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.
Nowhere and in no way has anyone discussed the issue of sending troops to Ukraine to participate in hostilities between Russia and Ukraine, Bulgaria’s Minister of Foreign Affairs Georg Georgiev told MPs in parliament. Foreign Minister Georgiev..
On February 19th, the day when Bulgarians worldwide commemorate 152 years since the passing of the Apostle of Freedom, Vasil Levski, Bulgaria’s National Liberation Day, March 3rd, received special recognition in Beverly Hills. Mayor Lester Friedman..
An office of the association for culture, education, and tradition "Balkan Bridge" was opened in Bitola in the presence of Bulgarian Ambassador to North Macedonia Zhelyazko Radukov, Bulgarian Consul General in Bitola Nikolay Dimitrov, diplomats and..
The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This..
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