The Bulgarian state and an anonymous party participated in the auction for 110 million securities, which allow raising 100 million euros from First Investment Bank - Fibank. The capital increase is a condition for Bulgaria to apply for the waiting room of the Eurozone - ERM-2. Bulgaria's Minister of Economy Emil Karanikolov has confirmed the purchase, but did not specify in what form it was
The European Commission has approved a €150 million (approx. BGN 294 million) Bulgarian scheme to support small and medium-sized enterprises (SMEs) in the context of the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020.
Prime Minister Ludovic Orban continues his three-day visit to Brussels on Wednesday. Prime Minister Ludovic Orban is meeting on Wednesday with European Parliament President David Sassoli and afterwards the two officials are to hold a joint press conference.
Prime Minister Ludovic Orban is paying a working visit to Brussels, Tuesday through Thursday, and will meet European and NATO officials.