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 February 19th, the day when Bulgarians worldwide commemorate 152 years since the passing of the Apostle of Freedom, Vasil Levski, Bulgaria’s National Liberation Day, March 3rd, received special recognition in Beverly Hills. Mayor Lester Friedman..
An office of the association for culture, education, and tradition "Balkan Bridge" was opened in Bitola in the presence of Bulgarian Ambassador to North Macedonia Zhelyazko Radukov, Bulgarian Consul General in Bitola Nikolay Dimitrov, diplomats and..
Education must make children not only knowledgeable but also good people, said Minister of Education and Science Krasimir Valchev at a meeting with His Holiness Daniil, Patriarch of Bulgaria and Metropolitan of Sofia. "We are discussing the..
The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the..
The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
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