European Commission Approves Bulgaria’s Fourth Recovery Plan Payment, Nearly €1 Billion Expected by July

The European Commission has given preliminary approval to Bulgaria’s fourth payment request under the Recovery and Resilience Facility, the flagship component of the EU’s NextGenerationEU program, marking an important step in the country’s efforts to secure funding tied to major reforms and investments. In its preliminary assessment, the Commission concluded that Bulgaria has successfully completed 23 of the 26 milestones and targets linked to the payment. The request, submitted on April 2, 2026, is worth approximately €1....