Impact of the Attracted European Funds of 2014–2020 Programming Period for the Development of Veliko Tarnovo Region

Authors:

Pages: 144-149

Abstract:

The report presents information on the implemented projects financed by the funds of the European Union within the second programming period 2014–2020. The paper analyzes the data announced in the Information System for Management and Monitoring of EU Funds in Bulgaria 2020 for the absorbed funding under the individual funding programs. Within the framework of the present study, an emphasis is placed on municipalities, which is dictated by their established image as main beneficiaries and drivers for achieving sustainable growth in the individual spheres of the public sector. The impact of the attracted funds is studied by assessing the degree of achieved goals and sustainability of the results, assessing the overall impact, as well as the effectiveness, efficiency, and sustainability of the achieved results, on the basis of which recommendations are made for im proving the processes of development, management, and reporting of investment intentions, planned for implementation within the framework of the just-starting programming period 2021–2027.

Keywords:

European funding; regional development; programming period.

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