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European Commission endorses Bulgaria's €6.3 billion recovery and resilience plan

On 7 April, the European Commission adopted a positive assessment of Bulgaria's recovery and resilience plan. This is a key step paving the way for the EU to disburse €6.3 billion in grants under the Recovery and Resilience Facility (RRF).

emerging-europe.com

date:  29/04/2022

This financing will support the implementation of the crucial investment and reform measures outlined in Bulgaria's recovery and resilience plan. 

The Commission assessed Bulgaria's plan based on the criteria set out in the RRF Regulation. The Commission's analysis considered, in particular, whether the investments and reforms contained in Bulgaria's plan support the green and digital transitions; contribute to effectively addressing challenges identified in the European Semester; and strengthen its growth potential, job creation and economic and social resilience.

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