Through its representative office in Sofia, the EC has announced that it approved a government-proposed 255 million-euro guarantee scheme in support of existing or new loans to small and medium-sized enterprises affected by the Covid-19 crisis. The scheme is designed to limit the risks associated with lending to businesses affected by the economic impact of the crisis. Guarantees will be provided only by the end of the year. They will be limited to a period of five years and will cover up to 80 percent of the respective loans.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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