Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria applies for loan from the EU amidst Covid-19 pandemic

Bulgaria will apply for a EUR 500 million loan to maintain employment. The money is expected to be allocated this year. Application under the SURE instrument is being studied, mostly to finance the 60/40 wage support scheme. The total budget of SURE instrument is to the tune of EUR 100 billion and EU members can receive funding under this instrument to implement national measures aimed at maintaining employment. The terms of the loan are expected to be extremely favorable. It is impossible to predict whether Bulgaria will have to issue government bonds on the international capital market due the unpredictability of the Covid-19 pandemic and the economic consequences, the Bulgarian Ministry of Finance notes. 




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

Less than 1/3 of Bulgarians expect positive changes from the policies of the new US president

According to the regular sociological survey by Gallup International Balkans in January 2025, society has moderate expectations for positive changes in Europe and Bulgaria from the policies of the new US President Donald Trump. 30.4%..

published on 2/18/25 9:49 AM

Festive concert for Bulgaria’s national holiday to take place in London

The Bulgarian Cultural Institute in London is covering all the costs for the festive concert-performance that will mark the national holiday. The concert will be held at the Ondaatje Theatre, Royal Geographical Society on March 1,..

published on 2/18/25 9:24 AM

Bulgaria to request convergence report for the eurozone by the end of the month

Bulgaria has received encouraging signals at the Eurogroup meeting. "The country has made even greater progress in fulfilling the price stability criterion," said European Commissioner for the Economy Valdis Dombrovskis. When..

published on 2/18/25 8:59 AM