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.
Blind ultrarunner Victor Asenov has officially become part of the Everesting Hall of Fame, Sportal.bg reports. Between March 21 and 23, the ''Invictus'' Victor Asenov completed 19 consecutive ascents from Aleko Hut to Cherni Vrah Mount on..
Bulgaria has asked to withdraw its request to the European Commission for the second payment under the National Recovery and Resilience Plan, the Commission confirmed to BNR. The request was submitted yesterday following coordination with the..
Border Police remind that major repairs are underway on the Bulgarian section of the Danube Bridge in Ruse, and because of this, a temporary traffic organization has been implemented. Traffic is in one lane with a regulated flow, controlled by the..
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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