Inside Bulgaria's Easter Celebrations: Traditions Passed Through Generations
Today marks the joyous celebration of Easter, one of the most significant holidays in the Orthodox Christian calendar.
The European Commission has given a preliminary positive assessment of Bulgaria's request for the allocation of EUR 1.37 billion in grants under the Recovery and Resilience Plan. This is the first approved tranche under the plan.
According to the Commission, the Bulgarian authorities have presented detailed and comprehensive data on the implementation of the 22 key stages and goals presented by the country at the end of August. These include reforms and investments in education, smart industry, climate neutrality, digital connectivity, sustainable transport, road safety, justice, anti-money laundering, social inclusion, health and the audit and control system.
The Commission adds that our country's plan will be supported with 5.7 billion euros in the form of grants.
The Commission has sent its assessment to the Economic and Financial Committee with a request for its opinion, which must be presented within 4 weeks at the latest. After that, the Commission will adopt the final decision on the allocation of the funds and then they can be paid to our country.
The Commission also shared its positive preliminary assessment with the European Parliament.
Von der Leyen explained for what Bulgaria received the money
According to European Commission President Ursula von der Leyen, Bulgaria has made significant progress in implementing its recovery and development plan to receive its first payment under the Next Generation EU mechanism. However, she added that the decision must also receive the approval of the member countries:
"This first payment is the result of Bulgaria's good and rapid progress in the implementation and execution of the first set of reforms and investments. This includes important measures, for example, in relation to the green transition, the signing of contracts for the expansion of the Sofia subway, for clean and fast public transport in the capital. Good progress has also been made in the digital transition. Bulgaria has started to lay the foundations for the deployment of 5G networks in the country".
Von der Leyen added that our country will receive 5.7 billion euros in the coming years when it fully implements its plan.
Follow Novinite.com on Twitter and Facebook
Write to us at editors@novinite.com
Информирайте се на Български - Novinite.bg
/BNR
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
As the clock ticks down to midnight tonight, Bulgarians are reminded that April 30th marks the final day for filing their 2023 personal income tax returns
Bulgaria's National Bank has disclosed the country's external debt figures, revealing a notable increase in gross foreign debt at the end of February 2024
Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
The National Statistical Institute reports that in 2023, the poverty line for the entire country stood at 637.92 BGN per person per month within households
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022