Bulgaria has signed an agreement on operational arrangements with the European Commission. This is the last necessary agreement under the Recovery and Resilience Plan before the country can submit an official request to receive funds under the mechanism, the Ministry of Finance has reported. The operational agreement specifies the verification method for the achievement of the agreed objectives and practical issues related to monitoring of the implementation of the plan.

In the coming days, Bulgaria will send the first request for receiving funds under the mechanism. After the necessary assessment, the first transfer of money is expected to be received in the autumn.