Balgarianovinite.com The European Commission (EC) has approved Bulgaria’s request for EUR 1.6 billion in funding under the Recovery and Resilience Facility (RRF) – the centrepiece of NextGenerationEU – the Commission’s post-pandemic programme to support Member State’s recovery, economic growth, and competitiveness, the EC said on Tuesday.
Following Bulgaria’s third payment request of EUR 1.6 billion submitted on October 1, the EC found that the country had implemented 22 reforms and 19 investments benefiting citizens and businesses. These reforms and investments focus on key areas such as the green and digital transition, research and innovation, healthcare, social protection, sustainable transport and modernization of businesses. According to the Commission, Bulgaria has successfully completed 48 of the 50 milestones and targets included in the third payment request under its Recovery and Resilience Plan.
The EC states that this positive assessment is an important step towards the disbursement of EU funds to support Bulgaria’s economic growth and resilience efforts. Key measures covered by the third payment request include the prohibition of new coal or lignite electricity production installations, capping the annual CO2 emissions for existing coal and lignite plants, developing renewable sources for electricity production and storage facilities, and making the healthcare profession more attractive.
However, the Commission notes that two milestones – setting up of an anti-corruption body and the entry into force of legal act(s) concerning the criminal proceedings and the accountability and criminal liability of the Prosecutor General – still need to be completed to a higher standard. The EC therefore proposed to temporarily defer part of the payment, stressing that this approach enables Member States to receive funds for successfully completed milestones and targets while working on those not yet completed.
The EC has sent its preliminary assessment of Bulgaria’s fulfilment of the milestones and targets required for this payment to the Economic and Financial Committee (EFC), which has four weeks to deliver its opinion. The Commission can then can adopt a payment decision. Bulgaria has been notified of the reasons why the EC considers two milestones not satisfactorily fulfilled, and it has one month to respond. If, after that, the Commission still considers the milestones not to be completed, it will temporarily withhold part of the payment. The country will then have six months to take the necessary action, after which the remaining part of the payment will be released, the EC said.
Payment to Bulgaria for the already greenlighted milestones and targets can be made after the EFC gives a positive opinion and the EC adopts a payment decision. According to the statement, Bulgaria’s Recovery and Resilience Plan includes investment and reform measures financed by EUR 6.17 billion in EU grants. European Commission Partially Greenlights Bulgaria’s Payment Request of EUR 1.6 Bln under NextGenerationEU 2025 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2025-12-02 11:55:59 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law