Text size

No delay in the expected money under the Recovery and Resilience Plan: Finance Ministry

published on 7/12/22 11:25 AM

Photo: BGNES

More than 1.3 billion euros, which Bulgaria should receive this year under the Recovery and Resilience Plan, is expected to enter the national treasury in the autumn, the Ministry of Finance announced.

There is no delay in the funding under this mechanism. The country has set itself the goal of collecting all the necessary documents in preparation for the request for the first payment by the end of July. According to the regulation, the European Commission has 2 months to evaluate the submitted documents before making a payment, the ministry specifies.

The preparation of the second request for payment worth more than 724 million euro has not slowed down for now, either. But it is related to the adoption of 22 legislative measures, which must be done by the end of 2022.

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

Radio Bulgaria News European Commission funding Recovery and Resilience Plan

More from category

Spring-like daytime temperatures

On Friday morning there will be fog or low clouds in the lowlands and valleys. Minimum temperatures will be between -3°C and 10°C in the Pre-Balkan, around 1°C in Sofia. Visibility will improve after midday, but clouds will increase from the north-west..

published on 1/9/25 7:05 PM

Trade unions expect 'cascade of protests' if state budget not approved

Protests could erupt if the National Assembly fails to approve this year's state budget, Lyuboslav Kostov, chief economist at the Confederation of Independent Trade Unions of Bulgaria (CITUB), said in an interview with BNR. "Once again, the budget..

published on 1/9/25 4:39 PM

Parliament adopts first reading of provisional budget law

MPs unanimously adopted at first reading the caretaker government's proposed law on revenues and expenditures in 2025, pending the adoption of the state budget. "The main objective is to ensure financial stability and the normal functioning of..

published on 1/9/25 4:20 PM