“One of the 8 companies which are the biggest borrowers from the Bulgarian Development Bank, with a loan amounting to a total of 1 billion Leva, is going to repay 40 million Leva of its debt early,” said Minister of Economy in the caretaker government Kiril Petkov.
“I hope that this 40 million will go to at least 40 companies, I would even say – 400,” Minister Petkov said.
Kiril Petkov announced the names of the bank’s new management, and added that from now on it will focus on supporting small and medium-sized businesses, with priority given to startups and enterprises for innovative projects.
On Tuesday, the lowest temperatures will be between minus 5 and 0°C; in Sofia - around minus 5°C. It will remain cold and cloudy with snowfalls over most of the country and rainfall in the southeastern regions. The snow cover will..
Bulgaria’s President Rumen Radev named Sofia Airport after the Apostle of Freedom Vasil Levski, the press secretariat of the head of state announced. Thus, its official name becomes Vasil Levski Sofia Airport. According to the Constitution, the Head of..
The European Commission has decided to close the infringement procedure against Bulgaria for the non-implementation of its obligations to review and update the Second Flood Risk Management Plans and the Third River Basin Management Plans. A statement..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to..
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