Structural Funds and Cohesion Fund

“I do not think that the funds from the EU – the cohesion funds, the agricultural funds, and the funds for innovations and others – are at risk”

The European Parliament has approved the creation of a Just Transition Fund to compensate for action to achieve climate neutrality in the EU economy by 2050.

This is the first proposal to implement the European Green Pact, was adopted by 615 votes to 35, with 46 abstentions.

What is Just Transition Fund?

At the last plenary session, Deputy Prime Minister Tomislav Donchev will inform parliament of Bulgaria's preparedness to present to the EC the final version of the national recovery and sustainability plan. The National Assembly goes on recess as of the next week as election campaign starts at full steam.

The European Commission has approved an amendment to the Bulgarian Innovation and Competitiveness operational program, allowing the mobilization of EUR 511 million from the European Regional Development Fund and the Cohesion Fund to help the Bulgarian economy cope with the adverse effects of the Coronavirus crisis.

It is the wont of presidents of the European Council to lock the doors when things get tough.

Following the footsteps of his predecessor European Council President Charles Michel warned last week that European leaders who are today attending an extraordinary summit will not leave Brussels until they have reached agreement on the EU's 2021-2027 multiannual financial framework.

"We do not accept the proposals of the Finnish presidency regarding the EU budget," media quoted Polish Prime Minister Mateusz Morawiecki as saying in Brussels in mid-October.

"There are no grounds for compromise."

Northwestern Bulgaria is among the 10 most uncompetitive regions in the EU. This conclusion is not new, but it is now confirmed by a study by the European Commission, which answers the question which areas of the Old Continent are most attractive to businesses and citizens.

A decision on the EU budget will hopefully be made in October, and for this reason today's meeting is extremely important to reaffirm the wish of ministers responsible for implementing European funds to urgently reach an agreement on the budget, Minister of European Funds Rovana Plumb told a Friday's press conference occasioned by the informal meeting of the ministers managing the European fund

The Romanian presidency of the Council of the European Union wants to reach a partial agreement in the Council on the legislative package regarding the cohesion policy, Minister of European Funds Rovana Plumb stated on Thursday.

Sofia. The Road Infrastructure Agency announced the signing of the engineering and construction contract for 1.4 km of Struma motorway after the tunnel of Zheleznitsa in the direction of Krupnik. The contract is worth BGN 22.1 million. PST Group has 120 days to draft the project and 480 days for construction.