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

Announcement

26 Jun 2020

On 26 June 2020, the European Commission approved a financial grant scheme to support SMEs facing a decrease of at least 20% in turnover.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Jun 2020

Revocation date:

30 Jun 2021

Updated: 26 Jun 2020

Financial grant

<p>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 shorta...

Related State Acts

19 Mar 2020

EU: Commission adopts state aid Temporary Framework to allow financial support schemes due to COVID-19 (extended until June 2022)

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