The Bulgarian Development Bank has been checking economic relation in loans granted by it. this happens after Delyan Peevski was sanctioned under the global "Magnitsky" Act. This was announced by the Minister of Economy Kiril Petkov during a hearing in the Parliament. When asked by MRF MP Yordan Tsonev, the minister answered that Peevski, as an individual, had not received any loans from BDB, but several companies are currently being investigated for possible connection with him.
Petkov said that the inspection revealed there were huge salaries for the management of the bank. One of the managers of the Bulgarian Development Bank received over EUR 239,000 of annual salary, and 30,000 euros in bonuses, BNR reporter Marta Mladenova informed.
For two decades Bulgaria has known what it is striving for, Prime Minister Rosen Zhelyazkov said after a meeting with President of the European Council António Costa, who arrived on a three-day visit to Bulgaria. Zhelyazkov pointed..
Bulgarian President Rumen Radev begins his two-day visit to Warsaw at the invitation of his counterpart Andrzej Duda. In the Polish capital, he will participate in the 10th Summit of the “Three Seas” initiative to deepen cooperation in the energy,..
The Bulgarian National Bank is issuing a new silver commemorative coin from the “Bulgarian National Revival” series , the institution announced today. This time the coin is on the theme of “175 years since the birth of Zahari Stoyanov”. The..
Bulgaria’s President Rumen Radev discussed ways to boost trade and investment between Bulgaria and Poland during a meeting with representatives of..
A month after Bulgaria receives the green light to join the eurozone, all traders are obliged to have their prices in both Bulgarian..
Since the beginning of the year, Bulgaria has also met the price stability criterion for eurozone membership, Minister of Finance..
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