European Financial Institutions Division

 

  • Takes part in the preparation, negotiation, signing and subsequent ratification of loan agreements under government investment loans as well as of guarantee agreements between the Republic of Bulgaria and the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), the Council of Europe Development Bank (CEB) and others;
  • Takes part in the preparation, negotiation, signing and subsequent ratification of government investment loans as well as of guarantee agreements between the Republic of Bulgaria and government financial and credit institutions in the framework of the bilateral financial cooperation;
  • Performs coordination and ongoing control of the implementation of the loan agreements with multilateral and bilateral financial institutions;
  • Administers the implementation of Republic of Bulgaria's obligations under the Loan Agreement for Structural Programme Loan to the amount of up to EUR 700 million, intended for co-financing of EU Structural Instruments in the period 2007 - 2013, between the Republic of Bulgaria and EIB;
  • Administers the implementation of Republic of Bulgaria's obligations under the Finance Contract for the amount of up to EUR 500 million between the Republic of Bulgaria and EIB (Bulgaria EU Funds Co-financing 2014-2020) (SPL) for co-financing of projects implemented with EU funds for the period 2014 - 2020;
  • Coordinates the cooperation with European financial institutions and the participation of financial intermediaries and the private sector in the field of EU financial engineering instruments and carries out activities relating to the design, implementation and application of the EU financial engineering instruments;
  • Coordinates and prepares opinions on individual projects included in the government's annual list of government guaranteed loans provided to the Republic of Bulgaria on multilateral and bilateral basis;
  • Prepares positions on issues relating to the activities of EIB, EBRD, CEB, BSTDB, etc., in connection with the participation of representatives of the Republic of Bulgaria in the boards of the above institutions;
  • Performs activities relating to the implementation of procedures connected to the payment of the due share of the Republic of Bulgaria in the capital, reserves and provisions of EIB, EBRD, BSTDB and CEB;
  • Prepares the participation of the Republic of Bulgaria in the EU working bodies in connection with the financial and credit cooperation with European financial institutions as well as in connection with the participation in EU initiatives;
  • Prepares the participation of the Republic of Bulgaria in the work of committees, working groups and others related to the mechanisms for provision of loans by EIB to non-EU countries - Facility for Euro-Mediterranean Investment and Partnership (FEMIP), Cotonou Agreement Investment Facility, etc.;
  • Participates in the preparation of positions as well as in the negotiations on the agreements for settlement of bilateral property and financial claims and expresses opinions on existing agreements for settlement of property and financial issues;
  • Participates in the preparation of bills and bylaws in the field of foreign exchange legislation;
  • Keeps a public register and carries out activities in accordance with the requirements of the Ordinance Establishing Terms and Procedure for Entry in the Register and Requirements to the Activity of Persons Who, as a Regular Occupation, Extract, Process and Transact in Precious Metals and Precious Stones and Articles Made Therewith and Thereof;
  • Carries out the implementation of the international scheme for certification of trade in rough diamonds, set in the framework of the Kimberley Process, and performs the functions a body of the EU in accordance with Council Regulation № 2368/2002.