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.
If a referendum was held on whether to continue the country's membership in NATO, 59% of Bulgarians would answer affirmatively, according to a study by the Alliance. According to this indicator, Bulgaria ranks penultimate among..
The 17 th classic car and motorcycle parade is to take place in Burgas’ Primorski Park from 10 AM until 2.30PM today. More than 150 collectors from Burgas and the country will take part, Dimo Dzhambazov, chair of the Retro motor club, organizer of..
On Saturday the weather will be sunny, with cumulus clouds developing in the afternoon in many parts. Temperatures will continue to rise, with minimum temperatures reaching 15-21° C., for Sofia 17° C. Daytime highs will range from 30° C., to 35° C.,..
Sunday will be sunny and hot. There will be weak to moderate northeasterly wind. Temperatures will continue to rise and the highest..
The new Bulgarian Patriarch, Daniil, has spoken out in favour of reconciliation within the Orthodox churches. "There is a broken communion between..
If a referendum was held on whether to continue the country's membership in NATO, 59% of Bulgarians would answer affirmatively,..
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