Podcast in English
Text size
Bulgarian National Radio © 2025 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

Amendments to the draft budget hint at state's readiness to buy Lukoil assets

Two billion euros in additional state guarantees and a concession of the Bulgarian Sports Totalizator are part of changes to the draft budget for 2026, submitted between the first and second readings. The change that increases the..

published on 11/25/25 4:47 PM

More than 86% of people say that wage growth in 2025 is not sufficient

The increase in the minimum wage is supported by 54.1% of Bulgarians. 1/3 of respondents believe that the minimum wage should be equal to the living wage. This is indicated by the results of a representative survey by the Myara..

published on 11/25/25 1:19 PM

President Rumen Radev: Peace in Ukraine will be written by the victors

“We see a rational plan for a quick peace from President Donald Trump, according to which the situation on the battlefield is developing extremely unfavorably for Ukraine, and he is trying to prevent a worse scenario and additional casualties,”..

published on 11/25/25 11:14 AM