The European Commission green-lit Bulgaria's third payment request under its Recovery and Resilience Plan, worth 1.6 billion euros, after the country knocked out 22 reforms and 19 investment projects covering digital upgrades, climate action, healthcare improvements, and business modernization. Bulgaria completed 48 out of 50 required benchmarks, which means most of the cash is ready to flow once the Economic and Financial Committee signs off within four weeks.
Two targets still need work, though: setting up an anti-corruption agency and passing laws about prosecuting the Prosecutor General. Brussels is holding back part of the payment until those get sorted, giving Bulgaria six months to fix things before releasing the remaining...