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.
From July 15 until August 4, eighty-eight people from three continents will study Bulgarian at the University of Veliko Tarnovo. The International Summer Seminar on Bulgarian Language and Culture will be held for the 47th year, offering..
It will be sunny and hot on Monday. Cumulus clouds will form over the eastern parts of the country with no chance of precipitation. Daytime highs will range from 36°C to 41°C, for Sofia around 37°C. It will be sunny along the Black Sea coast..
Caretaker Premier Dimitar Glavchev and the Director of the General Directorate Fire Safety and Civil Protection, Chief Commissioner Alexander Dzhartov, are in constant communication regarding the wildfire situation in the country, reported the press..
Caretaker Premier Dimitar Glavchev and the Director of the General Directorate Fire Safety and Civil Protection, Chief Commissioner Alexander Dzhartov,..
Seven fires are burning in forest areas in the districts of Plovdiv, Haskovo, Kyustendil and Yambol, the Executive Forests Agency said. In..
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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