Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Young farmers protest against lack of finance for their projects

Photo: BGNES

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.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

President Rumen Radev (R) hands ITN the third cabinet-forming mandate

President Radev hands ITN the third cabinet-forming mandate, they hand it back to him unfulfilled

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 cabinet back to him unfulfilled. Nikolay Denkov, PP-DB: It is up to the Bulgarian citizens to..

published on 3/28/24 11:32 AM

Cardiovascular deaths in Bulgaria highest in the EU

Every year there are more than 6 million new cases and more than 1.8 million deaths connected with cardiovascular diseases, the Bulgarian news agency BTA reports, citing outgoing Deputy Prime Minister and Minister of Foreign Affairs Mariya Gabriel...

published on 3/28/24 11:08 AM

Separate collection of waste in Bulgaria is not up to par yet

In connection with the forthcoming adoption of the regulation on  packaging and packaging waste, the branch Association Polymers is organizing a discussion on the role of recycling. The quality collection and recycling of waste is the principal way..

published on 3/28/24 10:38 AM