Bulgaria is set to receive over EUR half a billion in EU funds to cover the initial expenses related to the fight against the coronavirus epidemic.
Bulgaria will receive this amount as soon as the report under this new instrument is approved by the European Parliament at second reading, Bulgaria’s MEP Andrey Novakov said for BNR. “This instrument grants financing retrospectively for ongoing projects aimed to cope with the Covid-19 crisis”. MEP Novakov added.
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
Bulgaria ranks 58th out of 67 countries in the World Competitiveness Yearbook of the Institute for Management Development (IMD), Switzerland. The country has shown a lack of progress since 2021 and dropped 10 positions compared to 2020 and 20..
According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024 . Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the..
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy,..
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