SMEs will be able to receive credit from commercial banks with an 80% guarantee from the Fund of Funds, the remaining 20% will be a risk borne by the bank itself.
The measure is part of the recovery programme announced today by Minister of Economy Kiril Petkov and Minister of Finance Assen Vassilev.
The credit amount will be up to 70% of the company’s turnover for 2019 or 2020, or up to 3 million Leva. The first agreements have already been signed between the Fund of Funds and the commercial banks.
The programme aims to facilitate businesses’ access to credit for resuming their activities after the gradual lifting of the Covid-19 restrictions.
The government will gradually evacuate Bulgarians from Lebanon. Preparation for the air evacuation of Bulgarian citizens wishing to leave Lebanon is underway. The decision was taken at a meeting convened by caretaker Premier Dimitar Glavchev with the..
Travelling to Israel and staying in the country should be avoided, except in case of emergency, the Bulgarian Ministry of Foreign Affairs said. All citizens arriving in or departing from Israel via Ben Gurion Airport are advised to approach..
There is no need for a mediator in relations between Bulgaria and North Macedonia, MEP Andrey Kovatchev told BNR on the occasion of Hungarian Prime Minister Viktor Orbán's proposal to mediate between Sofia and Skopje. Regarding the decoupling..
On Sunday a cold atmospheric front will pass through the country. In the morning, the cloudiness will begin to increase rapidly from..
During a short meeting on the sidelines of the UN General Assembly in New York, Bulgarian caretaker Minister of Foreign Affairs Ivan..
The caretaker government has adopted National Program for Prevention and Protection from Domestic Violence for the period 2024-2026 ,..
+359 2 9336 661