Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

EC approves more than €1 billion from the Fair Transition Plan for Bulgaria

Photo: BGNES

Bulgaria will receive €1.2 billion from the Fair Transition Fund after the European Commission approved Bulgaria's Territorial Just Transition Plans, the Commission's press office said.

The funds will be allocated to the regions of Stara Zagora, Kyustendil and Pernik, which face the greatest socio-economic challenges in phasing out coal and reducing CO2 emissions. 

The government's priority is to ensure that this money reaches the regions as quickly, efficiently and transparently as possible, the cabinet's press office said. The funding will support the transition away from coal-fired power generation, retraining and upskilling, and the creation of new employment opportunities for more than 15,000 workers in the three regions. 

Over the next six years, mining areas will be rehabilitated and transformed into industrial zones and renewable energy sites. The funding will be used to support workers and introduce energy efficiency measures in the homes of energy-poor households. It will be used to build industrial parks and zones, develop renewable energy production and components, and diversify the economy through new businesses. In Stara Zagora, investments in large enterprises will be supported and so far more than 20 companies have expressed preliminary interest.

The programme will help Bulgaria meet the EU's climate and energy targets by 2030 and become a climate neutral economy by 2050.



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

Second day of boycotting big grocery chains announced on February 20

Public organizations in Bulgaria have announced a second day of boycott of grocery chains for February 20 , after reporting the success of the first such initiative in our country.  On the first day of the boycott, according to data from the..

published on 2/20/25 7:35 AM

Bulgarian Parliament to hear cabinet ministers on US "questionnaire" related to Ukraine peacekeeping operation

The Bulgaria Parliament will hear today the Minister of Defense Atanas Zapryanov and the Minister of Foreign Affairs Georg Georgiev about a "questionnaire" prepared by the US on topics related to Bulgaria's readiness to participate in a special military..

published on 2/20/25 6:05 AM
A white fairy tale from Burgas!
Photo: Marina Kirova in the Facebook group

Frosty weather, subzero temperatures expected in almost all regions of Bulgaria on Thursday

On Thursday, the minimum temperatures in Bulgaria will be between minus 14 °C and minus 8°C. In Sofia, it will be around minus 12°C. The day will be sunny but frosty. The thermometer values ​​in most places will be negative. Before noon, there will be..

published on 2/19/25 7:05 PM