Sofia News Agency
15 April 2008, Tuesday
The joint Committee for the Monitoring of the Cross-Border Cooperation Program between Bulgaria and Romania meets for the first time Tuesday in Bucharest.
The Bulgarian side is represented by Iskra Mihailova, Deputy Minister of Regional Development and Public Works, and municipal governors from different regions.
Romania is represented by Ana Horvat, State Secretary in the Romania Ministry of Development, Public Works and Housing. Other participants include a representative of the Directorate General "Regional Policy" of the European Commission.
The Program has a joint budget of EUR 262 M. These funds will contribute to the further socio-economic development of the border areas, the ecologically sound environmental management, the preservation of the cultural traditions and heritage, and the realization of joint initiatives in the border areas.
The Program is financed by the European Regional Development Fund, which was created to support the difference elimination between separate regions of the EU.
The EU's contribution to the Program is 83% while the remaining funds are provided by the participating countries' state budgets and by the private sources from the participating partners.
The Program's potential beneficiaries include local municipalities and administrations, non-governmental organizations, municipal associations, research institutions, cross-municipal organizations for cooperation, and chambers from border areas.
Nine Bulgarian districts are eligible to apply for the Program. They include the districts of Vidin, Vratsa, Montana, Pleven, Veliko Turnovo, Ruse, Silistra, Dobritch and Razgrad.