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

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 Re...

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Bibliographic Details
Main Author: ISKRA CHRISTOVA-BALKANSKA
Format: Article
Language:English
Published: Nicolae Titulescu University 2023-12-01
Series:Global Economic Observer
Subjects:
Online Access:http://www.globeco.ro/wp-content/uploads/vol/split/vol_11_no_2/geo_2023_vol11_no2_art_004.pdf
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Summary: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.
ISSN:2343-9742
2343-9750