Republicans Propose Low-Interest Loan for Military Aid to Ukraine
US Senator Lindsey Graham expressed confidence that Congress will soon approve an aid package for Ukraine, albeit likely in the form of a low-interest loan rather than grants.
The European Bank for Reconstruction and Development has signed a EUR 5.5 M loan with Billboard AD, a major Bulgarian provider of printing and outdoor advertising solutions.
The EBRD loan will help the company improve its capital structure by increasing the share of long-term debt and matching the debt profile to current and future cash flows, the bank said in a statement.
A portion of this new funding will help complete Billboard's investments aimed to further broaden the company's product portfolio in its drive to meet increasing local and international demand.
Billboard is a publicly-listed company and together with its regional subsidiaries employs 440 staff.
The EBRD loan to Billboard is being arranged under the EBRD–Italy Local Enterprise Facility, an investment instrument providing long-term financing to small and medium-sized enterprises whose needs are not sufficiently addressed by existing financing facilities.
LEF was introduced in Bulgaria from January 2011, following several successful years in Albania, Bosnia and Herzegovina, Croatia, FYR Macedonia, Montenegro, Turkey and Serbia.
Since the beginning of its operations in Bulgaria, the EBRD has committed over EUR 2.5 B in 205 projects in various sectors of the economy, mobilizing additional investment in excess of EUR 5.7 B.
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Passengers can now book tickets for attractions, museums, tours, sports matches, live events and theater performances through the Wizz Air website and app
It's that time of year when the sun rises earlier, the days are warmer, and the desire for rest and adventure calls more and more often
The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
In a significant stride towards enhancing connectivity between Turkey and Bulgaria, the launch of direct flights between Istanbul and Sofia marks a milestone in air travel
As the clock ticks down to midnight tonight, Bulgarians are reminded that April 30th marks the final day for filing their 2023 personal income tax returns
Bulgaria's National Bank has disclosed the country's external debt figures, revealing a notable increase in gross foreign debt at the end of February 2024
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022