The European commission has confirmed it has received the revised Bulgarian recovery and resilience plan, and will make a decision within two months, after which the member countries will have up to four weeks to approve the EC’s assessment.
Bulgaria is seeking an amendment affecting 17 investments included in the initial plan. The funding for some of these investments has been cut down – for example, those connected with the energy efficiency of public buildings, the national infrastructure for the storage of renewable electricity and the modernization of hospital facilities. Other investments – for the digital transformation of Bulgaria's national postal service provider Bulgarian Posts, for an intermodal transport terminal in Ruse and for the digitization of the administration, control and the effective use of water, have been removed.
After making an analysis, the European Commission will decide what activities to finance and how to help miners in Bulgaria.
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle pollution. Bulgaria is participating in two of these projects and will receive funding to install charging..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks an upgrade from the 2% growth rate estimated in the Commission’s spring outlook. The expected GDP..
Bulgaria has no additional conditions from the United States for the exception of the sanctions imposed on Lukoil to enter into force, Minister of Energy Zhecho Stankov told BNT. If necessary, the postponement of the sanctions against Lukoil can be..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
Bulgaria has no additional conditions from the United States for the exception of the sanctions imposed on Lukoil to enter into force, Minister of..
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