Bulgaria Unlocks EU Funds

Business 21 May 2025 14:00

Bulgaria has fulfilled its final commitment required to unlock over BGN 10 billion under the second tranche of the National Recovery and Resilience Plan (NRRP), Justice Minister Georgi Georgiev announced Wednesday, CE Report quotes BTA

The government approved amendments to the Civil Procedure Code, reintroducing mediation as a form of out-of-court dispute resolution. A mandatory information session for litigants is included—both an NRRP requirement and a common European practice.

Georgiev emphasized that the goal is to ease the burden on courts and inform citizens of the benefits of mediation. Parties who reach a settlement through mediation will be refunded 85% of their court fees. The new rules apply to over a dozen types of cases, including lengthy inheritance disputes.

The European Commission has approved the draft bill, which will now be submitted to the Bulgarian Parliament.

Tags

Sandu Promotes Southern Projects

21 May 23:55

President Maia Sandu visited southern Moldova today, inspecting major infrastructure projects aimed at boosting connectivity and energy independence.

Rural Shift Key to Food Security

21 May 16:35

Efforts to boost food security and economic resilience in developing nations must prioritize rural transformation, according to IFAD President Alvaro Lario.

Moldova Strengthens EU Ties in Brussels Visit

20 May 23:45

Minister of Economic Development and Digitalization Doina Nistor visited Brussels to strengthen Moldova’s economic ties with the EU.

Moody’s Downgrade Hits US Credit Rating

19 May 22:00

Moody’s has downgraded the US long-term credit rating from “AAA” to “Aa1,” citing high debt levels and a widening budget deficit, marking the first time the US no longer holds the top rating from all three major agencies.

EU Hopeful on Bulgaria’s Euro Bid

19 May 12:00

EU Commissioner for Economy and Productivity Valdis Dombrovskis expressed cautious optimism about Bulgaria joining the euro area in 2025.

Bulgaria Stabilizes Regional Grid

18 May 22:35

Bulgaria has demonstrated its role as a regional energy security guarantor, Energy Minister Zhecho Stankov announced at a briefing following recent power outages in neighboring countries.

Karadjov Backs PPPs for Infrastructure

16 May 23:45

Deputy Prime Minister and Minister of Transport Grozdan Karadjov is advocating for a new strategy to revive Bulgaria’s stalled infrastructure projects by expanding the use of public-private partnerships (PPPs).

Bulgaria Unlocks EU Funds

Tags

Related articles

Most read

Press Releases

Features