European Commission Executive Vice-President Frans Timmermans stated, in an interview for the BNR, that the EC would get to work on Bulgaria’s Recovery and Resilience Plan but declined to say whether it was possible for the first advance payment to be made before the end of the year.
The country is expecting to receive 6.6 billion euro. Frans Timmermans stated that usually the Commission needs at least two months to review and assess the plans, and that it would get to work right away. Asked whether it is realistic tor Bulgaria to close down its coal-fired power stations by 2038-2040, Frans Timmermans stated that what is needed is flexibility, adding that the realization that we must go down that road is “extremely good news”.
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
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