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.
A 9-year old boy with multiple injuries has been airlifted from Burgas to Pirogov emergency hospital in Sofia by a Spartan aircraft. The boy got stuck inside the hydraulic drum of a beach cleaning machine on the central beach in Sozopol...
GERB/SDS will not support a government on the third mandate. This was made clear after three hours of consultations with There Is Such a People (ITN). At these consultations ITN presented its priorities in the spheres of justice, energy and foreign..
Air quality indicators in Plovdiv and the surrounding villages are now back to normal, after the air over Plovdiv was filled with smoke from the wildfire which broke out at the landfill next to the village of Tsalapitsa on Thursday night, regional..
Bulgaria introduces mandatory disinfection of vehicles at all border crossings because of outbreaks of small ruminant plague in Northern..
The fires in the south-western regions of Bulgaria continue , as more than 15,000 decares of forests have already burned. The battle..
On Tuesday , the clouds will be variable, more significant in the afternoon over Eastern Bulgaria and the mountains and in places there will be rain and..
+359 2 9336 661