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.
The President of the Democratic Republic of Timor-Leste, José Ramos-Horta, is on a working visit to Bulgaria. This is the first bilateral visit since the establishment of diplomatic relations between Bulgaria and East Timor in 2003...
On April 23 and 24 from 10 a.m. to 4 p.m. the movement of all vehicles through the Petrohan Pass - Road II-81 will be limited because the removal of trees within the boundaries of the road. While the necessary activities are being carried out in the..
The leader of "Save Sofia" Boris Bonev announced at a briefing that the regional political party is withdrawing its trust from the mayor of the capital, Vasil Terziev. It is also leaving the coalition with "We Continue the Change" -..
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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