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.
The Bulgarian Development Bank (BDB) is starting "unlimited" financing for the country's defense industry. According to caretaker Minister of Innovation and Growth Rosen Karadimov, the military-industrial complex is a strategic sector for Bulgaria,..
Since the beginning of the month, there have been almost 200 fire accidents a day, said Chief Commissioner Aleksandar Dzhartov, director of the Fire Safety and Civil Protection Directorate. The main reason for the increase in the number of incidents..
Bulgaria has been allocated 48.6 million euro for culture under the Recovery and Resilience Plan (RRP) , interim Culture Minister Nayden Todorov said. The ministry has to revise the first two of six programmes in the sector to receive the first..
Bulgarian Minister of Agriculture and Food, Georgi Tahov, participates today in a meeting of the EU Agriculture and Fisheries Council,..
Evelin Banev-Brendo, declared an international wanted man, surrendered to the police this morning, the Ministry of the Interior..
On Tuesday it will be mostly sunny before noon, with light to moderate east-northeasterly winds in the afternoon. Maximum temperatures will be between..
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