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.
In the first quarter of 2025, GDP grew by 3.1% compared to the first quarter of 2024 and by 0.6% compared to the fourth quarter of 2024, the National Statistical Institute announced. Converted into euros, GDP is 23.324 billion..
The position of the Republic of Bulgaria is clear. We have no bilateral issue with the Republic of North Macedonia. This was what Prime Minister Rosen Zhelyazkov said in parliament and recalled that last week the National Assembly..
Bulgaria will send a new request for a second payment under the National Recovery and Resilience Plan in July, Deputy Prime Minister and Minister of Innovation and Growth Tomislav Donchev announced during parliamentary control...
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"I have sent letters to all presidents and prime ministers of EU member states, in which I describe the real situation in our country — inflation, the..
The Bulgarian National Radio Symphony Orchestra undertook effective protest action, as shown in videos of their June 6 concert at Bulgaria Hall, which..
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