Through its representative office in Sofia, the EC has announced that it approved a government-proposed 255 million-euro guarantee scheme in support of existing or new loans to small and medium-sized enterprises affected by the Covid-19 crisis. The scheme is designed to limit the risks associated with lending to businesses affected by the economic impact of the crisis. Guarantees will be provided only by the end of the year. They will be limited to a period of five years and will cover up to 80 percent of the respective loans.
The majority in parliament overcame the president's veto on the Investment Promotion Act. The bill was passed in second reading on October 24, but President Rumen Radev vetoed parts of it, arguing that the proposed rules specifically..
Deputy Prime Ministers and Ministers of Transport Grozdan Karadzhov and Aleksandar Nikoloski signed an agreement in Gyueshevo for the construction of a railway tunnel between Bulgaria and the Republic of North Macedonia. The facility..
The police have neutralized an organized crime group that transported migrants from Burgas through Sofia to the Serbian border, Sofia District Prosecutor Natalia Nikolova said at a briefing. She indicated that 13 addresses were..
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