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

Bulgaria to provide EUR 185 million for businesses in the coming months

Photo: archive

Tomorrow, more than 8,000 companies that have applied for state support will start receiving a total of EUR 58 million under the Operational Programme Innovation and Competitiveness, Bulgaria’s Minister of Economy Lachezar Borisov told BNR.

On the other hand, the state has already helped 250,000 employees retain their jobs under the 60/40 wage support scheme. EUR 14.5 million has been paid to people employed in the restaurant, tourism and transport industries. In the coming months, nearly EUR 185 million will reach the businesses in the form of state aid, Minister Borisov added. In 2020, this country’s GDP decreased by 4%, Lachezar Borissov went on to say. "In 2021, the economic growth may compensate for 80% of the losses incurred during the crisis," he said.




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

Enhanced Border Security Partnership between the United States and Bulgaria enters into force

The Council of Ministers approved the Enhanced Partnership in the field of border security between Bulgaria and the United States and tasked the Minister of Foreign Affairs to sign and deliver a diplomatic note to the U.S. side, said the government..

published on 12/12/24 8:57 AM

Bulgaria awaits decision on full Schengen membership

Interior Minister Atanas Ilkov will attend today's regular meeting of the Justice and Home Affairs Council in Brussels. The first item on the agenda of the meeting of EU interior ministers is the accession of Bulgaria and Romania to the Schengen Area..

published on 12/12/24 7:35 AM

North-westerly winds will clear the clouds and the winter sun will appear

On Thursday, minimum temperatures in Bulgaria will be between minus 1 and 4°C. In Sofia, it is expected to be 0°C. There will be fog over the lowlands of southern Bulgaria in the morning hours, clearing later in the day as the north-westerly winds pick..

published on 12/11/24 7:05 PM