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 day before the third motion of no confidence in Prime Minister Rosen Zhelyazkov’s cabinet was due to be voted on, the Velichie party submitted a fourth motion. Today, the National Assembly debated the no-confidence vote proposed by..
Fewer and fewer Bulgarians living abroad send their children to Sunday schools where Bulgarian language and culture are taught, said Veneta Nenkova, founder of the Bulgarian school ''Asen and Iliya Peykovi'' in Rome, in an interview with the BNR’s..
Bulgarian MPs are discussing a third vote of no confidence in the government of Rosen Zhelyazkov, BTA reports. According to the initiators from Vazrazhdane, the cabinet has failed in its financial policy. “The cabinet is..
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..
''The potential negative effect for Bulgaria from a possible introduction by the U.S. of a 25% tariff on EU goods would amount to USD 678 million..
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..
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