Bulgaria takes 8th place in the absorption of EU funds

Bulgaria takes 8th place in the absorption of EU funds

The plant for household waste in the village of Yana managed to stop punishment proceedings against Bulgaria

Bulgaria takes 8th place in the absorption of EU funds

The plant for household waste in the village of Yana has stopped punishment proceedings against our country.

Bulgaria takes 8th place in the utilization of funds, said Vice-President of the European Commission and Commissioner for budget and human resources – Kristalina Georgieva at the opening of the plant for mechanical and biological treatment in the village of Yana region “Kremikovtzi”. She also noted, that we have the highest level of absorption since our country is a member of the EU.

“Today we will cut the ribbon of this factory and will close the infringement procedure against Bulgaria, which dragged so many years. This project is one with largest financing in Bulgaria, “added Georgieva.

She said that the third phase of the project will cost 270 mln levs.

Suspension of the procedure against our country was highlighted by Prime Minister Boyko Borisov.

Environment Minister Ivelina Vasileva stressed that the investment worth is 346 mln. levs, and the project is the largest and successfully implemented under the Operational Programme “Environment”.

According to Mayor of Sofia – Yordanka Fandakova, 84% of the financing of the plant for household waste are free of charge.

Source:econ.bg

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