Almost 40 % of EU Funding for Bulgaria Until 2022 Are Negotiated

Business » FINANCE | March 6, 2017, Monday // 12:06
Bulgaria: Almost 40 % of EU Funding for Bulgaria Until 2022 Are Negotiated File photo: EPA/BGNES

Bulgaria has negotiated 38,44% of the European funding until 2022, according to information regarding the implementation of the EU funded operational programs, cited by BGNES.

More than half of the OP Regions in Growth has already been negotiated, as has around 45% of the financing for OP Transport and OP Human Resources Development.

There is a considerable delay in the operational programs Environment, Science and Education for Intelligent Growth, as well as Good Governance where no more than 20% of the EU financing has been negotiated.

Compared to the other European countries, Bulgaria ranks average. Portugal, Sweden, Estonia, Finland are ahead Bulgaria, and countries like Belgium and Hungary, have negotiated over 50% of the EU funding for the programing period.

By the beginning of March 2017, Brussels had transferred BGN 1.4B to Bulgaria or around 9.3% of the EU financing for the programing period. Beneficiaries have been paid a little over 8% of BGN 1.424B, including national co-financing.

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Tags: EU, EU funding
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