The Bulgarian Development Bank has been checking economic relation in loans granted by it. this happens after Delyan Peevski was sanctioned under the global "Magnitsky" Act. This was announced by the Minister of Economy Kiril Petkov during a hearing in the Parliament. When asked by MRF MP Yordan Tsonev, the minister answered that Peevski, as an individual, had not received any loans from BDB, but several companies are currently being investigated for possible connection with him.
Petkov said that the inspection revealed there were huge salaries for the management of the bank. One of the managers of the Bulgarian Development Bank received over EUR 239,000 of annual salary, and 30,000 euros in bonuses, BNR reporter Marta Mladenova informed.
President Rumen Radev has returned for a new discussion in parliament the adopted legal amendments, according to which the sale of assets of Russian company Lukoil in the country will take place after a decision of the Council of..
Nearly 24 hours after it was closed, Danube Bridge linking Ruse and Giurgiu is now open for trucks, regional governor Dragomir Draganov said. At 9 a.m. on November 5, trucks were allowed to pass through the facility. On November 4,..
The National Association of Tobacco Producers - 2010 opposes the proposal for banning public support for tobacco cultivation in the EU. A letter to the Ministry of Agriculture quotes the position of the largest European agricultural..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''...
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
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