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

Two of BDB's top companies received better interest rates on loans

Caretaker economy minister Kiril Petkov
Photo: Ani Petrova, BNR

Two of the 8 companies financed with nearly BGN 1 billion by the state-owned Bulgarian Development Bank have obtained much better interest rates compared to their previous loans, the Minister of Economy Kiril Petkov told BNR. 

The difference in interest rates is about 5% - Technomarket has received a loan with an interest rate of 2% at a previous interest rate of 7%, while the ratio at Transpect is 4% to 9%. 
The Minister clarified that the interest rate proposals were made by the Management Board of the bank. 
"When BGN 1 billion of taxpayers' money is spent, it's not wrong to worry about why this was done," he said. 
Kiril Petkov pointed out two more "worrying places" with a priority focus on work - the State Consolidation Company and the Bulgarian Insurance Agency.



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

The President agrees to PP-DB's request for extraordinary meeting

Bulgarian President Rumen Radev will hold a meeting with members of the parliamentary group "We Continue the Change - Democratic Bulgaria" (PP-DB), the press service of the president announced. The conversation will be at Dondukov 2 at 4:00 p.m., on July..

published on 7/15/24 10:44 AM

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