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.
The Bulgarian government and the German defence group Rheinmetall have signed an agreement in Sofia to build a gunpowder and 155 mm artillery shell factory at the state-owned Vazov Machine Building Works (VMZ) in Sopot. The deal was signed by..
The Embassy of Bulgaria in Washington hosted a reception for the Board of Executive Directors of the oldest Jewish organization "B'nai B'rith" . This was announced by the diplomatic mission on Facebook . The organization’s CEO..
Applications for recognition of higher education obtained abroad have doubled. This was announced by Vanya Grashkina-Mincheva, executive director of the National Center for Information and Documentation before a meeting of the parliamentary education..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that..
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