Text size

European Commission: National recovery plan means investment and reform

published on 12/1/20 6:18 PM

Photo: BGNES

"When we talk about national recovery and sustainability plans, we are talking about investments and reforms, qualitative changes in the economy that will bring sustainability and a more globally competitive European and Bulgarian economy." This was said by Tsvetan Kyulanov, the head of the Representation of the European Commission in Bulgaria, during the 24th Bulgarian Economic Forum, which was held online.

Kyulanov said that there was almost a doubling of the available funds from Europe which would enter the Bulgarian economy, emphasizing that it was important how we would use them, BTA reported.

The pandemic has aggravated the economic state of 70% of Bulgarian companies, the forum participants announced. According to 70% of the participants in the annual poll of the Bulgarian Industrial Association, the government's anti-crisis measures are inefficient.

The economic recovery of Bulgaria can start in 20212, the chairperson of the Bulgarian Economic Forum Georgi Tabakov said.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Bulgarian Economic Forum economic recovery economy European Commission

More from category

57% of Bulgarians in favour of introducing compulsory religious education in schools

Fifty-seven per cent of Bulgarians are in favour of including religious education in the compulsory school curriculum , according to a survey by Trend. 26% are against the idea. Support is lower than average among the youngest and higher among the..

published on 3/26/25 1:27 PM

MPs restore MECH parliamentary group

The MECH party has its own parliamentary group again. It was restored after MPs adopted the draft resolution of ITN with 170 votes “for”, 1 “against”, and two abstained. Earlier today, two new MECH MPs took the oath in the..

published on 3/26/25 11:07 AM

Ministry of Education wants ban on mobile phones in schools

The Ministry of Education and Science is preparing legislative changes to ban the use of mobile phones in schools, Minister Krasimir Valchev said. The texts will be presented to MPs in May or June. “Currently we have a ban..

published on 3/26/25 10:18 AM