The cohesion policy procedures must be simplified, European Commissioner for Regional Policy Corina Cretu commented during the 7th European Evaluation Conference entitled The Result Orientation: Cohesion Policy at Work, held in Bulgaria's capital Sofia. When I became EU Commissioner for Regional Policy the absorption of EU funds in Bulgaria was 60%, as in Romania. Now Bulgaria absorbs 95% of the EU money, Commissioner Cretu underlined. In 2015 some 2,000 small companies in Bulgaria were supported directly through cohesion funds and in 2014 a total of 19,000 new jobs were created due to those funds. Commissioner Cretu said that between 2007 and 2013 over EUR 300 billion was allotted to the EU through cohesion policies and that most of this money was directed to less-developed states, especially to those which joined the union after 2004.
The third vote of no confidence against the cabinet of Rosen Zhelyazkov has also proved unsuccessful. 130 of the MPs present from GERB - SDS, BSP - United Left, ITN and "DPS - New Beginning" voted against the proposal. 54 MPs from..
Foreign Minister Georg Georgiev has met with ambassadors and diplomats from EU Member States, the US, Canada, the UK and Switzerland in Bulgaria. The diplomats were briefed in detail on the increasing trends of institutional..
A concession will be granted for the Port of Varna, which is an opportunity for investments worth hundreds of millions, Deputy Prime Minister Grozdan Karadzhov told the Parliamentary Committee on Transport and Communications, as quoted by..
The Sultanate of Oman's Minister of Foreign Affairs, Sayyid Badr bin Hamad Al Busaidi, will visit Bulgaria from 2 to 4 July 2025 at the invitation of his..
The European Commission has announced that the EU will invest nearly €37.5 million in the construction and modernisation of six parking areas with a..
The plenary debate on the third motion of no confidence against Rosen Zhelyazkov's government, proposed by the Revival party, has concluded . According to..
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