The President of the Association of Banks in Bulgaria, Peter Andronov, said that the banking system in the country was stable and in recent years has accumulated buffers and reserves, which allow it to face difficulties in this period.
In the past ten days alone, payments on 25,000 loans have been deferred. Providing state-guaranteed non-interest-bearing loans have also started. In addition to the Bulgarian measures announced by the Development Bank, the companies have opportunities related to European programs. Such programs are being prepared by the European Investment Bank and the European Investment Fund, Peter Andronov added.
After years of preparation and research, actual drilling for oil and natural gas is starting in the Bulgarian part of the Black Sea. OMV Petrom, the largest energy producer in Southeast Europe, and NewMed Energy Balkan, a subsidiary..
The wheat harvest is 80% complete. With average yield of 586 kg per decare, almost 5.8 million tons of wheat have been harvested. Over 1 million tons of barley have been harvested with 95 percent of the areas harvested and over..
Democracy, the rule of law and respect for human rights are the pillars of Bulgarian diplomacy.This was what Prime Minister Rosen Zhelyazkov said at the ceremonial reception at the Boyana Residence on the occasion of the Day of the Bulgarian..
Bulgaria and six other EU member states have not signed a joint statement condemning Israel over the situation in Gaza. The statement was signed..
The U.S Department of State has made a determination approving a possible Foreign Military Sale to the Government of Bulgaria of Naval Strike..
According to forecasts by industry representatives, the introduction of the euro is expected to impact property prices in Bulgaria . Some predict price..
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