Text size

EU approves state loans to small and medium-sized enterprises in Bulgaria

published on 4/14/20 7:00 PM

Photo: pixabay

The European Commission has approved state aid to the tune of EUR 250 million to help small and medium-sized enterprises in Bulgaria affected by the coronavirus epidemic. The scheme has been submitted for approval in March by the Bulgarian government. The planned financial assistance is for the capital increase of the Bulgarian Development Bank. The Treasury will use it to guarantee investment loans and working capital lending to micro, small and medium-sized enterprises, the EU-approved permit says.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Up-to-date information Bulgarian Development Bank Covid-19 European Commission loans small and medium-sized enterprises SME

More from category

Employment in Bulgaria is among the highest in the EU, but over 1 million people are unemployed

As of December 31, 2024, there were 3,765,000 people of working age, or 58.5% of the country's population. Men are 1,970,000, and women - 1,795,000. This was announced by the Deputy Chair of the National Statistical Institute (NSI)..

published on 10/22/25 10:46 AM

President Radev thanks South Africa for lifting short-term visas for Bulgarians

President Rumen Radev has sent a letter to President Cyril Ramaphosa expressing his gratitude for the decision of the Republic of South Africa to lift visa requirements for short-term stays for Bulgarian citizens. Radev..

published on 10/22/25 10:23 AM

GERB-SDS and DPS-New Beginning agree on full cabinet mandate

At a meeting in parliament in the presence of the party leaderships, the GERB-SDS coalition and the DPS-New Beginning party agreed on a full mandate to govern and fulfil the commitments for Bulgaria’s Euro-Atlantic orientation. This..

published on 10/22/25 9:53 AM