The first payments under the recovery and resilience plan are expected in the autumn, caretaker Minister for EU Funds Atanas Pekanov said in an interview with Nova TV. The sum will amount to EUR 1.3 billion and Bulgaria will request it by the end of August, and within two months the European Commission will answer whether it will allocate the money. Minister Pekanov stated that for there to be subsequent payments, the new parliament will have to approve 22 laws by the end of 2022.
In the next five years close to EUR 1.5 billion will be invested in the development of Bulgarian businesses under the new programme Competitiveness and Innovation in Enterprises. The monmey will go to help micro, small and medium-sized enterprises introduce new technologies and innovations, the Ministry of Innovation and Growth says.
The direct losses for Bulgaria from the delayed full accession to the Schengen Area amount to EUR 424 million, caretaker Minister of Economy Petko Nikolov said . He quoted a report by the Economic Research Institute at the Bulgarian Academy of..
IT is one of the leading sectors in terms of salary increases and interest by job seekers in Bulgaria. Before the pandemic all kinds of experts were being hired regardless of their expertise or practical skills, but now preference is given to people..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
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