The European Bank for Reconstruction and Development will provide a state-guaranteed loan to Bulgaria to the tune of EUR 300 million. The money will fill the reserve of the Bulgarian Deposit Insurance Fund. The loan is for a term of nine years. The EBRD provides a grace period of six years under that loan. Thus, the Bulgarian Deposit Insurance Fund will receive a greater financial independence and long-term sustainability. On March 18 the World Bank approved a loan worth EUR 300 million. It became clear that the money will be used for the improvement of the financial and the institutional capacity of the fund. This is the first project financed by the World Bank in Bulgaria since 2009. The loan is for a term of 10.5 years and the grace period is six years.
Prime Minister Rosen Zhelyazkov will lead the Bulgarian delegation to the funeral of Pope Francis in Rome , Italy, the Cabinet’s press office announced. The delegation also includes Deputy Prime Minister and Minister of Transport and Communications..
May 24 will be declared Bulgarian Heritage Day by the Mayor of Las Vegas, Shelley Berkley, Bulgaria's Consulate General in Los Angeles announced. The official meeting between the new mayor of the largest and most popular city in the state of Nevada..
On Saturday lows will be between 5 and 10°C, around 7°C in Sofia. Before noon it will be mostly sunny and calm. In the afternoon there will be isolated showers and thunderstorms. Maximum temperatures will be between 20 and 25°C, around 21°C in the..
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark..
On January 1, 2026, Bulgaria will take over the presidency of the Danube Strategy for the second time (after 2018) . This is happening at a..
The Israel Defense Forces (IDF) have admitted to mistakenly firing on a UN facility in central Gaza in March, killing an UN staffer, reported BTA...
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain
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