Bulgaria with access to financial resources under a new European program

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Bulgaria will be included in a new program for transnational cooperation in the next programming period 2021 – 2027.

It is called INTERREG Euro-Mediterranean area and will finance projects to jointly address the challenges in order to ensure the geographical and geopolitical connectivity of the Black Sea basins and Mediterranean sea.

This was announced by the Deputy Minister of Regional Development and Public Works Denitsa Nikolova, who is leading the negotiations with the European Commission from the Bulgarian side.

“The Directorate General for Regional and Settlement Policy in the European Commission has officially confirmed that our country is included with its entire territory in the program, which provides an additional opportunity to achieve the goals of Bulgaria’s regional policy,” said Deputy Minister Nikolova.

Participation in the future EURO MED program will provide additional opportunities for establishing new international partnerships with countries such as Greece, Cyprus, Italy, Malta, Slovenia, Croatia, Albania, Bosnia and Herzegovina and Montenegro, as well as with the southern regions of France, Spain and Portugal.

So far, transnational partnerships have been funded mainly in the South East Europe region.

The specific priorities and specific objectives of the program will be discussed and selected by a joint working group on programming with the participation of all countries in the region.

“The European Commission’s vision for the Euro-Mediterranean area is towards co-operation for a smarter, greener, low-carbon Europe, a Europe closer to its citizens and better governance of co-operation,” he said.

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