NLB backs gains in Ljubljana stock market indices
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BREF, Doverie push lower Bulgarian stock indices
Nov 17, 2009 15:31 EEST
November 17 (SeeNews) - Following are some of the main stories in Bulgarian newspapers on Tuesday. SeeNews has not verified these reports and cannot vouch for their accuracy.
- Bulgaria's draft budget for 2010 aims to raise the excise on electricity for business use to 2.0 levs per megawatthour (MWh) from the current rate of 1.4 levs, citing commitments stemming from the country's European Union accession treaty as well as the government's overall drive to increase excise levies.
- Banks in Bulgaria have started to cut mortgage interest rates. UniCredit Bulbank has become the third local bank to announce such a move. United Bulgarian Bank (UBB) is expected to follow suit, UBB CEO Stiliyan Vatev said. MKB Unionbank and Eurobank EFG have already lowered their mortgage rates.
- Bulgaria’s four international airports - Sofia, Varna, Plovdiv and Burgas, are ready to function as external aerial boders of the Schengen zone, the country’s Transport Minister Aleksander Tsvetkov said. Experts from the European Commission will inspect the airports later this week. Bulgaria is invited to join the Schengen zone in March 2011.
- The European Union will provide an additional 75 million euro in compensation to Bulgaria for agreeing to close down four of the units of its Kozloduy nuclear power plant to address EU's safety concerns. The sum is already allocated under of bloc’s 2010 budget and is part of decommissioning aid worth 300 million euro that the European Commission will provide to Bulgaria through 2013. Bulgaria has already received 550 million euro in decommissioning aid.
- Shares of state-owned energy megastructure Bulgarian Energy Holding or of its subsidiaries will be offered on the Bulgarian Stock Exchange in late 2010 at the earliest, Deputy Economy Minister Maya Hristova said.
(1 euro = 1.95583 levs)
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