Send to Kindle
The Council of Ministers has proposed that Parliament ratify a guarantee for the EUR 100 M withdrawn by the Bulgarian Development Bank (BDB) from Germany’s KfW, reported the government’s press centre.
The credit contract is part of a series of loans of BDB with which it secures funds from international banks for the implementation of the National Energy Efficiency Programme for multi-family residential buildings.
The ratification of the guarantee, payable on first demand, is a precondition for the granting of the funds.
The option of issuing a guarantee has been stipulated in the State Budget Act for 2016.
Fitch Ratings has upgraded the long-term credit rating of the Bulgarian Development Bank (BDB) from 'BBB' to 'BBB+', assigning it a stable outlook
The Sofia City Court has granted permission for the issuance of a European Arrest Warrant for Bulgarian national Stoyan Mavrodiev, the former executive director of the Bulgarian Development Bank (BDB)
Stoyan Mavrodiev, the former head of the Bulgarian Development Bank (BDB), has been declared a national wanted person
In the case surrounding a nearly 150 million leva loan from the Bulgarian Development Bank (BDB) to a company linked to Rumen Gaitanski - "The Wolf", three individuals have now been charged
Yesterday, authorities from the Anti-Corruption Commission, along with prosecutors and police, conducted operations at properties and offices linked to businessman Rumen Gaitanski, known as "The Wolf"
Fitch Ratings announced on October 1 that they had affirmed Bulgarian Development Bank AD's (BDB) Long-Term Issuer Default Rating (IDR) at 'BBB'.
Bulgaria’s annual inflation rate climbed to 4.4% in June 2025, marking its highest point since December 2023
Deputy Finance Minister Metodi Metodiev described the recent upgrades to Bulgaria’s credit rating by three international agencies as a clear sign of growing investor confidence
The Bulgarian National Bank (BNB) will begin issuing commemorative coins in euros starting next year
The European Council's decisions from July 8, 2025, marked the final approval for Bulgaria to adopt the euro as its official currency starting January 1, 2026
The Bulgarian National Bank (BNB) projects that Bulgaria’s real GDP will continue expanding steadily over the coming years
Two leading global credit rating agencies, Fitch Ratings and S&P Global Ratings, have raised Bulgaria’s long-term foreign currency credit rating to ‘BBB+’ with a stable outlook, marking the highest level in the medium investment-grade tier
Operation Rising Lion: Why and How Israel Attacked Iran
EU Population Grows by Over a Million, While Bulgaria Continues to Shrink
