The Bulgarian state is increasing its participation in the Bulgarian Development Bank - BDB. The capital increase is by EUR 350 million. The funds are given to the BDB for the implementation of support measures for small and medium-sized enterprises affected by the COVID-19 pandemic. The aim is to limit the risks of liquidity crises and to offer preventive support to businesses also by sharing risks with commercial banks in the country. The BDB will provide access to financing to support turnover and operations, will provide portfolio guarantees to banks, and they will provide more flexible conditions for business loans, over a specified period and under individual conditions based on each case, the Bulgarian cabinet has announced.
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.,..
The major repair works on the Danube bridge near Ruse, which will begin on 10 July, will be carried out without stopping traffic and without closing the facility, the Road Infrastructure Agency said, refuting false information published in the Romanian..
ContourGlobal Maritsa East 3 TPP has announced that another 160 people from the coal-fired power plant will be laid off in the coming months after the procedure for notifying the institutions and the workers has been completed, the company’s..
The Balkans are attracting more and more medical tourists, with Turkiye being the undisputed leader, ranking among the top 10 most preferred countries..
The Movement for Rights and Freedoms (DPS) will immediately return the second government- forming mandate , DPS Co-chairman Delyan Peevski told..
Nearly 60% of parents pay for private tutoring for their children. The main reason why students have to take extra lessons is poor-quality preparation..
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