Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Meeting of Economy Minister with large borrowers of loans from BDB fails

Economy Minister Kiril Petkov
Photo: BGNES

The meeting scheduled for today between the Minister of Economy Kiril Petkov and the eight largest borrowers of loans from the Bulgarian Development Bank (BDB) did not take place after none of the companies invited by Petkov appeared. The minister said six of them had sent written replies stating that they were repaying their loans regularly. No answers were received from the companies Blagoevgrad BT and Transpect AD.
Yesterday, Petkov's meeting with the bank's Supervisory Board failed after only Chairman Stamen Yanev appeared.
Petkov announced that there were signals from small and medium enterprises for refusals of loans to them from BDB, although the main focus of the bank's activities is the support for small and medium-sized enterprises.
The Minister announced that as of today the Bulgarian Development Bank will no longer grant loans greater than BGN 5 million /EUR 2.5 million/.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Sunny but cooler weather

Friday will be mostly sunny but windy. Cloud cover will increase from the south-west in the afternoon, with rain spreading across most of the country in the evening and continuing overnight. Minimum temperatures will range between 7°C and 12°C, around..

published on 5/8/25 7:05 PM

Prime Minister Rosen Zhelyazkov: Bulgaria meets all criteria for the eurozone

Prime Minister Rosen Zhelyazkov has highlighted the stability of public finances as a key element on the country's path to Eurozone membership. Speaking to Vice President of the Europe and Central Asia Region at the World Bank, Antonella Bassani,..

published on 5/8/25 6:12 PM

Law changes envisage emergency calls to 112 to be localized

The National Assembly has adopted important changes related to the National Emergency Call System - 112. They provide for the construction of a new generation of communication centers, which will be able to determine the exact location of people..

published on 5/8/25 5:38 PM