The Bulgarian National Bank has announced it is launching a targeted supervisory inspection of the Bulgarian Development Bank (BDB) as of tomorrow over the public conflict that has been created.
Economy Minister in the caretaker cabinet Kiril Petkov declared that the supervisory board of the Bulgarian Development Bank refused to hand the credit records of the 8 companies which are the biggest BDB borrowers over to the auditing committee. A little after the press conference given by Minister Petkov the BDB issued a press release stating that the requested financial information has been handed over to the auditing committee. However, the BDB adds that it is making enquiries of the Bulgarian National Bank regarding the rights of access of the auditing committee to information which constitutes a trade and banking secret.
The Ministry of Finance published the 2025 draft budget and the medium-term budget forecast for the 2025-2028 period. The projected deficit for 2025 is up to 6.4 billion BGN (EUR 3.3 billion), which is 3% of GDP. Expenditures will not exceed 40% of..
A commemorative ceremony today in the center of Sofia will mark the 152nd anniversary of the death of Bulgarian national hero Vasil Levski. The solemn ceremony in front of the Monument to the Apostle of Freedom will begin at 6:00 p.m. Citizens will..
On Wednesday, the lowest temperatures will range between minus 8°C and minus 3°C, for Sofia around minus 7°C . During the day, snow showers in the northeastern regions will begin to stop, but in southeastern Bulgaria it will still snow in many places...
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
The Ministry of Foreign Affairs recommends that Bulgarian citizens traveling or residing in Canada keep themelselves well-informed about the current..
Sofia Airport has been officially renamed to Vasil Levski Airport at a solemn ceremony on February 19 . The ceremony was attended by Deputy Prime Minister..
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