Bulgaria Resubmits €653M Recovery Plan Request

Bulgaria Resubmits €653M Recovery Plan Request

Bulgaria

Bulgaria has resubmitted its second payment request under the National Recovery and Resilience Plan (NRRP), seeking €653 million, the Finance Ministry announced Thursday. The request, initially withdrawn in April due to incomplete measures, now includes 59 completed milestones—20 of them legislative, CE Report quotes BTA

This is the most reform-intensive request to date, involving amendments to 15 laws and the adoption of three new ones. Key reforms include electricity market liberalization, renewable energy support, whistleblower protection, anti-corruption measures, insolvency improvements, and stricter procurement rules.

The investment component targets SME digitalization, energy-efficient building renovations, modern street lighting, and household renewable energy projects.

The European Commission will review the request within two months.

Tags

Related articles

Peevski Confirmed as Sole MRF Leader
The Sofia City Court has officially registered Delyan Peevski as the sole chairperson of the Movement for Rights and Freedoms (MRF), finalizing a long internal power struggle within the party.
Rare African Moon Moths Hatch in Plovdiv Museum
Two African moon moths (Argema mimosae) have hatched at the Regional Museum of Natural History in Plovdiv, the museum announced on July 24.
Bulgarian PM to Visit Moldova July 27–28
Bulgarian Prime Minister Rossen Jeliazkov will pay an official visit to Moldova on July 27–28, 2025.
Bulgaria Wins 4 Medals at Physics Olympiad in Paris
Bulgaria’s top high school physics students earned four bronze medals and one honourable mention at the 55th International Physics Olympiad (IPhO), held in Paris from July 17–25.
Shumen Hosts Major Rapid and Blitz Chess Tournament
The Shumen Open International Rapid and Blitz Chess Tournament will be held July 25–27 at Arena Shumen, featuring over 150 participants, including many of Bulgaria’s top players.
"The Art of Collecting Time" Opens in Sofia
The Palace, home to Sofia’s National Art Gallery, has opened The Art of Collecting Time, a contemporary exhibition centered around a major donation by Swiss diplomat and art patron Gaudenz B. Ruf. The show features works by 12 Bulgarian artists and nine from Serbia, Montenegro, and Croatia. It runs until October 5.
BAS Hosts Conference on Digital Cultural Heritage
The Institute of Balkan Studies at the Bulgarian Academy of Sciences (BAS) will host a conference titled “Cultural Heritage in the Digital Era” on July 30 in Sofia.
Sofia DocuMental 2025 Highlights Human Rights
The sixth Sofia DocuMental International Documentary Film Festival will be held from September 25 to October 5, 2025, under the motto “Natural Intelligence Strikes Back.”
Bulgaria Highlights Cultural Heritage
Bulgaria is highlighting its rich cultural legacy in an outdoor exhibition marking the 47th session of the UNESCO World Heritage Committee, currently under the Bulgarian Presidency.
Bulgaria Condemns Russian Aggression
The Bulgarian National Assembly on Wednesday adopted a declaration denouncing Russia’s ongoing war against Ukraine.
Rashaida Wins U20 & U23 European Cup in Fencing
Rahim Rashaida has been crowned the winner of the U20 and U23 Men’s Epee European Cup for the 2024/2025 season, the Bulgarian Fencing Federation announced Wednesday.