Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Cohesion policy procedures must be simplified: Commissioner Corina Cretu

Photo: BGNES

The cohesion policy procedures must be simplified, European Commissioner for Regional Policy Corina Cretu commented during the 7th European Evaluation Conference entitled The Result Orientation: Cohesion Policy at Work, held in Bulgaria's capital Sofia. When I became EU Commissioner for Regional Policy the absorption of EU funds in Bulgaria was 60%, as in Romania. Now Bulgaria absorbs 95% of the EU money, Commissioner Cretu underlined. In 2015 some 2,000 small companies in Bulgaria were supported directly through cohesion funds and in 2014 a total of 19,000 new jobs were created due to those funds.  Commissioner Cretu said that between 2007 and 2013 over EUR 300 billion was allotted to the EU through cohesion policies and that most of this money was directed to less-developed states, especially to those which joined the union after 2004.




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

Strong wind warning for 18 regions of Bulgaria on Tuesday

A yellow code for strong wind has been issued for 18 regions of Bulgaria on  Tuesday . The minimum temperatures will be 4 to 9°C, around 4°C in Sofia.   It will be sunny over most of the country before noon.  Cloudiness will increase in the..

published on 3/10/25 7:15 PM
Foreign Minister Georg Georgiev.

Bulgaria supports Trump administration's commitment to stop war against Ukraine, says foreign minister

In an interview with BBC, Foreign Minister Georg Georgiev says that Sofia welcomes the commitment of President Trump's administration to stop the war of aggression against Ukraine in order to achieve a lasting and sustainable peace. "What is important,..

published on 3/10/25 5:52 PM

The football club “Botev Plovdiv” celebrates 113 years with a charity ball

“Botev Plovdiv” football club is organizing a charity ball today, at which it will celebrate the 113th anniversary of the founding of the professional football club. The funds raised will support two campaigns – for the construction of a monument to..

published on 3/10/25 4:23 PM