Text size

European Commission: National recovery plan means investment and reform

published on 12/1/20 6:18 PM

Photo: BGNES

"When we talk about national recovery and sustainability plans, we are talking about investments and reforms, qualitative changes in the economy that will bring sustainability and a more globally competitive European and Bulgarian economy." This was said by Tsvetan Kyulanov, the head of the Representation of the European Commission in Bulgaria, during the 24th Bulgarian Economic Forum, which was held online.

Kyulanov said that there was almost a doubling of the available funds from Europe which would enter the Bulgarian economy, emphasizing that it was important how we would use them, BTA reported.

The pandemic has aggravated the economic state of 70% of Bulgarian companies, the forum participants announced. According to 70% of the participants in the annual poll of the Bulgarian Industrial Association, the government's anti-crisis measures are inefficient.

The economic recovery of Bulgaria can start in 20212, the chairperson of the Bulgarian Economic Forum Georgi Tabakov said.

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

Radio Bulgaria News Bulgarian Economic Forum economic recovery economy European Commission

More from category

President Radev expects the court to rule on his appeal regarding the changes to the Constitution

President Rumen Radev expects the Constitutional Court to rule more quickly on his appeal regarding the changes to the Constitution. The head of state made this statement in front of students at the University of National and World Economy, where he..

published on 12/4/24 7:20 PM

Cloudy skies and snowfall in the mountains

On Thursday temperatures will range from 1 to 5°C, with a low of 2°C in Sofia. In the morning, visibility may be reduced. The day will be cloudy. There will be light rain first in the east and later in the day in the west. Highs will be between 5°C and..

published on 12/4/24 7:05 PM

Bulgarian National Radio journalist Irina Nedeva awarded the French National Order of Merit

Bulgarian journalist and Vice-President of the Association of European Journalists (AEJ) Irina Nedeva has been awarded the National Order of Merit, Chevalier, by decree of the President of the French Republic Emmanuel Macron . This was announced by..

published on 12/4/24 6:46 PM