Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Meeting of Economy Minister with large borrowers of loans from BDB fails

Economy Minister Kiril Petkov
Photo: BGNES

The meeting scheduled for today between the Minister of Economy Kiril Petkov and the eight largest borrowers of loans from the Bulgarian Development Bank (BDB) did not take place after none of the companies invited by Petkov appeared. The minister said six of them had sent written replies stating that they were repaying their loans regularly. No answers were received from the companies Blagoevgrad BT and Transpect AD.
Yesterday, Petkov's meeting with the bank's Supervisory Board failed after only Chairman Stamen Yanev appeared.
Petkov announced that there were signals from small and medium enterprises for refusals of loans to them from BDB, although the main focus of the bank's activities is the support for small and medium-sized enterprises.
The Minister announced that as of today the Bulgarian Development Bank will no longer grant loans greater than BGN 5 million /EUR 2.5 million/.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Light rainfall is possible in southern Bulgaria, warming continues

On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia they will drop to around 7°C. In the morning, visibility will be reduced in some low-lying areas..

published on 10/22/25 7:05 PM
Valérie Hayer

Renew Europe calls on the European Commission to urgently send a mission to Bulgaria

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 to assess the rule of law situation and to freeze all payments under the Recovery and..

published on 10/22/25 6:12 PM

Young doctors to receive long-awaited pay rise

“At coalition level, we have decided to meet the demands of young doctors regarding salary levels,” said Kostadin Angelov, chair of the parliamentary health committee, at a meeting of the panel, as reported by BNR's Mila Mladenova. Young doctors..

published on 10/22/25 4:55 PM