Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Over EUR 207 Mln to be invested in...

Over EUR 207 Mln to be invested in Border Regions of Bulgaria, Romania

March 2, 2022

Over 207 million euro will be invested in the development of the regions on the two sides of the Bulgaria-Romania border in the 2021-2027 period under the Interreg VI-A programme between the two countries. This transpired in remarks by Deputy Regional Development Minister Delyana Ivanova as she chaired an online meeting of the joint working group for strategic planning for the programme, BTA informs.The meeting approved the final version of the programme before submitting it for approval to the European Commission.Among the key priorities are environmental protection, climate change, improving connectivity by developing the rail networks and navigation on the Danube, tourism and financial support for small and mid-sized businesses.The biggest share of the programme funding, close to 93 million euro, will go towards Green Deal activities.The strategic investment and calls to proposals will seek to attract projects between the two countries for preventing disasters, building green infrastructure and reducing pollution in the settlements on the Danube.Over 70 million euro will be invested in an integrated strategy for supporting the local communities in the border regions to define their own investment priorities in tourism and related sectors. Among the strategic priorities here is completing the Eurovello route in Bulgaria and Romania.Funding will also be available for improving the competitiveness of micro-, small and medium-sized businesses as they deal with the aftermath of the COVID crisis.Deputy Minister Ivanova believes that if work on the programme makes good progress, investment in the region can start before the end of 2022.

The text of this article has been partially taken from the publication:
http://actmedia.eu/daily/over-eur-207-mln-to-be-invested-in-border-regions-of-bulgaria-romania/96128
Read in full - click here
Extended weekend calendar: National Day parade, St Andrew fair, Bucharest Christmas markets and more

Romania celebrates its National Day this long weekend, when December 1 is a public holiday, as is St Andrew’s Day. At the same time, several Christmas markets are opening in Bucharest, Brașov, and Timișoara.

Via Transilvanica: Long-distance trail crossing Romania introduces modular accommodation units

Tășuleasa Social Association, which developed the long-distance trail Via Transilvanica, has developed a modular accommodation unit prototype, the first in what is to become a network of rural hospitality spaces. The network will cover areas along the trail that are isolated and lacking tourist infrastructure or communities with an aging population where there are no other […]

The varied depictions of the traditional blouse ia on display in Bucharest exhibition

The exhibition RomanIa – Identity representation of traditional dress in art, currently on view at the National Museum of Art of Romania (MNAR), gathers a variety of artistic representations of the traditional blouse ia, from painting and sculpture, to drawing, photography, installation, film, music, posters, fashion, books, albums, and more. It includes works by Henri […]

Report: Most non-EU immigrants in Romania come from Nepal, Sri Lanka

Over 136,000 non-EU citizens held residence permits for employment in Romania at the end of August this year, most of them coming from Nepal, Sri Lanka, Turkey, Moldova, and India, and two out of three immigrants live in Bucharest, Ilfov, Constanța, Timiș, and Cluj, according to a study conducted by the Economic and Social Council. […]

Romanian prosecutors conduct searches in case concerning bankruptcy of insurer Euroins

Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]

Cushman & Wakefield Echinox: Bucharest’s premium home prices double amid extremely limited supply

Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]