Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

EC approves redirection of 511m euros to help the Bulgarian economy

Photo: BGNES

Bulgaria is one of the first EU Member Sstates to respond to the economic threat and support its businesses and citizens at the backdrop of the pandemic. This is what Prime Minister Boyko Borissov wrote on his Facebook page after it became clear that the European Commission has approved an amendment to Bulgaria's Innovation and Competition programme, which will allow the mobilization of 511m euros from the European Regional Development Fund and the Cohesion Fund. These funds will be used to help the Bulgarian economy in its efforts to cope with the impact of the coronavirus crisis, BNR correspondent in Brussels, Angelina Piskova, reported. Financial support includes grants for micro, small and medium-sized enterprises, loan guarantees and more.

According to EU Commissioner for Cohesion and Reforms Elisa Ferreira, the measures have short-term goals to alleviate the crisis, and Bulgaria will continue to benefit from additional European support for its economic recovery.



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

Gallup: GERB wins with 25%, 8 parties enter the new parliament, 1 close to the threshold

The results of the exit polls conducted by the Gallup International Balkan  sociological agency, BNR's partner in covering the vote, show that 8 parties and coalitions are certain to enter the 51st National Assembly, while one crossed the 4% threshold..

published on 10/27/24 8:05 PM
Прага

Irena Angelova, Czech Republic: Bulgarians in towns far from Prague could not vote again

The lives of Bulgarians in the Czech Republic are too busy. Most of them work in different factories, in shifts, and are tired and unwilling to travel to the capital on a Sunday to vote. This is how Irena Angelova from Mladá Boleslav in the Czech Republic..

published on 10/27/24 7:40 PM
Atanas Ilkov

Ministry of the Interior: 71 arrested for electoral fraud

Since the beginning of the ongoing police operation against vote buying in the country, 849 reports have been received, 69.1% more than in the same period of the previous elections. In June this year, the police received 509 reports.  The number of..

published on 10/27/24 7:22 PM