Bulgaria's Finance Minister Plamen Oresharski opened Monday the technical support operative program after the European Commission has officially approved its financing on November 7. Photo by Yuliana Nikolova (Sofia Photo Agency)
Bulgaria's Finance Minister Plamen Oresharski opened Monday the technical support operational program after the European Commission has officially approved its financing on November 7.
The program, along with six others, is to be financed by the EU structural funds and the European Regional Development Fund.
Bulgaria will be given the opportunity to absorb more than EUR 56 M on this program until 2013, as about EUR 48 is granted by the bloc.
"We hope that all the money allocated to the program is to be fully absorbed as it would be a precondition for developing the other six EU programs," Minister Oresharski said.
"The technical support program will help all the activities performed by the administration structures," he explained.
"The structural funds are among the major financial tools of EU rapprochement policy," the minister added.