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.
A large-scale information campaign on the introduction of the euro in Bulgaria will begin in March, Minister of Finance Temenuzhka Petkova said at a hearing in parliament. The slogan of the campaign is "Unity is Strength". An..
Currently, there is no legal possibility for Bulgaria to redirect funds from the National Recovery and Resilience Plan to defence and the armed forces. The funds are fully intended for the agreements set out in the plan, Deputy Prime..
Over the past 6 months, Bulgarians' support for the country's membership in the EU has increased - from 57 to 61 percent. Just 15% are against it, according to a representative survey from February conducted by sociological agency..
Citizens who cross at a pedestrian crossing while holding a mobile phone will be fined, according to proposed legislative changes. According to..
It will be sunny on Monday. There will be light to moderate southerly and southwesterly wind and temperatures will continue to go up. The lowest..
An official ceremony and a March of Tolerance named ''We Remember'' took place in Sofia to mark the 82nd anniversary of the rescue of Bulgarian..
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