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

Morning temperatures below zero but getting warmer during the day

On Saturday , the lowest temperatures will be between minus 8 and minus 3°C; in Sofia - around minus 8°C. During the day, sunny weather will prevail over the western and central regions of Bulgaria with more significant increases in..

published on 2/7/25 6:50 PM
Atanas Zafirov

Left prepares "stability budget"

The BSP-United Left coalition will propose a "stability budget" to help the country overcome its severe financial crisis. Coalition leaders have also discussed the possibility of creating a new state agency for disaster and emergency management,..

published on 2/7/25 5:55 PM

Three Bulgarians arrested for participating in an international criminal group

During an operation by the General Directorate Combating Organized Crime on February 6, three Bulgarians were arrested for participating in an international criminal group operating on the territory of the European Union.  A..

published on 2/7/25 4:30 PM