Bulgaria Could Benefit from EU Funding of 7.6 Billion Euros by 2020 – EU Commissioner
Bulgaria could benefit from EU funding totaling 7.6 billion euros in the 2014-2020 programming period, according to EU Regional Policy Commissioner Corina Cretu.
Speaking Monday in Bulgaria’s Danube city of Ruse, she drew attention to the fact that a total of 250 million euros had been earmarked for cross-border cooperation projects in the 2014-2020 programming period.
Cretu, as cited by the BGNES news agency, suggested that improving navigation conditions along the Danube was one area in which Bulgaria and Romania could cooperate.
On Sunday Cretu met with Bulgaria’s Deputy Prime Minister Tomislav Donchev.
The two attended the official opening of the Tutrakan Boulevard in Ruse, which had been repaired with funding provided under the cross-border cooperation program between Bulgaria and Romania.
Donchev said that by the end of the year Bulgaria had to report to the European Commission that it had paid 2 billion euros to beneficiaries under EU projects.