“For the programing period 2007-2013, Bulgaria has reported to the EU almost 15 billion BGN within the operative programs, co-financed by the Structural and Cohesion funds, thereby the total implementation rate amounts to almost 98%. Within the programs from the agricultural and fishing funds the financing reported to the EC amounts to almost 5 billion BGN, which is 98% of the budget of the two programs,” announced the Deputy Prime Minister for European Funds Malina Krumova at a meeting with the program governing bodies and partner organizations.
“Bulgaria managed to make up for the slow start, we imposed a fast pace of work, the governing bodies put an exceptional amount of effort and we finished the first programing period with a really excellent result. In parallel, the first real possibilities for applying for the programs for the period 2014-2020 were opened,” added the Deputy Prime Minister.
According to Krumova, the contribution of the Structural and Cohesion funds for the socio-economic development of the country is undoubted. Compared to the total budgetary expenses of the state for the period 2007-2013, the European funds represent 9%, but contribute to 80% of public investments. A considerable part of them are dedicated to infrastructure building (transport infrastructure – 20,5% from all the expenses made; infrastructure for water and trash – 16,2%, local and regional development – 18,8% of the expenses, investments in human capital – 12,7%, investments in business development – 12,2%, innovation – 9%, and others.) For the period 11 778 projects have been implemented.
The amount of realized investments in municipalities of 10 000 to 20 000 residents with active participation in European projects has increased three and a half times in comparison with those who are less active. With 35% has increased the number of enterprises in the big municipalities and with 70% - the number of investments in the rural municipalities. The enterprises there have increased by 50%. A beneficial impact of the Structural and Cohesion funds is also observed on the competitiveness of the Bulgarian economy, which is mainly reflected in the export potential increase of enterprises. Another positive effect, important for the economy, is the contribution of the Structural and Cohesion funds for a decrease in unemployment.