Bulgaria may receive over 15.2 billion euro between 2014 and 2020 and is among four EU countries set to receive more money during the next EU programming period, says Foreign Minister Nickolay Mladenov in a press release Saturday, communicated after Friday's EU budget deal, BTA reported.
The European Council, which concluded on Friday, achieved a difficult but important compromise on the 2014-2020 EU budget. Despite the overall budget reduction, Bulgaria will receive more money, says Mladenov.
Under the new multiannual financial framework, Bulgaria will receive over 12 billion euro net from the EU. The increase of over 50 per cent is the largest for a EU country, making Bulgaria the largest net beneficiary in the EU, the press release says.
The Minister says that a request by Bulgaria has been granted to transfer funds between the two pillars of the Common Agricultural Policy: direct payments and rural development.
Bulgaria will be able to access additional EU funds under the Connecting Europe Facility. More EU funds will be allocated for science, education, migration, external border protection, internal security and justice, says the Foreign Minister.
Source: bne