The funding under the Recovery and Resilience Plan has been cut because of a mechanism signed by the government of Boyko Borissov, reads a position by the Ministry of Finance. The non-reimbursable funding for Bulgaria has been reduced by almost EUR 580 million due to the legal framework signed by the Borissov cabinet which stipulates that 30% of the entire grant be recalculated on the basis of the economic growth for 2021 actually recorded. The data regarding this growth were finalized as of June 2022 on the basis of which there is a reduction for the country, because Bulgaria’s economic indicators are better than the EU average, the Finance Ministry explains.
At the same time the Ministry points out that the recalculation affects all member countries simultaneously, not just Bulgaria. The non-reimbursable funding for 22 member countries under the mechanism has been reduced, 7 of them have had larger sums cut than Bulgaria has.
On Tuesday, minimum temperatures in the country will be between 11 and 16°C, 12°C in Sofia. During the day it will be sunny. In the afternoon, clouds will move in from the west and it will rain briefly, especially in the mountains. Maximum temperatures..
Archaeologists have discovered exceptional finds during construction works for a new bus station in the Black Sea city of Sozopol. A monastery dating back to the end of the 11th century was discovered. Within its borders there was also a church from..
The European Commissioner for Agriculture Janusz Wojciechowski will be on a working visit to Bulgaria on May 21. His program includes meetings in Sofia with President Rumen Radev, with Prime Minister Dimitar Glavchev, with the Minister of..
Caretaker Minister of Education Galin Tsokov has assured that the nearly 20 million euros earmarked in the budget for higher education..
Caretaker minister of tourism, Evtim Miloshev, predicts that the number of tourists in this country will grow by at least 10% during..
On Monday , the cloudiness will remain significant and there will be rainfalls in the western half of the country. By the evening the..
+359 2 9336 661