Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Meeting of Economy Minister with large borrowers of loans from BDB fails

Economy Minister Kiril Petkov
Photo: BGNES

The meeting scheduled for today between the Minister of Economy Kiril Petkov and the eight largest borrowers of loans from the Bulgarian Development Bank (BDB) did not take place after none of the companies invited by Petkov appeared. The minister said six of them had sent written replies stating that they were repaying their loans regularly. No answers were received from the companies Blagoevgrad BT and Transpect AD.
Yesterday, Petkov's meeting with the bank's Supervisory Board failed after only Chairman Stamen Yanev appeared.
Petkov announced that there were signals from small and medium enterprises for refusals of loans to them from BDB, although the main focus of the bank's activities is the support for small and medium-sized enterprises.
The Minister announced that as of today the Bulgarian Development Bank will no longer grant loans greater than BGN 5 million /EUR 2.5 million/.



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

Police busted a migrant smuggling ring operating from Syria and Iraq through Turkey

Sixteen people were arrested for trafficking illegal migrants, the Interior Ministry said. This operation was carried out by Bulgarian authorities on June 3. It took place in six districts of the country: Sofia, Burgas, Kardzhali, Stara Zagora, Haskovo..

published on 6/5/25 5:35 PM

Owners sought for the ferries "Heroes of Sevastopol" and "Heroes of Odessa"

The Bulgarian Maritime Training Center, is seeking state assistance to accelerate the procedures for the sale of the ferries "Heroes of Sevastopol" and "Heroes of Odessa" and the ship "Atanas Dimitrov", manager of the center, Dencho..

published on 6/5/25 4:42 PM
Georg Georgiev

Bulgaria will not back down from its conditions for EU membership of North Macedonia

Bulgaria will not back down from its principled position for EU integration of the Western Balkans and is respecting its commitments, but it also insists that the Republic of North Macedonia respects the agreements reached. This..

published on 6/5/25 3:10 PM