Text size

MEP: It is a myth that European funding for Bulgaria will be reduced

published on 12/10/20 5:31 PM

MEP Andrey Novakov

Photo: andreynovakov.eu

For the next programming period, Bulgaria will have access to more funds than it currently has. "It is a myth that European funding for Bulgaria will be reduced," Bulgaria's MEP Andrey Novakov (EPP) said during an online forum on "The EU budget for the next 7 years - myths and reality", organized by the European Parliament's Bureau in Bulgaria. According to him, another myth is that Bulgaria is not ready to manage these EU funds, BTA reported.

"Currently, Bulgaria's contribution to the European budget is about half a billion euros a year, and we receive an average of over two. This means that we receive from the EU almost four times more than we import," Novakov said earlier today in an interview with BNR.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Andrey Novakov European Parliament funding MEP

More from category

Bulgaria’s Anti-Corruption Commission probes 'Velichie' party in major property fraud case

Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..

published on 11/26/25 2:30 PM

Borissov cites EU defence adjustment to claim a 2026 deficit of 2.7%

The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..

published on 11/26/25 2:15 PM

Agriculture and forestry workers protest for higher salaries

Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..

published on 11/26/25 12:34 PM