Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure BG-2021-50/2167 – Updated – measures in Bulgaria
|Country||Bulgaria , applies nationwide|
|Time period||Temporary, 07 December 2021 – 30 June 2022|
|Type||Legislations or other statutory regulations|
Supporting businesses to stay afloat
– Access to finance
|Author||Tsetomila Sabcheva and Luboslav Kostov (Citub)|
|Measure added||13 January 2022 (updated 18 April 2023)|
The necessary funds for the implementation of the Council of Ministers decree will be provided at the expense of the reserve for unforeseen and/or urgent expenses for 2021 under the state budget in the part for supplementary and compensatory measures in connection with COVID-19 and others under Art. 1, paragraph 2 section II, item 5.4 of the Law on the State Budget of the Republic of Bulgaria for 2021.
According to Art. 1, paragraph 7 of the Law on the State Budget of the Republic of Bulgaria for 2021, allocated funds can be spent on the basis of the adopted act by the Council of Ministers. The procedure is in accordance with Article 43, paragraph 3 of the Public Finance Act, according to which the reserve for unforeseen and/or urgent expenses under the central budget is spent on the basis of an act of the Council of Ministers.
According to Article 109, paragraph 3 of the Public Finance Act, the Council of Ministers may approve additional expenditures/transfers for the budgets of the primary budget allocation managers.
The decree is adopted on the basis of Art. 1, paragraph 5, item 9, letter “c” and Art. 1, paragraph 7 of the Law on the State Budget of the Republic of Bulgaria for 2021; Art. 43, paragraph 3 and Art. 109, paragraph 3 of the Public Finance Act, in connection with Article 76, paragraph 1 of the Law on the State Budget of the Republic of Bulgaria for 2021.
An additional expenditure from the budget of the Ministry of Tourism for 2021 was approved by a decree of the Council of Ministers. The amount of BGN 36 million (€18 million) will be spent as a state aid divided in two support funds. The first one amounts to BGN 30 million (€15 million) as a support to the tourism sector compensating all revenue loss, arising directly and/or indirectly from the restrictions in the activity of the enterprises due to the introduced anti-epidemic measures. The second one amounts to BGN 6 million (€3 million) as a support to tour operators for reimbursing clients payments on unrealized trips as a result of COVID-19.
The adopted BGN 36 million (€18 million) increase of the expenditures under the budget of the Ministry of Tourism for 2021 are going to be counted as an additional resource allocation to the Policy in the field of sustainable development of tourism and budget program "Improvement of policies and regulations in the tourism sector".
Thus the allocated additional funding shall be reflected in the implementation of the respective expenditure indicators under the budget of the Ministry of Tourism in 2022. The Minister of Tourism shall make relevant changes to the budget of the Ministry of Tourism for 2021 and to notify the Minister of Finance.
|Does not apply to workers||
Sector specific set of companies
||Does not apply to citizens|
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Role||No involvement||No involvement|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
No involvement of social partners in the implementation of the measure.
No view of social partners are encountered at the time of adopting the measure.
|Economic area||Sector (NACE level 2)|
|I - Accommodation And Food Service Activities||I55 Accommodation|
This case is not occupation-specific.
Eurofound (2022), Support for the tourism sector in the pandemic, measure BG-2021-50/2167 (measures in Bulgaria), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/BG-2021-50_2167.html
30 January 2023
Governments across the EU continue to implement policies to support citizens and businesses in the face of rising food and energy prices caused by the COVID-19 crisis and intensified by the war in Ukraine. This article summarises the policy responses as reported in Eurofound's EU PolicyWatch database from January to September 2022.Article
12 September 2022
Although the worldwide pandemic situation had already disrupted supply chains and triggered increases in energy and food prices in 2021, the situation deteriorated in 2022 with the Russian invasion of Ukraine.Article
12 September 2022
This article summarises the first policy responses that governments across the EU have started to implement to support companies affected by the rising prices, and those with commercial ties to Ukraine, Russia or Belarus.Article
Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.