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

Bulgaria will join European instrument for interest-free loans for Ukraine

Photo: Council of Ministers

The Bulgarian government has approved a draft agreement on financial contribution to an interest subsidy granted under the European Commission's "Macro-Financial Assistance+" instrument in support of Ukraine.

The EU is expected to borrow funds from the capital markets and provide Ukraine with preferential loans this year with a maximum amount of up to 18 billion euros. Brussels has committed to cover the interest on the loans by granting a so-called "interest subsidy". For this purpose, the Member States will make additional contributions to the EU budget. Bulgaria's contribution will be up to 13.8 million EUR for the period 2024-2027, or an average of 3.07 million EUR per year.

Translation: Al. Markov




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

Mural marking 20th anniversary of Bulgaria's NATO accession to be unveiled in Pernik

A mural dedicated to the 20th anniversary of Bulgaria's NATO accession will be unveiled today in Pernik. The event will be attended by the ambassadors of Great Britain, Turkey and Montenegro, Deputy Foreign Minister Nevyana Miteva, Pernik Regional..

published on 11/29/24 5:15 AM

Sharp change in the weather expected on Friday

On Friday, cloudy weather will prevail over the country. The wind will be oriented from the northwest, will strengthen and in the Danube Plain its speed will reach 10-15 m/s. With it, cold air will invade the country and temperatures will drop and by..

published on 11/28/24 7:45 PM
Daniel Lorer (L) and Yavor Bozhankov (R)

PP demanded the resignations of two MPs who did not support the candidacy of Silvi Kirilov

"After today's vote for Speaker of the National Assembly, ''We Continue the Change'' (PP) demanded the resignations of Daniel Lorer and Yavor Bozhankov", the party's co-chairman Kiril Petkov wrote on Facebook. Silvi Kirilov, nominated by "There..

published on 11/28/24 4:52 PM