Bulgaria to Press for More EU Funds in Budget Bargaining
As EU member states and institution are coming at loggerheads over the 2014-20 EU budget framework, Bulgaria is expected to ask for more EU funds at its disposal for the period.
EU leaders are meeting in Brussels Thursday for what is bound to be a very difficult European Council.
Large net EU donors like Germany and eurosceptic countries like the UK are asking for a decrease of the EU's 7 year budget framework.
The European Commission, European Parliament and member states like Bulgaria have on the other hand argued for a budget increase.
They have asked for keeping the EC's initial EUR 1.033 T framework that some member states want to see significantly reduced.
Bulgaria in particular will argue for an increase of cohesion funds and agricultural subsidies.
Bulgarian PM Boyko Borisov has already stated that he will request about EUR 0.6 B more for cohesion.
If EU leaders do not manage to agree on a 7 year budget framework, the EU's budgets will have to be negotiated year for year.
- » Serbian Minister Criticizes Bulgaria for Sending Troops to Macedonian Border
- » Bulgaria Detains 310 Illegal Migrants at Borders Aug 13-20
- » Bulgaria Needs Effort to Incite Investment - Commissioner Georgieva
- » Bulgaria, Macedonia to Benefit from EUR 17 M in EU Funds under Cross-Border Program
- » 'Anti-Begging' Campaign in Sweden Sparks Outrage
- » Bulgarian Beekeepers to Receive BGN 3.5 M in Aid under "de minimis"