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

EC approves EUR 142 million in state aid for Bulgaria’s energy sector

The European Commission has approved state aid amounting to EUR 142 million (BGN 278 million) to support the energy sector, BNR’s correspondent in Brussels reports. The money is being granted to alleviate part of the expenses of the companies which..

published on 7/12/24 4:44 PM

Army personnel and two helicopters join efforts to put out big fire in Mount Sredna Gora

Army personnel and two helicopters from the 24 th air base at Krumovo have joined the efforts to extinguish a big fire in Mount Sredna Gora close to Pesnopoy village, Kaloyanovo municipality and Mihiltsi village, Hisarya municipality. The..

published on 7/12/24 3:23 PM
Rumen Radev on board the frigate Drazki, 12 July, 2024

On board Drazki frigate President Radev calls for the modernization of the Bulgarian navy to continue

President Rumen Radev called for the processes of modernization of the navy to continue. On board the frigate Drazki in the Black Sea, the president, the Deputy Minister of Defence Radostin Iliev and the commander of the Bulgarian navy rear admiral..

published on 7/12/24 1:27 PM