The Bulgarian self-employed people will be able to receive interest-free loans under a scheme by the Bulgarian Development Bank, the Chairperson of the National Assembly Commission on Budget and Finance Menda Stoyanova said. Earlier, the measure applied to the people in unpaid leave only. The self-employed will be able to borrow EUR 750 a month. The interest on the bank loan is paid by the state. The ten-year bank loan offers a five-year grace period. Menda Stoyanova also announced the measure for the small businesses which will be able to receive interest-free credits as well. The Bulgarian MP confirmed that the 60/40 scheme offered by the state to support the companies keep their employees will cover not only salaries, but social-security contributions as well.
Fuel supplies for the domestic market are fully secured until the end of the year , Energy Minister Zhecho Stankov said, following the United States’ sanctions on Russian oil giants Lukoil and Rosneft. He added that the market would be closely monitored to..
“Bulgaria’s defence industry is renowned for its quality and enjoys an excellent international reputation. This offers great opportunities for close cooperation with Vietnam in the security sector,” President Rumen Radev said during a visit to the..
The Council of Ministers has proposed transferring vehicles from the National Security Service (NSO) to the Presidential Administration through a legislative change, Bulgaria National Radio reporter Tsvetelina Stoyanova reported. This would not put a..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
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