Bulgaria Gets Nod for EUR 2 B in EU Funding for Transport ProjectsBulgaria in EU | December 18, 2014, Thursday // 20:27| views
Prime Minister Boyko Borisov said on Thursday the European Commission has approved EUR 2 B in financing under the 2014-2020 Operational Programme Transport for Bulgaria.
The approval opens the way for going ahead with major land transport infrastructure projects.
Borisov, who is in Brussels for the European Council summit, said the EU Commission President jean-Claude Juncker had informed him that the financing had been given the green light, the government's press office said in a statement.
A total of EUR 800 M will be allocated to the construction of sections of Bulgaria’s Struma and Hemus motorways and a tunnel under the Shipka Pass in central Bulgaria, a further EUR 800 M will be used to improve railway infrastructure and EUR 400 M will go to building sections of the underground railway system in Sofia, Borisov said.
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