ANNOUNCEMENT 01 Mar 2015

In March 2015, the government of Bulgaria announced a change in private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 01 Mar 2015 | Removal date: open ended
Still in force

Production subsidy

On the 1st March 2015, the Republic of Bulgaria announced the distribution of 1.4BN Bulgarian Levs (USD 574,363,524) of governmental agricultural subsidies falling under the direct payment scheme.
The GTA includes state guarantees and other financial incentives thatare likely to affect the restructuring and performance of firms facinginternational competition, whether from imports, in export markets, andfrom foreign subsidiaries.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A