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Global Trade Alert

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Bulgaria: Introduction of scheme to support tour operators facing travel cancellations as a result of Covid 19

Description

On 24 July 2020, the European Commission approved a BGN 55 (USD 44.11) million Financial grant scheme from Bulgaria. The aid will support tour operators which had to suffer travel cancellations due to...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Jul 2020

Revocation date

31 Dec 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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