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Supreme Prosecutor’s Office of Cassation checks Deputy Minister for misuse of EU funds

Bulgaria’s Supreme Prosecutor’s Office of Cassation is investigating this country’s Deputy Minister of Economy Alexander Manolev for misuse of EU funds. According to media publications, Manolev built a private luxurious villa with financing provided..

17.04.19 13:40 |

European Parliament supports increase of EU funds for Bulgaria

The European Parliament voted in favor of an increase in the EU funds for Bulgaria. The MEPs approved new financial rules for the 2021-2027 period . Thus, Bulgaria is expected to receive nearly EUR 9 billion in the next programming period, or EUR 1.5..

13.02.19 17:32 |
EU Commissioner for Regional Policy Corina Cretu

EC: Sofia should redirect EU funds to its poorest regions

The European Commission has advised Bulgaria to redirect the remaining EU funds for education and administrative reforms to its poorest regions. The report was prepared under the guidance of EU Commissioner for Regional Policy Corina Cretu and..

11.04.17 16:54 |
Joseph Daul

Joseph Daul refutes statements of Bulgarian Socialist Party that EU is to suspend funds to Bulgaria

The President of the European People’s Party Joseph Daul believes that the information in the Bulgarian social media has been manipulated by Russia and Saudi Arabia. He refuted the statements of the Bulgarian Socialist Party that the EU is to suspend..

24.01.17 16:34 |

Cohesion policy procedures must be simplified: Commissioner Corina Cretu

The c ohesion policy procedures must be simplified, European Commissioner for Regional Policy Corina Cretu commented during the 7 th European Evaluation Conference entitled The Result Orientation: Cohesion Policy at Work, held in Bulgaria's..

16.06.16 16:38 |

Bulgaria’s GDP growth to slow down in 2016: Bulgarian Academy of Sciences

A report of the Bulgarian Academy of Sciences presented on Monday in Sofia forecasts that Bulgaria’s economy would slow down in 2016. The scientists expect that the growth of the gross domestic product of that country would be 1% lower as compared to..

30.05.16 14:31 |

Bulgaria has absorbed 4.55 percent of "new" EU funds

Since the start of the new programming period of European funding – (2014-2020), Bulgaria has managed to absorb almost 750 million euros, which equals 4.55 percent of the total budget. The total budget for the period, which is allowed to be absorbed..

04.05.16 15:51 |
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