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

Bulgaria to ask European Commission to amend recovery and resilience plan

Photo: EPA/BGNES

The caretaker government has instructed Deputy PM and Minister of Finance Lyudmila Petkova to submit, by 11 September, a proposal for amending the REpowerEU chapters of the recovery and resilience plan.

This is being done so as to make the completion and approval of the European Commission assessment possible by the end of 2024. In this way the finance minister will implement the parliamentary decision from 12 January, 2023, by force of which the government has to renegotiate the plan regarding reforms in the energy industry. The MPs then decided the requirement for a 40% reduction of carbon emissions by the end of 2025 must be renegotiated, taking 2019 as the basis. The National Assembly decision also sets down the renegotiation of the grant assistance for batteries, making it 50%, as well as the reassignment of 50% of the finding for geothermal energy set down in the plan towards energy-efficient housing renovation, the Bulgarian news agency BTA reports.



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

Lukoil Neftochim in Burgas

FT: Russian oil company Lukoil plans to sell its Bulgarian refinery to Qatari-British consortium

The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the Balkans, writes the Financial Times .  The deal is expected to be announced by the end of..

published on 11/6/24 11:55 AM

Bulgaria and Argentina take new steps in their trade cooperation

Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the Chaco province to Bulgaria at the beginning of November . High-ranking officials from the..

published on 11/5/24 11:49 AM
Dobrin Ivanov

Employers want the Supreme Administrative Court to freeze the minimum wage

Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...

published on 11/5/24 11:41 AM