Text size

European Commission: National recovery plan means investment and reform

published on 12/1/20 6:18 PM

Photo: BGNES

"When we talk about national recovery and sustainability plans, we are talking about investments and reforms, qualitative changes in the economy that will bring sustainability and a more globally competitive European and Bulgarian economy." This was said by Tsvetan Kyulanov, the head of the Representation of the European Commission in Bulgaria, during the 24th Bulgarian Economic Forum, which was held online.

Kyulanov said that there was almost a doubling of the available funds from Europe which would enter the Bulgarian economy, emphasizing that it was important how we would use them, BTA reported.

The pandemic has aggravated the economic state of 70% of Bulgarian companies, the forum participants announced. According to 70% of the participants in the annual poll of the Bulgarian Industrial Association, the government's anti-crisis measures are inefficient.

The economic recovery of Bulgaria can start in 20212, the chairperson of the Bulgarian Economic Forum Georgi Tabakov said.

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

Radio Bulgaria News Bulgarian Economic Forum economic recovery economy European Commission

More from category

Temperatures will drop

On Tuesday, minimum temperatures will be between minus 3 and 2°C, around minus 2°C in Sofia. During the day, cold air will spread across the country. Clouds will be heavier over southern Bulgaria, with light snow showers in the Rila-Rhodope region and..

published on 2/3/25 7:05 PM

Inspections in aesthetic medicine centers start after incidents with Botox

Minister of Health Silvi Kirilov has ordered a comprehensive analysis of the regulatory framework in the field of aesthetic medicine. E xtraordinary inspections are also beginning throughout the country for unregulated medical services in the field...

published on 2/3/25 6:02 PM

Illegal migrants and traffickers stand no chance at Bulgarian-Turkish border, Minister Mitov says

A joint contingent of officers from Bulgaria, Austria, Romania and Hungary has begun work that will strengthen the security of Bulgaria's border with Türkiye, which is now external to Schengen . Minister of the Interior of Romania - Cătălin Predoiu,..

published on 2/3/25 5:37 PM