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Bulgaria to apply for EUR 500 million loan under SURE plan

Deputy Minister of Finance Marinela Petrova
Photo: BGNES

Bulgaria will apply for EUR 500 million loan under the EU instrument to mitigate employment risks during an emergency-SURE, this country’s Deputy Minister of Finance Marinela Petrova announced. It became clear during the voting of the state budget amendment at first reading in the National Assembly Committee on Budget and Finance. The limit of the state guarantees will increase after the amendment. The new ceiling increases with EUR 159 million to EUR 940 million. Thus, Bulgaria will be able to participate at the SURE plan and the Pan-European Guarantee Fund.




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