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.
The most important task is to find a solution to the war in Europe through diplomacy and to establish lasting peace, said President Rumen Radev in the Estonian capital, Tallinn, where he took part in a meeting of the Arraiolos Group. President..
By the end of 2024, nearly 80,000 individuals were receiving pensions and supplements under EU regulations and international agreements, according to the National Social Security Institute. These are Bulgarians who have worked in EU countries and..
Archaeologist Nikolay Ovcharov on Thursday announced the discovery of a large circular temple at Perperikon, the early-historic rock complex in the Eastern Rhodopes, BTA reported. Dating to the 3rd–4th centuries AD , the structure is believed to..
The population of white storks in Bulgaria has increased by 33% in recent years, according to data from the 8th International White Stork Census , cited..
Bulgarians living abroad have shown unprecedented interest in the Ministry of Labour and Social Policy’s “I Choose Bulgaria” programme, deputy Minister for..
On Friday, the lowest temperatures will range between 5°C and 11°C, in Sofia 7°C. During the day, the cloud cover across the country will be..
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