The Bulgarian state is increasing its participation in the Bulgarian Development Bank - BDB. The capital increase is by EUR 350 million. The funds are given to the BDB for the implementation of support measures for small and medium-sized enterprises affected by the COVID-19 pandemic. The aim is to limit the risks of liquidity crises and to offer preventive support to businesses also by sharing risks with commercial banks in the country. The BDB will provide access to financing to support turnover and operations, will provide portfolio guarantees to banks, and they will provide more flexible conditions for business loans, over a specified period and under individual conditions based on each case, the Bulgarian cabinet has announced.
Cloudy weather with rain and snow On Monday there will be considerable clouds over most of the country, with rain and snow in some parts of Bulgaria. There will be a light, in the Eastern part of the country to moderate Northerly wind...
The most widespread breach ascertained during the verification of the results from the latest election for parliament is connected with the registering of the valid and the invalid votes, Alexander Andreev, former chairman of the Central Election..
“A pair of storks, plus a solitary bird probably awaiting its partner, flew to the two nests next to the Holy Prophet Elijah church at dusk yesterday,” said Mayor Tatyana Georgieva. The village had only just put on their martenitsas , she joked,..
Household electricity prices will not go up with the planned liberalization of the electricity market for household consumers as of 1 July this year,..
Sunday will be cloudy. A cold atmospheric front from the west will bring rainfalls. In the western mountainous regions of Bulgaria,..
On the day of the third boycott of large retail chains their turnover increased by over 1 million euros, according to data from the..
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