The funding under the Recovery and Resilience Plan has been cut because of a mechanism signed by the government of Boyko Borissov, reads a position by the Ministry of Finance. The non-reimbursable funding for Bulgaria has been reduced by almost EUR 580 million due to the legal framework signed by the Borissov cabinet which stipulates that 30% of the entire grant be recalculated on the basis of the economic growth for 2021 actually recorded. The data regarding this growth were finalized as of June 2022 on the basis of which there is a reduction for the country, because Bulgaria’s economic indicators are better than the EU average, the Finance Ministry explains.
At the same time the Ministry points out that the recalculation affects all member countries simultaneously, not just Bulgaria. The non-reimbursable funding for 22 member countries under the mechanism has been reduced, 7 of them have had larger sums cut than Bulgaria has.
The combination of a favorable climate, beautiful nature, mineral water springs and healing mud in Bulgaria favors the development of resort treatment. During the 11th Annual Congress of the Bulgarian Union of Balneology and Spa..
The European Commissioner for International Partnerships, Jutta Urpilainen, is coming today on a working visit to Bulgaria , the European Commission announced. In Sofia, she will meet with the Minister of Foreign Affairs Ivan Kondov, as well as with..
For the fourth year, one of the most beautiful places to fly in the world - the Belogradchik rocks, will host the Balloon Fiesta. Pilots from various European countries will take part with their balloons in the event, which will last from..
Acting chairman of the Bulgarian Socialist Party (BSP) Atanas Zafirov has withdrawn the papers submitted yesterday for the BSP’s independent..
For the fourth year, one of the most beautiful places to fly in the world - the Belogradchik rocks, will host the Balloon Fiesta. Pilots from..
Bulgaria ranks second in the world in terms of bread consumption after Turkiey, reported BNT citing the Turkish news site Yenigün. According to the..
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