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The European Commission adopts new package of measures to stimulate EU’s capital markets

At the end of November, the European Commission adopted a package of measures to improve the ability of companies to raise capital across the EU and to ensure that Europeans receive the best offers for their savings and investments . At a..

08.12.21 11:54 |

European Commission initiates two infringement proceedings against Bulgaria

The European Commission has started 2 proceedings against Bulgaria in the Court of Justice of the EU. According to Brussels, Sofia is not properly implementing the exchange of criminal records and the 2009 EU Council decision establishing a single..

02.12.21 19:20 |

EC permits Bulgaria to make payments to businesses to compensate for high electricity bills

The European Commission has informed the Bulgarian government that the payments to businesses, amounting to 110 Leva per MWh (56 euro), do not constitute state aid and Bulgaria can apply this measure to protect non-household consumers against high..

11.11.21 18:34 |

Bulgaria activates the EU civil protection mechanism over Covid-19

Bulgaria has activated the EU civil protection mechanism for medical products. This was announced by European Commission spokesman Balazs Ujvari.   Even though no reason is given, the mechanism is probably being activated because of the..

10.11.21 16:37 |
Minister of Justice Ivan Demerdzhiev

Caretaker cabinet vows to EC to put through judicial reforms

“The European Commission has raised the issue, with particular poignancy, of the liability of the prosecutor general and of public scrutiny of his acts,” caretaker Minister of Justice Ivan Demerdzhiev said for BNT. The caretaker government has..

04.11.21 10:07 |

The European Commission begins assessment of Bulgaria’s Recovery and Resilience Plan

Eric Mamer, chief spokesman for the European Commission stated that the EC  had begun the assessment of Bulgaria’s Recovery and Resilience Plan .  The document was submitted to the EC on 15 October. Eric Mamer did not undertake to say whether the..

25.10.21 14:55 |
Deputy Prime Minister Atanas Pekanov

EUR 1.2 billion to be allocated to Bulgaria’s coal mining regions in the next 6 years under the Just Transition Fund

Bulgaria's National Recovery and Resilience Plan is in line with the European Commission's decarbonisation plans. In the next 6 years, nearly EUR 1.2 billion will be allocated to the coal mining regions Pernik, Stara Zagora and Kyustendil under the..

17.10.21 14:25 |
Frans Timmermans

First payment under Recovery and Resilience Plan will be no earlier than the beginning of 2022, Frans Timmermans says

European Commission Executive Vice-President Frans Timmermans stated, in an interview for the BNR, that the EC would get to work on Bulgaria’s Recovery and Resilience Plan but declined to say whether it was possible for the first advance payment to..

16.10.21 10:27 |

EU Commissioner Timmermans promises fair energy transition in Sofia

The first real step on the road to Bulgaria's green transition is the National Plan for Recovery and Sustainability, said Prime Minister Stefan Yanev at the forum "Green Transition - Solutions and Challenges for Bulgaria", which is also attended by..

15.10.21 12:31 |
EC Vice President Frans Timmermans on visit in Sofia, October 15, 2021

Frans Timmermans in Sofia: The EC is not against nuclear energy and natural gas

I cannot say whether the date 2040 is good for the closure of the Bulgarian coal-fired power plants until we get acquainted with the country's  Recovery Plan . The European Commission has nothing against nuclear energy, but it is more expensive...

15.10.21 11:03 |
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