Bulgaria to Receive Additional EU funds through New Grant Programme
3/31/2008
The funds will come from a new grant program of the European Commission called "Transnational Program for Cooperation for Southeast Europe".
It aims to accelerate the socio-economic integration of specific regions in 16 countries, some of which are EU members, and some of which are aspiring to become such.
Almost EUR 207 M have been allocated for the new program from the EU budget. The grants will be awarded to joint trans-border projects dealing with environmental protection, the improvement of transportation and communication connections, development of entrepreneurship, and the application of new technologies.
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