Bulgarian Deputy Prime Minister and Minister of Finance Lyudmila Petkova and European Commissioner for Economy, Paolo Gentiloni, discussed the progress of Bulgaria in the implementation of the Recovery and Resilience Plan. At the meeting before today's meeting of the Eurogroup, it became clear that the European Commission will restart the period of evaluation of the implementation of reforms and investments under the second payment under the plan, as well as that Bulgaria can no longer postpone the making of a political decision on the amendments to the Recovery and Resilience Plan. Petkova stated that the caretaker government will take action to discuss and adopt the prepared changes in the Plan related to the decarbonization of the energy sector.
Minister Petkova also pointed out that the draft budget for 2025 will have a deficit of up to 3% of GDP. The commissioner pointed out that it was important not only to fulfill the convergence criteria, but also to preserve the financial stability of the country in the medium term for acceptance into the Eurozone.
The Council of Ministers has approved the draft of a donation agreement between the World Health Organization and Bulgaria on the provision of a voluntary contribution, amounting to EUR 100,000, in support of the activities of the organization in the..
Bulgaria’s caretaker Foreign Minister Ivan Kondov and his Albanian counterpart Igli Hasani confirmed the firm commitment of the two countries to the accelerated construction of transport Corridor 8. Romania has asked to join the construction..
Winds of up to 120 kms. per hour inflicted damage in Vratsa, the biggest town in Bulgaria’s Northwest. Dozens of reports have come in of fallen trees and branches onto vehicles and roads, damaged equipment and torn overhead cables. There were..
The MPs failed to elect a speaker also at their fourth attempt . Of the four candidates, Raya Nazaryan, nominated by GERB - SDS, and Silvi Kirilov -..
Bulgaria has become the first in the EU to have a high-tech artificial intelligence in its own language , created by a state-funded scientific..
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
+359 2 9336 661