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.
Anton Markov from Russe, who is in the 6 th grade, reached the final round of the competition, and faced 4 th grader Sava Troanski from Pazardzhik. The winner in the up to 4 th grade group is Ekaterina Basheva, also from Russe. She won the..
Energy workers and miners from the Maritsa Iztok 2 thermal power plant submitted a demand to the National Assembly for the construction of a carbon dioxide capture installation. The installation can stop the closure of the energy capacities, trade..
Caretaker Prime Minister Dimitar Glavchev and Caretaker Minister of Transport and Communications Georgi Gvozdeikov discussed the preparations for the elections for National Assembly and for MEPs on June 9, 2024. Glavchev said that..
In 2021, the value added of the EU’s information and communication technology (ICT) sector was equivalent to 5.5% of the EU’s gross value added: 4.7%..
After 4 years of investigation, the Sofia City Prosecutor’s Office has submitted to court the indictment against former gambling mogul Vassil Bozhkov,..
On Wednesday minimum temperatures in the country will range from 7 to 12° C., for Sofia 9° C. During the day there will be sun, with clouds over the..
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