Bulgaria is seeking a loan agreement with the European Commission, with its parliament approving the necessary borrowing ceiling increases and authorizing government borrowing.
4 reports, 2 independent
Updated Jul 31
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What happened
Bulgaria is seeking a loan agreement with the European Commission, with its parliament approving the necessary borrowing ceiling increases and authorizing government borrowing.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Bulgaria seeks EU financial support via a loan agreement with the European Commission.1 source
Bulgaria seeks EU funds for recovery plan, needing borrowing ceiling increase.1 source
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The entities involved
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Bulgaria
country in Southeast Europe
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European Commission
executive branch of the European Union
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parliament
legislative body of government
Related events
- Georgia is discussing terms with the European Commission to join an EU loan initiative, contingent on financial contribution and access to procurement schemes.
- North Macedonia's EU accession path is stalled due to political leadership disputes, prompting discussions of a potential referendum.
- Bulgaria and Slovakia held a meeting on September 4th to discuss regional cooperation within the EU framework.
- The European Commission and Verkhovna Rada are cooperating on EU accession negotiations and strengthening coordination on integration bills.
- Bulgaria struggles to maintain economic convergence with the EU, prompting the World Bank to warn it must overhaul its growth model.