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.
Sofia’s South Park II hosts the fifth edition of the Asian Festival dubbed “United in Diversity”. The event attracts a large Bulgarian and international audience and becomes a true celebration of Asian cultures. The festival is organized by the..
''Bulgaria needs young people who have gone abroad, received a good education and become accustomed to the discipline of modern life in Europe and around the world to return and bring their skills back home. This will transform the business..
A coordination center was established yesterday at the Ministry of Foreign Affairs in connection with the situation in the Middle East. The Bulgarian government is receiving real-time information on everything that is happening and is in contact with..
Bulgarian citizens in the territory of the State of Israel are advised to remain calm, strictly adhere to the instructions of the Israeli Civil Defense ,..
According to a survey by sociological agency Sova Harris conducted in June, the government’s information campaign on the country’s entry into the..
“The military conflict between Israel and Iran is a threat to the security of the entire region,” said PM Rosen Zhelyazkov and expressed the hope..
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