The European Bank for Reconstruction and Development will provide a state-guaranteed loan to Bulgaria to the tune of EUR 300 million. The money will fill the reserve of the Bulgarian Deposit Insurance Fund. The loan is for a term of nine years. The EBRD provides a grace period of six years under that loan. Thus, the Bulgarian Deposit Insurance Fund will receive a greater financial independence and long-term sustainability. On March 18 the World Bank approved a loan worth EUR 300 million. It became clear that the money will be used for the improvement of the financial and the institutional capacity of the fund. This is the first project financed by the World Bank in Bulgaria since 2009. The loan is for a term of 10.5 years and the grace period is six years.
On Tuesday , sunny weather will prevail with temporary increases in cloudiness, more significant over the southern regions of Bulgaria but without significant precipitation. The wind will be light mainly from the north-northeast...
Syrian citizens protested in Sofia demanding that the issuance of humanitarian visas for their families be expedited . The protest was held in front of the building of the Ministry of Foreign Affairs, reporter Dobromir Videv reported. The..
The leader of the GERB party Boyko Borisov met in Düsseldorf with the CEO of the defense concern Rheinmetall Armin Paperger . During the conversation, it became clear that in the next three weeks the contracts for the establishment of a joint..
A van carrying 24 migrants, driven by a Bulgarian driver, was intercepted last night near the village of Lozenets (Tsarevo Municipality), Border..
The state-owned natural gas distribution company Bulgargaz proposed that the price of natural gas for September be set at BGN 60.99 (EUR 31.18) per..
The Ukrainian community in Bulgaria marked Ukraine’s Independence Day. On this occasion, the building of Sofia Municipality was illuminated in the..
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