Bulgaria has resubmitted its second request for payment under the National Recovery and Resilience Plan (NRRP), amounting to EUR 653 million. The request covers the implementation of 59 milestones and targets, 20 of which were related to legislative changes, the Ministry of Finance announced.
To implement the reforms, amendments were made to 15 existing laws and 3 new laws were adopted. This is the payment request with the highest number of legislative measures, through which key reforms were implemented, such as the liberalization of the electricity market, promotion of renewable energy generation, establishment of a Counter-Corruption Commission, introduction of personal insolvency, etc.
The second request was resubmitted after being withdrawn on April 17, 2025, due to unfulfilled measures and the risk of losing EU funds. The European Commission will evaluate the payment request within two months.
Edited by Ivo IvanovPublished and translated by Kostadin Atanasov
Photo: BGNES
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the Bulgarian National Radio. The country is to receive EUR 439 million. EU may cut money for..
With 111 votes for, 51 against and 43 abstained, the National Assembly approved the establishment of an ad-hoc committee to investigate the activities of George Soros and his son Alexander Soros and their foundations in this country financing..
Prime Minister Rosen Zhelyazkov and Deputy Prime Minister Tomislav Donchev cancelled the meeting, scheduled for today, of the National Tripartite Council on the draft budget for 2006 after, in an unprecedented move, businesses decided not to take..
North Macedonia has still not adopted the necessary constitutional amendments aimed at including Bulgarians and other non-majority communities in the..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''...
Bulgaria relies on the efforts of honorary consuls from around the world to help establish new partnerships in the fields of economy, trade, innovation,..
+359 2 9336 661