Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

First EU payments under recovery plan expected in the autumn, EU Funds Minister says

Atanas Pekanov
Photo: BGNES, archive

The first payments under the recovery and resilience plan are expected in the autumn, caretaker Minister for EU Funds Atanas Pekanov said in an interview with Nova TV. The sum will amount to EUR 1.3 billion and Bulgaria will request it by the end of August, and within two months the European Commission will answer whether it will allocate the money.  Minister Pekanov stated that for there to be subsequent payments, the new parliament will have to approve 22 laws by the end of 2022.

In the next five years close to EUR 1.5 billion will be invested in the development of Bulgarian businesses under the new programme Competitiveness and Innovation in Enterprises. The monmey will go to help micro, small and medium-sized enterprises introduce new technologies and innovations, the Ministry of Innovation and Growth says.



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

KBC Group raises its forecast for Bulgaria's economic growth in 2026

KBC Group expects the Bulgarian economy to grow slightly more next year in comparison to its previous forecasts, according to the conclusions of the Belgian financial group's latest assessments of the economies of Central and Eastern..

published on 11/20/25 8:50 AM

BNB: Bulgaria posts strong FDI inflows from Netherlands, Italy, Greece; outflows led by U.S.

Foreign direct investment (FDI)  in Bulgaria posted the largest net inflows from the Netherlands, Italy and Greece in the first half of 2025, the Bulgarian National Bank (BNB) said. Net FDI inflows totalled €554.9 million from the Netherlands, €325.2..

published on 11/19/25 5:41 PM

European and Bulgarian businesses to meet with the Bulgarian Stock Exchange in Sofia

The Bulgarian Stock Exchange (BSE) will participate in the event "EU-Chambers Business Chill with the Bulgarian Stock Exchange," according to a post by the BSE on Facebook. The event is being organised by the Hungarian-Bulgarian Chamber of..

published on 11/19/25 8:15 AM