Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

European Commission offers Bulgaria over EUR 9 billion for recovery

Photo: BTA

The European Commission offers Bulgaria access to EUR 9.282 billion from the Recovery and Resilience Facility after the Covid-19 epidemic. Bulgaria will receive grants to the tune of EUR 6.131 billion and will be able to borrow another EUR 3.151 billion. The loans will be paid off by the EU members depending on the amount of their contributions to the EU budget. The funds will be allocated in separate installments under the national programs for reforms. The money must be allotted in line with the EU objectives for carbon-free economy and digitalization. In June, the European Council will discuss the proposals. The loans are expected to be repaid until 2058 and the countries will pay only interest rates until 2027. The information announced earlier that Bulgaria may receive EUR 15 billion was only indicative, the EC specified.




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

There are no buyers for Lukoil Neftochim Burgas

There is no declared investor interest from a potential buyer and no negotiations for the sale of "Lukoil Neftochim Burgas". This was what Minister of Energy Zhecho Stankov told BNT. Bulgaria guarantees the energy security of the..

published on 10/13/25 10:49 AM

Ukrainian crew rescued from sinking ship in the Black Sea

The crew of a cargo ship sailing under the flag of Cameroon with 10 Ukrainian sailors on board was rescued in an operation led by the Maritime Coordination Center in Varna, its head Rumen Nikolov announced. The ship "EILEEN" sank..

published on 10/13/25 9:43 AM

Prime Minister asks municipalities for support in introduction of the euro

The main political war being waged in Bulgaria is related to the geopolitical orientation of the country in the future. This was what Prime Minister Rosen Zhelyazkov said in a speech at the opening of the Annual Meeting of the National Association of..

published on 10/13/25 8:50 AM