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 Thursday, 9 October, cloud cover will remain heavy over the eastern half of the country . Many areas will see rain in the morning, but showers will weaken and stop during the day. In the west, the chance of rain is low and skies will gradually clear...
The European Commission has brought legal action against Bulgaria at the European Court of Justice (ECJ), arguing that the country has not fully transposed EU rules on the posting of drivers into national law and calling for financial penalties, BNR..
A study by the Institute of Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University “St. Kliment Ohridski” has been recognised as a leading paper at one of the world’s most prestigious events in artificial intelligence and..
During the night in the Danubian Plain it will be rainy and in places the amounts will be significant. In the southeastern regions of..
Solar power capacity in Bulgaria for electricity production will exceed 4 GW in 2025. This is equal to 4 large nuclear reactors, Dr. Maria Trifonova, a..
Young doctors from the “Future in Bulgaria” initiative are protesting again. They will gather in the afternoon in front of the Ministry..
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