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.
The honorary chairman of the Movement for Rights and Freedoms (DPS) Ahmed Dogan, who led two candidate lists of the Alliance for Rights and Freedoms, stated that he will not become an MP in the 51st National Assembly. "I do not belong there. I..
The caretaker cabinet has approved state guarantees amounting to over EUR 79 million under loan agreements with the National Electric Company for financing the investment project on the modernization and rehabilitation of Chaira Hydro Power Plant...
According to the Bulgarian Consulate General in Valencia, no Bulgarian citizens have been reported dead or injured, the press office of the Bulgarian Ministry of Foreign Affairs told the BNR. There have been no reports of Bulgarian citizens in..
On Thursday morning visibility will be diminished in some valleys and parts of the lowlands. Along the Danube there will be fog. Minimum temperatures..
Nearly 30 people who had to fly to London with a low-cost airline were not allowed to board the plane at Sofia Airport. The flight was in the early..
Three Bulgarian companies have been sanctioned by the US for enabling the Russian military industry. According to the US Department of State and..
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