13 June 2009 Europe

BULGARIA'S BDZ ALMOST BANKRUPTED

Transport Minister Petar Mutafchiev has announced that the government of Bulgaria is to return immediately part of the tax credit it owes to Bulgarski Durzhavni Zheleznitzi (BDZ - the state railway) to save it from bankruptcy. BDZ has an immediate liability of 13.5 million for loan repayments to la

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