Bulgaria, Switzerland Sign Agreement on Project Preparation Fund

Bulgaria, Switzerland Sign Agreement on Project Preparation Fund

Bulgarian EU Funds Management Minister Tomislav Donchev and Ambassador Beatrice Maser Mallor, Head of the Economic Development and Cooperation Division at the Swiss Federal Department of Economic Affairs, signed an Agreement on the Project Preparation Fund, the Government Information Service said in a press release Tuesday.

This is the first bilateral agreement implementing the Swiss-Bulgarian Cooperation Programme, by which Switzerland grants Bulgaria a non-reimbursable contribution of 76 million Swiss francs, or 105,848,240 leva, for a disbursement period of up to ten years. / Source: BTA/

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