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.
The European Public Prosecutor's Office has confirmed to BNR that Bulgarian European Prosecutor Teodora Georgieva has been temporarily suspended from office. On Wednesday, the EPPO informed the European Parliament, the Council of..
Reconstruction of the "Kapitan Andreevo" border checkpoint on Bulgaria's border with Turkey should begin within three months . It is expected to last one year and be completed before the start of the increased summer traffic in..
The co-chairman of "We Continue the Change" Kiril Petkov is accused of threats to former Minister of e-Government Alexander Yolovski, in connection with public procurement procedures. He has been imposed a bail of 5,000 euros, but..
European Chief Prosecutor Laura Kövesi is launching an administrative investigation into possible violations committed by Bulgaria’s..
The price of agricultural land in Bulgaria will continue to decline for at least the next two years. The data comes from the Bulgarian Association of..
On Friday, it will rain again in many places . Cloudy skies will develop in the afternoon and the precipitation will be accompanied by thunderstorms...
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