Challenges for Bulgarian Industry and the National Recovery and Resilience Plan (NRRP) Implementation

Iskra Christova-Balkanska ()
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Iskra Christova-Balkanska: Department of International Economy Economic Research Institute at the Bulgarian Academy of Sciences (ERI BAS)

Global Economic Observer, 2023, vol. 11, issue 2, 31-36

Abstract: The implementation of the main projects laid down in the National recovery and resilience plan of Bulgaria is aimed at environmentally friendly technologies, at the circular economy, at digitalization and at the application of innovative business models. Effective financing under the Recovery and Resilience Facility is a mechanism for successful investment projects, contributing to the reconstruction of the Bulgarian industrial sector. The emphasis falls on the Bulgarian industry, on the new European policy and mainly on the National recovery and resilience plan, as a basis for increasing the efficiency of Bulgarian industry. However, a series of issues remain open for resolution in connection with the effective investments of financial resources received, the transparent reporting of results, the highlighting the goals of the Bulgarian industrial policy etc.

Keywords: Industrial development; Recovery and Resilience Facility; RRF; National recovery and resilience plan; NRRP; The New EU Industrial Policy; Bulgaria (search for similar items in EconPapers)
JEL-codes: L16 O33 O34 (search for similar items in EconPapers)
Date: 2023-12
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