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EU Commission: Bulgaria has not yet submitted a formal request for renegotiation of the NRRP

published on 3/29/23 1:46 PM

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Even if Bulgaria manages to renegotiate its National Recovery and Resilience Plan (NRRP), the climate neutrality targets must still be met, representatives of the European Commission told BNR. This means that Sofia must devote at least 37% of the plan's spending to tackling climate risks and implementing Bulgaria-specific recommendations. These are for decarbonisation of Bulgaria's economy, which is among the biggest emitters of carbon dioxide in the EU. Sofia has not yet formally submitted the renegotiation request, BNR correspondent Angelina Piskova reports from Brussels.

Energy Minister Rosen Hristov said he had asked the European Commission to renegotiate the commitment made by the government of Kiril Petkov to reduce carbon emissions in electricity generation by 40% by 2026.

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Radio Bulgaria Economy Angelina Piskova Brussels EU Commission NRRP Recovery and Resilience renegotiation Rosen Hristov

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Real estate prices along the Black Sea coast have continued to grow, though more gradually

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EU Commission: Bulgaria has not yet submitted a formal request for renegotiation of the NRRP

More from category

Real estate prices along the Black Sea coast have continued to grow, though more gradually

Bulgaria's Chiren gas storage facility boosts capacity by 20 percent

Cheap labour is no longer a leading factor in attracting foreign investments in Bulgaria

Real estate prices along the Black Sea coast have continued to grow, though more gradually