EU Policies and Goals of the Green Transition of Bulgaria and Romania for 2030

Iana Paliova ()
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Iana Paliova: Economic Research Institute, Bulgarian Academy of Sciences (ERI BAS)

Global Economic Observer, 2023, vol. 11, issue 2, 43-48

Abstract: The article analyses the policies of the EU Green Deal, focusing on the initiatives NextGenerationEU, Fit for 55 Package, Just Transition Mechanism, and RePowerEU Plan under the EU program period 2021-2027. It presents the state of play of Bulgaria and Romania as regards the energy and electricity mix and their objectives for reduction of greenhouse emissions, primary and final energy consumption by 2030. The investigation examines both countries’ National Recovery and Resilience Plans and the EU funding under the 2021-2027 Partnership Agreements while underlying their role for stimulating green transition policies during the current financial package. The internal and external risks for the implementation of the green policies have been identified.

Keywords: Environmental Taxes and Subsidies; Environmental Sustainability; Economic Integration (search for similar items in EconPapers)
JEL-codes: F15 H23 Q56 (search for similar items in EconPapers)
Date: 2023-12
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Persistent link: https://EconPapers.repec.org/RePEc:ntu:ntugeo:vol11-iss2-43-48

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