Balgarianovinite.com Bulgaria’s Finance Minister Temenuzhka Petkova held a working meeting with Iliana Ivanova, member of the European Court of Auditors (ECA), the Finance Ministry said on Monday. The two discussed the presentation of ECA’s Annual Report for 2024.
“Bulgaria excels in customs revenue collection, and the absorption of structural funds is above the EU average,” Ivanova said during the presentation of the report’s main findings. She highlighted the country’s Information System for Management and Monitoring of EU Funds as another good example.
Petkova welcomed the ECA’s efforts to simplify the rules, noting that this would increase competition in applying for EU programmes. She emphasized the Finance Ministry’s active work, together with other responsible institutions, on securing the second and third payments under the National Recovery and Resilience Plan. “We are moving in the right direction and continuing our dialogue with the European Commission,” she said.
Ivanova noted a decline in the EU budget error rate in 2024, down to 3.6% from 5.6% a year earlier. Among the main risks and challenges she outlined were the growing debt burden, with loans rising by over 30% in 2024, increased interest costs under Next Generation EU instrument supporting Europe’s economic recovery from the coronavirus pandemic and their impact on budgets, as well as delays in the absorption of funds under the Recovery and Resilience Facility and the structural funds. Finance Minister Petkova, ECA Member Ivanova Discuss Court of Auditors’ 2024 Report on EU Funds 2025 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2025-11-10 19:36:00 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