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🇧🇬 Bulgaria /Economy & Trade

Bulgaria and Greece unite to seek fairer European funding formula

From Dnevnik · () Bulgarian

Translated from Bulgarian, summarized and contextualized by DistantNews.

At a glance

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  • Bulgaria and Greece are collaborating to advocate for a fairer European funding formula.
  • The initiative was announced following a meeting between Bulgarian Prime Minister Rumen Radev and Greek Prime Minister Kyriakos Mitsotakis in Sofia.
  • Both leaders expressed their commitment to working towards a more equitable distribution of EU funds.

Bulgaria and Greece are joining forces to push for a more equitable formula for European funding. The joint initiative was announced in Sofia after a meeting between Bulgarian Prime Minister Rumen Radev and Greek Prime Minister Kyriakos Mitsotakis.

"We will work for a fair funding formula," stated Radev, emphasizing the shared goal of both nations. The collaboration aims to address perceived disparities in how European Union funds are allocated, seeking a system that better reflects the needs and contributions of member states.

Prime Minister Mitsotakis echoed the sentiment, highlighting the importance of cooperation between the two neighboring countries. The meeting underscored a mutual desire to strengthen bilateral relations and present a united front on key EU policy matters. Both leaders expressed optimism that their joint efforts would lead to positive changes in the EU's financial mechanisms.

We will work for a fair funding formula.

— Rumen RadevBulgarian Prime Minister stating the goal of the joint initiative with Greece.
DistantNews Editorial

Originally published by Dnevnik in Bulgarian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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