Bulgaria's Anti-Corruption Drive: A Step Closer to EU Funds
The European Commission acknowledges Bulgaria's progress in setting up an independent anti-corruption office. With a focus on unlocking EU funds by August, Bulgaria is working on reforms needed to secure the full 6.2 billion euros in grants earmarked for its post-pandemic recovery.
The European Commission has acknowledged Bulgaria's strides in establishing an independent anti-corruption office, a vital reform required to unlock EU funds. The EU has earmarked 6.2 billion euros in grants under the post-pandemic recovery program, contingent on Bulgaria's reform commitments.
Sofia has already received 3.3 billion euros, yet meeting all necessary reforms proved challenging due to political instability marked by five elections in three years. The reforms, including the anti-corruption office, are crucial to secure the remaining funds.
European Commission head Ursula von der Leyen stressed the importance of maintaining reform momentum to meet the August deadline, following discussions with Bulgarian Prime Minister Rumen Radev.
(With inputs from agencies.)
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