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.
In the second quarter of 2025, Bulgaria recorded the second-highest GDP annual growth in the European Union with a rise of 3.4% compared to the same period last year, according to Eurostat data. Compared to the previous quarter of 2025, Bulgaria..
Bulgaria’s state budget for 2025 does not add up. “The genie is out of the bottle – the state has never spent at such a pace,” warn financial experts. With only a few months left in the year, and despite the strenuous efforts of institutions such as the..
Bulgaria’s state gas supplier Bulgartransgaz has been “decapitalised” by a contract with Turkish company Botaş, Energy Minister Zhecho Stankov warned on Thursday, saying the deal could also threaten gas supplies to local district heating companies...
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil,..
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