Borissov: Eurozone Entry Will Position Bulgaria Among 'White' Countries
Boyko Borissov, leader of the GERB Party, firmly stated that Bulgaria’s entry into the eurozone would position the country among the "white" nations
Pernik, Stara Zagora and Kyustendil are the regions in Bulgaria earmarked to receive the most generous financial aid from the EU Just Transition Fund.
Targeted investments will be made in the three coal-producing regions to adapt them to European environmental requirements. The Fund is in the focus of the upcoming European Parliament (EP) plenary sessions this week.
Bulgaria will receive nearly 1.3 billion euro from the fund, which ranks the country fifth in the amount of funding provided.
The Just Transition Fund (JTF) aims to provide support to the territories most affected by the transition to climate neutrality. The JTF will facilitate the implementation of the Green Deal, which aims to make the EU climate neutral by 2050.
The JTF is an instrument with a total budget of 17.5 billion euro.. The Multiannual Financial Framework (MFF) 2021-2027 allocates EUR 7.5 billion and from the recovery instrument – NextGenerationEU – EUR 10 billion.
Bulgarian MEPs Andrey Novakov (EPP) and Tsvetelina Penkova (S&D) commented on the JTF at an online briefing for journalists on Monday, May 17.
"JTF is a tool that we are obliged to use to the last cent for the sake of the nation’s future, because of Bulgaria's dependence on electricity generation from coal," commented Novakov.
He expressed confidence that transition to clean energy and preserving jobs in energy sector could go hand in hand. The retraining of miners is more complex and this needs to be taken into account, the MEP stressed. He believes that Bulgaria should continue to use its fossil fuel reserves, which are national wealth, but at the same time meet all modern EU criteria.
Bulgaria's Minister of Defense Todor Tagarev admitted the possibility that an explosive device might have been planted on board the crashed plane in which Yevgeny Prigozhin was traveling
The European Commission has announced that it is preparing criminal proceedings against Bulgaria, Cyprus, Greece, Malta, and Portugal for incorrect application of the rules on the exchange of data on criminal records and the establishment of the relevant
The European Commission has started an evaluation of the Plan for Reconstruction and Development of Bulgaria, said the spokesman of the European Commission Eric Mamer. The document was submitted to the Commission on 15 October.
58% of Bulgarians do not support the introduction of the euro as the official currency in the country. This shows a study prepared by Trend agency specifically for the financial forum NEXT DIFI 2021, organized by b2b Media for the fifth year. The data dur
Too late Bulgaria began to explain its own position towards North Macedonia, as it should have been clear to our European partners some time ago.
An SPD-led government in Germany has significant potential to sharpen international attention to the problems of corruption in Bulgaria.
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