Within two weeks, the Bulgarian Development Bank will have a new management, the caretaker Minister of Economy Kiril Petkov has told BNR. The reason he pointed out was the sum of nearly half a billion euros distributed to eight clients and another 900 million to another twelve under unknown conditions.
"This is absolutely inappropriate use of state funds aimed to support small and medium-sized businesses," the minister said, adding that "there is a terrible delay and lack of information." He also said that he introduced a limit of BGN 5 million (about 2.5 million euros) for loans, which would be used primarily by export-oriented small and medium-sized companies.
A total of 59 people lost their lives and 155 were injured in a fire that flared up during a concert by the popular band DNK in North Macedonia last night. The fire erupted at the Pulse club in the town of Koçani, 65 km from the Bulgarian border. Some of..
Overnight, clouds over the north and east will bring brief showers. There will be light to moderate westerly winds which will increase in strength on Monday, veering north-west and bringing in cold air. Showers will be widespread, especially in the..
The Bulgarian Ministry of Foreign Affairs confirmed that there are no reports of Bulgarian citizens being injured in the fire in the Macedonian city of Kočani. The Bulgarian Embassy in Skopje is in constant contact with Macedonian authorities and..
Bulgarian citizens and road hauliers should avoid traveling to Serbia on March 15 and 16 except in cases of extreme necessity , until the protest actions..
A protest is taking place in Sofia to demand maximum sentences for a man and a woman who killed animals in a particularly cruel way. So far, nearly..
Europe must continue to plan in a collective and coordinated manner its next steps in ensuring a just and lasting peace in Ukraine . Together with our..
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