System bug may thwart fast privatisation plans

BEH seen as launch vehicle of state's minority stake sell-off The obscurity about the mechanism to be used for sell-off of the state's residual stakes in companies may foil the operation in embryo. Options considered so far include listing companies directly on the Bulgarian Stock Exchange (BSE), organising public auctions through the BSE, and direct negotiations. However, a Pari daily's inquiry shows that none of them guarantees success and the state may fail to get the much-needed reve