The Bulgarian state is increasing its participation in the Bulgarian Development Bank - BDB. The capital increase is by EUR 350 million. The funds are given to the BDB for the implementation of support measures for small and medium-sized enterprises affected by the COVID-19 pandemic. The aim is to limit the risks of liquidity crises and to offer preventive support to businesses also by sharing risks with commercial banks in the country. The BDB will provide access to financing to support turnover and operations, will provide portfolio guarantees to banks, and they will provide more flexible conditions for business loans, over a specified period and under individual conditions based on each case, the Bulgarian cabinet has announced.
On Wednesday , the lowest temperatures will be between 7 and 12°C. In Sofia it will be around 8°C. Before noon it will be sunny. In the afternoon, rainy clouds will develop over the western massifs and there will be short-term rain..
The European Commission has announced that it has received a request from Bulgaria to revise its national recovery and resilience plan. The Commission will examine the request, submitted by the country on 16 April, and forward it to the EU Council for..
The state cannot afford to increase public sector salaries by 10% this year, as demanded by trade unions. This was stated by Social Affairs Minister Borislav Gutsanov. The minister pointed out that taxes had not been changed, while pensions had been..
On his last Easter, Pope Francis appeared before the faithful wearing an omophorion that he received as a gift during his visit to Bulgaria in 2019...
Citizens will tonight show their solidarity with the Roma families from the Zaharna Fabrika neighbourhood in Sofia who were left homeless after their..
"I am deeply saddened by the passing of His Holiness - a true friend of Bulgaria and a global symbol of peace, compassion and unity," Prime Minister Rosen..
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