Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria applies for loan from the EU amidst Covid-19 pandemic

Bulgaria will apply for a EUR 500 million loan to maintain employment. The money is expected to be allocated this year. Application under the SURE instrument is being studied, mostly to finance the 60/40 wage support scheme. The total budget of SURE instrument is to the tune of EUR 100 billion and EU members can receive funding under this instrument to implement national measures aimed at maintaining employment. The terms of the loan are expected to be extremely favorable. It is impossible to predict whether Bulgaria will have to issue government bonds on the international capital market due the unpredictability of the Covid-19 pandemic and the economic consequences, the Bulgarian Ministry of Finance notes. 




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

Strong wind warning for 18 regions of Bulgaria on Tuesday

A yellow code for strong wind has been issued for 18 regions of Bulgaria on  Tuesday . The minimum temperatures will be 4 to 9°C, around 4°C in Sofia.   It will be sunny over most of the country before noon.  Cloudiness will increase in the..

published on 3/10/25 7:15 PM
Foreign Minister Georg Georgiev.

Bulgaria supports Trump administration's commitment to stop war against Ukraine, says foreign minister

In an interview with BBC, Foreign Minister Georg Georgiev says that Sofia welcomes the commitment of President Trump's administration to stop the war of aggression against Ukraine in order to achieve a lasting and sustainable peace. "What is important,..

published on 3/10/25 5:52 PM

The football club “Botev Plovdiv” celebrates 113 years with a charity ball

“Botev Plovdiv” football club is organizing a charity ball today, at which it will celebrate the 113th anniversary of the founding of the professional football club. The funds raised will support two campaigns – for the construction of a monument to..

published on 3/10/25 4:23 PM