Bulgaria to Get EUR 7 B from EU by 2014

Politics » BULGARIA IN EU | March 10, 2007, Saturday // 00:00

During the next seven years, Bulgaria will receive close to EUR 7 B from the European Union, Finance Ministry officials have announced.

The country had to prepare a certain set of papers for the cash and the Council of Ministers approved those papers last week. They have been officially deposited in Brussels on March 5, Boryana Pencheva, head of the "EU Funds Management" directorate in the Ministry told Darik News.

We have decided to have fewer programmes so it would be easier to realize them, she said.

The biggest amount would go for transportation, with ecology and regional development coming in right after, Pencheva explained. The "transport" programme would require almost EUR 2 B for highways and roads on the main transport corridors.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Bulgaria in EU » Be a reporter: Write and send your article

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria