Podcast in English
Text size
Bulgarian National Radio © 2024 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

Ambassador Yanko Yordanov with Aisha Adamu Augie

Meeting of Bulgaria's ambassador in Nigeria promotes cultural exchange

An important meeting of the Bulgarian ambassador in Abuja promoted cultural exchange between Bulgaria and Nigeria , CBAAC News Journal reports. It is about the participation of His Excellency Yanko Yordanov in a cultural discussion with the Director..

published on 8/25/24 5:16 PM

Patriarch Daniil calls on the faithful to pray for the Ukrainian Orthodox Church

Bulgarian Patriarch Daniil has called on the faithful to pray for the strengthening of the Ukrainian Orthodox Church, which is threatened with closure . He presided over the holy liturgy celebrated today in the church "St. Ivan Rilski" in Pernik...

published on 8/25/24 4:59 PM

Two newborn lynxes attract attention in Sofia zoo

Two little lynxes, born on June 11 of this year, are enjoying themselves in the capital's Zoo, Sofia Zoo announced. Their mother Quanta comes from the Munich Zoo, and their father Morgul comes from Vienna's Schönbrunn. Eurasian lynxes are..

published on 8/25/24 3:53 PM