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The European Fund for Strategic Investments (EFSI), the Junker Fund, is expected to mobilize €398.6 billion in investments. The decision was made on the latest meeting of the European Investment Bank (EIB) Board of Directors.
The EC Representation in Bulgaria announced that by May 2019, the projects which are approved under the Junker Fund amounted to €73.8 billion of funding and covered all 28 Member States. About 949 000 start-ups, small and medium-sized enterprises (SMEs) are expected to benefit from the improved access to finance. Currently, the top 5 investment countries ranked in order of investment triggered related to GDP are Greece, Estonia, Bulgaria, Portugal and Latvia.
The European Investment Bank has approved €54.3 billion to finance infrastructure and innovative projects that will have to generate €249.7 billion of additional investments, while the European Investment Fund (EIF), which is part of the EIB, has approved €19.5 billion by worth of agreements with intermediary banks and SMEs financing funds, which are expected to generate additional €148.9 billion.
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An agreement on the Junker plan, amounting to 100 million euros, supports Bulgarian agriculture.
Bulgaria’s Minister of Agriculture, Food and Forestry Rumen Porozhanov held a meeting with Eric Rubin, the Ambassador Extraordinary and Plenipotentiary of the United States of America to Bulgaria.
Bulgaria’s Minister of Agriculture, Food and Forestry Rumen Porozhanov held a meeting with Eric Rubin, the Ambassador Extraordinary and Plenipotentiary of the United States of America to Bulgaria.
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In a concerning revelation, the ad hoc committee investigating the activities of Gleb Myshin uncovered that over the past three to four years, a staggering 343 candidates from the Russian Federation seeking Bulgarian citizenship were discovered to have su
As the summer season draws near, the issue of staffing in the tourism sector in Bulgaria comes to the forefront once again, with the workforce having to depend on individuals from foreign countries for yet another year
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Deputy Minister of Transport and Communications, Anna Natova, announced the commencement of construction for an outdoor parking lot at Terminal 2 of Sofia Airport
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