Bulgaria to receive another 1 billion euros under Recovery and Resilience Plan

Bulgaria will receive nearly 1 billion euros from the fourth payment under the Recovery and Resilience Plan, Deputy Prime Minister Atanas Pekanov said. The funds will be deposited into the state’s accounts by the end of July, BNR reporter Tsvetelina Stoyanova has informed.

“The key to this result was what was done in the past few weeks regarding anti-corruption reforms and the rule of law. This showed that our country is not looking for loopholes and easy solutions, but will fulfil its commitments responsibly, effectively and in the interest of Bulgarian citizens,” Atanas Pekanov said.

According to the European Commission, 23 of the 26 stages and objectives have been satisfactorily fulfilled by the country. The unfulfilled measures specified by Brussels under the fourth payment are in the field of culture, the water sector and the integrated urban transport. For the fifth and final payment, the country will rely on 1.7 billion euros, which will require mobilization and discipline until the end of August, the Deputy Prime Minister also said.

Editor: Diana Tsankova