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Commissioner Hahn visits Bulgaria

22/01/2012

On Sunday 22 January Commissioner attended the inauguration ceremony of the new Bulgarian President Rossen Plevneliev. He also met with Prime Minister Boyko Borissov and Tomislav Donchev, Minister responsible for EU funds. In the afternoon the Commissioner attended signing ceremony between Bulgaria, the European Investment Bank, the World Bank and the European Bank for Reconstruction and Development.

During the meeting with Prime Minister Borissov and Minister Donchev various issues were discussed, like the latest developments on the absorption of structural funds, the preparation for the next programming period (2014-20) or the Danube Strategy.

The signing the Memoranda of Understanding between Bulgaria and three important International Financial Institutions is an important step towards speeding-up absorption of Funds and maximising its impact on the Bulgarian economy. The institutions will send experts to Bulgaria to help national officials in handling EU procedures for regional development projects in order to increase the concrete and correct use of EU funding.