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.
President Rumen Radev spoke with Ombudsman Diana Kovacheva as part of the consultations on a caretaker prime minister. After the meeting with the head of state, Ms. Kovacheva told the media that she could not take up the post because she had been..
After a meeting with President Rumen Radev, Bulgarian National Bank (BNB) Deputy Governor Petar Chobanov said that the consultations with the head of state and the potential candidates for caretaker prime minister were at a stage where there was no..
The United States has congratulated seven Eastern European countries, including Bulgaria, on the 20th anniversary of their accession to NATO . A statement by Secretary of State Anthony Blinken said: "Twenty years ago, as you became Allies, we were..
The government has designated three Bulgarian carriers to operate international flights between Bulgaria and China. Compass Cargo Airlines will..
On Thursday, minimum temperatures in Bulgaria will be between 7 and 12°C, 8°C in Sofia. Around midday, there will be variable cloudiness with sunny..
There Is Such a People (ITN) thanked President Rumen Radev for placing his trust in them, and handed the third and last mandate for forming a..
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