Sat, Jul 04 2009

200 million to be spent on regional development

Fri, Sep 05 2008 15:22 CET byElitsa Grancharova 163 Views

By the end of 2008 contracts for 200 million euro will have been concluded under the European Union (EU) operational programme Regional Development, Deputy Minister of Regional Development and Public Works Iskra Mihailova said during a meeting in Rousse on September 4.

After concluding the contracts, Bulgaria would fulfil its financial engagements for the second year of EU membership within this programme, she said, quoted in Bulgarian-language daily Dnevnik.

The work, under the EU Regional Development operational programme, started on November 14 2007. To date, municipalities from all Bulgarian regions have signed contracts amounting to 175 million leva.

In the Danube River region alone, agreements amounting to 59 million leva were concluded with the municipalities of Vidin, Vratsa, Rousse, Silistra, Glavnitsa, Berkovitsa, Nikopol Kozlodui, Slivo Pole and others, Mihailova said. The money is for repairing municipal road infrastructure, kindergartens and schools as well as cultural and social infrastructure.

Write comment

Name: Comment:
Send your comment
Road section reconstruction financed by EU funds begins today

The 4.27 million leva reconstructions aim to reduce traffic accidents and improve access to Pernik's distant boroughs

More regional development aid to boost energy efficiency in urban construction

The scheme will apply to public and administrative buildings, offices, residential constructions, apartments and single family houses. Additionally, funds are allocated for the renovation and reconstruction of universities across Bulgaria.

More in this category

Cosmote Romania buys rival operator for 3G licence

Mobile operator Cosmote Romania agreed the acquisition of smaller local rival Zapp Mobile for 207 million euro on June 30, after months of negotiations.

Nabucco deal to be signed July 13

The intergovernmental agreement for the Nabucco natural gas pipeline will be signed in Ankara on July 13, it emerged on July 3.

Harnessing the wind

Bulgaria has low taxes, low labour costs and a lot of wind – a good combination for any company seeking to develop wind parks.

Creating a future in IT

On June 5 2009, US ambassador Nancy McEldowney launched the first US-Bulgarian partnership dedicated to Information Technology and Innovation.

In neutral gear

Bulgarian car parts manufacturers have been affected by the recession, but are optimistic about their future.

© 2000-2009, Sofia Echo Media Ltd.

Web Design by RIZN

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.