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.
On Saturday, the minimum temperatures in Bulgaria will be from 8 to 13C, in Sofia – 10C. During the day, cloudy weather will prevail. Rain is expected in the southwestern regions. A moderate wind will blow from the east-northeast. Maximum..
In economic terms, Bulgaria is highly dependent on carbon-intensive production and is particularly vulnerable to the risk of these productions being shifted to countries with weaker environmental standards, with the corresponding loss of jobs and a..
Currently, out of nearly 8,000 children deprived of parental care, just 850 have permission for full adoption. This was announced by Deputy Minister of Labor and Social Policy Ivan Krastev at a roundtable in Sofia, specifying that about 3,700 children..
Over the next 24 hours, cloud cover will be mostly significant. There will be rain showers in some areas of Western Bulgaria and the far southeastern..
Foreign Minister Georg Georgiev met Qatar’s Minister of State for Foreign Affairs, Sultan bin Saad Al-Muraikhi , on the sidelines of the 80th session of..
Marina Gugusheva, who studies medicine at Sofia University St Kliment Ohridski, is spending a month at Zagazig University under an international exchange..
Partly cloudy, chance of rain
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