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.
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The Finance Ministry has confirmed that Minister Petkova will participate in the Eurogroup meeting on 17..
Minimum temperatures on Monday will be between minus 4 and 1°C. In Sofia it will be around minus 3°C. The mercury will hover between -3 and 0 °C in the north. Maximum temperatures in southern Bulgaria will be between 2 and 7°C. In the capital it will..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It was organised by the movement "For a Free Russia" - an association of Russian immigrants in..
Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It..
Bulgarians and Serbs from the towns of Tsaribrod and Pirot marched in support of the student protests in Serbia , reports BTA. "We want the students'..
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