“One of the 8 companies which are the biggest borrowers from the Bulgarian Development Bank, with a loan amounting to a total of 1 billion Leva, is going to repay 40 million Leva of its debt early,” said Minister of Economy in the caretaker government Kiril Petkov.
“I hope that this 40 million will go to at least 40 companies, I would even say – 400,” Minister Petkov said.
Kiril Petkov announced the names of the bank’s new management, and added that from now on it will focus on supporting small and medium-sized businesses, with priority given to startups and enterprises for innovative projects.
Sofia Mayor Vasil Terziev and Deputy Mayor of Sofia for Finance Ivan Vasilev met in Bulgaria's capital with the European Bank for Reconstruction and Development Associate Director Donald Mishaxhiu. The purpose of the meeting was to explore..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official meeting in the Council of Ministers between Prime Minister Rosen Zhelyazkov, Minister of Tourism..
The second payment from the EU under the National Recovery and Resilience Plan of 653 million euros will certainly be refused, even though Bulgaria has implemented 85% of the reforms undertaken to this stage. This was stated at a briefing by Deputy..
The effects of the protests against supermarkets are being felt, Agriculture Minister Georgi Tahov said in Plovdiv, where he was attending a national..
In 2022, 14.7% of workers in the EU were low-wage earners . By definition, low-wage earners are those who earn two-thirds or less of the average gross..
A serious restrictive and even repressive attitude among Bulgarian society on the current issues of school education and upbringing is shown by an..
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