Bulgaria, the poorest EU member state, is said to feel cheated as the EU institutions are about to seal a new policy allowing six other member states, which are struggling financially, to be able to co-fund projects with much less money. “Countries which maintain a strict financial discipline should not be punished and those that [...]
Bulgaria is a responsible manager of funds from the common EU budget and is in a good position to prove that to the EU, stated Bulgarian Minister of EU Funds Tomoslav Dochev. “Bulgaria is showing it can and it knows what it’s doing. Our country is in a better position than ever,” said Donchev in [...]
Norway, Iceland, and Liechtenstein are granting Bulgaria funding amounting to EUR 126.6 M under Bulgaria-Norway and European Economic Area (EEA) mechanisms. Norway’s Ambassador to Bulgaria Tove Skarstein and Bulgaria’s EU Funds Minister Tomislav Donchev signed two memorandums for the grants on Friday in Sofia in the presence of Prime Minister Boyko Borisov. The grants come [...]
Bulgaria has boosted EU funds absorption to 13% from the 0.98% during the previous government, EU Funds Minister Tomislav Donchev announced. In a Friday interview for the morning broadcast of Bulgarian National Television (BNT), Donchev specified that the audit report of KPMG confirmed the data he had been given. The KPMG report, which was released [...]
Bulgaria’s government is certain to set up a state-owned mega-company to be in charge of large-scale infrastructure projects, a somewhat controversial brainchild of Regional Development Minister Rosen Plevneliev. The new infrastructure company will be called State Company “Strategic Infrastructure Projects”. It is to be established as on Thursday, the Bulgarian Parliament adopted amendments to the [...]
More than 3 100 km of Bulgarian roads, most of which have not been touched in 30-40 years, will be repaired under 76 projects of the Road Agency, Regional Development Minister Rosen Plevneliev announced. Plevneliev, who is the Bulgarian official with the highest public support, spoke Monday on the rehabilitation of the first-, second-, and [...]
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