Press Review
Mayor pays medicines to grandparents
C. Telegraph
The mayor of the village of Belogradchik Stakevtsy heard Vasco paid 1 / 3 of his salary – 150 Euro, to provide nearly 180 – inhabitants of the village at least basic medical care.
Amount of 50 euro will go towards salary for a nurse with the other 100 leva chest is loaded with the most necessary in an emergency. Have purchased equipment for measuring blood pressure and blood sugar. Nurse Vesselinova Theodora was born in the village and although currently living in Vidin, always responds in Stakevtsy if needed.
1 / 5 of small hotels in Sofia closed doors
c. Now
Accommodation in the capital have decreased by at least 20 percent from last year
Nearly 1 / 5 of small hotels in the capital with a category of one to three stars are likely to close by year’s end, predicted yesterday by the municipal company „Tourist Service“. In their data until the end of September, 47 small hotels and motels with a total of 635 beds have applied for suspension of operations. By the end of the year their number will probably reach 59. At present the company are 297 registered sites with over 10 thousand beds, and in this figure are apartments and accommodation for guests. According to experts from the municipal company hotels stopped work this year will be double compared to last. Currently, urban tourism is heavily affected by the crisis because many companies reduce costs for missions in other cities and abroad. „Compared to the same period last year to Sofia as a decrease in overnight stays by 20 percent,“ said Vitan Ivanov, chairman of the Metropolitan Council on Tourism.
FairPlay Properties reports profits
c. Banker
Companies with special investment purpose FairPlay Properties has completed nine months to 1.479 million net profit, the report shows it to September 30. The Fund has realized 22.9 million sales revenue, of which 75% or EUR 17.1, resulting from the sale of 81 apartments of the complex Santa Marina and St. Ivan Rilski „. The rest of revenue comes from rentals and operation of investment properties and the formation of a right to build. By the end of the year is expected to be realized EUR 4.3 million more revenue from already concluded, but closed contracts for the sale of apartments, whose number at the end of September, twenty-two. Since the beginning of 2009-and the company has entered into new contracts for the sale of 126 apartments with 9856 sq m total built up area of 26.8 million worth.
Placed 62 companies on the stock exchange
Trud
The Privatization Agency will offer shares of 62 companies selling 22nd centralized public auction, which will be held on the Bulgarian Stock Exchange. Under the authority will launch a tender for the sale packages from companies such as Duty Free Zone – Burgas „Duty Free Zone – Plovdiv, Balkancar Ruen, Kaliakra Hotels“ and others.
Loans to large
Capital
The crisis turned into project financing, but still have transactions
Do you know what is common between the construction of Mall of Sofia, building a new power plant in Maritsa East and making the plant capital Electronics in residential and business park? All these endeavors have been or will be implemented through the so-called. project financing. (see box)
Investors in most of these projects had a chance to start their projects during the economic boom and a greater willingness to cooperate on the part of banks. But now the global crisis reordered picture of the sector and already things are far from easy. In search of greater liquidity shrugged their bank loans. Investors themselves in turn delayed many projects in anticipation of better times. For example Gikov Martin, who is chief of real estate financing in UniCredit Bulbank declining proposed for funding by over 50% compared with the period before the crisis.
Belene NPP logs again
c. Novinar
Black PR campaign and derail the refusal of a second nuclear RWE. Waiting on the restructuring of investment interest. Meanwhile, the state loses millions in penalties every month
Prime Minister Simeon Diankov argues that there are two potential investors for a second nuclear. Of course, that to ask him, will not say who they are. Because it can be sure that indeed found two investors only when he received their letters of intent. Such no. For now.
Diankov Minister announced the good news, when finally it turned out that RWE withdrew from the project. So do. To an outside observer would have thought that the government is actually a war against the construction of a second nuclear has a deeper context of the official motives for the attack. As such, it does not want pro-European GERB Russian investments in Bulgaria. Or at least not only wants Russian investment.
Allusions to „French assistance in relation to the construction of a second nuclear came from Borisov-Sarkozy meeting. French president pledges support for European funding. Ibid, in Paris, it turned out that the Belene NPP must become a truly European project. Which can be read as imposing restrictions on Russian investment in Belene. For now the project and it was true, and European. So it was not clear who exactly was behind the attack on the PR active one, in fact beneficial for Bulgaria project.
Prokopiev enter the banking business
c. 24 hours
Austrians provide money
It is expected that soon the emergence of a new bank in the country with majority Austrian participation. Documents license is issued „Phi-nansia Group in the Austrian National Bank and the regulatory body, announced by the company. It was created late last year as a strategic partnership between Alfa Finance Holding, whose chairman and saaktsioner is Ivo Prokopiev, and Austrian HYPO Investmentbank AG.
PROJECTED WORLD BANK: Wait for us POVERTY AND UNEMPLOYMENT
Telegraph newspaper
Declining incomes, rising unemployment and a huge debt. With these words, the World Bank describes the situation of the countries of Eastern Europe and Central Asia.
According to the report households in these regions are most at risk of insolvency and the emerging new wave of poverty, Darik radio announced.
Previous
Formerly booming economies in Eastern Europe and Central Asia are experiencing negative growth in 2009, According to World Bank growth fell from 7.6 percent in 2007 to 4.7% in 2008-and reached a negative growth of 5.6% in 2009 on
„Many households can not pay their loans. Our studies, whether they can withstand shocks such as unemployment, low incomes, higher interest and depreciation of currencies show that most households are below the acceptable level of solvency, said the chief economist for the region Indermit Jill.
15% of energy companies on the stock exchange in combat recession
c. Monitor
As part of the energy holding the Kozloduy NPP also falls in the list of state companies, part of the leaves of which the stock is under consideration by Cabinet as anti-crisis measure. The state energy companies be transformed into public companies and 15 percent of them to be offered on the exchange. In addition to the Kozloduy nuclear power plant that applies for NEC, Bulgargas Bulgartransgaz „Maritsa East“ and „TPP Maritsa East 2.
„The measure is more of a positive and significant sign of investor willingness to assist the Government to develop and promote the capital market and hence the economy as a whole, says Ivan Takev, CEO of BSE, quoted by the Investor. Bg .