Sarkozy grants Morocco €8M
French President Nicolas Sarkozy, on state visit to Morocco, has promised that his country will grant a financial assistance worth 8 million euros to the National Initiative for Human Development (INDH) in Morocco. Sarkozy, addressing a joint parliamentary session, said this grant was to be in addition to France's support to Morocco worth 350 million [...]
Bulgaria’s tourism starts at home
A rare statistic nowadays, but according to a research conducted by the State Agency of Tourism, during 2007 summer holiday Bulgarians have spent most of their spending money on spa treatments. Although the spa activities are the biggest expense of an average Bulgarian’s holiday, most locals are enjoying the spa and leisure side of the [...]
BULGARIA EU FUNDING GOES LOCAL
Dimitar Tadarukov, executive director of State Fund Agriculture (SFA) announced yesterday that the Bulgarian authorities were preparing to decentralise the process of extending European Union (EU) rural development grants. Project applications for funding of between €150K and €200K would be filed on a local basis and approved at the country’s 28 regional centres. SFA experts [...]
New report shows why we love Bulgaria
A State Agency of Tourism research report shows the most attractive characteristics of Bulgaria are cuisine, personal security, local friendliness and fantastic hotel conditions, according to 3,000 foreign tourists. According to the report, the most favoured places in Bulgaria are the capital city of Sofia, followed by seaside resorts Varna and Burgas. 66% of the [...]
Turkey plan multipurpose pipeline
Turkey and Israel voiced their mutual resolve yesterday, voting to move ahead with plans for construction of a multipurpose pipeline that will stretch from southern Turkey to Israel. There has also been progress in the determination of the operational and investment costs involved in the project. The pipeline has been hailed as a project that [...]