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EU approves EUR 7 billion for Bulgaria

EU funds amounting to EUR 7 billion have been approved in the last two months  under seven operational programmes . The money will support the Bulgarian economy over the next six years, Deputy Premier Atanas Pekanov said at a briefing at the..

21.10.22 12:04 |
Atanas Pekanov

Pekanov: By the end of the year, we are waiting for the first payment under the Recovery Plan

Due to a problematic project in the Ministry of Internal Affairs with an announced public procurement, for which a candidate contractor has not been found, the first payment under the Recovery and Resilience Plan may be delayed, announced the Deputy..

11.08.22 16:31 |

Ongoing programme for accommodation of Ukrainian refugees ends on August 31: Deputy Minister

The ongoing programme for accommodation of Ukrainian refugees ends on August 31, Bulgaria’s Deputy Minister of Tourism Irena Georgieva said for the BNT. Nearly 26,000 Ukrainians have been accommodated in 1,000 hotels and state facilities. A..

21.07.22 10:38 |
The European Chief Prosecutor Laura Kövesi visited Bulgaria on March 16 to discuss closer collaboration over corruption cases, doubtful infrastructure deals and mismanagement of EU funds in Bulgaria. She also met with Bulgaria's Chief Prosecutor Ivan Geshev.

EPPO confirms signals of high-level corruption in Bulgaria

The European Public Prosecutor's Office (EPPO) confirmed that it had received several reports from Bulgaria with serious allegations of “fraud with EU funds and systemic corruption, involving top officials.” Investigations are ongoing, and no..

21.03.22 17:48 |
MEP Elena Yoncheva

MEP Elena Yoncheva: Prosecutor General Ivan Geshev is expected to attend a hearing in Brussels

According to preliminary information, Bulgaria’s Prosecutor General Ivan Geshev, this country’s Premier Kiril Petkov and Bulgaria’s Minister of Justice Nadezhda Yordanova are to attend the forthcoming hearing in Brussels organized by..

23.01.22 14:28 |

Police enters the Municipality of Pomorie over signal for misuse of EU funds

Police teams have entered the Pomorie Municipality this morning to investigate the misuse of European funds for the construction of fishing villages. There are indications that expenses to the tune of millions of euros have been written off without..

10.01.22 11:32 |

S&P Global reaffirms Bulgaria’s BBB credit rating

S&P Global Ratings has reaffirmed its long and short-term foreign and local currency sovereign credit ratings on Bulgaria at BBB/A2-, and kept a stable outlook. The slow pace of vaccine rollout and the potential new outbreak of Covid-19..

01.06.21 10:26 |

Caretaker cabinet trying to save Recovery and Sustainability Plan

The Recovery and Sustainability Plan does not sufficiently meet the ambitious goals of the European Commission, Atanas Pekanov, Deputy Prime Minister responsible for European funds management, has told BNR. He said that the..

23.05.21 11:42 |

US Congressional Research Service: Bulgaria’s location gives it strategic importance for an array of US security concerns

“The fragmented results (of the election) may make it difficult for any party to form a government. (…) The next government faces an array of policy challenges, including mitigating the health and economic impacts of the Coronavirus Disease 2019..

28.04.21 11:49 |

OLAF recommends that Bulgaria recover EU funds to the tune of nearly EUR 6 million

According to a recent investigation of the European Anti-Fraud office (OLAF), t he Bulgarian Ministry of Interior breached the terms of its grant agreement with the European Commission by using EU money to buy SUVs from older stocks instead of new..

01.02.21 18:40 |
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