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

Bulgaria applies for loan from the EU amidst Covid-19 pandemic

Bulgaria will apply for a EUR 500 million loan to maintain employment. The money is expected to be allocated this year. Application under the SURE instrument is being studied, mostly to finance the 60/40 wage support scheme. The total budget of SURE instrument is to the tune of EUR 100 billion and EU members can receive funding under this instrument to implement national measures aimed at maintaining employment. The terms of the loan are expected to be extremely favorable. It is impossible to predict whether Bulgaria will have to issue government bonds on the international capital market due the unpredictability of the Covid-19 pandemic and the economic consequences, the Bulgarian Ministry of Finance notes. 




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

Ski track in Valchi dol

The ski season has opened on the only track in Bulgaria's Varna region

The snow in Northeastern Bulgaria has made skiing possible at the end of February. Today, the ski season opened in Valchi Dol, where the only track in Varna Region is located. It is only 250 meters long, but the locals use it with pleasure, BNT..

published on 2/22/25 11:45 AM
Ramadan Atalay, MP from DPS-DPS

The biggest danger to the government will come from Ahmed Dogan, believe members of SDS party

DPS-DPS around Ahmed Dogan wants to have its own deputy ministers, regional and deputy regional governors, as well as representatives in the regulators, in order to take political responsibility. This was stated to BNT by the party's MP Ramadan Atalay...

published on 2/22/25 11:08 AM

Protest against the euro will be held in Sofia today

The patriots from Vazrazhdane parliamentary party and civil organizations against Bulgaria's accession to the Eurozone have announced a protest for today.  They call for a wide public debate on the consequences from the introduction of the euro...

published on 2/22/25 10:03 AM