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 Chair of the NATO Military Committee, Admiral Giuseppe Cavo Dragone, arrived in Bulgaria at the invitation of the country's Chief of Defence, Admiral Emil Efimov, the Ministry of Defence announced. On 15 July, at the Novo Selo training ground,..
Overnight, cloudiness will increase in the western parts of Bulgaria, while in the rest of the country it will remain mostly clear. On Tuesday, more significant cloud cover is expected over Western and Central Bulgaria. In the afternoon, cloud cover..
Bulgaria’s candidate for judge at the Court of Justice of the European Union , Associate Professor Alexander Kornezov, has been approved , lex.bg reports. In line with the Treaty of Lisbon, a panel of seven jurists recognised for their expertise..
Demonstrations in support of Varna Mayor Blagomir Kotsev are set to intensify on Tuesday evening, expanding beyond Bulgaria to four major European cities...
The REXDAN ship, which is conducting a large-scale study of the configuration and dynamics of the Danube River - from the Black Sea to Vienna , has..
On Wednesday, the Council of Ministers adopted the Programme for the Support of Bulgarian Communities, Organisations and Media Abroad for 2025...
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