Text size

Losing €8bn under RRP a huge mistake, former deputy prime minister for EU funds warns

published on 7/7/24 11:20 AM

Атанас Пеканов

Photo: Савина Спасова

Bulgaria has given up the fight for reforms and investments under the Recovery and Resilience Plan (RRP), former caretaker deputy prime minister for EU funds Atanas Pekanov told BNR. He said that Nikolai Denkov's government had made a serious mistake by failing to pass the necessary laws, when it had a parliamentary majority.

The former minister warned that if Bulgaria did not use the funds under the RRP, there would be long-term consequences because the country would miss out on important investments.

"They all believe that because the economy is improving, this money is not needed in Bulgaria, but this is a grave strategic mistake. Losing 8 billion euros by refusing to accept reforms that would be helpful would be a huge act of self-sabotage," Atanas Pekanov said. He added that Bulgaria does not stand well among EU countries because of political instability and the lack of a regular government.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News atanas pekanov blunder bulgaria rrp self sabotage

More from category

Tuesday brings more cloudy skies and rain

Rain will continue to fall on and off in many places. It will be almost rainless along the Danube and in northeastern Bulgaria. Minimum temperatures will be between 5° and 10°C, in Sofia - 7°C, and maximum - between 11°C and 16°C, in Sofia - about 11°C...

published on 3/31/25 7:05 PM

Farmers are ready to protest due to the lack of irrigation water

Farmers across the country have declared their readiness for effective protests due to a lack of irrigation water, reported BNR’s correspondent Veselina Milanova. The Bulgarian Agrarian Chamber has sent a letter demanding an urgent meeting with..

published on 3/31/25 5:57 PM

Toll fees increase on April 1, vignettes on May 1

The increase in vignette prices will take effect on May 1, while the new higher toll fees for heavy goods vehicles and buses will take effect on April 1 . Additionally, a second toll fee adjustment is scheduled for September 1. From May 1, the..

published on 3/31/25 5:30 PM