Bulgaria to Receive EUR 1.8B EU Funds by End-2014 – Deputy PM
European Union will allocate about EUR 1.8B to Bulgaria by the end of 2014, according to Deputy Prime Minister Zinaida Zlatanova.
During the new programming period by 2020 Bulgaria may receive some EUR 15B EU funds, Zlatanova said at a seminar against corruption and fraud in regards to EU structural and investment funds, BGNES reports.
In the new programming period, the regions will receive EUR 325B boost via European structural and investment funds.
The main goal is to increase economic growth, to create new jobs and to develop competitiveness.
According to Zlatanova, corruption remains a challenge for Bulgaria and Europe. The Deputy Prime Minister highlighted the important measures for the reduction of corruption, such as transparency of procedures, effective implementation of the measures, legislation reform and control improvement.
- » Bulgaria Runs Huge Risk of Losing EU Funds - Deputy PM
- » European Commission OKs 39 New Operational Programs, None of Them Bulgarian
- » Bulgaria to Seek Long-Term Loan for 240-km Section of Hemus Motorway
- » Bulgaria PM to Seek Unfreezing of EU Funds in Brussels Next Week
- » French Ambassador: EU Monitoring On Bulgaria Might Increase
- » Bulgarian Ministers Desperate to Negotiate Reduction of EU Funds Losses in 2014