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Todos los indicadores siguen apuntando a que los próximo años seguirán siendo muy buenos para Bulgaria, y nosotros vamos a seguir apostando especialmente por la región de Varna.
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Pedro Algora es Administrador de la empresa que gestiona el proyecto Terreno en Varna-BulgariaI.
Bulgaria and EIB Sign Loan Agreement on EUR 700 Million Structural Program Loan
Leído en: Profit.bg
Finance Minister Plamen Oresharski and European Investment Bank (EIB) Vice President Matthias Kollatz-Ahnen signed Friday a loan agreement on a structural program loan of 700 million euros.
The loan agreement provides funds mainly for improvement of the infrastructure through the implementation of projects financed under the EU structural funds and the Cohesion Fund.
The loan's beneficiary is the central budget. The money will be paid in installments as portions of the national co-financing of the operational program, mainly transport and environment.
The loan will be disbursed in 20 installments, each amounting to at least 30 million euros. For each installment, the beneficiary sets a repayment term within at least four years and up to 25 years, with a grace period of up to seven years. There are two options for the interest rate of each installment, fixed or floating, with a possibility for renegotiation.
After the signing ceremony Oresharski said that the concrete size of the installments will be determined based on concrete estimates for utilization of the funds of the respective operational program. He said the loan will contribute to the better absorption of EU funds. The Finance Minister said that utilizing the entire amount of the loan will mean that Bulgaria has taken advantage of almost the entire allocation from the Cohesion Fund.
Kollatz-Ahnen said that the successful utilization of EU funds is very important for Bulgaria, its convergence and the transformation of its economy. He noted that EIB wishes to support the implementation of large-scale infrastructure projects, including via the so-called Technical Assistance.
Bulgaria Successfully Integrated in EU
Leído en: Profit.bg
Bulgaria has become successfully integrated into the EU, according to the participants in Wednesday's meeting between Prime Minister Sergei Stanishev
and the ambassadors of the EU Member States, hosted by the Portuguese Ambassador, BTA reports.
"We are nearing the end of the first year of Bulgaria's EU membership, and we heard opinions about the economic, social and political situation at the meeting," Stanishev said. He noted that the economy was making good progress and Bulgaria was among the high-growth countries.
Stanishev said Bulgaria had gained a worthy place in the EU with a constructive position in favor of a stronger EU. He informed the ambassadors
about the government's and the ruling coalition's priorities for the next stage of the term in office. These priorities include a more competitive economy, accelerated income growth, implementation of infrastructure projects and modernization of key sectors, including public administration, education and health care.
The participants discussed the situation in the region. Stanishev said Bulgaria was aware of its responsibility in the region, whose stability is facing serious challenges, above all in the Western Balkans, in view of the upcoming completion of the Kosovo status talks.
Stanishev emphasized that Bulgaria relies on solidarity and on the drawing up of a common EU position on all important matters. He also said that being
in the immediate proximity of the Western Balkans, Bulgaria would be the hardest hit in case of a negative development, as was the case with the sanctions against former Yugoslavia.
"We all talk about Europe's role in the world but no one will understand the EU if it fails to guarantee stability, democracy, economic development and European prospects for its immediate neighbors, the Western Balkans," the Prime Minister said.
Answering a journalist's question, Stanishev stressed that he had expressly asked that a requirement for professional leadership be enshrined in the State Agency for National Security Bill. It is designed as a state agency, not as a political one, which will work for the Bulgarian State, he said. Stanishev called this requirement "an important political signal". In his view, clear, regular control of the Agency by Parliament and good coordination between the Agency and the other institutions should be guaranteed.
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