Overcoming the difficulties in funding opportunities for the businesses is a major issue of the session in Brussels

Specific programmes are about to be developed this autumn, thus giving Bulgaria the opportunity to use European funds in fighting against youth unemployment, stated the Prime-Minister Plamen Oresharski in Brussels. The purpose of the programme is to support as many young people as possible, guaranteeing them by priority to get their first jobs up to 4 months after their graduation or state of unemployment.

It is expected that Bulgaria will be granted about 100 million euro by the European Union for the next two years as a measure of encouraging the employment of the youth.

The Prime-Minister has put emphasis on the issue about the prolongation period when Bulgaria would be able to acquire the funds of the recent 7-years-period European budget and would plan to submit regular feedback reports to the public and the National Assembly.

Overcoming the difficulties in funding opportunities for the businesses is another major issue of the session in Brussels. According to the Prime-Minister additional instruments should be found and developed by the main financial source – the European Investment Bank, together with the cohesive funds in order to create better preconditions for supporting the small and medium sized enterprises in the first place.

Regarding the regulatory regimes there is a big concurrence between the local debates that occurred in the past few weeks in Bulgaria, and the European ones.

The Prime-Minister reassured the audience about the positions of the state regarding the joining of all our west neighbors to the European Union by defining as good news Serbia and Kosovo’s efforts in commencing negotiations for joining Serbia and associating Kosovo. He congratulated Croatia for its membership to the European Union since 1^st July, and Latvia for joining the Eurozone at the beginning of next year.