Bulgaria’s budget deficit narrowed slightly in July, according to preliminary data from the Ministry of Finance (MF) on the implementation of the Consolidated Fiscal Program
The European Commission (EC) transferred €896 million to Bulgaria as the fourth payment under the Recovery and Resilience Facility (RRF)
Energy Minister Iva Petrova is beginning work on the split of the Bulgarian Energy Holding (BEH) and the removal of the Maritsa East 2 Thermal Power Plant
The European Commission will grant €370 million “in advance,” funds that had previously been blocked due to unfulfilled reforms under the Recovery and Resilience Plan
The €1.4 billion returned to the state budget by the Bulgarian Development Bank (BDB) could be used for pensions, salaries, and investments
Bulgaria must return €250 million to the European Commission, Finance Minister Georgi Klisurski said. This is part of the third payment under the Recovery Plan
The European Commission announced today that it is granting Bulgaria €1.465 billion from the third payment under the National Recovery and Resilience Plan (NRRP)
After decades of fragmentation and a lack of effective connections between trains, buses, and urban transport, Bulgaria is finally taking steps to change this
Bulgaria expects to receive the second payment under the Recovery and Resilience Plan (RRP) by mid-October. This was announced by Deputy Prime Minister Tomislav Donchev
Bulgaria has submitted a second request for payment under the Recovery and Sustainability Plan (RSP) worth €653 million. It covers the implementation of 59 milestones
The European Commission's answer is necessary due to the fast approaching RRP deadline
The Bulgarian Ministry of Transport has decided to buy an additional 5 electric trains from the Czech manufacturer Škoda. The ministry has taken this step
The Bulgarian Transport Ministry has accumulated a series of failed orders for the delivery of push-pull and multi-unit trains pledged and financed with funds under the Recovery Plan
I'm certainly quite worried that there is a risk that we won't get any more money. I expect that from the second disbursement a huge part of the money
The Bulgarian Ministry of Finance failed to collect about EUR 1.25 billion from the pledged revenues, subsidies and donations in the 2023 state budget
