 percent. President of the Budget Committee, Nina Radeva said the parliamentary rostrum that the proposed reduction of the tax more progressive changes. This will ensure economic growth and increased investment, the money will be released to stay in business and will be an additional incentive for Bulgarian companies told thee. Litsenziranite companies with special investment purpose of the corporation will be taxed and the tax burden will be transferred to investors, legislators voted. New category - fixed assets subject to amortization.

There will be 13 the budget for staff salaries. This was stated by President of the Confederation of Sliven Dr. Zhelyazko Hristov, citing information from the institutional Ministry of Finance. By paying 13 salaries, • was supposed to have built a working group started work on a salary. • To date, no working group decided to create it, said Dr. Christopher. According to him the truth about the payment of Christmas in the commitment to zero deficit, which took over the Finance Minister Milen Velchev International Monetary Fund. Philosophy, politics and the election program of the Government of genetically confused, said union leader. Toy predicted that after the assessment of excise duty on petrol and cigarettes in the next year, the actual cost per person will be 350 leva.

Today will be officially closed a deal for the sale of DSK Bank, Hungarian OTP Bank in the amount of 311 million euros. It will be a ceremony in Plovdiv, which will be attended by Finance Minister Milen Velchev, executive director of OTP Bank Sandor Chaney, BNB Governor Svetoslav Gavriiski, executive director of the Bank Consolidation Company Cordoba Nelly and ministers. The transaction is 100% stake in DSK Bank. The final deal for DSK Bank was made possible after the response has been received from the Commission for Protection of Competition that no violation of antitrust laws in the transaction. Later, Hungarian and Bulgarian Banking Supervision announced that it will prevent the transaction to take place. The contract for the purchase was signed on 20 May this year. He said 10% of the agreed 311 million was allocated to the trust account. The remaining amount of 279 million should be transferred after the completion of the transaction to get all the evidence, and then the Central Depository for registration of transfer of shares. This method of sale is unique for the Bulgarian banking practice, as is done for the first time. The deal puts an end to privatization and the banks in the country.

Standing Committee on Protection of the population to natural disasters and catastrophes allocate EUR 2988299 for compensation for damage caused by natural disasters declared by the Government Information Service. At a meeting headed by the Minister Filiz Hyusmenova was adopted for data and information held in late September national doctrine "Protection 2003". Commission data show that the heavy rain to keep its place on the factor with greatest impact on the normal rhythm of life. Since last month, received 205 requests for special facilities, 117 of them to overcome the damage caused by intense rainfall, storms and floods.

Finance Minister Milen Velchev provided an additional 1.5 million euro target Varna municipality to complete the construction project of "domestic waste water in Vinnitsa - Varna. This press center of the Ministry of Finance. Allocated 1.5 million leva will be invested in priority to complete the waste water passing near" House of Mother and Child "in the area. Builds an object of great importance for the municipality of Varna. Bit remains a major unsolved problem not only for Vinica, but also for the entire city and surrounding resorts. In allocating these funds, the broader health, economic, social and environmental problem area. will be significantly reduced and the risk of landslides in the area.

Finance Minister Milen Velchev, Deputy Finance Minister Krassimir Katev and Deputy Defense Minister Ali Nejm met with the director of international business of American corporations Reyten John Milarite. Tov is one of the largest companies in the U.S. with an annual turnover of U.S. $ 18 billion and approximately 80,000 employees, according to the Ministry of Finance. Korporatsiyata specializes in the manufacture of military electronics, radar, space technology, aircraft and others. The company participated twice in the Plovdiv Fair. John Miller, the company expressed its willingness to invest in Bulgaria, the principle of "bias", ie, if the country to purchase equipment for a given value of the corporation, he will make an investment or other similar services in the country for the same stoynost said. Kompaniyata interest is also involved in the equipment of any U.S. bases in Bulgaria.

233 900 leva were approved by the Council of Ministers for Regional Development funds for the four winter maintenance of roads in the area of ​​Varna. Distribution of two tranches - the first is scheduled for the next two weeks. The second will be made in spending money on the first, announced today +. In a workshop on winter training was attended by representatives of civil defense, local experts, the regional management of roads, traffic police, water, electricity, emergency pomosht. Sredstvata be distributed to municipalities. For Aksakovo 38 sh00 19 000 leva for the Optima leva to 3300 leva for white Beloslav BGN 7700 to BGN 19 300 17 100 Varna Vetrino for up to 20 700 leva per dollar wolf Devnya 7500 leva for Lower Homestead 2w 500 leva for the BGN 35 800 22 900 Dulgopol in BGN and Provadia Suvorovo 15 500. For the first tranche of the total - SH5 ch00 1sh8 500 leva for the second lv. Informatsiyata for roads, electricity and water in the district of Varna will be collected municipal debt committees to protect the people in the disaster and will be broadcast on the responsibility of security in the district administration twice a day when the decision at the meeting for winter training.