The Bulgarian state is increasing its participation in the Bulgarian Development Bank - BDB. The capital increase is by EUR 350 million. The funds are given to the BDB for the implementation of support measures for small and medium-sized enterprises affected by the COVID-19 pandemic. The aim is to limit the risks of liquidity crises and to offer preventive support to businesses also by sharing risks with commercial banks in the country. The BDB will provide access to financing to support turnover and operations, will provide portfolio guarantees to banks, and they will provide more flexible conditions for business loans, over a specified period and under individual conditions based on each case, the Bulgarian cabinet has announced.
For the first time, a unique collection of Western European textile panels (tapestries) is on display at the National Gallery – Square 500. The exhibits were added to the collection in the 1960s by the Bulgarian National Bank as part of the..
Tonight, the cloud cover will be significant, with rain expected in parts of the western half of the country—more substantial in the central regions. The lowest temperatures will range between 6°C and 11°C, around 9°C in Sofia. On Saturday,..
Thirteen people were arrested in central Sofia during a specialized police operation aimed at countering illegal migration and preventing crimes committed by or against foreign nationals. The operation took place on April 16 and 17, said the Ministry..
Together with PM Rosen Zhelyazkov we discussed the EU plan for a new Black Sea strategy which the European Commission will present soon, announced EU..
In an interview with public service TV BNT, Commissioner for Enlargement Marta Kos, who is on a working visit to Bulgaria, stated that Ukraine and the..
Half of the companies from the Bulgarian Industrial Capital Association say that the tariffs on the import of commodities announced by US President..
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