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

Prosecutor's Office and Interior Ministry declare zero tolerance for violence

At a national meeting convened by acting Prosecutor-General Borislav Sarafo v to discuss the rise in public and domestic violence, it was declared that the Prosecutor's Office and the Ministry of the Interior would not tolerate such crimes. "Under my..

published on 12/2/24 3:40 PM

MEPs discuss the nationalist violence in front of the Ivan Vazov National Theatre in Sofia

The clashes outside the Ivan Vazov National Theatre during the opening night of John Malkovich's production of Bernard Shaw's Arms and the Man have prompted 247 theatre organisations from 39 countries to appeal to the institutions of the European Union...

published on 12/2/24 2:27 PM

President launches 22nd edition of "Bulgarian Christmas" charity campaign

President Rumen Radev announced in Dobrich the launch of the 22nd edition of the "Bulgarian Christmas" charity campaign. The theme of the campaign is "Giving Hope to a Child in Need". The aim is to raise money for high-tech equipment for early..

published on 12/2/24 1:34 PM