Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Outgoing Minister Lorer warns Bulgaria could lose €2.5bn from Recovery and Resilience funds

Daniel Lorer
Photo: BGNES

Bulgaria is at risk of losing the 2.5 billion euros provided for this year under the Recovery and Resilience Plan if it does not implement the necessary reforms, said outgoing Innovation and Growth Minister Daniel Lorer in Brussels, where he met with Executive Vice-President of the European Commission Margrethe Vestager. He added that the time of the Bulgarian parliament needed to be extended to adopt the most critical reforms.

The Plan requires "a lot of laws to be adopted on schedule" - among them the legislature on the anti-corruption commission, on public procurement, and the Trade Law. "There is no time to lose, the danger of losing the funds is real if we cannot convince the Commission that we are passing these laws," Daniel Lorer stressed.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

MP Rosen Zhelyazkov, GERB

GERB-SDS submit request for interpretation of provisions of the Constitution

MPs from GERB-SDS have submitted a request to the Constitutional Court for interpretation of provisions of the country's basic law, BTA reported. The MPs want clarity whether when the mandate of the members of the Supreme Judicial..

published on 11/28/24 11:34 AM

Price of natural gas in Bulgaria rises by 11%

The increase in the price of natural gas in December is nearly 11 percent, which means up to nearly 39 euros per megawatt-hour, excluding taxes. This was what representatives of Bulgargaz said during the public discussion of..

published on 11/28/24 11:20 AM

Supreme Administrative Court has once again failed to elect chair

There are no candidates for the position of chair of the Supreme Administrative Court (SAC) , BTA has reported. The plenum of the Supreme Judicial Council held a meeting in an attempt to elect head of the institution. The procedure..

published on 11/28/24 10:21 AM