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.
The Ministry of Interior is planning changes to the guidelines for the use of body cameras by police, as well as additional training for the staff regarding apprehension procedures. This was announced after a meeting between the Ministry..
According to a survey by sociological agency Sova Harris conducted in June, the government’s information campaign on the country’s entry into the Eurozone is unconvincing, the Bulgarian news agency BTA reports. 60.1% of the respondents say that by..
"We are following with deep concern the latest developments in the Middle East and the escalation of tensions between Israel and Iran . Bulgaria is concerned about any actions that increase the risk of a broader conflict in the region" ,..
Bulgarian mother Mika Koleva and her children were forced to leave Northern Ireland after her home in Ballymena, County Antrim, was attacked by..
“We are witnessing an intensification of the Russian hybrid war against Bulgaria,” Assoc. Prof. Momchil Doychev, co-chairman of the Atlantic..
Data from the beginning of the year put Bulgaria among the top 10 EU countries in the increase in the number of tourists, said Minister of Tourism..
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