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

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

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!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Admiral Emil Eftimov

Bulgaria's Chief of Defense Emil Eftimov to present an analysis of the state of the Armed Forces

The annual conference of Bulgaria’s Chief of Defense Admiral Emil Eftimov will take place from February 25 to 26, 2025. Today, Admiral Eftimov will present the "Analysis of the state and preparedness of the Armed Forces in 2024." Defense Minister..

published on 2/25/25 7:10 AM

Goethe Institut Bulgaria hosts a discussion on the potential of culture to counter youth aggression

Goethe Institut Bulgaria and Ideas Factory Association are organizing a discussion on the role of culture as a means of countering violence and youth aggression. The event will take place from 16.0 pm to 18.00 pm at Goethe Institut Bulgaria. The open..

published on 2/25/25 6:00 AM

Temperatures are expected to rise on Tuesday

On Tuesday , the minimum temperatures in Bulgaria will be between minus 5 and 0°C, in the northeast - as low as minus 11°C. In Sofia, it will be around minus 3°C.  In the morning, fog is possible near the rivers. During the day, there will be light..

published on 2/24/25 7:25 PM