EU to grant Bulgaria 2.3 billion Euro for rural development

After two years of preparatory work, bureaucratic confusion, governmental crises and 426 observations by the Commission and four different versions, the Bulgarian Programme for Rural Development for the period 2014-20 has finally been approved. Brussels will grant Bulgarian growers and farmers a total of nearly 2.3 billion Euro over a period of seven years. The annual payments per unit area, for which 110,000 producers have applied already in 2015, will be added to these.

After two years of preparatory work, bureaucratic confusion, governmental crises and 426 observations by the Commission and four different versions, the Bulgarian Programme for Rural Development for the period 2014-20 has finally been approved. "I am delighted that the European Commission approved the Bulgarian program for rural development," stated Prime Minister Boyko Borisov on Facebook.

Brussels will grant Bulgarian growers and farmers a total of nearly 2.3 billion Euro over a period of seven years. The annual payments per unit area, for which 110,000 producers have applied already in 2015, will be added to these, as well as national co-financing amounting to 600 million Euro.

Source - http://www.freshplaza.com/