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.
Polish President Andrzej Duda, on an official visit to Bulgaria, discussed with Bulgarian President Rumen Radev Warsaw’s proposal that NATO member states allocate 3% of their gross domestic product to defence spending . He described the target as..
Oil products of unknown composition and origin have once again washed up on a large stretch of the Pomorie coastline, in what appears to be a more serious incident than the one reported two days ago, BNR correspondent Daniela Kostadinova reports from..
The planned liberalisation of the electricity market for household consumers on 1 July this year will not take place, MPs decided at the first reading of amendments to the Energy Act. Before the final adoption of the texts, a working group will..
Prime Minister Rosen Zhelyazkov has highlighted the stability of public finances as a key element on the country's path to Eurozone membership. Speaking..
In an address to the Bulgarian citizens, the Bulgarian head of state Rumen Radev has announced that he is submitting a proposal to the National Assembly..
Friday will be mostly sunny but windy. Cloud cover will increase from the south-west in the afternoon, with rain spreading across most of the country..
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