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

Bulgaria will join European instrument for interest-free loans for Ukraine

Photo: Council of Ministers

The Bulgarian government has approved a draft agreement on financial contribution to an interest subsidy granted under the European Commission's "Macro-Financial Assistance+" instrument in support of Ukraine.

The EU is expected to borrow funds from the capital markets and provide Ukraine with preferential loans this year with a maximum amount of up to 18 billion euros. Brussels has committed to cover the interest on the loans by granting a so-called "interest subsidy". For this purpose, the Member States will make additional contributions to the EU budget. Bulgaria's contribution will be up to 13.8 million EUR for the period 2024-2027, or an average of 3.07 million EUR per year.

Translation: Al. Markov




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

Low emission zone put in place in Sofia as of 1 December

As of 1 December until the end of February, driving an old car in the centre of Sofia will be subject to a EUR 25-100 fine. The fines for legal entities will be 10 times higher – from EUR 500 to EUR 1,000. The low emission zone was put in place..

published on 11/29/24 10:25 AM
Ivaylo Mirchev

Ivaylo Mirchev from Democratic Bulgaria: We look ridiculous in people’s eyes

The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for coordinating the budget, Ivaylo Mirchev from Democratic Bulgaria said in an interview with public service..

published on 11/29/24 9:17 AM

85% of witnesses of street harassment do not know how to intervene

A campaign against street violence named Stand Up will be held today and tomorrow under the dome of Sofia's Largo, said the Regional History Museum – Sofia. It turns out that over 80% of women worldwide have experienced some form of street..

published on 11/29/24 6:05 AM