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

Today, the European Commission adopted a positive assessment onBulgaria’s resilience and recovery plan. This is an important step in paving the way.

to the EU to award EUR6.3 billion in grants through the Recovery and

Resilience Facility (RF) This financing will be used to support the implementation

The crucial reform and investment measures described in Bulgaria’s

Recovery and resilience plan. It will be crucial in enabling

Bulgaria emerges stronger from the COVID-19 pandemic.

NextGenerationEU’s core instrument is the RRF. It will

Support investments with up to EUR800 billion at current prices

Reforms are being made across the EU. The unprecedented Bulgarian plan is part of a larger EU reform.

Coordinated EU response to COVID-19 crisis to address common European issues

To overcome challenges, embrace the digital and green transitions to strengthen

Economic and social resilience, and the cohesion and integration of the single market.

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