Bulgaria hopes to negotiate more EU funds for 2014-2020.

By bne IntelliNews November 26, 2012
Bulgarian government expects to receive more funds in the next programming period from 2014 to 2020, despite pressures for decrease in the budget framework. While initially the government expected to receive around BGN 3bn more from what it had agreed in the previous period, the bar has been lowered now and the hopes are for an additional BGN 1bn, Capital Daily comments. At the EU members summit last week, Bulgarian government insisted on increasing or in worst case scenario keeping the same amount of cohesion funds, subsidies for agricultural producers and funds for ceased units of Kozloduy NPP. Bulgaria stands a good chance to negotiate a higher amount, as it is among the most financially disciplined countries in the EU, PM Borisov said. According to latest budget proposal, the funds a country may receive cannot exceed 2.4% of its GDP. Bulgaria is against this ceiling and claims a 2.7% of GDP cap. Funds that Bulgaria received from the EU are invested only in programmes that are beneficial for the whole of Europe: the five main transport corridors, the railway lines, ecology, the competitiveness programmes, and agriculture, Borisov said. "I think that we will negotiate more resources for Bulgaria," Borisov concluded, as quoted by BTA.

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