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 tenth anniversary edition of the folklore festival of Bulgarians abroad "On the Town Square of the Other Bulgaria" will be held on June 6, 7 and 8 in the French city of Lyon, returning to the place where all started back in 2015...
Writer Krastyo Ribarov celebrates his 102nd birthday today. According to the 2021 Guinness World Records, he is the oldest author-storyteller, who published his first book - a collection of humorous stories, at the age of 98, reports..
On Friday before noon, the cloudiness will temporarily decrease, but in the afternoon there will be clouds again. In many places in the western part of the country, there will be short-term precipitation and thunderstorms. The..
According to data from the Ministry of Labor and Social Policy, the average salary in Bulgaria during the first quarter of 2025 amounted to 2,443 BGN..
Joining the Eurozone, which includes 20 major European economies, will have an impact for the next 10, 20, 30 years, Bulgaria’s Premier Rosen..
The balances in all bank accounts in Bulgarian levs will be automatically converted to euros from the date of the country's accession to the eurozone at..
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