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.
It is theoretically possible that Bulgaria could apply for a third payment under the Recovery and Resilience Plan by the end of 2025, European Commissioner for Economy Valdis Dombrovskis announced in an interview with the Bulgarian..
Bulgaria is to participate in the prestigious Eurovision Song Contest, which will celebrate its 70th edition in 2026. The return is part of the Bulgarian National Television’s efforts to promote Bulgarian culture and talent to an..
With the blessing of the Holy Synod of the Bulgarian Orthodox Church, a mobile application for believers has been available on the official website of the Patriarchate since November 1. In its first version, the application includes..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''...
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International..
Prokopan is the only railway tunnel on the Plovdiv-Burgas line. This became clear during a visit by Deputy Minister of Transport Lyuben Nanov, who was..
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