(20 November 2009) Bulgarian Development Bank (BDB) received a credit line in the amount of 15 million euro, without state guarantee from Council of Europe Development Bank (CEB). The credit line loan agreement was signed by the executive directors of BDB Dimitar Dimitrov and Sasho Tchakalski and the Vice-Governor of CEB Imre Tarafas. The funds will be used for the financing of investment projects of micro, small and medium-sized enterprises from the real sector with the purpose of creating new and preserving the existing jobs. The financial resource can be used for the financing of craftsmen and family entrepreneurs. BDB will provide loans with a maximum period of up to 10 years and a grace period of up to 2 years.