KEYWORDS TODAY:   UKRAINEKTBGASFDIPOWER PRICE

Bulgaria's Film Industry Demands BGN 6.2 M Budget Increase

Society » CULTURE | March 17, 2014, Monday // 19:43| Views: 1967 | Comments: 0
  • Send to Kindle
Bulgaria: Bulgaria's Film Industry Demands BGN 6.2 M Budget Increase Photo by vesti.bg

Bulgaria's film community has issued a declaration calling for an immediate increase by BGN 6 220 000 of the state aid for the film industry.

According to local filmmakers, the increase in the budget for the sector will make it possible for Bulgarian cinema to achieve sustainable development and to contribute to the country's economic growth.

In an open letter to Bulgarian ministers, the leaders of the Bulgarian Socialist Party (BSP), the liberal party Movement for Rights and Freedoms (DPS), and center-right party GERB (Citizens for European Development of Bulgaria), filmmakers say that the money stipulated in the budget do not match the state aid scheme notified by the European Commission, according to reports of Darik radio.

The Bulgarian film community notes that the sector multiplies the public funding it has been given, boosts employment and encourages an increase in added value of the GDP.

Bulgarian film industry representatives argue that the countries relying on sustainable economic growth make long-term investments in sectors which can generate added value for the economy.

Culture » Be a reporter: Write and send your article
Tags: film industry, state budget, state aid, European Commission
Expats.bg All Are Welcome! Join Now!

Leave a comment


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