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.
Holding elections after entry into the Eurozone would be catastrophic for Bulgaria and would mislead our colleagues in Europe who have been treating Bulgaria so fairly and who have been fulfilling their commitments towards us, said GERB leader Boyko..
Around 50 Bulgarians want to be evacuated from Israel because of the escalation of tension in the Middle East, Foreign Minister Georg Georgiev said in Plovdiv, Yanitsa Marova from BNR’s Radio Plovdiv reports. He added that the lists are constantly..
A total of 20 beaches in the Dobrich municipalities of Shabla, Kavarna and Balchik will be left unguarded during the summer season, BNR’s correspondent Maya Raynova reports. The regional governor has expressed the hope that the state will take over..
Just a week after receiving the positive convergence reports on Bulgaria’s entry into the Eurozone, all major financial funds have stated their..
The 18 th edition of Sofia Pride is taking place in Sofia today under the motto: We are people, not propaganda, a reminder that behind every story,..
Galin Tomov created an impressive portrait of President Donald Trump especially for his birthday (June 14) on a carpet, using a traditional Bulgarian..
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