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

EC: Bulgaria late in implementing RRP

Photo: БГНЕС

Bulgaria is significantly behind in the implementation of the Recovery and Resilience Plan (RRP), says the report on the country prepared by Brussels for 2024, reports BNT. Bulgaria's RRP amounts to 5.689 billion euro in grants. So far, Bulgaria has received only one payment of 1.37 billion euro. 

However, the delay in the implementation of the plan is preventing the country from receiving the remaining funds. So far, Bulgaria has met only 22 out of 321 targets. The deadline for implementing the RRP is August 2026. 

One of the European Commission's recommendations is to improve the business environment. Some 53% of investors in the country are not confident that their investments will be protected by the legal and judicial system. Bulgaria also faces challenges in decarbonising its economy and energy production. According to Brussels, the delayed liberalisation of the electricity market is hampering the transition to clean and affordable energy.



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

Cabinet allocates €460,000 in aid for fire-affected families

The Council of Ministers has decided to grant a total of €460,176 in aid to families affected by the forest fires. 'Until now, they could apply for €978. 'We are now providing an additional €1,533 per family, bringing the total to approximately..

published on 7/30/25 2:43 PM
Rosen Zhelyazkov

Government to brief MPs on readiness to procure firefighting equipment

The government will submit a report to the National Assembly tomorrow detailing the readiness of each relevant ministry to procure specialised firefighting equipment, Prime Minister Rosen Zhelyazkov announced. He recalled that the previous..

published on 7/30/25 2:28 PM

Parliament expands state powers to confiscate illegally acquired assets

Members of Parliament have approved the confiscation of assets obtained through criminal activity, even when such assets are held or possessed by third parties acting in bad faith. The amendment to the Penal Code was adopted at its second and final..

published on 7/30/25 1:08 PM