No one in the Bulgarian Development Bank can give loans of 50 million euros anymore, as the institution has a new statute, Minister of Economy Kiril Petkov has told BNT.
It has been recently established that the bank distributed loans totaling over 500 million euros to eight private companies. According to the minister, the battle aimed at making BDB work only for small and medium-sized businesses seems to be over.
Kiril Petkov also starts inspections of several dams, because initial indications seem alarming, "just like those in BDB". According to him, the State Consolidation Company invested over 300 million euros in the repair of dam walls and facilities with the idea to restore more than 400 dams, but so far only ten have been repaired.
The Ministry of Finance published the 2025 draft budget and the medium-term budget forecast for the 2025-2028 period. The projected deficit for 2025 is up to 6.4 billion BGN (EUR 3.3 billion), which is 3% of GDP. Expenditures will not exceed 40% of..
A commemorative ceremony today in the center of Sofia will mark the 152nd anniversary of the death of Bulgarian national hero Vasil Levski. The solemn ceremony in front of the Monument to the Apostle of Freedom will begin at 6:00 p.m. Citizens will..
On Wednesday, the lowest temperatures will range between minus 8°C and minus 3°C, for Sofia around minus 7°C . During the day, snow showers in the northeastern regions will begin to stop, but in southeastern Bulgaria it will still snow in many places...
The latest technological solutions, products and projects in the field of agriculture and agro-industry will be presented at the "Agra..
The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the..
The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This..
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