The European Commission has already given the green light to Bulgaria’s Recovery and Resilience Plan. Now, the European Council should finally endorse the plan. The procedure will take about one month and is expected to end in the beginning of May, said Cvetan Kyulanov, Head of the European Commission’s Representation in Bulgaria.
Bulgaria is expected to claim the first grant at the end of the second or the beginning of the third quarter of 2022. Disbursements can take place a maximum of twice a year, Cvetan Kyulanov pointed out.
A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The investment is worth 2 million leva (over 1 million euros). The company will build a new..
The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..
The Celestial Empire, the “world’s factory”—that is China, the globe’s second-largest economy. The Asian powerhouse is actively expanding its economic reach worldwide, with the Belt and Road Initiative as the apogee of these efforts, through which..
Partly cloudy, chance of rain
Mostly Cloudy
Cloudy