Bulgaria is eighth country to contribute national funds to EFSI
On 30 June 2015, Bulgaria announced that it will contribute €100 million of national funds to projects funded under the European Fund for Strategic Investments (EFSI), within the framework of the Juncker Investment Plan for Europe. The funds will be provided through co-financing of projects approved by the Bulgarian Development Bank. This makes Bulgaria is the eighth Member State after Germany, Spain, France, Italy, Luxembourg, Poland and Slovakia, to announce the contribution of national funds.
European Commission Vice-President Jyrki Katainen, who is responsible for Jobs, Growth, Investment and Competitiveness, said he was deligthed to hear this announcement, adding that he "had very good discussions with Prime Minister Boyko Borisov when I was in Sofia earlier this year about how Bulgaria could benefit from the Investment Plan and soon we will see the concrete effects of its implementation."
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