Bulgarian Deputy Prime Minister and Minister of Finance Lyudmila Petkova and European Commissioner for Economy, Paolo Gentiloni, discussed the progress of Bulgaria in the implementation of the Recovery and Resilience Plan. At the meeting before today's meeting of the Eurogroup, it became clear that the European Commission will restart the period of evaluation of the implementation of reforms and investments under the second payment under the plan, as well as that Bulgaria can no longer postpone the making of a political decision on the amendments to the Recovery and Resilience Plan. Petkova stated that the caretaker government will take action to discuss and adopt the prepared changes in the Plan related to the decarbonization of the energy sector.
Minister Petkova also pointed out that the draft budget for 2025 will have a deficit of up to 3% of GDP. The commissioner pointed out that it was important not only to fulfill the convergence criteria, but also to preserve the financial stability of the country in the medium term for acceptance into the Eurozone.
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..
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Bulgaria relies on the efforts of honorary consuls from around the world to help establish new partnerships in the fields of economy, trade, innovation,..
On Tuesday , the lowest temperatures will be between 8 and 13°C; in Sofia - about 8°C. During the day, it will remain cloudy. There..
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