Over two thousand projects prepared by young Bulgarian farmers will not receive financing under the EU Rural Development Operational Programme and those who took bank loans to finance the projects are to face bankruptcy, announced the informal Bulgarian organization entitled Cause Young Farmer. For over one year now young Bulgarian farmers have been hoping that their projects would be approved under Measure 112 -Setting Up Young Farmers in Europe. The farmers prepared over 2,700 projects and most of them took bank loans in order to finance them, as the former Bulgarian government promised to provide access to Measure 112. Now it turns out that most young Bulgarians do not have money to pay back their bank loans. The measure is to come into effect in January next year and its budget is still unclear. Thus, some 2,100 projects will fail and their authors would not be able to apply for money under this program anymore.
Bulgaria and the European Bank for Reconstruction and Development, EBRD, are continuing their active cooperation in developing infrastructure projects in the Balkans. This was the highlight in the talks between PM Boyko Borissov and EBRD President..
Representatives of the government and of the opposition in parliament adopted a common position on migration, Focus news agency reports. By force of this decision, adopted unanimously, the MPs obligate the Council of Ministers not to sign..
For the first six months of 2018 Bulgaria’s customs report a 5.8 percent growth in revenues on the same period of 2017. Growth is seen in all kinds of tax revenues. For the first time revenues from VAT on imports have exceeded the psychological..