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.
Bulgaria remains a net exporter of electricity and one of the pillars of the energy system in Southeast Europe. Electricity exports exceed imports by 3.1% in 2024. According to this indicator, the country ranks 11th in Europe. Among the..
At a ceremony at the Vytautas Magnus University in the Lithuanian city of Kaunas , the rector of Sofia University “St. Kliment Ohridski”, Prof. Georgi Valchev, accepted the rotating presidency of the international university alliance..
For the third consecutive year, Karin Dom – Varna is organizing the charitable initiative “Ivan Stanchov Awards” in memory of the Bulgarian diplomat and founder of the organization, Ambassador Ivan Stanchov. On October 23, awards will be presented..
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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