The European Bank for Reconstruction and Development will provide a state-guaranteed loan to Bulgaria to the tune of EUR 300 million. The money will fill the reserve of the Bulgarian Deposit Insurance Fund. The loan is for a term of nine years. The EBRD provides a grace period of six years under that loan. Thus, the Bulgarian Deposit Insurance Fund will receive a greater financial independence and long-term sustainability. On March 18 the World Bank approved a loan worth EUR 300 million. It became clear that the money will be used for the improvement of the financial and the institutional capacity of the fund. This is the first project financed by the World Bank in Bulgaria since 2009. The loan is for a term of 10.5 years and the grace period is six years.
On Tuesday , the lowest temperatures will be between 7 and 12°C. In Sofia it will be around 9°C. During the day it will be mostly cloudy. In places in the western regions there will be rainfall, more significant in south-western..
Following talks with the European Commission, it has been decided to review the implementation of all projects in the Recovery and Resilience Plan (RRP) and remove those that have no chance of being implemented, Deputy Prime Minister Tomislav Donchev said..
The Sofia City Court has suspended the registration of the new leadership of the Bulgarian Olympic Committee in the Commercial Register, sports lawyer Georgi Gradev said. The decision was taken in a closed session following an appeal by former national..
Those in professions where weapons are used should undergo compulsory military training. This is being considered by the Ministry of War, Minister Atanas..
Hundreds of citizens have once again protested against animal cruelty in Plovdiv and Sofia. The protesters demanded that Gabriela Sashova and Krassimir..
Proposals for tougher penalties for animal cruelty have been published for public debate until 4 April this year, after which changes will be made to the..
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