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

Bulgaria to receive additional 692 million euros for recovery from pandemic

Photo: BGNES

According to preliminary data of the European Commission, Bulgaria is to receive another 692 million euros in addition to the European programs from the current programming period through the EU instrument for overcoming the consequences of the pandemic crisis REACT-EU.

The funds are aimed at overcoming the negative consequences of Covid-19 and are intended to reach enterprises and public institutions, said MEP Andrey Novakov, who is a coordinator in the Regional Development Committee and a member of the Budget Committee at the European Parliament.

Bulgaria has already started working on the creation of the respective grant schemes. The realistic scenario is for the mechanisms to be ready in a few months and funds to be available in 2021, Novakov added.




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

Weather forecast: Temperatures continue to drop

Over the next 24 hours the weather will continue cloudy, with rain mostly in the Southwestern half of the country and sleet in high plains. The precipitation over Mounts Rila and the Rhodopes will be considerable. There will be a moderate, in..

published on 11/30/24 6:15 PM

A Kilogram of Kindness collects food for people in need

The Bulgarian Food Bank’s Kilogram of Kindness food drive, is collecting food for the needy for the 12th consecutive time. Four to seven tons of food with a longer shelf lifeis expected to be collected – such as rice, lentils,..

published on 11/30/24 4:44 PM

Eurobarometer: Bulgarians’ trust in the EU is a little over the average for the Union

A Eurobarometer survey has registered the highest level of trust in the European Union since 2007 and the highest level of support ever for the common currency, the euro, both in the EU as a whole (74%) and in the euro area (81%). In Bulgaria,..

published on 11/30/24 4:30 PM