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.
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
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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