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

Minister of Economy checks an investment of 300 million euros in dams

Photo: BGNES

No one in the Bulgarian Development Bank can give loans of 50 million euros anymore, as the institution has a new statute, Minister of Economy Kiril Petkov has told BNT.

It has been recently established that the bank distributed loans totaling over 500 million euros to eight private companies. According to the minister, the battle aimed at making BDB work only for small and medium-sized businesses seems to be over.

Kiril Petkov also starts inspections of several dams, because initial indications seem alarming, "just like those in BDB". According to him, the State Consolidation Company invested over 300 million euros in the repair of dam walls and facilities with the idea to restore more than 400 dams, but so far only ten have been repaired.



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

Toshko Yordanov

ITN would engage in talks with PP-DB if they decide to fulfill the second cabinet-forming mandate

"There Is Such a People"party (ITN) will engage in talks with "We Continue the Change - Democratic Bulgaria" (PP-DB) if the coalition decides to fulfill the second government-forming mandate'' , the chairman of the parliamentary group of ITN, Toshko..

published on 7/14/24 2:08 PM

The assassination attempt on Donald Trump sparks reactions among Bulgarian politicians

Bulgarian politicians and institutions have condemned the assassination attempt on Donald Trump. "We are deeply shocked by the horrific attack on former President Donald Trump during a campaign event. We express condolences to the victim and..

updated on 7/14/24 1:24 PM
Commissioner for Innovation, Research, Culture, Education and Youth Iliana Ivanova

Commissioner Iliana Ivanova: Bulgaria may lose funds under the Recovery and Resilience Plan

Our country is at real risk of losing funds under the Recovery and Resilience Plan, European Commissioner for Innovation, Research, Culture, Education and Youth Iliana Ivanova said for bTV. In her words, the political situation in the country..

published on 7/14/24 11:35 AM