Bulgaria is not in danger of bankruptcy. It is not in danger of the International Monetary Fund's intervention either . T here is no need to take out new loans, caretaker Minister of Finance Rositsa Velkova said for the BNT with regard to..
An agreement for an investment loan of 50 million euros was signed between Sofia Municipality and the European Investment Bank , BNR's Evelina Stoyanova reports. The funds will be used for the repair and construction of 690,000 square metres of pavements..
A sharp increase in the prices of fuels and raw materials and possible disruptions in their regular supply can affect economic activity, affect the ability of borrowers to service their loans and subsequently lead to an increase in bad loans and asset..
On March 14, the Bulgarian National Bank (BNB) is holding the first auction in 2022 for the sale of government bonds with a maturity of 3.5 years. The state loan totals EUR 250 million. In November 2021, BNB held an auction for the sale of..
“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..
The caretaker Minister of Economy Kiril Petkov has issued an invitation for a meeting with representatives of the 8 companies that received the largest loans from the Bulgarian Development Bank totalling over 470 million euros. Petkov said the meeting..
Sofia municipality is to take out a 60 million euro investment loan from the European Investment Bank, the Sofia municipal council has decided. The money will go for the construction of inner rings to take traffic out of the city centre,..
More than 107,000 loans are subject to a temporary moratorium due to the economic consequences of Covid-19 at the end of July. This is clear from data of the Bulgarian National Bank , BNR reports.The total value of these loans is over nine billion levs..
The management board of the Bulgarian National Bank has approved a procedure for deferring and settling outstanding liabilities to commercial banks in light of the state of emergency introduced in Bulgaria on March 13, 2020 . According to the document,..
The European Bank for Reconstruction and Development will provide a state-guaranteed loan to Bulgaria to the tune of EUR 300 million. The money will fill the reserve of the Bulgarian Deposit Insurance Fund. The loan is for a term of nine years. The..
