Podcast in English
Text size
Bulgarian National Radio © 2025 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

President and defence minister agree more money needed for defence

An analysis of the state and preparedness of the armed forces in 2024 was presented during the Chief of Defence Annual Conference in Sofia. In their statements at the event, both President Rumen Radev and Minister of Defence Atanas Zapryanov..

published on 2/25/25 5:15 PM
Rumen Radev

President Radev: Europe should support the US’ efforts for a peaceful settlement in Ukraine

To insist on seeking a military settlement to the conflict in Ukraine is a losing venture. Europe should support the efforts of the US to find a better solution, said President Rumen Radev at the Chief of Defence Annual Conference in Sofia. At..

published on 2/25/25 2:34 PM
PM Rosen Zhelyazkov

PM Zhelyazkov reiterates no Bulgarian troops will be sent to Ukraine

“There is no change, Bulgarian troops are not going to be sent to Ukraine,” said PM Rosen Zhelyazkov in a comment about the meeting between US President Donald Trump and French President Emmanuel Macron at the White House. “The institutions in..

published on 2/25/25 1:17 PM