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773 million euros have entered Bulgaria under Juncker Plan

Photo: eib.org

Since the establishment of the European Fund for Strategic Investments, better known as the Juncker Plan, projects in Bulgaria using its framework total 773 million euros. The guarantees are expected to attract 4.7 billion euros in investments. according to a report by the European Investment Bank, presented by Lilyana Pavlova, vice president of the institution.

According to the analysis, the pandemic has limited planned investments of 46% of Bulgarian companies. Only 7 percent have invested more than planned. The reaction of Bulgarian companies to the pandemic corresponds to the EU average. 25 percent report growth in the use of digital technologies. They also expect a permanent reduction in employment.



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