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Sofia absorbs almost one third of EU funds for the country

Bulgaria has used over 7 billion euros from the EU budget. T his has been the total amount of money under the various EU funds since Bulgaria joined the community. Dobrich, Svilengrad, Kostinbrod, Primorsko, Byala and Sozopol..

30.07.21 12:37 |

Bulgarian Industrial Association disapprove of decision for money transfer to Fund of Funds

The government's decision to transfer 50 million euros of grants from the European Commission aimed at the Bulgarian economy to the Fund of Funds, has not received approval from BIA. In the fund, this money will be distributed as loans with..

04.07.21 11:46 |

Minister of Culture reports about abuses with funds

At a press conference the caretaker Minister of Culture Prof. Velislav Minekov said that he would send a signal to the Bulgarian and European prosecutors over the renovation of the Largo in Sofia, the construction of Square 500 Gallery and the..

08.06.21 12:14 |

There is not enough money for Covid-19 patients, a hospital director says

The clinical pathway for Covid-19 is not sufficiently funded, Dr. Hristo Mazneykov, manager of the private hospital "St. Sofia", has told BNR. According to him, a patient costs about 700 euros, while allocated funds per patient are about 600 EUR. The..

15.11.20 11:04 |

EU funds have made GDP rise by 7.7%

EU funds have led to an increase in wages by 8.2% for the period 2014 to mid-2020 . For the same period, the country's GDP grew by 7.7% compared to the baseline scenario without EU funds, according to an analysis by the Ministry of Finance on the..

24.09.20 18:39 |

EC approves redirection of EU funds to combat Covid-19 in Bulgaria

The European Commission has approved redirection of more than 20 million euros of cohesion policy funds to help Bulgaria's health-care system and support its response to Covid-19. The money will be used to buy 377 respirators, over 2 million masks and..

25.06.20 14:55 |

Sofia will seek spending European funds for 2021 in advance

Deputy Prime Minister Tomislav Donchev, in charge of EU funds and economic policy, said the government has a proposal for allowing spending of money from the next EU programming period. With the aim for easier exit of the crisis, the Cabinet has..

24.04.20 12:57 |

Bulgarian businessman remains in custody over EU funds misappropriation

The specialized court has decided to leave businessman Minyu Staykov, owner of a large alcohol business, in the arrest. He has been accused of having run and participated in an organized criminal group of eight people producing cigarettes without..

07.05.19 19:11 |
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