NEWS

The Presidents of Bulgaria and Estonia Discussed the EU Multiannual Financial Framework and the Need of Taking Measures for the Social and Economic Recovery after the Coronavirus

The debates on the EU Multiannual Financial Framework (MMF) and the need of taking efficient measures for Europe’s social and economic development after the coronavirus were discussed in a telephone conversation held between the Presidents of Bulgaria and Estonia Rumen Radev and Kersti Kaljulaid. In the Bulgarian President’s words, escalation of the tension provoked by the coronavirus should not be allowed and therefore timely actions in support of the affected citizens and the small and medium companies should be taken.

The potential postponement of adopting the MMF will most severely affect the Eastern European countries, Rumen Radev said and highlighted the importance of the EU Cohesion and Common Agricultural Policy as factors for economic growth and social cohesion in Europe. It is essential that solidarity in the EU should not crack in conditions of crisis and this is an obligatory condition for overcoming the social and economic consequences of the coronavirus, the Bulgarian Head of State noted.  

The EU’s role in preserving the potential of international trade and transport for the supplies of medical equipment, food and essential goods for the citizens and the national economies, was also among the topics of the conversation.  

The two Presidents exchanged opinions about the adopted measures for limiting the spread of the coronavirus in Bulgaria and Estonia, and also those in support of the affected citizens and the economy.

The prospects for the development of the investment potential of the Three Seas initiative for the implementation of concrete projects in the area of regional transport, energy and digital connectivity were also discussed.