Bulgaria: Introduction of scheme to support small enterprises in the face of Covid-19

Announcement

13 May 2020

On 13 May 2020, the European Commission approved a financial grant scheme to support SMEs in counteracting the negative economic effect of the Covid 19 crisis.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

13 May 2020

Revocation date:

31 Dec 2020

Updated: 13 May 2020

Financial grant

<p>On 13 May 2020, the European Commission approved a BGN 173 (USD 107) million financial grant scheme from Bulgaria. The aid will support micro-enterprises and SMEs having to deal with financia...

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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