Bulgaria to get EUR 127m financial aid from Norway

Bulgaria to get EUR 127m financial aid from Norway

Bulgaria will receive some EUR 127 million under the European Economic Area (EEA) financial mechanism and the Norwegian co-operation programme by 2014, the government said in a statement.

Currently, Bulgaria is selecting the sectors which will receive funding and is also considering ways for the projects' implementation, Bulgaria's minister in charge of EU fund absorption, Tomislav Donchev, said.

Between 2007 and 2009, Bulgaria was granted EUR 41.5 million under the two mechanisms, channelling the funds into 64 projects focused on environment, human resources, health and child care and protection of the European cultural heritage.

"Norway is not a member of the European Union, but it closely co-operates with the European Commission and the EEA mechanism in pursuing the common objective of reducing social and economic inequalities in Europe," Norway's ambassador in Sofia, Tove Skarstein, said. /Source Dnevnik/

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