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

Bulgaria to grant WHO EUR 100,000 in aid for the civilian population in Gaza

The Council of Ministers has approved the draft of a donation agreement between the World Health Organization and Bulgaria on the provision of a voluntary contribution, amounting to EUR 100,000, in support of the activities of the organization in the..

published on 11/21/24 9:20 AM
Ivan Kondov (L) and Igli Hasani

Foreign ministers of Bulgaria and Albania reaffirm support for accelerated construction of Corridor 8

Bulgaria’s caretaker Foreign Minister Ivan Kondov and his Albanian counterpart Igli Hasani confirmed the firm commitment of the two countries to the accelerated construction of transport Corridor 8. Romania has asked to join the construction..

published on 11/21/24 9:04 AM

Gale-force winds inflict damage in Vratsa and the environs

Winds of up to 120 kms. per hour inflicted damage in Vratsa, the biggest town in Bulgaria’s Northwest. Dozens of reports have come in of fallen trees and branches onto vehicles and roads, damaged equipment and torn overhead cables. There were..

published on 11/21/24 8:43 AM