The Board of Directors of the Bulgarian Development Bank - BDB have refused to provide access to the files of companies with large loans, Minister of Economy Kiril Petkov said. He has informed the Bulgarian National Bank over the case and reiterated that there were no concerns about the liquidity of BDB. On the contrary, the treasury has funds that should be immediately invested in support of small businesses, he says.
The Management Board of BDB said that they had provided detailed financial information to the members of the new Audit Committee appointed by Minister Petkov. BDB has also sent an inquiry to the BNB as to whether it has the right to provide access to the Audit Committee to information constituting banking secrecy.
The 122nd anniversary of the Ilinden-Preobrazhenie Uprising will be marked today in the historical area of Petrova Niva in Strandzha. The celebration is being held under the auspices of President Rumen Radev, who will also participate in the event, the..
On Saturday minimum temperatures will range from 14°C to 22°C , around 17°C in Sofia. The day will be largely sunny, with some cumulus cloud building over the western half of the country during the afternoon. Moderate winds from the east-north-east will..
Prices must be displayed in the same font size for both currencies, with designations that are clear to the consumer. There is no requirement which currency is written first. This was stated by the Minister of Economy and Industry Petar Dilov after a..
A consortium of Azerbaijan's state company SOCAR and Turkish private holding Cengiz is the preferred candidate for the business of..
An organised criminal group trafficking drugs from Spain and the Netherlands to Turkey has been dismantled by the State Agency for National Security..
In the second quarter of 2025, Bulgaria's gross domestic product (GDP) grew by 3.1% compared to the second quarter of the previous year and by 0.7%..
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