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INFORMATION ABOUT THE TEMPORARY INTEREST-FREE LOANS EXTENDED TO MUNICIPALITIES WITH FROZEN ACCOUNTS WITH CCB

17.09.2014

The temporary interest-free loans extended from the central budget to municipalities with frozen funds in Corporate Commercial Bank total BGN 28 million and are allocated as follows:

  • Municipality of Belitsa - BGN 7,700,000
  • Municipality of Bourgas - BGN 11,000,000
  • Municipality of Aytos - BGN 2,800,000
  • Municipality of Sozopol - BGN 4,500,000
  • Municipality of Rakovski - BGN 2,000,000

The Ministry of Finance is considering the requests for temporary interest-free loans received by 5 other municipalities for which there is a decision passed by the relevant municipal councils. These are the municipalities of Sliven, Gotse Delchev, Sungurlare, Simitli and Kazanlak. The funds planned to be disbursed total BGN 10 million.

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