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European Commission Approves Reintroduction of Bulgarian Aid Scheme to Support Investments by SMEs in High-Unemployment Areas

09 June 2023

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Approved Changes

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Bulgaria-European Union

The European Commission has announced its approval of the reintroduction of a Bulgarian regional aid scheme to support investments into manufacturing activities by SMEs. --- State aid: Commission approves €77 million Bulgarian scheme to support investments in high unemployment areas The European Commission has approved, under EU State aid rules, the reintroduction of a Bulgarian regional aid scheme to support investments into manufacturing activities by small and medium-sized enterprises ('SMEs') in high unemployment areas. The original scheme was approved by the Commission in March 2008 (N 166/2007), reintroduced in September 2015 (SA.39869), prolonged in November 2020 (SA.59027), and it expired...