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    Signature(s)

    Amount
    € 500,000,000
    Countries
    Sector(s)
    Bulgaria : € 500,000,000
    Health : € 15,000,000
    Industry : € 15,000,000
    Credit lines : € 15,000,000
    Education : € 20,000,000
    Water, sewerage : € 20,000,500
    Telecom : € 35,000,000
    Energy : € 35,000,000
    Solid waste : € 44,999,500
    Transport : € 75,000,000
    Composite infrastructure : € 90,000,000
    Services : € 135,000,000
    Signature date(s)
    17/09/2025 : € 7,500,000
    17/09/2025 : € 7,500,000
    17/09/2025 : € 7,500,000
    12/12/2024 : € 7,500,000
    12/12/2024 : € 7,500,000
    12/12/2024 : € 7,500,000
    17/09/2025 : € 10,000,000
    12/12/2024 : € 10,000,000
    17/09/2025 : € 10,000,250
    12/12/2024 : € 10,000,250
    17/09/2025 : € 17,500,000
    17/09/2025 : € 17,500,000
    12/12/2024 : € 17,500,000
    12/12/2024 : € 17,500,000
    17/09/2025 : € 22,499,750
    12/12/2024 : € 22,499,750
    17/09/2025 : € 37,500,000
    12/12/2024 : € 37,500,000
    17/09/2025 : € 45,000,000
    12/12/2024 : € 45,000,000
    17/09/2025 : € 67,500,000
    12/12/2024 : € 67,500,000

    Summary sheet

    Release date
    10 April 2024
    Status
    Reference
    Signed | 12/12/2024
    20230753
    Project name
    Promoter - financial intermediary
    BULGARIA EU FUNDS CO-FINANCING 2021-2027 (SPL)
    REPUBLIC OF BULGARIA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 1000 million
    EUR 10176 million
    Location
    Sector(s)
    Description
    Objectives

    The operation consists of a Structural Programme Loan (SPL) to co-finance along with EU funds eligible projects in Bulgaria during the EU programming period 2021-2027.

    The aim is to co-finance priority investments under the EU 2021-2027 Operational Programmes in Bulgaria.

    Additionality and Impact

    The Project concerns priority investments under the 2021-27 Partnership Agreement of Bulgaria and it supports the implementation of eligible schemes under five programmes financed by the European Regional Development Fund (ERDF), Cohesion Fund (CF) and Just Transition Fund (JTF). The whole territory of Bulgaria is designated as EIB Cohesion Priority Region. The five programmes are plan-led and well-embedded in the EU Cohesion policy architecture, contributing to the policy goals of a smarter, a greener, a more connected and a Europe closer to citizens. Investments will also support the territories and communities that are most exposed to the transition towards net-zero emission economy.

     

    EIB support to the national co-financing share in the EU funds investments will help kick-start/accelerate the implementation of the investments on the ground. The Project fosters a balanced socioeconomic and territorial development of Bulgaria, in line with the Territorial Agenda 2030. It will therefore contribute to the EU's policy objective of economic and social cohesion. The Project addresses sub-optimal investment situations in many sectors that are essential to social and economic cohesion.

     

    The EIB financing on favourable terms, such as long tenors and sizeable amount from one source, paired with flexible drawing conditions, provides diversity in the financing structure and assists with the affordability of the national public investment programmes.

    Environmental aspects
    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Milestone
    Under appraisal
    Approved
    Signed
    18 September 2024
    12 December 2024

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - BULGARIA EU FUNDS CO-FINANCING 2021-2027 (SPL)
    Publication Date
    21 Sep 2024
    Document language
    Main Topic
    Lending
    Document Number
    216960446
    Document Focus
    Environmental Information
    Project Number
    20230753
    Regions
    Countries
    Publicly available
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