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(DF) Government Moves for Parliamentary Ratification Loan Agreement under EU's SURE Instrument

December 15 (BTA) - At an extraordinary meeting on Tuesday the Council of Ministers passed a decision moving to Parliament for ratification a loan agreement between the EU as lender and Bulgaria as borrower under the EU's SURE instrument, the government's information service said. SURE is a European instrument for temporary support to mitigate unemployment risks in an emergency following the Covid-19 outbreak. The maximum amount of funds Bulgaria can get under SURE is 511 million euros, with a maximum maturity term of 15 years. The term for utilizing the funds is 18 months, starting as of September 30, 2020. Between 4,500 and 5,000 employers on average per month are expected to be supported with the money from SURE, to keep 140,000 jobs, said Finance Minister Kiril Ananiev. Prime Minister Boyko Borissov is quoted as saying that the motion to ratify the loan agreement was made in a speedy manner so that Bulgaria can start using the money quickly. The SURE funding will complement the national efforts in the pandemic and its social and economic impacts for workers and self-employed people, he added. The European Trade Union Confederation (ETUC), however, said on December 14 that Bulgaria, as well as Croatia and Cyprus, did not include support for self-employed in the application for SURE funds. Almost a quarter of member states provided little or no income support for self-employed or precarious workers during the Covid crisis Ц despite the EU making funds available for such support, said ETUC. Bulgaria sent the official application to the European Commission for financial assistance under SURE on August 7. The loan agreement was signed by Bulgaria on November 26, and by the EC on December 11. ZH/NV/LN/ /МЙ/ 16 Декември 2020, 08:00

Източник: BTA Free News

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