Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian state guarantees working capital loans for tourist sector

Photo: tourism.government.bg

Unsecured working capital loans of up to EUR 150,000 will be granted by 8 commercial banks, which have already signed an agreement with the Bulgarian Development Bank - BDB, the executive director of the state treasury Panayot Filipov has announced. 

At a meeting with Bulgaria's Deputy Prime Minister and Minister of Tourism Mariana Nikolova and representatives of the tourism sector, Filipov said that they would send detailed instructions to the companies on how to apply.
The Bulgarian Export Insurance Agency will provide commercial risk insurance coverage for those 20% of own participation that are required of companies when receiving loans, it was announced at the meeting.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

PP-DB call for meeting with the president to discuss the political crisis

"We Continue the Change - Democratic Bulgaria" (PP-DB) political party have requested a meeting with President Rumen Radev to discuss the political crisis and the possibilities for its solution . After the expulsion of most of the MPs from the MRF..

published on 7/15/24 10:01 AM

Hot weather with fire danger, critical situation in Svilengrad region

228 fires were extinguished in Bulgaria in the last 24 hours , the General Directorate of Fire Safety and Protection of the Population announced. There were 181 fires without material damage, of which 126 were in dry grass, forests and bushes, four in..

published on 7/15/24 9:03 AM

Folklore festival at the foot of Vitosha Mountain gathers performers from nine countries

From today until July 20, the International Folklore Festival "Vitosha"  will be held at the foot of Vitosha Mountain. Performers from Bolivia, India, Italy, Albania, Mexico, Kazakhstan, Moldova, North Macedonia and Bulgaria will introduce the..

published on 7/15/24 7:10 AM