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Bulgaria Negotiates Half of EU Funds till 2014

Date: 15.08.2011

"Half of the EU finds provided for Bulgaria till 2014 have been sealed with contracts," Bulgaria's Minister for EU Funds Management Tomislav Donchev stated in Brussels, the Bulgarian National Radio (BNR) reported.

"We have signed contracts for over 48 % of the whole sum provided for the seven operational programs. Bulgaria has managed to absorb 13.5 %, which makes 2.1 billion levs. We plan to absorb at least 20 % of the funds till the end of 2011," Minister Donchev also stated.

Minister Donchev has negotiated with representatives of the EC that the Bulgarian State Agency for Child's Protection be supported with EU funds.

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