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

New anti-crisis measures to support business in Bulgaria

Photo: BGNES

The funds under the European Commission’s initiative React EU for the fight against Covid-19 and the economic crisis in Bulgaria will be allocated in two directions.

This became clear after the meeting of Minister Lachezar Borisov with the trade unions and employers' organizations in the Ministry of Economy, BNT has reported. Funds total EUR 656 million or BGN 1,283,000,000.

According to the Minister, the aid intensity would be 100% and the ceiling was still under discussion: 50,000 or 100,000 BGN. In order to give business a chance, changes must be adopted that would allow financing to be assimilated as quickly as possible and not in procedures that last 5 or 6 months.



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

Price of natural gas in Bulgaria rises by 11%

The increase in the price of natural gas in December is nearly 11 percent, which means up to nearly 39 euros per megawatt-hour, excluding taxes. This was what representatives of Bulgargaz said during the public discussion of..

published on 11/28/24 11:20 AM

Supreme Administrative Court has once again failed to elect chair

There are no candidates for the position of chair of the Supreme Administrative Court (SAC) , BTA has reported. The plenum of the Supreme Judicial Council held a meeting in an attempt to elect head of the institution. The procedure..

published on 11/28/24 10:21 AM

Bulgarians will travel to China without visas

The People's Republic of China is introducing a visa-free regime for holders of Bulgarian passports for business purposes, tourism, visiting relatives or friends, official visits or transit, for no more than 30 days. The Situation..

published on 11/28/24 8:50 AM