Text size

Losing €8bn under RRP a huge mistake, former deputy prime minister for EU funds warns

published on 7/7/24 11:20 AM

Атанас Пеканов

Photo: Савина Спасова

Bulgaria has given up the fight for reforms and investments under the Recovery and Resilience Plan (RRP), former caretaker deputy prime minister for EU funds Atanas Pekanov told BNR. He said that Nikolai Denkov's government had made a serious mistake by failing to pass the necessary laws, when it had a parliamentary majority.

The former minister warned that if Bulgaria did not use the funds under the RRP, there would be long-term consequences because the country would miss out on important investments.

"They all believe that because the economy is improving, this money is not needed in Bulgaria, but this is a grave strategic mistake. Losing 8 billion euros by refusing to accept reforms that would be helpful would be a huge act of self-sabotage," Atanas Pekanov said. He added that Bulgaria does not stand well among EU countries because of political instability and the lack of a regular government.

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

Radio Bulgaria News atanas pekanov blunder bulgaria rrp self sabotage

More from category

Poland will repair six engines of Bulgaria’s MiG-29 jets

The Bulgarian Ministry of Defense has signed a contract with Polish state company Wojskowe Zakłady Lotnicze Nr 2 S.A. for major repair of six MiG-29 aircraft engines. The maximum period for carrying out the repair of each engine will be no more..

published on 11/6/24 5:53 PM

Arrested police chief in Petrich accused of leading a criminal group

The chief of police in Petrich and two other police officers, arrested two days ago, are accused of participating in a criminal group. This was announced by Sofia city prosecutor Iliana Kirilova, BTA reported. According to Kirilova, the detained..

published on 11/6/24 5:36 PM

Dzheyhan Ibryamov released from custody to take oath as MP

The Sofia City Prosecutor's Office has announced the release of Dzheyhan Ibryamov. He will be released from custody tomorrow, November 7, and the investigation against him on charges of influence peddling will be suspended at the moment he takes the..

published on 11/6/24 4:57 PM