EU sets August deadline for Bulgaria recovery aid
The European Commission has urged Bulgaria to maintain its reform momentum to unlock the remaining portion of a 6.2 billion euro recovery fund by August. While praising progress on anti-corruption measures, officials noted that further energy sector improvements are required to access the next 370 million euro tranche.
Xurve View
Xurve View
Bulgaria must complete anti-corruption and energy reforms by late August 2026 to unlock the remaining €2.9B in EU recovery grants. The deadline follows five parliamentary elections in three years that slowed legislative progress on the €6.2B total aid package. Securing these funds is critical for Sofia to modernize its power grid.
