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

With the 11 billion euros approved by the EC, Bulgaria will achieve a middle European standard

Photo: Archive

Bulgaria's outgoing Deputy Prime Minister for European Funds and Minister of Finance Assen Vassilev welcomed today's decision of the European Commission, with which it approved financing for Bulgaria worth 11 billion euros. 

Nearly 50% of these funds will be invested in the most economically backward regions of Northern Bulgaria. Funds will also be allocated in the form of co-financing for the construction of the Shipka tunnel - the first tunnel that will pass under the Stara Planina Mountain Range (Balkan Range). 

According to Vassilev, with the provided funds Bulgaria will achieve a middle European standard of living.

EU funds are in line with the cohesion policy and aim to promote economic, social and territorial cohesion in the Bulgarian regions.



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

Rain in the east on Saturday, sunshine on Sunday

On Saturday, lows will be between 12 and 17°C, 12°C in Sofia. Before noon it will be cloudy in eastern Bulgaria, with showers in places, but by the end of the day the precipitation will stop. The rest of the country will be free of rain, with clouds..

published on 10/11/24 7:05 PM

Minister of e-Government: There are no vulnerabilities in the software of the voting machines

The certification of the voting machines for the early parliamentary elections in Bulgaria on October 27 has been completed. The final step involved the trusted build of the software for the voting machines and the generation of a hash code. This..

updated on 10/11/24 6:14 PM

Bulgarian Tsvetan Ivanov wins the "Best Sandwich" award at the European Street Food Awards Finale in Germany

27-year-old Tsvetan Ivanov-Choni, winner of the European Street Food Awards Bulgaria competition, won the "Best Sandwich" award at the European Street Food Awards Finale in Saarbrücken, Germany, in competition with participants from 17..

published on 10/11/24 5:44 PM