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 prosecutor's office has served an indictment on Bozhidar Bozhanov, a member of parliament from "We Continue the Change - Democratic Bulgaria". He is accused of a crime in his capacity as Minister of Electronic Governance, related to a public..
“The stability of the government depends on the architects of the majority – these are Mr. Borissov and Mr. Peevski. It depends on the understanding between the two of them, as they are the personnel officers of the government, they..
European Chief Prosecutor Laura Kövesi is launching an administrative investigation into possible violations committed by Bulgaria’s European Prosecutor Teodora Georgieva within the framework of an ongoing investigation by the..
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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