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.
As of 1 December until the end of February, driving an old car in the centre of Sofia will be subject to a EUR 25-100 fine. The fines for legal entities will be 10 times higher – from EUR 500 to EUR 1,000. The low emission zone was put in place..
The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for coordinating the budget, Ivaylo Mirchev from Democratic Bulgaria said in an interview with public service..
A campaign against street violence named Stand Up will be held today and tomorrow under the dome of Sofia's Largo, said the Regional History Museum – Sofia. It turns out that over 80% of women worldwide have experienced some form of street..
The average gross annual salary in Bulgaria in 2023 is 24,485 BGN (EUR 12,519) which is an increase of 15.3% compared to 2022, according to data from..
The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for..
During the night it will be cloudy with rainfalls in the western and central regions of Bulgaria, as snowfalls are possible in the..
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