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Tag: bulgarian

State aid: EU Commission approves €770 million Bulgarian employment aid scheme for preserving jobs in sectors most affected by the coronavirus outbreak

The European Commission has approved a BGN 1.5 billion (approximately €770 million) Bulgarian wage subsidies support scheme for preserving employment in the sectors most affected by the confinement measures put in place due to the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, […]

State aid: EU Commission approves €255 million Bulgarian guarantee scheme to support SMEs in coronavirus outbreak

The European Commission has approved a Bulgarian BGN 500 million (approx. €255 million) public guarantee scheme to support small and medium-sized enterprises (SMEs) in the context of the coronavirus outbreak (so-called “Intermediated SME Loan Guarantee Program”). The scheme was approved under the State aid Temporary framework adopted by the Commission on 19 March 2020, as […]