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.
A new lane for heavy trucks over 12 tons will be opened at the Danube Bridge in Ruse, announced Ruse Regional Governor Dragomir Draganov. The initiative comes from the National Customs Agency, which collects the toll for crossing the facility,..
''The negative impact on Bulgaria from a possible introduction by the U.S. of a 25% tariff on EU goods would amount to USD 678 million . This would mean a 0.49% annual decrease in the country’s total exports compared to the levels without..
Gorna Oryahovitsa is the largest non-district town in Northern Bulgaria. It is located near Bulgaria’s old capital, Veliko Tarnovo, and is an important railway junction. To mark the 155th anniversary of its declaration as a town, the local History..
A new lane for heavy trucks over 12 tons will be opened at the Danube Bridge in Ruse, announced Ruse Regional Governor Dragomir Draganov. The initiative..
On July 7, the Bulgarian National Bank (BNB) puts into circulation a silver commemorative coin titled "175 Years Since the Birth of Ivan Vazov", BNB..
Gorna Oryahovitsa is the largest non-district town in Northern Bulgaria. It is located near Bulgaria’s old capital, Veliko Tarnovo, and is an important..
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