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.
Our country has a six-month deadline until the end of August 2025 to restart the process of adopting the laws related to the Recovery and Resilience Plan. This will be done in an attempt to save most of the second payment under the plan,..
The Ministry of Interior is performing well. There has been an increase in the amount of seized drugs and human traffickers caught at the Schengen borders , Minister of Interior Daniel Mitov said in response to a journalist's question about how the..
Sofia Mayor Vasil Terziev and Deputy Mayor of Sofia for Finance Ivan Vasilev met in Bulgaria's capital with the European Bank for Reconstruction and Development Associate Director Donald Mishaxhiu. The purpose of the meeting was to explore..
On Wednesday, minimum temperatures will range between minus 5° C. and zero, lower in the Northeastern parts of the country where they will drop down..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security..
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