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

EC: Bulgaria late in implementing RRP

Photo: БГНЕС

Bulgaria is significantly behind in the implementation of the Recovery and Resilience Plan (RRP), says the report on the country prepared by Brussels for 2024, reports BNT. Bulgaria's RRP amounts to 5.689 billion euro in grants. So far, Bulgaria has received only one payment of 1.37 billion euro. 

However, the delay in the implementation of the plan is preventing the country from receiving the remaining funds. So far, Bulgaria has met only 22 out of 321 targets. The deadline for implementing the RRP is August 2026. 

One of the European Commission's recommendations is to improve the business environment. Some 53% of investors in the country are not confident that their investments will be protected by the legal and judicial system. Bulgaria also faces challenges in decarbonising its economy and energy production. According to Brussels, the delayed liberalisation of the electricity market is hampering the transition to clean and affordable energy.



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

Bulgaria's second-largest coal-fired power plant shuts down, workers laid off

Today is the last day of operation of Bulgaria's second largest coal-fired power plant, ContourGlobal Maritsa East 3 TPP. From tomorrow, 130 of the company's 160 employees will be laid off.  In recent weeks, the state, which has a 27% stake in the..

published on 3/31/25 3:07 PM
King Abdullah II of Jordan

King Abdullah II of Jordan visits Sofia to co-chair high-level meeting

Bulgaria and Jordan will co-chair a high-level meeting in Sofia as part of the Aqaba Process Initiative . At the invitation of Bulgarian President Rumen Radev and His Majesty King Abdullah II of Jordan, heads of state, government officials,..

published on 3/31/25 2:44 PM

The number of work accidents is increasing

Work accidents last year were 114 more than in 2023, while deaths decreased by a quarter, the National Social Security Institute reports. A total of 3,108 work accidents were declared during this period - most of them occurred at..

published on 3/31/25 11:25 AM