The European Commission has approved a EUR 88 million scheme to support Bulgarian micro and small companies in the context of the coronavirus outbreak.
The scheme will be co-financed by the European Regional Development Fund with EUR 75 million, and will be accessible to companies active in different sectors except agriculture, fisheries, aquaculture and forestry.
The support will take the form of grants. The purpose of the scheme is to address the liquidity needs of micro and small companies, including self-employed, and to help them to continue their activities during and after the outbreak.