Absence of national priorities and targets: these sum up the main problems that Bulgarian agriculture faces. This has been the conclusion of the Economic Research Institute at the Bulgarian Academy of Sciences (BAS) following a major survey on how European financing was being spent during the first programming period 2007-2013 under the Environment Operational Programme, the Common Agricultural Policy and the Rural Development Programme. BAS economists have found that Bulgaria has absorbed about 80% of financing under these programmes to the tune of roughly 6.3 billion euro. Despite substantial financing …read more
Source: Radio Bulgaria
