EU Funds: Bulgaria on the Brink of €3 Billion – What's Next?

The caretaker government is conducting negotiations with the European Commission regarding the Recovery and Resilience Plan (RRP). Today, Deputy Prime Minister Atanas Pekanov will present an update on the RRP funds.

Delay and Postponement

Bulgaria is lagging in the implementation of the reforms necessary to receive the funds. However, the caretaker government managed to negotiate a postponement with the European Commission due to the political situation.

Key Payments

According to Atanas Pekanov, the stake in the next three months is nearly 3 billion euros. What needs to happen for us to receive them?

• In June: we expect a payment of 1 billion euros plus previously withheld funds for the anti-corruption reform.
• In August: the remainder – approximately 1.6 billion euros.

Questions and Expectations

Is there enough time to implement the necessary reforms? Will we be able to secure the funds on schedule?

What lies ahead?

The coming months are critical for Bulgaria and its future. How will the caretaker government handle the challenges?

Questions we need to ask:

• What specific reforms must be implemented?
• When can we expect the next payment from the EU?