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.
After a meeting of the National Council for Tripartite Cooperation , Social Minister Borislav Gutsanov said the Ministry of Labour and Social Policy proposed raising the minimum wage to BGN 1,213 (EUR 620) next year, up from EUR 550.68, an increase of..
'The quality of this year's grapes is perfect, but the quantity will be lower than last year,' said Krasimir Koev, director of the Executive Agency on Vine and Wine (EAVW), at the ninth Global Conference on Wine Tourism of the UN World Tourism..
Multilateral cooperation enables the achievement of common decisions on an equal footing among participants, said Prime Minister Rosen Zhelyazkov at the opening of the 4th Forum of Prosecutors General of the Balkan Countries, held in Sofia. He added..
The European Commission has brought legal action against Bulgaria at the European Court of Justice (ECJ), arguing that the country has not fully..
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..
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