Text size

European Commission: National recovery plan means investment and reform

published on 12/1/20 6:18 PM

Photo: BGNES

"When we talk about national recovery and sustainability plans, we are talking about investments and reforms, qualitative changes in the economy that will bring sustainability and a more globally competitive European and Bulgarian economy." This was said by Tsvetan Kyulanov, the head of the Representation of the European Commission in Bulgaria, during the 24th Bulgarian Economic Forum, which was held online.

Kyulanov said that there was almost a doubling of the available funds from Europe which would enter the Bulgarian economy, emphasizing that it was important how we would use them, BTA reported.

The pandemic has aggravated the economic state of 70% of Bulgarian companies, the forum participants announced. According to 70% of the participants in the annual poll of the Bulgarian Industrial Association, the government's anti-crisis measures are inefficient.

The economic recovery of Bulgaria can start in 20212, the chairperson of the Bulgarian Economic Forum Georgi Tabakov said.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Bulgarian Economic Forum economic recovery economy European Commission

More from category

Hot weather with rain showers

On Friday before noon, the cloudiness will temporarily decrease, but in the afternoon there will be clouds again. In many places in the western part of the country, there will be short-term precipitation and thunderstorms. The..

published on 6/5/25 7:05 PM

L-R - Assen Vassilev, Kiril Petkov and former PM Nikolai Denkov

We Continue the Change considers a no confidence vote in the government after July 9

Negotiations for a vote of no confidence in Rosen Zhelyazkov's government will begin after July 9, when Bulgaria's adoption of the euro becomes irreversible. "We Continue the Change" (PP) announced this at a National Assembly briefing, according to BTA...

published on 6/5/25 5:48 PM

Police busted a migrant smuggling ring operating from Syria and Iraq through Turkey

Sixteen people were arrested for trafficking illegal migrants, the Interior Ministry said. This operation was carried out by Bulgarian authorities on June 3. It took place in six districts of the country: Sofia, Burgas, Kardzhali, Stara Zagora, Haskovo..

published on 6/5/25 5:35 PM