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EU to extend Bulgaria’s agricultural funding

31/03/2004

The European Union (EU) will increase funding for Bulgaria’s agricultural development to €80 million in 2006, the European Commission (EC) said recently.

 

The country, which hopes to join the EU in 2007, currently receives €56 million per year in funding under the SAPARD pre-accession programme. This will rise 20% in 2004 and a further 10% in both 2005 and 2006.

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