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The news was announced by European Council President Charles Michel, quoted by world agencies, BTA reports.
“We can start now with the implementation of the plan and with the recovery of our economies. Our historic recovery plan will carry forward our green and digital transition,” Michelle wrote on Twitter.
Treat the #MFF and recovery package #NGEU
Now we can start implementation and rebuild our economies.
Our historic recovery package will drive our green and digital transitions. #EUCO
– Charles Michel (@eucopresident) December 10, 2020
The EU budget for the period 2021-2027 worth 1,074 billion euros and the recovery plan worth 750,000 million euros were adopted in July, but were blocked by Budapest and Warsaw, who opposed a mechanism linking the disbursement of European funds to compliance. of the principles and norms of the rule of law.
Bulgaria will receive some 29 billion euros from the new European Union (EU) budget and the “Next Generation” package. This was announced by Bulgarian Prime Minister Boyko Borissov in July, before the funds were blocked.
“We are one of the few countries that will receive more money – almost BGN 2 billion under the new multi-annual financial framework compared to the current one, given that the new budget is 62 billion euros less than the current one,” he added.
The Prime Minister of Bulgaria stressed that of this amount 200 million euros will be used to help backward and poor regions, and 9,000 million euros, with 800 million more levs, are set in line with cohesion policy. According to him, this is important to achieve competitiveness, growth and employment.
Bulgaria will receive 500 million euros from the Just Transition Fund, Borissov added. 200 million euros have been earmarked for Migration and Security Funds.
The funds from the Next Generation EU package, which will go to Bulgaria, amount to 7.7 billion euros and are grants. Of these grants, 6.6 billion euros correspond to the recovery and sustainability mechanism. , which will finance public investments and reforms to recover from the crisis, as well as to achieve a sustainable, climate, neutral, digitized and low-carbon economy, ”added Borissov.
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