The Board of Directors of the Bulgarian Development Bank - BDB have refused to provide access to the files of companies with large loans, Minister of Economy Kiril Petkov said. He has informed the Bulgarian National Bank over the case and reiterated that there were no concerns about the liquidity of BDB. On the contrary, the treasury has funds that should be immediately invested in support of small businesses, he says.
The Management Board of BDB said that they had provided detailed financial information to the members of the new Audit Committee appointed by Minister Petkov. BDB has also sent an inquiry to the BNB as to whether it has the right to provide access to the Audit Committee to information constituting banking secrecy.
The legal trial of the deaths of 18 refugees who died of suffocation in a truck found near the Sofia village of Lokorsko in February 2023 cannot begin . The reason is the lack of a response from the embassy in Afghanistan. It is not clear when the trial..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT), which is part of Sofia University, will be a co-organizer of the Physics-IQ Challenge competition, the university announced. The competition will be part of the..
US investors are in Sofia this week for talks with Bulgarian authorities on the expansion of the Chiren gas storage facility in northwestern Bulgaria - a project that could become a new battleground between supporters and opponents of Russian natural gas..
Job offers in all sectors of the Bulgarian economy are decreasing in July, according to the analysis of a leading online job posting platform in the..
Amendments to Bulgaria’s Road Traffic Law, published in today's issue of the State Gazette, will come into force in one month. From 5 September,..
More than 4 , 500 of woodland in Pirin has been destroyed by the wildfires after July 25. There are still local outbreaks on the ground, said..
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