Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

First EU payments under recovery plan expected in the autumn, EU Funds Minister says

Atanas Pekanov
Photo: BGNES, archive

The first payments under the recovery and resilience plan are expected in the autumn, caretaker Minister for EU Funds Atanas Pekanov said in an interview with Nova TV. The sum will amount to EUR 1.3 billion and Bulgaria will request it by the end of August, and within two months the European Commission will answer whether it will allocate the money.  Minister Pekanov stated that for there to be subsequent payments, the new parliament will have to approve 22 laws by the end of 2022.

In the next five years close to EUR 1.5 billion will be invested in the development of Bulgarian businesses under the new programme Competitiveness and Innovation in Enterprises. The monmey will go to help micro, small and medium-sized enterprises introduce new technologies and innovations, the Ministry of Innovation and Growth says.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Institute for Market Economics

High added value manufacturing marks significant growth: Institute for Market Economics

Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..

published on 11/16/24 2:04 PM

Monthly inflation rises to 1.1%

Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..

published on 11/15/24 3:22 PM

Employers and trade unions discuss the mechanism for determining the minimum wage

A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..

published on 11/14/24 9:31 AM