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

Weather forecast: A warm and sunny Sunday

On Sunday the weather will be predominantly sunny, with cumulus clouds forming in the East in the afternoon though there is a slim chance of rain. There will be a light to moderate wind from the East-Northeast. Minimum temperatures 5-10° C., for..

published on 4/27/24 6:00 PM

Unfair practices checks in organized tourist travel

As the active season is set to begin, the Ministry of Tourism started checks into unfair practices in organized tourist travel. Two of the tour operators checked so far have not provided a certificate for carrying our tour operator activity and..

published on 4/27/24 2:48 PM

Unexploded ordnance, found in a Sofia neighbourhood, has been destroyed

Ground forces military personnel destroyed an unexploded ordnance found yesterday in Vazrazhdane residential area of Sofia, the press service of the Ministry of Defence has announced. The ordnance was a corroded air bomb. The bomb was destroyed..

published on 4/27/24 10:56 AM