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The Bulgarian Development Bank (BDB) has signed a new agreement for the issuing of a counter-guarantee with the European Investment Fund (EIF) under the COSME programme in support of small and medium-size enterprises in Bulgaria.
The aim is to facilitate access to long-term, low-interest credits to firms in the country, while simultaneously easing the requirements for the securing of collateral on credits, reported investor.bg.
BDB will now be able to cover up to 60% of the risk on the credits of commercial banks with which it is a partner.
The COSME programme is implemented with the support of the European Fund for Strategic Investments, also known as the Juncker plan.
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"
In 2023, the European Investment Fund (EIF) invested 782 million euros in Bulgaria
In an era dominated by technological advancements, the term "digital transformation" has transcended buzzword status, becoming an imperative for businesses seeking profitability, competitiveness, and operational efficiency
On May 14, 2025, the first conference in Bulgaria fully dedicated to the development and implementation of a Deposit Return System (DRS) was held at the Sofia Balkan Palace Hotel
The European Bank for Reconstruction and Development (EBRD) has introduced its Star Venture programme in Bulgaria
During the Investor.bg Banking Today conference, held on May 13 at the Inter Expo Center, Prof. Raul Eamets emphasized that Bulgaria is practically already linked to the euro due to the currency board
Turkey has significantly increased its natural gas exports, with a notable surge driven by the development of the Sakarya gas field in the Black Sea
Cryptocurrency Monero is the 2nd best performer of all coins listed on CoinMarketCap and the best performer of the top 50 coins, having risen 57% since the turn of the year.
Bulgaria has reported a deflation rate of -0.8% for April 2025, with annual inflation recorded at 3.5%
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase
