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 leader of the largest parliamentary party GERB commented on his meeting with Donald Trump Jr., which sparked wide media attention in Bulgaria: ''Private meetings with the children of my friends, at an informal lunch which led to nothing-we just..
"From the beginning of 2025 until now, expenditures on personnel, social and health insurance payments, including pensions, have increased by 18.2% compared to 2024", announced Minister of Finance Temenuzhka Petkova during today’s regular government..
On October 8, the two-month grace period given to merchants to comply with the requirements of the Law on the Introduction of the Euro expires. During this period, they were expected to label the prices of goods and services both in leva and euros...
The European Commission has brought legal action against Bulgaria at the European Court of Justice (ECJ), arguing that the country has not fully..
A study by the Institute of Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University “St. Kliment Ohridski” has been..
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..
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