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.
"Yes, Bulgaria" party (part of "Democratic Bulgaria") have defined the budget for next year as an "economic tsunami". MP Ivaylo Mirchev was firm that the pary will oppose it when the project comes up for discussion in parliament. "Yesterday we were..
Bulgarian President Rumen Radev has presented the national flag to the participants in the 34th Bulgarian Antarctic Expedition. At a ceremony in the Hall of Arms, the flag was accepted by the head and doyen of Bulgarian research in the White Continent,..
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International Monetary Fund, at the high-level conference in Sofia titled ''Bulgaria on the Doorstep of the..
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..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the..
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