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

Eight projects worth BGN 1.2 billion removed from the Recovery and Resilience Plan

Tomislav Donchev
Photo: BTA

Following talks with the European Commission, it has been decided to review the implementation of all projects in the Recovery and Resilience Plan (RRP) and remove those that have no chance of being implemented, Deputy Prime Minister Tomislav Donchev said at a briefing to the Council of Ministers.

 

"We have identified eight projects worth BGN 1.2 billion. For a large part of these investments, we have found an opportunity to implement them through another source of revenue, for example, the construction of water supply networks in settlements with a population of between 5,000 and 10,000, worth 300 million leva," he said. This is also the case with the Aerospace Observation Centre.

 

Tomislav Donchev added that 22 projects were still at risk, but that they were looking for ways to finance them. According to Finance Minister Temenuzhka Petkova, there is a huge delay in the implementation of the RRP and the deadline for the completion of its activities is less than 18 months.



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

Hundreds of Orthodox Christians set off on a pilgrimage to the Rila Monastery

Bulgarian Patriarch Daniil has served a festive liturgy and water blessing for the feast of the Procession of the Holy Cross of the Lord in the St. Sophia church in Sofia. After the service, together with President Rumen Radev, the two launched the..

published on 8/1/25 4:39 PM
Bulgarian National Bank building

Bulgarian National Bank reduces base interest rate

The base interest rate in the country is being reduced to 1.82% as of 1 August 2025, the Bulgarian National Bank (BNB) has announced. The reduction is by 0.09% compared to July, when it was 1.91%. The simple annual interest rate is being reduced..

published on 8/1/25 11:16 AM

Posters advertising Bulgarian tourism awarded

The jury at the International Triennial of Stage Posters and the Ministry of Tourism awarded three equal prizes and 8 incentive prizes for tourist posters on the subject of “Bulgaria”. The jury, headed by Prof. Bozhidar Yonov, reviewed 144 posters..

published on 8/1/25 10:58 AM