Cohesion Policy and Bulgaria
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In 2014-2020, Bulgaria will manage seven operational programmes under EU Cohesion Policy. Of these, four programmes will be funded by the European Regional Development Fund (ERDF) and the Cohesion Fund, two programmes will receive funding from the European Social Fund (ESF) including the Youth Employment Initiative and one programme will be funded by both ESF and ERDF.
How much will be invested in Bulgaria in 2014-2020?
For 2014-2020, Bulgaria has been allocated around € 7.6 billion (current prices) in total Cohesion Policy funding:
- € 5.09 billion for less developed regions (all)
- € 2.28 billion under the Cohesion Fund
- € 165.7 million for European Territorial Cooperation
- € 55.2 million for the Youth Employment Initiative.
Of this, ESF will represent a minimum of € 1.46 billion. The actual share will be set in light of the specific challenges the country needs to address in employment, social inclusion, education, and governance.
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