Podcast in English
Text size
Bulgarian National Radio © 2025 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

Tax authorities urge influencers and online content creators to pay taxes

In the midst of the campaign to pay taxes for the past 2024, the National Revenue Agency has reminded influencers, bloggers, vloggers and other online content creators, as well as traders on social networks, that they are obliged to declare their income..

published on 1/31/25 6:14 PM

Taxi drivers block access to Sofia Airport Terminal 2

Taxi drivers gathered at Sofia Airport in protest, blocking access to Terminal 2 for a short time on Friday afternoon. They are unhappy with the new rules for staying at the airport, which came into force on January 9. According to the new rules, one..

updated on 1/31/25 6:11 PM

Contingent from Bulgaria, Austria, Romania and Hungary to guard the Bulgarian-Turkish border

A joint contingent of officers from Bulgaria, Austria, Romania and Hungary will strengthen the security of the Bulgarian-Turkish border from February 3 , the Ministry of Interior announced.  The start of the joint activity will be marked with an..

published on 1/31/25 6:09 PM