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

Commission disburses first payment of nearly €1.4 billion to Bulgaria under the Recovery and Resilience Facility

Atanas Pekanov
Photo: BGNES

Today, the Commission paid €1.37 billion to Bulgaria - the first tranche under the Recovery and Resilience Plan, said Atanas Pekanov, the caretaker Deputy Prime Minister for EU Funds Management. 

The subsidy will be used for the modernisation of small and medium-sized enterprises; completion of the third metro line; expansion of TETRA (a crypted communications network used by the police, army, etc.); projects related to renewable energy sources; and construction of outdoor lighting in municipalities. In order to receive the first funds, the country has met 22 milestones and targets of the Plan. 

A further 66 steps related to the second payment of € 740 million are to be taken.



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

Vice President Iliana Iotova: "Because of the changes in the Constitution, MPs are unable to elect Parliamentary Speaker"

Vice President Iliana Iotova pointed out that the changed texts in the Constitution have turned against their creators.  Yotova told journalists that "because of these changes in the Constitution, the Speaker of the National Assembly cannot be..

published on 11/21/24 4:45 PM

Bulgaria is among the first in the EU in new car registrations

New car sales in Bulgaria in October increased three times more than the average for the European Union , where the purchase of new cars is only 1.1%.  According to the Association of European Automobile Manufacturers, 75.9% of cars registered in..

published on 11/21/24 3:45 PM

Teachers in Bulgaria ready to go on strike, demand pay rise

77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a national survey by Podkrepa trade union. Half of those surveyed are in favour of a nation-wide..

published on 11/21/24 1:30 PM