Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian Development Bank management dismissed

Bulgarian Development Bank
Photo: BGNES

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. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgaria marks World AIDS Day with various events in Sofia

On the occasion of World AIDS Day, observed on December 1, volunteers from the Bulgarian Red Cross Youth in Sofia will light tealights on the Lovers' Bridge to form a ribbon representing solidarity with the victims and carriers of the disease...

published on 12/1/24 11:04 AM

Weather forecast: Temperatures continue to drop

Over the next 24 hours the weather will continue cloudy, with rain mostly in the Southwestern half of the country and sleet in high plains. The precipitation over Mounts Rila and the Rhodopes will be considerable. There will be a moderate, in..

published on 11/30/24 6:15 PM

A Kilogram of Kindness collects food for people in need

The Bulgarian Food Bank’s Kilogram of Kindness food drive, is collecting food for the needy for the 12th consecutive time. Four to seven tons of food with a longer shelf lifeis expected to be collected – such as rice, lentils,..

published on 11/30/24 4:44 PM