The Bulgarian state is increasing its participation in the Bulgarian Development Bank - BDB. The capital increase is by EUR 350 million. The funds are given to the BDB for the implementation of support measures for small and medium-sized enterprises affected by the COVID-19 pandemic. The aim is to limit the risks of liquidity crises and to offer preventive support to businesses also by sharing risks with commercial banks in the country. The BDB will provide access to financing to support turnover and operations, will provide portfolio guarantees to banks, and they will provide more flexible conditions for business loans, over a specified period and under individual conditions based on each case, the Bulgarian cabinet has announced.
Bulgaria's Prime Minister Dimitar Glavchev will file a report with the National Security Agency and the prosecutor's office regarding the scandalous case with the private multispecialty hospital for active treatment "Mama and I", so that a full..
On May 2, 2024, the Governing Council of the European Central Bank adopted an opinion expressing a positive assessment of the draft Law on the introduction of the euro in the Republic of Bulgaria. The ECB has welcomed the aim of the draft law..
On May 5, the fifth unit of Bulgaria's only nuclear power plant at Kozloduy will be shut down for planned annual repairs and refueling with nuclear fuel. In accordance with the diversification program of the Kozloduy NPP, RWFA type cartridges..
For the first time Bulgaria has a specific deadline for joining the Organisation for Economic Co-operation and Development (OECD), caretaker Premier..
The synoptic situation becomes more complicated next day . There will be short and at times heavy rain showers in the western part of Bulgaria during the..
About 800 thousand Bulgarians migrate every year as seasonal workers. This was stated by Valentina Vasilyonova, President of the Federation of..
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