The Minister of Innovation and Growth, Rosen Karadimov, has not given up on the idea of the Bulgarian Development Bank (BDB) granting preferential loans to those working in the public sector. In an interview with BNT, he said that his idea was misinterpreted as a bonus for civil servants.
The BDB will try to develop a financial market product through which public sector employees entitled to retirement benefits can use part of what is owed to them early in the form of a low-interest loan or other financial instrument, he said. "In this way the state bank will intervene in the social infrastructure to strengthen the human resources potential in key areas," he added and specified that this concerns firefighters, policemen, teachers, military.
Bulgaria has the opportunity to reap the full benefits of eurozone membership , but this will require stronger fiscal discipline, effective management of transition risks, and accelerated structural reforms , the International Monetary Fund (IMF)..
In mid-September, the traditionally great Christian feast of the Holy Cross (September 14) marks the beginning of one of the most anticipated agricultural processes – the grape harvest campaign. 2025 is no exception, but due to a number of factors, the..
Bulgaria's Ministry of Finance placed 7-year government securities on the domestic market for 300 million leva. (144 million euros) and an interest rate of 3.25%. The submitted purchase orders amounted to 446 million leva with a coverage ratio of 1.49...
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