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.
We are negotiating to strengthen Bulgaria's air defence with funds from allies, Minister of Defence Atanas Zapryanov announced at a hearing at a parliamentary committee. We have taken preventive actions to strengthen airspace..
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 lecturer at the Faculty of Economics of Sofia University, told BGNES. She emphasized that the spread..
The net minimum wage in Bulgaria from 2026 will be 970 leva (467 euros), and the gross minimum wage will be 1,287 leva (620 euros). It will be the lowest in the entire EU . This was told to bTV by Plamen Dimitrov, president of the largest trade union..
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..
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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