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

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The European Commission has today adopted a positive assessment of
Bulgaria's recovery and resilience plan. This is a key step paving the way
for the EU to disburse €6.3 billion in grants under the Recovery and
Resilience Facility (RRF). This financing will support the implementation
of the crucial investment and reform measures outlined in Bulgaria's
recovery and resilience plan. It will play a crucial role in enabling
Bulgaria to emerge stronger from the COVID-19 pandemic.

The RRF is the key instrument at the heart of NextGenerationEU. It will
provide up to €800 billion (in current prices) to support investments and
reforms across the EU. The Bulgarian plan forms part of an unprecedented
coordinated EU response to the COVID-19 crisis, to address common European
challenges by embracing the green and digital transitions, to strengthen
economic and social resilience and the cohesion of the single market.

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