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

We want to rebrand Bulgaria as a place for good business: Innovation and Growth Minister

Minister Milena Stoycheva
Photo: Стопкадър, bTV

Rebranding Bulgaria as a place for creating high-tech innovations and where good business can be done, which will be attractive to investors. This is what Milena Stoycheva, the minister of Innovation and Growh, said will be the priority in the work of the ministry, talking to the BNR. 

According to her, work is being done on a strategy to strengthen the role of the Bulgarian Development Bank as a promotional bank for small and medium-sized businesses. Stoycheva also pointed out that the 175 million euro financial agreement signed between the European Investment Bank and Bulgarian Development Bank will support companies affected by supply chain disruptions and high food and energy prices due to the war in Ukraine.

The Bulgarian Development Bank is a credit institution, 100% owned by the Bulgarian state. It was established in 1999 with a main focus on supporting small and medium-sized enterprises.



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

Nikolay Denkov

Nikolay Denkov: Any attempts to form a stable government would be a complete illusion

“This parliament is like quicksand – war in the Movement for Rights and Freedoms, a split Bulgarian Socialist Party, Velichine falling apart,” said former PM Nikolay Denkov, chair of the parliamentary group of We Continue the Change/Democratic..

published on 7/13/24 2:11 PM

Chief Commissioner Alexander Dzhartov: There are no towns or villages at risk from the fires

“No towns or villages are at risk from the fires that have broken out around the country,” Chief Commissioner Alexander Dzhartov, Director of the General Directorate Fire Safety and Civil Protection said for the BNR. Partial state of..

published on 7/13/24 11:59 AM
The Council of Ministers building

Caretaker government proposes poverty line of EUR 325 for 2025

A draft decision by the Council of Ministers, published for discussion, envisages a poverty line of 638 Leva (a little over EUR 325). The poverty line for this year stands at 526 Leva (a little over EUR 268), or an increase of 21%. The proposal..

published on 7/13/24 11:28 AM