Text size

Commission disburses first payment of nearly €1.4 billion to Bulgaria under the Recovery and Resilience Facility

published on 12/16/22 3:24 PM

Atanas Pekanov

Photo: BGNES

Today, the Commission paid €1.37 billion to Bulgaria - the first tranche under the Recovery and Resilience Plan, said Atanas Pekanov, the caretaker Deputy Prime Minister for EU Funds Management.

The subsidy will be used for the modernisation of small and medium-sized enterprises; completion of the third metro line; expansion of TETRA (a crypted communications network used by the police, army, etc.); projects related to renewable energy sources; and construction of outdoor lighting in municipalities. In order to receive the first funds, the country has met 22 milestones and targets of the Plan.

A further 66 steps related to the second payment of € 740 million are to be taken.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Atanas Pekanov Recovery and Resilience Plan

More from category

Egyptian vulture (for illustration purposes)

Egyptian vulture poisoned near Krumovgrad

A dead Egyptian vulture was found near the village of Hrastovo in Krumovgrad municipality , the press center of the Regional Directorate of the Ministry of Internal Affairs in Kardzhali announced. Samples were taken from the bird, which is a protected..

published on 8/4/25 6:20 PM

From vacations to AI - another month of decline in job openings in Bulgaria

Job offers in all sectors of the Bulgarian economy are decreasing in July, according to the analysis of a leading online job posting platform in the country. According to the data from the monthly analysis, a decrease of 12%, or over 5,000 jobs, was..

published on 8/4/25 5:58 PM

Public figures urge the state to take position on situation in Gaza

Public figures in this country are demanding that Bulgaria take a position on the situation in Gaza. “While the International Court of Justice is considering a case involving genocide charges, Bulgaria does not have the moral right to keep its..

published on 8/4/25 4:16 PM