Bulgarian Deputy Prime Minister and Minister of Finance Lyudmila Petkova and European Commissioner for Economy, Paolo Gentiloni, discussed the progress of Bulgaria in the implementation of the Recovery and Resilience Plan. At the meeting before today's meeting of the Eurogroup, it became clear that the European Commission will restart the period of evaluation of the implementation of reforms and investments under the second payment under the plan, as well as that Bulgaria can no longer postpone the making of a political decision on the amendments to the Recovery and Resilience Plan. Petkova stated that the caretaker government will take action to discuss and adopt the prepared changes in the Plan related to the decarbonization of the energy sector.
Minister Petkova also pointed out that the draft budget for 2025 will have a deficit of up to 3% of GDP. The commissioner pointed out that it was important not only to fulfill the convergence criteria, but also to preserve the financial stability of the country in the medium term for acceptance into the Eurozone.
Fuel supplies for the domestic market are fully secured until the end of the year , Energy Minister Zhecho Stankov said, following the United States’ sanctions on Russian oil giants Lukoil and Rosneft. He added that the market would be closely monitored to..
“Bulgaria’s defence industry is renowned for its quality and enjoys an excellent international reputation. This offers great opportunities for close cooperation with Vietnam in the security sector,” President Rumen Radev said during a visit to the..
The Council of Ministers has proposed transferring vehicles from the National Security Service (NSO) to the Presidential Administration through a legislative change, Bulgaria National Radio reporter Tsvetelina Stoyanova reported. This would not put a..
The international scientific conference “Bulgarians in the Northern Black Sea Region” will be held in Sofia on October 27 and 28, 2025 in the Institute..
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