ARTICLES 
Europe to Pump E 12,3 Billion into Bulgaria by 2013
Standart News, 18th Nov 2005
"Bulgaria may receive some E12,352 billion from European funds by 2013," Georgi Stoev from "Programming of the Regional Development" Directorate with the Bulgaria's Ministry of Regional Development and Public Works (MRDPW) informed at a conference on the project 'Balkans without Borders'.
Bulgaria will add between 25% and 50% of its own financing to the negotiated sum. Thus, the money on the 8 EU programs will reach nearly E16 billion. The largest share of the resources will go on the development of rural regions - E5.286 billion. Over E3 billion have been envisaged for road network improvement under 2 programs of the MRDPW. Some E2.354 billion will be allocated on the environment protection.
The Bulgaria's national financing in this sector will be about 50%. The same amount of money has been envisaged for the improvement of transport. Bulgaria will get funds for 3 other programs - human resources (E 1.229 billion), administration capacity (E 148,64 million) and fishing (E 48 million).
"It is expected that Bulgaria will manage to absorb over 75% of these 12 million," Georgi Stoev forecast.

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