Within two weeks, the Bulgarian Development Bank will have a new management, the caretaker Minister of Economy Kiril Petkov has told BNR. The reason he pointed out was the sum of nearly half a billion euros distributed to eight clients and another 900 million to another twelve under unknown conditions.
"This is absolutely inappropriate use of state funds aimed to support small and medium-sized businesses," the minister said, adding that "there is a terrible delay and lack of information." He also said that he introduced a limit of BGN 5 million (about 2.5 million euros) for loans, which would be used primarily by export-oriented small and medium-sized companies.
Tuesday will be sunny and very hot. Minimum temperatures will be between 17 and 23°C, 17°C in Sofia. Maximum temperatures will be between 37 and 42°C, 37°C in the capital. A red heat warning has been issued for the districts of Blagoevgrad, Ruse,..
At a meeting with President Rumen Radev, We Continue the Change- Democratic Bulgaria (PP-DB) asked the country’s head of state to delay the handing of the second cabinet-forming mandate to allow them to seek broad public support for the proposed..
Specialists in Bulgarian studies from 32 countries across three continents are participating in a three-week seminar on Bulgarian language and culture, which began today at the University of Veliko Tarnovo. According to the BNR’s correspondent in..
Seven fires are burning in forest areas in the districts of Plovdiv, Haskovo, Kyustendil and Yambol, the Executive Forests Agency said. In..
Caretaker Premier Dimitar Glavchev and the Director of the General Directorate Fire Safety and Civil Protection, Chief Commissioner Alexander Dzhartov,..
Bulgarian politicians and institutions have condemned the assassination attempt on Donald Trump. "We are deeply shocked by the horrific attack on..
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