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Europe Daily Bulletin No. 13268

11 October 2023
Contents Publication in full By article 24 / 36
NEWS BRIEFS / State aid
European Commission gives go-ahead for a Bulgarian measure worth around €400 million to support public gas supplier Bulgargaz EAD

10/10/2023 (Agence Europe)On Tuesday 10 October, the European Commission announced that it had approved a Bulgarian measure worth around €400 million (BGN 800 million) in the form of a soft loan granted by the Bulgarian Ministry of Energy to Bulgargaz EAD, Bulgaria’s state-owned natural gas supplier, for working capital purposes. This company is indirectly 100% owned by the Bulgarian state. The supplier was faced with significant liquidity needs as a result of Russia’s...

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BEACONS
EXTERNAL ACTION
SECURITY - DEFENCE
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
NEWS BRIEFS