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.
Bulgaria’s Prime Minister Rosen Zhelyazkov called on ministers to focus on solutions rather than excuses, warning of targeted actions aimed at destabilising the political environment . Speaking at the start of a cabinet meeting, Zhelyazkov..
Bulgaria’s government on Wednesday approved funding of up to €3,800 per household to support families affected by recent floods , Labour and Social Policy Minister Borislav Gutsanov said. Families will receive €1,530 in additional support if their..
The leader of the largest parliamentary party GERB commented on his meeting with Donald Trump Jr., which sparked wide media attention in Bulgaria: ''Private meetings with the children of my friends, at an informal lunch which led to nothing-we just..
Bulgarian investigative journalist Christo Grozev was honored as European Journalist of the Year at the official ceremony of the PRIX EUROPA festival..
An amateur marathon under the motto "Let's Outrun Dementia" will be held at 9 am in Sofia's South Park on October 11 . The initiative is by the civil..
From 13 October until 28 November, the Bulgarian Red Cross will hand out products, purchased by the Social Assistance Agency, to vulnerable..
Cloudy
Mostly Cloudy