advertisement
Fri, Feb 10 2012
Pre-accession deal signed
FINANCE Minister Milen Velchev and Dimitris Kourkoulas, head of the delegation of the European Commission, have signed memorandums under the ISPA EU pre-accession programme for projects worth a total of 240 million euro.
Six of the financial agreements are in the environment sector and one in transport.
By signing the seven memorandums for a term of three years, the Government guaranteed the use of 75 per cent of the allocation for Bulgaria for the whole duration of the programme from 2000 to 2006, Velchev said after the signing on Tuesday.
According to Kourkoulas, this was a guarantee that the country was and would be capable of using the EU-extended funds.
In his view the financing also had political implications, showing that the Copenhagen decisions were not a mere diplomatic courtesy.
Velchev said the new projects, approved under ISPA, were almost ready to be launched and this would contribute to their timely and efficient implementation and bringing the transport and environment sectors in line with European requirements.
He hoped that upon the accession of the first wave of applicant-countries to the EU, there would be additional funds for Bulgaria.
The Finance Ministry was ready with new projects in the field of transport, and those in the area of the environment were being drafted, he said.
One of the most important conditions of the ISPA programme was to keep the balance between the environment and transport sectors.
Compared to previous years, Bulgaria was close to this balance, with 62 per cent of transport and 38 per cent of environmental projects.
The signed financial memorandums in the environment sector relate to the construction of waste water treatment plants in the Meden Rudnik neighbourhood in Bourgas. The other three projects are also related to the construction of water treatment plants, in Montana, Sevlievo and Popovo.
The financial memorandum signed in the transport section relates to the construction of a section of the Lyulin highway connecting Sofia and Pernik, to assist the development of European transport corridors.
Six of the financial agreements are in the environment sector and one in transport.
By signing the seven memorandums for a term of three years, the Government guaranteed the use of 75 per cent of the allocation for Bulgaria for the whole duration of the programme from 2000 to 2006, Velchev said after the signing on Tuesday.
According to Kourkoulas, this was a guarantee that the country was and would be capable of using the EU-extended funds.
In his view the financing also had political implications, showing that the Copenhagen decisions were not a mere diplomatic courtesy.
Velchev said the new projects, approved under ISPA, were almost ready to be launched and this would contribute to their timely and efficient implementation and bringing the transport and environment sectors in line with European requirements.
He hoped that upon the accession of the first wave of applicant-countries to the EU, there would be additional funds for Bulgaria.
The Finance Ministry was ready with new projects in the field of transport, and those in the area of the environment were being drafted, he said.
One of the most important conditions of the ISPA programme was to keep the balance between the environment and transport sectors.
Compared to previous years, Bulgaria was close to this balance, with 62 per cent of transport and 38 per cent of environmental projects.
The signed financial memorandums in the environment sector relate to the construction of waste water treatment plants in the Meden Rudnik neighbourhood in Bourgas. The other three projects are also related to the construction of water treatment plants, in Montana, Sevlievo and Popovo.
The financial memorandum signed in the transport section relates to the construction of a section of the Lyulin highway connecting Sofia and Pernik, to assist the development of European transport corridors.
-
Print
-
Send via email
- Translate to
-
Share:
To post comments, please, Login or Register.
Please read the The Sofia Echo forum comments policy.
More in this category
Average monthly salary in Bulgaria rose in Q4 2011, statistics institute says
In the fourth quarter of 2011, the average monthly salary increased to 727 leva, 4.9 per cent higher than in Q3, the National Statistics Institute says.
Global food prices rebound, FAO says
For the first time in six months, global food prices rose overall in January 2012, the UN Food and Agricultural Organisation said.
Bulgaria mulls tighter regulation of bank fees - updated
The package will be discussed with the Association of Bulgarian Banks before the amendments are submitted to Parliament.
Bulgarian ICT Watch event in March
Debate at the half-day event will cover what has been achieved so far and what further can be done by the Bulgarian Government to support development of the market.
Movers and shakers
Selectivity, not popularity, is the driving force behind Sofia's most exclusive members' only club.
Appointments
British Council
Lyubov Kostova was appointed country manager of British Council Bulgaria effective January 1, replacing Tony Buckby, who left in October 2011 to take a similar position at British Council Greece. Kostova has been with British Council Bulgaria for 11 years, as public communications manager and, since 2008, as the head of project and partnerships department. Prior to joining the British Council, Kostova was head of international activities at the National Academy for Theatre and Cinema Arts (NATFIZ). She has a degree in Indian studies from Kliment Ohridski Sofia University.
CEZ
Stefan Apostolov is the new chief executive of CEZ Razpredelenie Bulgaria, the power transmission subsidiary of Czech energy company CEZ in the country. He replaces interim chief executive Ales Damm, who remains the chairperson of the CEZ Razpredelenie management board. Apostolov has 30 years of experience in the energy sector, joining CEZ in 2007 as director of customer service and was later appointed as head of business development. Apostolov has a master's degree in electric systems from the Belorussian National Technical University in Minsc, management diplomas from Open University London and New Bulgarian University, as well as a master's degree in business administration from Plovdiv University.
BASF Bulgaria
Valentina Dikanska is the new general manager of chemical industry giant BASF subsidiary in Bulgaria, taking over from Herbert Fisch, BASF vice president for Southeastern Europe. Dikanska, who started her career as an expert in the Finance Ministry, joined BASF Bulgaria as director of finance and administration in 2002. She becomes the first Bulgarian to hold the top management position in the company in its 40-year history on the Bulgarian market. Dikanska holds a master's degree in economics from the University for National and World Economy in Sofia.
Rompetrol Bulgaria
Alexander Albin has been appointed chief executive of fuel distributor Rompetrol Bulgaria, replacing Nichita Sorin, who left to become chief executive of Rompetrol Gaz in Romania. Albin was previously chief executive of Rompetrol Georgia. He has more than 15 years of experience in the oil and gas industry; prior to joining Romania's oil group Rompetrol in 2008 as an adviser, he oversaw operations at Atyrau refinery in Kazakhstan, owned by Rompetrol's parent company KazMunaiGaz. He previously held top management positions at two other leading Kazakh oil and gas companies.
© 2000-2012, Sofia Echo Media Ltd.
Web Design by RIZN
Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted.
Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only
with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site.
Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com.
Sofia Echo Media cannot be held responsible for the statements contained in visitor comments.
The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the
price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes,
and should not be used as a basis for decisions about buying or selling stock options.
- Economedia Group portfolio:
- In Bulgarian:
-
Business:
Капитал,
Кариери,
Пазари,
Ho Re Mag,
Регал,
Градът.bg,
Одит,
Foton.bg,
Online shop
- News: Дневник, Европа, Foreign Policy - България
- IT: IDG.BG, Computerworld, PC World, CIO, Networkworld
- Entertainment: Бакхус
-
In English:
The Sofia Echo