The European Commission has already given the green light to Bulgaria’s Recovery and Resilience Plan. Now, the European Council should finally endorse the plan. The procedure will take about one month and is expected to end in the beginning of May, said Cvetan Kyulanov, Head of the European Commission’s Representation in Bulgaria.
Bulgaria is expected to claim the first grant at the end of the second or the beginning of the third quarter of 2022. Disbursements can take place a maximum of twice a year, Cvetan Kyulanov pointed out.
In 2024, the average gross annual salary in Bulgaria is 27,881 BGN (EUR 14,255), according to preliminary data from the National Statistical Institute. Compared to 2023, this marks an increase of 13.9% , with the public sector seeing an increase of..
The Bulgarian National Bank (BNB) has posted, to its website, the answers to important questions connected with the adoption of the euro and the country’s entry into the Eurozone. The official BGN to Euro exchange rate is fixed, with the Lev..
89% of German investors in Bulgaria would choose Bulgaria again for their investments . This is indicated by a study by the German-Bulgarian Chamber of Industry and Commerce conducted in 2024. Germany continues to be a key partner of Bulgaria in terms of..
One of the key steps in the expansion of the underground gas storage at Bulgaria's Chiren gas storage facility, the construction of the above-ground..
Transformation – this is the word that most accurately describes the current state of the Bulgarian industry. According to an analysis..
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