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The money will be given to the banks in order to relief the beneficiaries when applying for credit loans, Simeonov explained. Photo by BGNES
The Bulgarian Agriculture Fund will ask the Finance Ministry for additional BGN 100 M in the 2010 budget
The extra money will be used for the Program for Rural Development, the Deputy Director of the Fund, Svetoslav Simeonov said Saturday.
The money will be given to the banks in order to relief the beneficiaries when applying for credit loans, Simeonov explained.
This measure is medial, and will last until the a guarantee fund for low interest credit loans is created.
In Simeonov's words, more and more beneficiaries who apply under measure 121 for modernization of farms abandon some of the investments. The farmers have a lot of difficulties finding additional money for funding the activities under that measure. 20-30 beneficiaries quit every week.
The specialized prosecutor's office has initiated pre-trial proceedings for illegal receipt of funds from European Union mainly under measures administered by the State Fund "Agriculture".
Agricultural Minister Rumen Porozhanov is ready to resign, reported BTA.
The village of Hitrino has received EUR 10 M from the European Commission for quick repairs of damages inflicted to the local infrastructure after the blast, reported BNR.
Bulgaria’s State Agency for National Security (DANS) and the specialized prosecutor’s office conducted an inspection at the State Fund Agriculture on Wednesday.
The Association of Bulgarian Villages reported a considerable increase in the interest towards rural tourism.
European Commissioner for Agriculture and Rural Development Phil Hogan will pay a visit to Bulgaria on Friday at the invitation of Agriculture Minister Desislava Taneva.
GERB leader Boyko Borissov reacted to the fall of the Zhelyazkov government during a live broadcast on his official Facebook page, following the mass protests across the country.
The government is making a second clumsy attempt to introduce the state budget.
People with disabilities in Bulgaria face the most severe difficulties in the entire European Union, alongside Greece
The current patient fee for a medical consultation has lost its purpose and no longer serves its intended functions, according to Bulgarian Medical Association (BMA) chairman Dr.
Brussels has unofficially warned Bulgaria’s Finance Minister Temenuzhka Petkova that the country’s euro adoption process could be suspended, according to BGNES, citing Nova TV.
"Everyone wants positions – in regulatory bodies and ministries," he emphasized.
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