Within two weeks, the Bulgarian Development Bank will have a new management, the caretaker Minister of Economy Kiril Petkov has told BNR. The reason he pointed out was the sum of nearly half a billion euros distributed to eight clients and another 900 million to another twelve under unknown conditions.
"This is absolutely inappropriate use of state funds aimed to support small and medium-sized businesses," the minister said, adding that "there is a terrible delay and lack of information." He also said that he introduced a limit of BGN 5 million (about 2.5 million euros) for loans, which would be used primarily by export-oriented small and medium-sized companies.
On Friday minimum temperatures will range between 14° C., and 18° C., for Sofia 15° C. Tomorrow will be predominantly sunny with a more significant accumulation of clouds in the afternoon over Eastern Bulgaria where there will be occasional rain..
“We are witnessing an intensification of the Russian hybrid war against Bulgaria,” Assoc. Prof. Momchil Doychev, co-chairman of the Atlantic Council in Bulgaria said at a press conference, the Bulgarian news agency BTA reports. “This war is..
Data from the beginning of the year put Bulgaria among the top 10 EU countries in the increase in the number of tourists, said Minister of Tourism Miroslav Borshosh at the opening of the forum Erlebe Bulgarien in Sunny Beach near Varna on the..
Only 6% of Bulgarians lead a healthy lifestyle, according to a sociological survey conducted by the Research Center Trend, commissioned by the Health..
Bulgarian mother Mika Koleva and her children were forced to leave Northern Ireland after her home in Ballymena, County Antrim, was attacked by..
Bulgaria's Road Infrastructure Agency has announced that environmental activists have withdrawn their complaints and terminated the cases related to the..
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