Sofia, Bulgaria: The European Union’s Cohesion Policy Partnership Agreement will provide Bulgaria with €11 billion. Prime Minister of Bulgaria, Kiril Petkov, called it a good start for policies which will enable economic growth, modernisation and social and territorial cohesion.
Prime Minister Kiril Petkov yesterday welcomed the European Commissioner for Cohesion and Reforms, Elisa Ferreira, in the capital city of Sofia, Bulgaria.
Providing details about the meeting, Ferreira tweeted, “Very substantive & constructive meeting with Bulgarian PM Petkov and DPM Assen Vassilev on the €11 billion Cohesion Policy Partnership Agreement supporting Bulgaria’s modernisation, greening, innovation, social and territorial cohesion”.
“I talked today to the Bulgarian Government & the Just Transition Fund local stakeholders. A successful green/energy transition in Bulgarian most impacted areas calls for a substantive dialogue & consultation. A big thank you to all involved in the very constructive discussions”.
I talked today to the Bulgarian Government & the #JustTransitionFund local stakeholders.
A successful green/energy transition in 🇧🇬 most impacted areas calls for a substantive dialogue & consultation.
A big thank you to all involved in the very constructive discussions. pic.twitter.com/7NcgNPh04E
— Elisa Ferreira (@ElisaFerreiraEC) June 10, 2022
Very substantive & constructive meeting with 🇧🇬 PM @KirilPetkov and DPM Assen Vassilev on the €11 billion #CohesionPolicy Partnership Agreement supporting Bulgaria’s
🔸modernisation
🔸greening
🔸innovation
🔸social and territorial cohesion🇪🇺🤝🇧🇬 pic.twitter.com/8aiFXukTtP
— Elisa Ferreira (@ElisaFerreiraEC) June 10, 2022
The Cohesion agreement will be penned down within the coming days.
PM Petkov tweeted, “I am glad that the direction and strategy of the Bulgarian government and European Commission coincide in all important priorities in the European funds, and I thank the European Commissioner for Cohesion and Reform”.
Related to the same, the Bulgarian PM also met with the President of the European Investment Bank (EIB), Werner Hoyer. The main focus of the conversation between the two dignitaries remained at the new investments in the field of green transition, transport, energy, regional cohesion and small and medium-sized enterprises.
Under the fund, France will also be investing €3.5 billion in order to boost the competitiveness of its regions. A total of €2.8 billion will be dedicated to implementing the European Green Deal in the nation. This will be done in order to develop a circular and sustainable economy and an environmentally friendly transport system as well as to preserve its’ biodiversity.