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Europe Daily Bulletin No. 13444

3 July 2024
Contents Publication in full By article 20 / 30
ECONOMY - FINANCE - BUSINESS / State aid
European Commission authorises Bulgaria to provide public support of around €25.51 million to Bulgarian Posts
Brussels, 02/07/2024 (Agence Europe)

On Tuesday 2 July, the European Commission announced that it had authorised Bulgaria to grant restructuring aid of up to €25.51 million (BGN 50 million) to the postal operator Bulgarian Posts. 

Following authorisation from the European Commission in May 2023 (see EUROPE B13183A25), Bulgarian Posts, which was in difficulty due to inflation in particular, received a rescue loan from the Bulgarian State of around €26.5 million (BGN 50 million).

The restructuring aid is in fact the...

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