Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

European Commission offers Bulgaria over EUR 9 billion for recovery

Photo: BTA

The European Commission offers Bulgaria access to EUR 9.282 billion from the Recovery and Resilience Facility after the Covid-19 epidemic. Bulgaria will receive grants to the tune of EUR 6.131 billion and will be able to borrow another EUR 3.151 billion. The loans will be paid off by the EU members depending on the amount of their contributions to the EU budget. The funds will be allocated in separate installments under the national programs for reforms. The money must be allotted in line with the EU objectives for carbon-free economy and digitalization. In June, the European Council will discuss the proposals. The loans are expected to be repaid until 2058 and the countries will pay only interest rates until 2027. The information announced earlier that Bulgaria may receive EUR 15 billion was only indicative, the EC specified.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

BNR, BNT and BTA awarded for best media partnership in support of tourism in Bulgaria

The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian National Television (BNT), the Bulgarian National Radio (BNR) and the Bulgarian Telegraph Agency (BTA)..

updated on 11/27/24 10:02 AM
Agriculture Minister Georgi Tahov met with livestock breeders from the region and representatives of the affected farms

Tension in Velingrad due to a suspected outbreak of sheep and goat plague

Due to the outbreak of Peste des Petits Ruminants (sheep and goat plague) in Velingrad and the subsequent protests by farmers, 300 new samples will be taken today. Currently, 1,700 sheep are at risk of being forcibly euthanized. The decision for a..

published on 11/27/24 9:52 AM

MPs gather for sixth attempt to elect speaker of parliament

Exactly a month after the parliamentary elections on October 27, the first session of the 51st National Assembly, which started on November 11, continues today. MPs will make a sixth attempt to elect a speaker. During the fifth..

published on 11/27/24 8:15 AM