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.
There is no division in We Continue the Change-Democratic Bulgaria (PP-DB) and they will propose a government with the third cabinet-forming mandate if it is handed to them. ''We will go to the president with a ready platform to convince him that we..
Without having any clarity on the exact timing of the second exploratory mandate for government formation, GERB said in a media statement that the GERB-SDS parliamentary group will unequivocally not support it under any circumstances. This stance also..
A special operation on Bulgaria's southern Black Sea coast has seized 18,000 canistars of laughing gas. Warning protocols were issued to 15 people selling laughing gas balloons to stop selling the product to minors and indoors. Specialists from..
Wednesday will be hot and sunny. There will be clouds in the afternoon, but rain will only fall in parts of Eastern Bulgaria and in the mountains...
The start of the major repair of the Danube Bridge near Ruse is the reason for a serious conversation about the connectivity between..
State gas supplier Bulgargaz has filed a lawsuit against Russia's Gazprom Export at the ICC International Court of Arbitration in Paris, the Bulgarian..
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