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Global Trade Alert

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Bulgaria: Introduction of scheme to support SMEs following the outbreak of the COVID-19

Description

On 26 June 2020, the European Commission approved a BGN 200 million (USD 114) million financial grant scheme from Bulgaria. The aid will support SMEs facing liquidity shortages as a result of the COVI...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Jun 2020

Revocation date

30 Jun 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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Affected Sectors

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