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.
A huge criminal network trafficking cultural artefacts and laundering money has been dismantled by the Bulgarian Prosecutor's Office, the General Directorate for Combating Organised Crime (GDBOP), Europol, and the Italian Carabinieri , BGNES reported...
GERB will offer Christmas bonuses for pensioners in the amount of 120 lev (61.36 euro), party leader Boyko Borissov said on the sidelines of parliament. According to him, funds for pensioners will be found in the state budget...
“Podkrepa” begins a series of protest actions in key state administrations across the country, BGNES reports. The first of them is today at noon in front of the Central Office of the National Statistical Institute in Sofia and in..
I have spoken many times with Minister of Foreign Affairs of North Macedonia Timčo Mucunski. He knows our position very well. His role..
Bulgaria will not have to bail out eurozone countries that are experiencing difficulties. This is what Lilyana Pavlova, former vice..
Bulgaria welcomes the consistent efforts of the US and President Donald Trump to establish a just and lasting peace in Ukraine, the..
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