Bulgaria Risks Losing 500 Million from Recovery Plan Due to Delayed Reforms

Atanas Pekanov, Bulgaria's former vice-prime minister for European funds under the "Donev" administration, has warned that the country is likely to forfeit at least 500 million leva (250 million euros) from the Recovery and Sustainability Plan due to delays in implementing agreed reforms. Pekanov, speaking to Nova TV, expressed concern that Bulgaria's commitment to difficult reforms was not adequately prioritized, despite the significant effort invested in drafting the plan.

Pekanov supported the call from "We Continue the Change-Democratic Bulgaria" (WCC-DB) for the passage of three crucial laws: the Anti-Corruption Commission Law, the Personal Bankruptcy Law, and the Law on the Protection of Consumers Who Report Corruption....