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.
Ten new electric locomotives "Smartron", which "BDZ - Passenger Services" is expecting under a contract with the company "Siemens Tron", will be named after prominent Bulgarian National Revival figures who contributed to the development of railway..
On Friday, it will rain again in many places . Cloudy skies will develop in the afternoon and the precipitation will be accompanied by thunderstorms. They will be more significant in quantity in the central and northern regions. There will be a..
Bulgaria is proposing the establishment of a multinational maritime coordination center to ensure safe shipping in the western Black Sea . The country is also offering to host this center, Premier Rosen Zhelyazkov said in Paris where he is attending..
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...
sunshine, cloud, rain and thunder
Cloudy
Overcast, rain
Partly cloudy, chance of rain