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.
Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil company Lukoil, Reuters and BNR Horizont reported. The general license allows companies and banks to..
The leader of "We Continue the Change", Asen Vassilev, described the selection of Rumen Spetsov as a special manager at Lukoil as a "bad joke". "Rumen Spetsov was appointed to collect taxes, not to manage a refinery. There is a..
The nominated person for special manager for the four companies of "Lukoil Bulgaria" is Rumen Spetsov, Minister of Economy, Petar Dilov, said. "He meets all legal requirements", Dilov added. The decision was discussed at the Security..
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..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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