Bulgaria Lags in Absorbing EU Funds, Risking Losses and Growing Debt
Bulgaria is falling behind in its utilization of European Union funds
Amidst escalating tensions, Bulgaria and the United Kingdom have reaffirmed their steadfast support for Ukraine, denouncing Russia's aggression and pledging continued assistance to the embattled nation. The declaration came during a high-profile visit by British Foreign Minister David Cameron to Sofia, where discussions centered on bolstering aid to Ukraine and tackling the pressing issue of illegal migration.
At a meeting held in the Council of Ministers, Cameron emphasized Bulgaria's pivotal role as a crucial NATO ally and an essential economic partner for Britain. Stressing the paramount importance of backing Ukraine in its struggle against Russia's illegal incursion, Cameron underscored the significance of global and European security, urging a united front against Putin's aggression.
Prime Minister Nikolai Denkov echoed Cameron's sentiments, asserting that the outcome of the conflict in Ukraine would shape the trajectory of Europe for years to come. Emphasizing the collective responsibility to prevent Russia from emerging victorious, Denkov emphasized the existential stakes of the conflict, transcending national interests and impacting the broader geopolitical landscape.
Amidst accolades for Bulgaria's economic achievements and commendation for its efforts in energy diversification away from Russian dependency, the solidarity between the two nations was palpable. Deputy Prime Minister and Foreign Minister Mariya Gabriel hailed the strategic partnership between Bulgaria and the UK, reaffirming their shared commitment to supporting Ukraine in its time of need.
Gabriel emphasized the imperative of sustaining and ensuring predictability in aid to Ukraine, underscoring the gravity of the situation and the enduring nature of their support. Expressing gratitude for Britain's backing of Bulgaria's bid for membership in the Organization for Economic Cooperation and Development, Gabriel highlighted the depth of collaboration between the two nations on various fronts.
In a joint appeal from Sofia, the foreign ministers of Bulgaria and Great Britain urged the United States Congress to approve a crucial financial aid package for Ukraine, signaling a concerted international effort to bolster Ukraine's resilience in the face of adversity.
The U.S. Trade and Development Agency (USTDA) has deepened its collaboration with Bulgaria through a series of agreements aimed at advancing the country's infrastructure, energy, and cybersecurity capabilities
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