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

Bulgaria risks losing 1 billion euros under the Recovery and Resilience Plan

Lyudmila Petkova
Photo: BGNES

This country may lose over a billion euros of European funding due to unadopted changes to the Recovery and Resilience Plan, the new chapter to it and the updated road map for climate neutrality, which were not accepted by the parliament, caretaker Deputy Prime Minister and Minister of Finance Lyudmila Petkova said.

"You can see what a loss it is, because we are still on the second payment and we cannot submit a request for a third or a fourth, if we do not fulfil two or three of the investments. According to the second payment, we may have to return part of the funds that we received from the first payment", the minister said.

The changes to the plan must be sent by the middle of October this year in order for the European Commission to accept them. In case of a possible loss of funding, the funds are not calculated in the draft budget for next year, Lyudmila Petkova said. She admitted that this could jeopardize the criteria for fiscal stability, necessary for the adoption of the euro.



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

Balkanski Trio

Balkanski Trio wins Silver Clown Award from the International Circus Festival of Monte-Carlo

The trio of Tiziano, Marie and Natalie Balkanski will receive the Silver Clown award at an official ceremony on January 21 for their roller skating act at the 12th edition of New Generation, part of the 47th prestigious International Circus..

published on 1/20/25 5:52 PM

A number of districts in Bulgaria declare flu epidemic

After Haskovo and Vidin, temporary anti-epidemic measures are also being introduced in the territory of Yambol from January 21 to 27, in Plovdiv from January 22 to 28 and in Blagoevgrad from January 22 to 30.  Flu epidemic in Bulgaria to reach..

published on 1/20/25 4:22 PM
Transport minister Grozdan Karadzhov

Strict safety measures envisaged in Bulgaria's rail transport after serious train accident

The companies in the structure of the Bulgarian State Railways (BDZ) must submit to the new Minister of Transport Grozdan Karadzhov reports on the weaknesses in the safety system and emergency measures to be implemented within a month by the end of the..

published on 1/20/25 3:50 PM