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

Two of BDB's top companies received better interest rates on loans

Caretaker economy minister Kiril Petkov
Photo: Ani Petrova, BNR

Two of the 8 companies financed with nearly BGN 1 billion by the state-owned Bulgarian Development Bank have obtained much better interest rates compared to their previous loans, the Minister of Economy Kiril Petkov told BNR. 

The difference in interest rates is about 5% - Technomarket has received a loan with an interest rate of 2% at a previous interest rate of 7%, while the ratio at Transpect is 4% to 9%. 
The Minister clarified that the interest rate proposals were made by the Management Board of the bank. 
"When BGN 1 billion of taxpayers' money is spent, it's not wrong to worry about why this was done," he said. 
Kiril Petkov pointed out two more "worrying places" with a priority focus on work - the State Consolidation Company and the Bulgarian Insurance Agency.



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

Delyan Peevski

''DPS – New Beginning'' urges that local taxes remain unchanged in 2026

“I call on all representatives of the Movement for Rights and Freedoms in local government — mayors and municipal councilors — to ensure security and predictability for the people and to take the necessary steps to keep all local taxes and fees..

published on 11/25/25 10:02 AM

Bulgaria rises in global digital quality of life ranking

Bulgaria has climbed to 11th place in this year’s Digital Quality of Life 2025 (DQL) index published by Surfshark, up from 18th last year, BTA reported. The index evaluates countries’ digital well-being across five dimensions: fixed broadband..

published on 11/25/25 9:45 AM
Todor Chobanov

Bulgaria expects the return of over 2,700 antiques from abroad

Around 90% of the antiques seized during an international operation targeting a cultural property trafficking network will be returned to Bulgaria, Deputy Minister of Culture Todor Chobanov told “Nova TV”.   “This is an unprecedented operation in..

published on 11/25/25 9:22 AM