Prime Minister Boyko Borissov announced that he had ordered the dismissal of the CEO and the board of the Bulgarian Development Bank.
The Bulgarian prime minister stated that the reason for this decision was that the bank granted a loan of EUR 32.5 million /BGN 75 million/ to a company with a revenue of EUR 1,000 /BGN 2,000/.
Yesterday Deputy Prime Minister Tomislav Donchev urged the bank to explain why it has granted a multi-million credit to a company with no activity or assets as security for such a debt.
The overall consumer confidence index in October 2025 fell by 4 points compared to July, the National Statistical Institute has reported. In July, the indicator decreased by 4.7 points compared to April. In October, there was an..
By mid-December, all military units in the country will be equipped with drone control simulators, said Major General Deyan Deshkov, Commander of the Land Forces, at the Lyulyak training ground near Stara Zagora. He clarified that the drones have..
Swiss commodity trader Gunvor said it has withdrawn its proposal to buy Lukoil’s foreign assets, including the refinery in Burgas, after the U.S. Treasury called it Russia’s ‘puppet’, Reuters reported. Prime Minister: Bulgaria has a..
Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the..
The police have neutralized an organized crime group that transported migrants from Burgas through Sofia to the Serbian border, Sofia..
The majority in parliament overcame the president's veto on the Investment Promotion Act. The bill was passed in second reading on..
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