The Board of Directors of the Bulgarian Development Bank - BDB have refused to provide access to the files of companies with large loans, Minister of Economy Kiril Petkov said. He has informed the Bulgarian National Bank over the case and reiterated that there were no concerns about the liquidity of BDB. On the contrary, the treasury has funds that should be immediately invested in support of small businesses, he says.
The Management Board of BDB said that they had provided detailed financial information to the members of the new Audit Committee appointed by Minister Petkov. BDB has also sent an inquiry to the BNB as to whether it has the right to provide access to the Audit Committee to information constituting banking secrecy.
A quadripartite meeting of the interior ministers of Bulgaria, Hungary, Austria and Romania in Budapest on 22 November made it clear that Austria would lift its veto and that Bulgaria and Romania would probably become full members of Schengen from the..
The weather on Saturday will be mostly sunny over most of Bulgaria. There will be considerable clouds in eastern Bulgaria before midday and rainfall is expected in the eastern areas, but precipitation will stop also there and clouds will break...
Authorities in Greece will deploy more police officers at the Promakhon checkpoint on the border with Bulgaria to speed up the processing of documents for people and vehicles crossing the border, reports BNR's correspondent in Greece, Katya Peeva...
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she..
The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th..
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