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

Bulgaria receives 250 million euro loan for projects under European programs

Photo: EPA/BGNES

The European Investment Bank is providing a €250 million loan to Bulgaria to support co-financing of priority projects under European programs in the period 2021-2027. The bank said the financing will strengthen the economy, boost growth and competitiveness and improve living standards. The projects are intended to accelerate development in various areas - from energy efficiency and water, to transport and research.

The funds are part of the first transfer under structural loan program approved for the current programming period in the amount of 1 billion euro. Together with larger projects, this tranche can be used to finance smaller projects that do not meet the requirements for direct financing by the bank.



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

Conference on the role of women in diplomacy held at the Bulgarian Presidency

Under the patronage of Vice President Iliana Iotova, the Presidency hosted a Conference on the Role of Women in Diplomacy, the Presidency's press office announced. During the event, Iliana Iotova emphasized that she believes in the innate qualities of..

published on 12/13/24 6:20 PM
Caretaker Finance Minister Lyudmila Petkova

Bulgaria does not meet all the criteria for the eurozone, the 2025 budget is stalling

The budget execution will be 3%. In the National Assembly, Deputy Prime Minister and Caretaker Minister of Finance Lyudmila Petkova pointed out that this is the result of the efforts being made, and not the result of budget planning, because a large..

published on 12/13/24 6:16 PM

Bulgaria is grateful for Hungary's support for Schengen

At a meeting with Hungarian Foreign Minister Péter Szijjártó, Bulgarian President Rumen Radev expressed his gratitude for Hungary's support for Bulgaria's accession to the Schengen area . A statement from the head of state's press office states that the..

published on 12/13/24 6:10 PM