European Structural and Investment Funds in Bulgaria

“I do not think that the funds from the EU – the cohesion funds, the agricultural funds, and the funds for innovations and others – are at risk”

Bulgarian political parties are showing an uncharacteristic interest in green policies ahead of elections on April 4, not least because the country is one of the largest per capita beneficiaries of EU funds and is now required to invest in climate and environmental issues.

Northwestern Bulgaria is among the 10 most uncompetitive regions in the EU. This conclusion is not new, but it is now confirmed by a study by the European Commission, which answers the question which areas of the Old Continent are most attractive to businesses and citizens.

The Romanian presidency of the Council of the European Union wants to reach a partial agreement in the Council on the legislative package regarding the cohesion policy, Minister of European Funds Rovana Plumb stated on Thursday.

A total of 46.6 million euros from the European Regional Development Fund (ERDF) will be invested in modernising the tram infrastructure and services in the Bulgarian capital.