ПРОГРАМИ
en de ru fr es sr gr al tr ro
Podcast in English
Share
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria must quickly renegotiate clauses of the Recovery Plan

Finance Minister Assen Vassilev
Photo: BGNES

The 2023 state budget with a 3% deficit is feasible and does not "tighten the belts", Finance Minister Assen Vassilev told Nova TV. A total of BGN 250 million (EUR 125 million) has been additionally allocated for salary increases in various sectors, Vassilev said.

The funds for culture have also been increased, Vassilev added. If in 2022 funding for culture amounted to BGN 340 million (EUR 170 million), of which BGN 40 million (EUR 20 million) remained unused and returned, in the new budget it is BGN 357 million (EUR 178.5 million).

The government must finish the renegotiation with the European Commission on some clauses of the Recovery and Resilience Plan in a very short period of time in August and September. Parliament must also pass the Energy Act, which is one of the main pieces of legislation for the second payment under the Recovery Plan. The budget stipulates that the second payment under the Plan must come by the end of the year, which means that the legislation must be adopted by the end of September, Vassilev also pointed out.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.
Radio Bulgaria Economy    2023 budget Assen Vassilev Recovery and Resilience Plan state budget

More from category

The 2026 budget provides for EUR 10.5 billion in new debt and a 3% deficit

Bulgaria’s Ministry of Finance has published the draft state budget in euros for 2026. The country’s GDP is projected to reach EUR 120.1 billion, with an economic growth rate of 2.7%. Planned revenues amount to EUR 51.436 billion, or 42.8% of GDP...

published on 11/4/25 9:08 AM

Bulgaria is among the EU countries with the highest percentage of workers at risk of poverty

In 2024, 8.2% of people aged 18 or over who declared to be at work (either employed or self-employed) in the EU were at risk of poverty, according to data from Eurostat, cited by the BNR's Horizont channel. In Bulgaria, this share reached 11.8%. The..

published on 11/3/25 3:14 PM

Trade unions in Bulgaria oppose planned minimum wage of 605 euros, prepare protest

The two largest trade unions in Bulgaria - the Confederation of Independent Trade Unions in Bulgaria and the Confederation of Trade Unions "Podkrepa" - are organizing a warning protest in front of the Council of Ministers building. It is planned for..

published on 10/29/25 2:42 PM

WEATHER
Pick city: Sofía
Mostly Cloudy
Min: -3 | Max: 10
Mostly Cloudy
Min: 2 | Max: 12
Mostly Cloudy
Min: 2 | Max: 12
Cloudy
Min: 0 | Max: 8
Partly Cloudy
Min: -2 | Max: 12
Partly Cloudy
Min: -3 | Max: 13
Partly Cloudy
Min: -4 | Max: 11
Mostly Cloudy
Min: -3 | Max: 10
Mostly Cloudy
Min: -2 | Max: 10
Mostly Cloudy
Min: -4 | Max: 10
Partly Cloudy
Min: -3 | Max: 12
Mostly Cloudy
Min: -1 | Max: 10
Mostly Cloudy
Min: -2 | Max: 11
Mostly Cloudy
Min: -4 | Max: 8
Mostly Cloudy
Min: -1 | Max: 10
Mostly Cloudy
Min: -1 | Max: 12
Mostly Cloudy
Min: -4 | Max: 10
Cloudy
Min: -1 | Max: 9
Cloudy
Min: -1 | Max: 8
Mostly Cloudy
Min: -1 | Max: 11
Partly Cloudy
Min: -1 | Max: 11
Mostly Cloudy
Min: -2 | Max: 9
Cloudy
Min: -2 | Max: 10
Mostly Cloudy
Min: -3 | Max: 10
Cloudy
Min: -2 | Max: 8
Mostly Cloudy
Min: -3 | Max: 11
Cloudy
Min: -2 | Max: 9
BULGARIA IN PICTURES
Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?
Yasen Gyuzelev
Theodore Ushev
Christo Javacheff - Christo
Ilia Peikov
Lika Yanko

BULGARIANS ABROAD

Български English Русский Deutsch Српски Français Ελληνικά Español Shqip Türkçe Română

english@bnr.bg

+359 2 9336 661

Общи условия за използване на сайта | Политика за поверителност | Политика за "бисквитки"