The second payment under the Recovery and Resilience Plan is expected by mid-October.
During a hearing in parliament, Deputy PM and Minister of Innovation and Growth Tomislav Donchev said that the country has fulfilled all commitments for the second payment, and that it is currently working on the third tranche of over EUR 1.6 billion. The request will be submitted to the European Commission before the end of September so that the money can be transferred to Bulgaria by the end of the year.
Edited by Darina Grigorova
Translated and posted by Milena Daynova
Photo: BTA
Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil company Lukoil, Reuters and BNR Horizont reported. The general license allows companies and banks to..
The leader of "We Continue the Change", Asen Vassilev, described the selection of Rumen Spetsov as a special manager at Lukoil as a "bad joke". "Rumen Spetsov was appointed to collect taxes, not to manage a refinery. There is a..
The nominated person for special manager for the four companies of "Lukoil Bulgaria" is Rumen Spetsov, Minister of Economy, Petar Dilov, said. "He meets all legal requirements", Dilov added. The decision was discussed at the Security..
In 2026, Bulgaria will assume the presidency of the EU Strategy for the Danube Region for the second time. The symbolic handover of the presidency took..
“The storm has mostly passed, but there are still risks”, Deputy Premier Tomislav Donchev told bTV regarding Lukoil . ''The first priority is to..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
Mostly Cloudy
Fog
Cloudy