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.
On 25 January 1935, Tsar Boris III signed the decree establishing the Bulgarian National Radio. The document, which officially marked the beginning of "Radio Sofia", as the Bulgarian National Radio (BNR) was then called, made radio broadcasting in Bulgaria..
In the context of the efforts to release the Bulgarian citizens detained on board the Galaxy Leader ship, the Minister of Foreign Affairs of the Republic of Bulgaria, Mr. Georg Georgiev, paid a working visit to the Sultanate of Oman, where he met with..
On Saturday , the lowest temperatures will be between 0 and 5°C; in Sofia it will be around 0°C. During the day, it will be mostly sunny. In the morning hours cloudiness will still be significant in the eastern regions, but in the..
Captain Lyubomir Chanev and chief mate Danail Veselinov returned to Bulgaria. They were held captive by Yemen's Houthis for 430 days. The Galaxy Leader..
Bulgaria’s Minister of Finance Temenuzhka Petkova said that she is concerned about the current state of the country’s finances, which,..
"I categorically want to put an end to all insinuations that Bulgaria is abandoning its goal of joining the Eurozone within the next year", said..
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