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

Weather forecast: Heat wave continues, temperatures hit 40 ° C.

Sunday will be sunny and hot. There will be a light, in the Eastern parts to moderate wind from the East-Northeast. Maximum temperatures 35-40° C., for Sofia around 36° C. Over the mountains there will be sun, with cumulus clouds in the..

published on 7/13/24 6:00 PM

Non-issuance of till receipts among most frequent violations in seaside resorts

Within the space of two weeks National Revenue Agency officials have inspected 800 outlets along the Black Sea coastline – catering establishments, discotheques, bars, grocery stores , the agency has announced. More than 150 statements of violation..

published on 7/13/24 5:43 PM
Filiz Hyusmenova

Filiz Hyusmenova: The accusations of threats made on the basis of ethnicity are ridiculous

“The Movement for Rights and Freedoms' resistance forces are not against ethnic qualities and characteristics, but against the way decisions are made, against management, separation and confrontation.” This is what MP Filiz Hyusmenova, who was the..

published on 7/13/24 4:23 PM