Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

BDB gave about 1.5 billion euros to 20 persons according to unclear criteria

Photo: Ani Petrova

Within two weeks, the Bulgarian Development Bank will have a new management, the caretaker Minister of Economy Kiril Petkov has told BNR. The reason he pointed out was the sum of nearly half a billion euros distributed to eight clients and another 900 million to another twelve under unknown conditions.

"This is absolutely inappropriate use of state funds aimed to support small and medium-sized businesses," the minister said, adding that "there is a terrible delay and lack of information." He also said that he introduced a limit of BGN 5 million (about 2.5 million euros) for loans, which would be used primarily by export-oriented small and medium-sized companies.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Monday will be cloudy with showers

Monday will be mostly cloudy. In some areas, especially in Western and Northern Bulgaria, there will be rain showers. Minimum temperatures will be between 4°C and 9°C, around 6°C in Sofia, while maximum temperatures will be between 17°C and 22°C, around..

published on 3/23/25 6:23 PM
The protest in Sofia featured slogans such as

Citizens protest, demanding the harshest penalties for animal abusers

Hundreds of citizens have once again protested against animal cruelty in Plovdiv and Sofia. The protesters demanded that Gabriela Sashova and Krassimir Georgiev from Pernik, who sadistically tortured and killed hundreds of cats, rabbits, guinea pigs,..

published on 3/23/25 2:26 PM
Atanas Zapryanov

War minister calls for compulsory military training for people working with firearms

Those in professions where weapons are used should undergo compulsory military training. This is being considered by the Ministry of War, Minister Atanas Zapryanov told BNR. "Our idea is that compulsory military training should not be understood as..

published on 3/23/25 12:53 PM