Bulgaria is to submit its recovery plan to the European Commission by the end of the term of office of the caretaker cabinet, Iliana Tsanova, Deputy Director General of the Directorate-General for Budget (DG BUDG), said for the Bulgarian National Radio. In her words, in the best case scenario, by the end of 2021 Bulgaria will receive advance payment amounting to 13% of the whole amount, in order to start implementing the projects. "Our economy has the opportunity to absorb EUR 6 million in two years and make investments with higher added value," noted Iliana Tsanova. "The recovery plan is not only an investment instrument. It is also an instrument for reforms", added Iliana Tsanova.
Prime Minister Rosen Zhelyazkov and Deputy Prime Minister Tomislav Donchev cancelled the meeting, scheduled for today, of the National Tripartite Council on the draft budget for 2006 after, in an unprecedented move, businesses decided not to take..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among them a direct link Bucharest-Sofia-Athens. According to the plan, using the trans-European..
President Rumen Radev has returned for a new discussion in parliament the adopted legal amendments, according to which the sale of assets of Russian company Lukoil in the country will take place after a decision of the Council of..
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