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S&P Global reaffirms Bulgaria’s BBB credit rating

S&P Global Ratings has reaffirmed its long and short-term foreign and local currency sovereign credit ratings on Bulgaria at BBB/A2-, and kept a stable outlook. The slow pace of vaccine rollout and the potential new outbreak of Covid-19..

01.06.21 10:26 |

Caretaker cabinet trying to save Recovery and Sustainability Plan

The Recovery and Sustainability Plan does not sufficiently meet the ambitious goals of the European Commission, Atanas Pekanov, Deputy Prime Minister responsible for European funds management, has told BNR. He said that the..

23.05.21 11:42 |

US Congressional Research Service: Bulgaria’s location gives it strategic importance for an array of US security concerns

“The fragmented results (of the election) may make it difficult for any party to form a government. (…) The next government faces an array of policy challenges, including mitigating the health and economic impacts of the Coronavirus Disease 2019..

28.04.21 11:49 |

OLAF recommends that Bulgaria recover EU funds to the tune of nearly EUR 6 million

According to a recent investigation of the European Anti-Fraud office (OLAF), t he Bulgarian Ministry of Interior breached the terms of its grant agreement with the European Commission by using EU money to buy SUVs from older stocks instead of new..

01.02.21 18:40 |
MEP Andrey Novakov

Bulgaria to receive over EUR 500 million in EU funds to cover initial Covid-19 costs

Bulgaria is set to receive over EUR half a billion in EU funds to cover the initial expenses related to the fight against the coronavirus epidemic. Bulgaria will receive this amount as soon as the report under this new instrument is approved by the..

21.11.20 10:52 |
Deputy Premier Tomislav Donchev

Deputy Premier Donchev: Bulgaria does not risk losing EU funds

At the moment Bulgaria does not risk losing EU funds, this country’s Deputy Premier Tomislav Donchev has assured in response to a question whether the European Union may suspend funding due to Bulgaria’s image. At a forum on digital and green..

08.10.20 12:35 |
Petar Ganev

Balance of Bulgaria’s state budget to remain positive by end 2020: expert

A surplus to the tune of EUR 450 million has been registered in Bulgaria’s state budget in the first nine months of 2020. A lot of money is to be spent in the last months of 2020 for another consecutive year. The big surplus is due to capital..

06.10.20 16:56 |

Bulgaria awaits EC report on rule of law

The European Commission is to present the first annual reports under the rule of law mechanism on each EU member state today after the meeting of the College of Commissioners, the correspondent of BNR in Brussels Angelina Piskova announced,..

30.09.20 13:05 |

Government denies claims about stopped EU funds

The European Commission regularly reimburses Bulgaria the sums that the Agriculture Fund transfers to farmers as direct payments and subsidies, the Fund has announced. The clarification came to answer rumors that Brussels has stopped 350 million..

21.09.20 18:55 |
President Rumen Radev

Bulgaria should be active member of EU: President Radev

Bulgaria should be part of the big debate in the EU, to participate in the formation of consensus on European policies, not just to join decisions already made and be a recipient of EU funds only . This is what Bulgaria’s President Rumen Radev said..

02.09.20 08:50 |
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