Bulgaria can receive 13% of EU financing for recovery in 2021

Bulgaria can receive 13% of EU financing for recovery in 2021

The Recovery Plan is still a draft, EU Deputy Prime Minister Atanas Pekanov has told bTV. This year he expects the country to receive up to 13% of financing under the plan.

"We have started the process of negotiations and coordination between the new cabinet members in order to use this resource in the best way," the deputy prime minister said, recalling that the plan is a new mechanism. If the planned projects and reforms were not carried out, no money would be received. The plan includes 12 components and 36 reforms in various areas, the deputy prime minister said.

Pekanov commented that if political instability did not turn into some kind of economic instability, there would be no delay in the process of joining the Eurozone.


Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.