Bulgaria Risks Losing 9 Billion Euros Due to Delays in Recovery and Resilience Plan

Atanas Pekanov, the former Deputy Prime Minister for the Management of European Funds during the Donev Caretaker Cabinet, warned that Bulgaria stands to lose out on significant financial support, amounting to 9 billion euros, due to delays in the Recovery and Resilience Plan and other related projects. He noted that projects, such as the modernization of the electricity transmission network, have been earmarked under the plan but remain pending due to a lack of action from the Bulgarian government.

Speaking on NOVA NEWS, Pekanov expressed concerns about the passive approach of both the caretaker government and the regular government talks regarding the Recovery and Resilience Plan....