September 4 (SeeNews) - Following are some of the main stories in Bulgarian newspapers on Friday morning. SeeNews has not verified these reports and cannot vouch for their accuracy.
PARI
- The net market value of the tangible assets of insolvent steel mill Kremikovtzi is estimated at 837.2 million levs as of September 1, less than half of the plant's outstanding debt of 1.9 billion levs, an auditor's report showed.
- An International Monetary Fund mission will start a 10-day visit to Bulgaria on September 10 to review the government's performance under the 2009 budget and the prospects for its fiscal policy in 2010, the IMF said.
- The output of new residential buildings rose 6.9% year-on-year in the second quarter of 2009 and was 24.1% higher on the quarter, data of statitistcs office NSI showed.
SEGA
- The global financial and economic crisis brought intercompany loans in Bulgaria surging 50% in the last one-two years to 160 billion levs at the moment, the deputy chairman of the Bulgarian Industrial Association, Kamen Kolev, said.
KLASA
- Bulgaria mulls cutting value-added tax by two percentage points to 18% in 2011, when its economy will start recovering, and by a further two percentage points to 16% by 2013, Finance Minister Simeon Dyankov said.
(1 euro = 1.95583 Bulgarian levs)