Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Brussels makes three economic recommendations to Bulgaria

Photo: Archive

In the recommendations of the European Commission to the economies of the EU countries, for Bulgaria it is said that, together with 14 other countries in the community, it does not comply with the requirement for a budget deficit of 3%. The deficit is expected to be 4.8% this year. 

It is recommended that Sofia terminate the energy support measures planned until the end of 2023 and redirect the saved funds to reducing the state deficit. 

It is recommended that Bulgaria should ensure effective management for the rapid implementation of the economic recovery plan and absorption of EU grants.

The third recommendation is that Bulgaria should reduce its dependence on fossil fuels, accelerate the transition to clean energy, quickly introduce renewable energy sources and opportunities to store the energy produced by them.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Local authorities call for urgent reform of Bulgaria's planning districts

Urgent reform of Bulgaria's planning districts is needed, local authorities insist.The current regionalization shows increasing economic imbalances in terms of EU grant assistance. The problem is particularly severe in the Southwestern region, which..

published on 12/2/24 9:27 AM

Bulgargaz proposes that the price of natural gas for December be set at 75.89 BGN/MWh

The final price at which Bulgargaz will sell natural gas in December to end suppliers and to persons with a license for the production and transmission of thermal energy is 75.89 BGN/MWh (excluding excise duty and VAT), the company announced...

published on 12/1/24 3:55 PM

The value of the small consumer basket in Bulgaria has not changed in a year

Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3 and 5 BGN (EUR 1.5-2.5) per liter until the new harvest.  The value of the small consumer basket,..

published on 11/29/24 5:05 PM