Weekly news

 
EUROPEAN BANK HELPS BULGARIA FOR EU FUNDS UTILISATION
09:04 Thu 05 Oct 2006
 

European Investment Bank (EIB) would help Bulgaria utilise efficiently EU structural and cohesion funds, EIB president Philippe Maystadt told Bulgarias Regional Development and Public Works Minister Assen Gagauzov.

EIB would aid the development of projects for infrastructure construction.

The National Strategic Reference Framework was a key document for the co-operation, Maystadt said.

Gagauzov and Maystadt also discussed EIB to assistance for  the preparation of a financial plan for the Struma highway concession, Bulgarian National Radio (BNR) reported.

Bulgaria would ask for nearly 150 million euro from EIB for reconstruction of the Plovdiv-Svilengrad railway route, BNR said. It was the biggest transport project that was currently carried out in Bulgaria. European Commissions (EC) ISPA programme granted 153 million euro for the project, BNR said.

 
Printer friendly version
 
 
 
 
 
Custom Search
Free Daily News Alerts
BNB Fixing 08 Jan 2008
EUR1.3595USD
EUR0.7362GBP
EUR1.95583BGN
USD1.43864BGN
GBP2.16281BGN