EC approves Greek – Bulgarian cross-border cooperation programme, to boost SMEs

The European Commission (EC) adopted on September 9 a cross-border co-operation programme for Greece and Bulgaria which has as its first priority boosting the competitiveness of SMEs and helping them expand beyond local markets, the EC said.

The programme is worth 129 million euro, with a contribution from the European Union of more than 110 million euro from the European Regional Development Fund.

Corina Crețu, Commissioner for Regional Policy, said: “This programme will help the border regions of Bulgaria and Greece to work together and address common challenges. This new programme is clearly result-oriented and will make a real difference on the ground, from improved transport infrastructure to opportunities for new jobs.”

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(Photo: Päivi Tiittanen)