Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria is catching up with the delay in Recovery and Resilience Plan

Photo: BGNES

Bulgaria has submitted the documents for receiving the second payment under the National Recovery and Resilience Plan. This happened after more than 30 measures were implemented in the past 3 months, which make up for the serious delay in the implementation of the plan.

The deadline for the implementation of the measures was until the end of 2022. With the submission of the documents, access to funds of about 4.5 billion euros under the Recovery and Resilience Mechanism has once again been granted, the Ministry of Finance reports. The second payment under the Mechanism totals about EUR 700 million and includes 66 stages and measures, as 22 of them are legislative changes. A total of 62 stages have already been completed, or 94%.

The European Commission has two months to evaluate the submitted document.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Caretaker PM Dimitar Glavchev

Caretaker cabinet readies to hand over power and reports on its work

The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European Parliament. All activities were transparent and within the deadlines set, the caretaker cabinet with..

published on 7/2/24 10:41 AM
Ivelin Mihaylov

Velichie founder Ivelin Mihaylov says he was threatended byparty’s parliamentary group chair Nikolay Markov

“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their support,” Ivelin Mihaylov, one of the founders of Velichie party said for the BNR. GERB-SDS..

published on 7/2/24 10:08 AM

IMF urges Bulgaria to raise social security contributions and pensions

In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..

published on 7/2/24 9:21 AM