EUR 160 million from the European JEREMIE initiative will be reinvested in the modernization and development of Bulgarian businesses, with the structuring of new financial instruments expected to begin in 2026, the government said on December 15, 2025. The resource consists of recovered funds from financial-engineering operations already implemented under the Operational Programme Development of the Competitiveness of the Bulgarian Economy. Until then, JEREMIE financing will continue to be managed by the European Investment Fund (EIF).
To enable the reinvestment, the Council of Ministers approved amendments and additions to the Framework Agreement and the Funding Agreement between the government of Bulgaria and the EIF, extending their term through 2035. Once the updated agreements are signed and ratified by the National Assembly, an assessment of market conditions and the design of the specific financial instruments to be offered to Bulgarian companies is expected to begin.
