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2 clusters · 3 sources · 1 days · First seen 30 days ago · Last updated 29 days ago

Bulgaria Recovery and Resilience Plan implementation

Overview

Bulgaria is utilizing funds from its National Recovery and Resilience Plan (NRRP) to modernize social services and residential infrastructure.

Social Minister Natalia Efremova confirmed that the implementation of RRP investments concluded on August 31, with no loss of funds. Key achievements include the modernization of 252 social services, the renovation of municipality-managed elderly homes, the installation of photovoltaic plants at 500 state-delegated social services, and the acquisition of 250 electric vehicles for municipal use.

Simultaneously, the Bulgarian Development Bank (BDB) has finalized negotiations for a 332.5 million euro project aimed at the energy renovation of 630 multi-family residential buildings across more than 100 municipalities. This initiative, part of the NRRP, provides 100% financing for eligible costs to reduce energy consumption and household utility costs for residents.

Entities

Bulgarian Development Bank · Recovery and Resilience Plan · Natalia Efremova · European Commission

Timeline

29 days ago

[BUSINESS] 2 sources
Bulgarian Development Bank secures 332.5M euro for residential energy renovations
Bulgaria will renovate 630 residential buildings across 100+ municipalities using 332.5 million euros in NRRP funds, providing 100% financing for eligible energy efficiency improvements.
30 days ago

[POLITICS] 3 sources
Bulgaria Social Minister confirms full utilization of RRP funds
Bulgarian Social Minister Natalia Efremova confirmed that all funds under the Recovery and Resilience Plan have been utilized, focusing on modernizing long-term care and social services.

Sources

iskra.bg · petel.bg · standartnews.com