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Money WEDNESDAY, 8 April 2009

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Bulgaria's PM Calls on Banks: Give Credits


Bulgaria's PM Sergei Stanishev appealed to the banks in Bulgaria to give bank credits to the Bulgarian real sector and households in conditions of economic crisis. To PM Stanishev's words, this move would be quite helpful to them in times of global crisis.
PM Stanishev handed in the big award for managers in the Next Generation competition. The PM stressed that the Bulgarian banking system remained stable and the country's financial sector was not as deeply affected by the world economic crisis as it was in other European states. Stanishev emphasized that talent should be encouraged and assisted and thus prevent mediocrity find its way in life.
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