The Board of Directors of the Bulgarian Development Bank - BDB have refused to provide access to the files of companies with large loans, Minister of Economy Kiril Petkov said. He has informed the Bulgarian National Bank over the case and reiterated that there were no concerns about the liquidity of BDB. On the contrary, the treasury has funds that should be immediately invested in support of small businesses, he says.
The Management Board of BDB said that they had provided detailed financial information to the members of the new Audit Committee appointed by Minister Petkov. BDB has also sent an inquiry to the BNB as to whether it has the right to provide access to the Audit Committee to information constituting banking secrecy.
On Thursday, 9 October, cloud cover will remain heavy over the eastern half of the country . Many areas will see rain in the morning, but showers will weaken and stop during the day. In the west, the chance of rain is low and skies will gradually clear...
The European Commission has brought legal action against Bulgaria at the European Court of Justice (ECJ), arguing that the country has not fully transposed EU rules on the posting of drivers into national law and calling for financial penalties, BNR..
A study by the Institute of Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University “St. Kliment Ohridski” has been recognised as a leading paper at one of the world’s most prestigious events in artificial intelligence and..
Bulgarian investigative journalist Christo Grozev was honored as European Journalist of the Year at the official ceremony of the PRIX EUROPA festival..
From 13 October until 28 November, the Bulgarian Red Cross will hand out products, purchased by the Social Assistance Agency, to vulnerable..
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