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

Outgoing Minister Lorer warns Bulgaria could lose €2.5bn from Recovery and Resilience funds

Daniel Lorer
Photo: BGNES

Bulgaria is at risk of losing the 2.5 billion euros provided for this year under the Recovery and Resilience Plan if it does not implement the necessary reforms, said outgoing Innovation and Growth Minister Daniel Lorer in Brussels, where he met with Executive Vice-President of the European Commission Margrethe Vestager. He added that the time of the Bulgarian parliament needed to be extended to adopt the most critical reforms.

The Plan requires "a lot of laws to be adopted on schedule" - among them the legislature on the anti-corruption commission, on public procurement, and the Trade Law. "There is no time to lose, the danger of losing the funds is real if we cannot convince the Commission that we are passing these laws," Daniel Lorer stressed.




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

Oil slicks surface on the beach in Pomorie

For the third day, the beach in Pomorie has been covered with oil slicks that continue to surface. Although Pomorie Mayor Ivan Alexiev is aware of the problem, the municipality has not taken action to clean it up, according to the Regional..

published on 5/4/25 4:42 PM

There will be no military equipment at the May 6 parade

There will be no military equipment at the festive parade on May 6— The Day of Valor and the Bulgarian Armed Forces. However, about 700 servicemen will march on the Knyaz Alexander I Square, Brigadier General Bozhidar Boykov said. In his words, people..

published on 5/4/25 3:39 PM

BNB: The dual circulation period will last for the first month after the introduction of the euro

When Bulgaria adopts the euro, people will be able to withdraw money  from ATMs only in the new currency, according to the website of the Bulgarian National Bank. The so-called dual circulation period will last for the first month after..

published on 5/4/25 3:10 PM