Text size

EU Commission: Bulgaria has not yet submitted a formal request for renegotiation of the NRRP

published on 3/29/23 1:46 PM

Photo: Archive

Even if Bulgaria manages to renegotiate its National Recovery and Resilience Plan (NRRP), the climate neutrality targets must still be met, representatives of the European Commission told BNR. This means that Sofia must devote at least 37% of the plan's spending to tackling climate risks and implementing Bulgaria-specific recommendations. These are for decarbonisation of Bulgaria's economy, which is among the biggest emitters of carbon dioxide in the EU. Sofia has not yet formally submitted the renegotiation request, BNR correspondent Angelina Piskova reports from Brussels.

Energy Minister Rosen Hristov said he had asked the European Commission to renegotiate the commitment made by the government of Kiril Petkov to reduce carbon emissions in electricity generation by 40% by 2026.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy Angelina Piskova Brussels EU Commission NRRP Recovery and Resilience renegotiation Rosen Hristov

More from category

Fabian Bornhorst, head of the IMF mission in Bulgaria (R), and Svetlomira Porova, journalist at Capital Daily.

IMF: Bulgaria must strengthen fiscal discipline

Bulgaria has the opportunity to reap the full benefits of eurozone membership , but this will require stronger fiscal discipline, effective management of transition risks, and accelerated structural reforms , the International Monetary Fund (IMF)..

published on 9/23/25 5:16 PM

Bulgaria's wine sector sees poor grape harvest amidst growing investment interest

In mid-September, the traditionally great Christian feast of the Holy Cross (September 14) marks the beginning of one of the most anticipated agricultural processes – the grape harvest campaign. 2025 is no exception, but due to a number of factors, the..

published on 9/18/25 1:10 PM

Before the introduction of the euro, companies and citizens are rapidly depositing money into banks

Bulgaria's Ministry of Finance placed 7-year government securities on the domestic market for 300 million leva. (144 million euros) and an interest rate of 3.25%. The submitted purchase orders amounted to 446 million leva with a coverage ratio of 1.49...

published on 9/17/25 8:45 AM

WEATHER

Pick city: Sofía

Mostly Cloudy
Min: 8 | Max: 20

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Allianz Trade forecasts Bulgaria as one of CEE’s fastest-growing economies

The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer..

published on 10/22/25 2:38 PM

Share