Bulgarian National Radio © 2021 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.


More from category

Angel Kunchev

The peak of the pandemic in Bulgaria will last another 2-3 weeks: Chief State Health Inspector

“This is the last peak of the Covid-19 epidemic in Bulgaria and it is expected to last another 2-3 weeks,” Chief State Health Inspector Associate Professor Angel Kunchev commented for BNT. In his words, the spring and summer will be a time..

published on 3/6/21 1:02 PM
Blagoevgrad region

Minor earthquake registered in Western Bulgaria

A minor Richter 2.5 earthquake was registered at 6.08 AM today near Osenovo village, Blagoevgrad region, the National Institute of Geophysics, Geodesy and Geography of the Bulgarian Academy of Sciences reports on its website. The epicenter was at a..

published on 3/6/21 11:30 AM

Two-day international conference “Japan and the road to success” opens at Sofia University

The “Japanese Studies” department of the Faculty of Classical and Modern Philology at Sofia University St. Kliment Ohridski will present Japan’s road to success in popularizing its traditional and modern culture in the world. The event, which..

published on 3/6/21 10:38 AM