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

Prime Minister Rosen Zhelyazkov (C) and European Council President Antonio Costa (R).

President of the European Council and Bulgarian PM visit Kazanlak Arsenal military factory

The President of the European Council, Antonio Costa, and Prime Minister Rosen Zhelyazkov visited Arsenal, Bulgaria's largest arms manufacturer, in Kazanlak. The management of the factory presented the technological capabilities of the plant, its main..

published on 4/28/25 3:48 PM
Tomislav Donchev

Payments under the RRP have doubled in recent months

Payments under the Recovery and Resilience Plan (RRP) have doubled in recent months, Deputy Prime Minister Tomislav Donchev has announced. He added that he was optimistic about receiving the delayed tranches and the remaining funds under the RRP...

published on 4/28/25 2:55 PM

State Intelligence Agency reports high number of vacant positions and chronic underfunding

Despite active and targeted efforts to recruit personnel, the percentage of vacant positions at the State Intelligence Agency (SIA) remains high, reads the 2024 report of SIA, published on the website of the Council of Ministers. Another issue..

published on 4/28/25 1:22 PM