Bulgaria Receives EUR 18 M for Vineyard Restructuring

Politics » BULGARIA IN EU | February 6, 2008, Wednesday // 00:00
Bulgaria: Bulgaria Receives EUR 18 M for Vineyard Restructuring Bulgaria's Agriculture Minister Nihat Kabil (left) and State Agriculture Fund CEO Dimitar Tadarakov announced Bulgaria is to receive EUR 18 M for vineyard restructuring. Photo by Yuliana Nikolova (Sofia Photo Agency)

Bulgaria is to receive about EUR 18 M in 2008 under the EU programme for restructuring and conversion of vineyards, Agriculture Minister Nihat Kabil announced Wednesday.

Until now, there are 65 projects applying for European money but the deadline set on February 19 may be extended in case the fund is not going to be assimilated completely, the minister told reporters after a meeting with State Agriculture Fund CEO Dimitar Tadarakov.

The program of the European Commission was adopted in 1999 and gives the right to EU members to obtain annual payments for restructuring and conversion of a set number of hectares of vineyards

The objective of the system is the adaptation of production to market demands and covers measures such as varietal conversion, relocation of vineyards and improvements to vineyard management techniques.

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