Bulgaria: National Plan for Absorption of Covid-19 Funding by End of 2020

Bulgaria: National Plan for Absorption of Covid-19 Funding by End of 2020

Bulgaria is to propose by the end of 2020 or the beginning of 2021 a national plan for absorption of the EU funding allocated to the countries to overcome the health and economic consequences of Covid-19. "EUR 30 billion is only a conditional amount. We need a serious action plan to be able to absorb this sum", Deputy Premier Tomislav Donchev said during the Parliamentary control.

However, the Bulgarian Socialist Party questioned the government’s ability to ensure fairness in spending European money. According to BSP MP Krum Zarkov, the loss of confidence in this country’s cabinet will be a problem in the absorption of money allocated to Bulgaria to restructure its economy and address the heavy coronavirus crisis./BNT

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.