Deputy Prime Minister Atanas Pekanov said Bulgaria has so far received just over half of the funds under the Recovery and Resilience Plan, with the country now working under tight deadlines to secure the remaining payments. Speaking to municipal leaders, he noted that Bulgaria’s absorption rate stands at 53%, significantly below the European Union average of around 85%.

Deputy Prime Minister Atanas Pekanov said Bulgaria has so far received just over half of the funds under the Recovery and Resilience Plan, with the country now working under tight…

The European Commission has given preliminary approval to Bulgaria’s fourth payment request under the Recovery and Resilience Facility, the flagship component of the EU’s…