“One of the 8 companies which are the biggest borrowers from the Bulgarian Development Bank, with a loan amounting to a total of 1 billion Leva, is going to repay 40 million Leva of its debt early,” said Minister of Economy in the caretaker government Kiril Petkov.
“I hope that this 40 million will go to at least 40 companies, I would even say – 400,” Minister Petkov said.
Kiril Petkov announced the names of the bank’s new management, and added that from now on it will focus on supporting small and medium-sized businesses, with priority given to startups and enterprises for innovative projects.
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The Finance Ministry has confirmed that Minister Petkova will participate in the Eurogroup meeting on 17..
Minimum temperatures on Monday will be between minus 4 and 1°C. In Sofia it will be around minus 3°C. The mercury will hover between -3 and 0 °C in the north. Maximum temperatures in southern Bulgaria will be between 2 and 7°C. In the capital it will..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It was organised by the movement "For a Free Russia" - an association of Russian immigrants in..
Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic..
Bulgaria’s Premier Rosen Zhelyazkov convened an emergency meeting at the Council of Ministers on Saturday dedicated to the issue of food prices...
Bulgaria's Minister of Foreign Affairs, Georg Georgiev, participated in a working breakfast dedicated to addressing illegal migration and its..
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