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

Bulgaria to submit its recovery plan during the term of office of the caretaker cabinet

Iliana Tsanova
Photo: BGNES

Bulgaria is to submit its recovery plan to the European Commission by the end of the term of office of the caretaker cabinet, Iliana Tsanova, Deputy  Director General of the Directorate-General for Budget (DG BUDG), said for the Bulgarian National Radio. In her words, in the best case scenario, by the end of 2021 Bulgaria will receive advance payment amounting to 13% of the whole amount, in order to start implementing the projects. "Our economy has the opportunity to absorb EUR 6 million in two years and make investments with higher added value," noted Iliana Tsanova. "The recovery plan is not only an investment instrument. It is also an instrument for reforms", added Iliana Tsanova.




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

President Radev vetoes changes to the Investment Promotion Act

President Rumen Radev has returned for a new discussion in parliament the adopted legal amendments, according to which the sale of assets of Russian company Lukoil in the country will take place after a decision of the Council of..

published on 11/5/25 11:43 AM

Danube Bridge between Ruse and Giurgiu opens for heavy vehicles

Nearly 24 hours after it was closed, Danube Bridge linking Ruse and Giurgiu is now open for trucks, regional governor Dragomir Draganov said. At 9 a.m. on November 5, trucks were allowed to pass through the facility. On November 4,..

published on 11/5/25 10:17 AM

Tobacco producers oppose phasing out of EU subsidies in the sector

The National Association of Tobacco Producers - 2010 opposes the proposal for banning public support for tobacco cultivation in the EU. A letter to the Ministry of Agriculture quotes the position of the largest European agricultural..

published on 11/5/25 9:21 AM