More than 2.863 billion euros have been provided to 18,500 small and medium-sized companies by the Bulgarian Development Bank for the past 11 years, the institution reported.
On average, the bank supports about 590 small and medium-sized companies annually, the institution says, specifying that over 1.3 billion euros billion euros has been granted to 6,500 SMEs in the form of loans or other financial support, reporter Marta Mladenova said.
More than 12,000 other companies have received loan guarantees worth over 1.5 billion euros.
BDB points out that it has been audited by large and independent companies.
In 2022, 14.7% of workers in the EU were low-wage earners . By definition, low-wage earners are those who earn two-thirds or less of the average gross hourly wage in the country. Bulgaria had the highest share of low-wage earners (26.84%). This..
The European Commission hopes to have a positive decision this year on at least part of the second payment under the Recovery and Resilience Plan in the amount of 653 million euros for Bulgaria . This was stated by the Commission spokesman Maciej..
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A serious restrictive and even repressive attitude among Bulgarian society on the current issues of school education and upbringing is shown by an..
Foreign Minister Georg Georgiev today received at the Foreign Ministry Susan Falatko, who arrived in Sofia a few days ago as Charge d'Affaires of the U.S...
Friday will be mostly cloudy. Fog will cover the lowlands before midday. It will rain in some places, especially in southern Bulgaria. Minimum..
Scattered showers
Cloudy