European Commission Warns Bulgaria May Face Suspension of Second Payment under Recovery and Resilience Facility

European Commission Warns Bulgaria May Face Suspension of Second Payment under Recovery and Resilience Facility

Bulgaria

The European Commission has adopted a preliminary assessment of Bulgaria’s second payment request under the Recovery and Resilience Facility, submitted on October 7, 2023, the Bulgarian Finance Ministry reported on Friday. The Commission says that out of 62 milestones and targets under the national Recovery and Resilience Plan relevant to the second payment request, 53 have been achieved, and eight milestones and one target have not been satisfactorily fulfilled at this stage, which could lead to a significant suspension of the payment in line with the Commission's methodology, CE Report quotes BTA

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