A commission for transparency and control of public funds in the Bulgarian Development Bank (BDB) will start work by the end of the week, the Ministry of Economy has reported. The bank which has become 100% state property, will be inspected over procedures for granting loans totaling over 500,000 euros. The commission said the largest borrowers were 3 companies with loans over EUR 71 million, two companies with loans of over 59 million euros and three companies with 30 million euros each.
Among them are companies related to Delyan Peevski, the Domuschiev brothers and others. Former Minister of Economy Lachezar Borisov said there was "nothing worrying" about the fact that the biggest borrowers from the Bulgarian Development Bank were companies owned by major businessmen.
The bank has been repeatedly criticized for not fulfilling its main function - supporting small and medium-sized businesses.
BDB said it would provide full cooperation to the inspectors.
The Regional History Museum in Plovdiv is hosting the performance “Hear the Voice of the Mountains and Springs – The Year of the Snake Gives Us Prosperity” today. In it, actors from the Guizhou Lantern Theater will show the rich..
On Saturday, cold air will bring temperatures down. It will be cloudy. There will be rainfalls and snowfalls in the northwestern regions. There will be rainfalls in the eastern regions of the country. The wind will be moderate to..
The Sofia Municipality and the Bulgarian Academy of Sciences will create a register of homeless people in Sofia. The initiative comes from the Institute of Population and Human Research of the Bulgarian Academy of Sciences, which is participating in a..
Bulgaria has made significant progress in meeting the criteria for inclusion in the U.S. Visa Waiver Program, caretaker Minister of Foreign..
I have not committed any crime, this is a political attack, the co-chairman of "We Continue the Change" (PP), Kiril Petkov, said before..
Caretaker Minister of Defense Atanas Zapryanov took part in the 25th meeting of the Ukraine Defense Contact Group at the level of Ministers of Defence..
Wet snow
Rain / Snow
Cloudy
Snow