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

Losing €8bn under RRP a huge mistake, former deputy prime minister for EU funds warns

Атанас Пеканов
Photo: Савина Спасова

Bulgaria has given up the fight for reforms and investments under the Recovery and Resilience Plan (RRP), former caretaker deputy prime minister for EU funds Atanas Pekanov told BNR. He said that Nikolai Denkov's government had made a serious mistake by failing to pass the necessary laws, when it had a parliamentary majority.

The former minister warned that if Bulgaria did not use the funds under the RRP, there would be long-term consequences because the country would miss out on important investments.

"They all believe that because the economy is improving, this money is not needed in Bulgaria, but this is a grave strategic mistake. Losing 8 billion euros by refusing to accept reforms that would be helpful would be a huge act of self-sabotage," Atanas Pekanov said. He added that Bulgaria does not stand well among EU countries because of political instability and the lack of a regular government.



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

BNR, BNT and BTA awarded the best media partnership in support of tourism in Bulgaria

The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian National Television (BNT), the Bulgarian National Radio (BNR) and the Bulgarian Telegraph Agency (BTA)..

updated on 11/27/24 10:02 AM
Agriculture Minister Georgi Tahov met with livestock breeders from the region and representatives of the affected farms

Tension in Velingrad due to a suspected outbreak of sheep and goat plague

Due to the outbreak of Peste des Petits Ruminants (sheep and goat plague) in Velingrad and the subsequent protests by farmers, 300 new samples will be taken today. Currently, 1,700 sheep are at risk of being forcibly euthanized. The decision for a..

published on 11/27/24 9:52 AM

MPs gather for sixth attempt to elect speaker of parliament

Exactly a month after the parliamentary elections on October 27, the first session of the 51st National Assembly, which started on November 11, continues today. MPs will make a sixth attempt to elect a speaker. During the fifth..

published on 11/27/24 8:15 AM