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

Nayden Todorov (R) and Prof. Lyudmil Vagalinski

Culture Minister Naydenov: Heraclea Sintica is Petrich’s passport to the future

Minister of Culture Nayden Todorov awarded a Guardian of Heritage certificate to archaeologist Professor Lyudmil Vagalinski for his significant contribution to the discoveries made in the ancient city of Heraclea Sintica near Petrich...

published on 12/10/24 9:39 AM

Prosecutor General Borislav Sarafov pays working visit to US

Acting Prosecutor General Borislav Sarafov is paying a working visit to the US , at the invitation of the Federal Bureau of Investigation (FBI), as an expression of Sarafov’s commitment and long years of cooperation, ever since the time he was..

published on 12/10/24 9:13 AM

Austria drops veto on Bulgaria and Romania’s full Schengen membership

Austria has lifted its veto on Romania and Bulgaria’s full membership of the Schengen area, the Austrian Ministry of Interior has announced. “We can take the next step at the EU (Justice and Home Affairs) Council,” Interior Minister Gerhard..

published on 12/10/24 8:59 AM