Macroeconomic stability

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• Macroeconomic stability
• Implementation of the Currency Board Arrangement
  (CBA) 1997 (EUR 1 1.96BGN)
• Strict fiscal discipline
• Relatively low inflation
• Steady improvement of the growth rates
• 4 for 1998 - 2000
• 5.4 - 2000
• 4.0 - 2001
• 4.3 - 2002 est.

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• The Bulgarian economy is an open one
• The cumulative value of exportsimports adds up
  to 120 of GDP
• The foreign trade
• 56 with the EU
• 20 - Balkans (incl.Turkey), Ukraine Russia
• The main partners

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• The obligations of Bulgaria according to the Road
  Map of accession to the European Union
• (13.11.2002 COM (2002) 624 final)

• The focus should be on
• Environmental impact assessment
• Investments in ecology
• Waste management
• Nature protection
• Industrial pollution and risk management
• Chemicals and genetically modified organisms.
• Nuclear safety and radiation protection.

All these tasks are connected with the increase
of the administrative capacity of the local
(regional) administration. The decisions in the
economic sector should be made in conformity with
the environmental requirements.
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• SHORT TERM TASKS

• Updating of the assessment of the conditions in
  the environmental sector and the plans for
  elimination of the deficiencies.
• Financial plans for implementation of the short
  and medium term tasks.
• Enactment of the regulations requred for
  implementation of the EU acquis (achievements of
  the EU legislation).
• Strengthening of the administration of the
  Ministry of Environment.
• Upgrading of the interministerial coordination
  and the one with the companies and NGO of the
  sector.

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• MIDTERM PLAN

• Gradual implementation of the EU acquis in all
  the related sectors
• Waste management
• Water quality
• Industrial pollution
• Risk management
• Nature protection

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• BY THE TIME OF ACCESSION
• (Est. 2007)

• Guaranteed complete implementation of the EU
  acquis.
• AND LATER
• According to the official statement of the Deputy
  Minister of Environment (15.01.03)
• A regulation is to be elaborated for granting
  complex licenses for prevention and control of
  the pollution from companies. They will be
  obligatory for all companies in Bulgaria after
  2007.
• 250 companies are subject to licenses and they
  could receive interim licenses in consideration
  of presenting programs for implementetion of the
  requrements in the respective terms.

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• FINANCIAL MEMORANDUMS IN THE ECOLOGY
• (signed by the Bulgarian Minister of Finance on
  21.01.2003)

1. Project 2002 BG 16 P PE 009 Bourgas - Meden
Rudnik Waste Water Treatment Plant Objective
reducing the flow of waste waters in the Black
Sea and facilitating Bulgaria to adopt the EU
requirements in the field of waste water
treatment Total value EUR 10 206 220 ISPA
grant EUR 7 654 665 2. Project 2002 BG 16 P PE
010 Waste Water Treatment Plant in
Targovishte Objective preventing waste water
flow in the Varna and Kamchia Rivers Total value
EUR 11 426 936 ISPA grant EUR 9 141 549
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• FINANCIAL MEMORANDUMS IN THE ECOLOGY
• (signed by the Bulgarian Minister of Finance on
  21.01.2003)

3. Project 2002 BG 16 P PE 011 Waste Water
Treatment Plant in Lovech Objective enabling
Bulgaria to keep its obligations on pollution
prevention of the Danube River and the Black Sea
Total value EUR 18 396 575 ISPA grant EUR 13
797 431 4. Project 2002 BG 16 P PE 012 Waste
Water Treatment Plant in Montana Objective
improving the ecological condition of the Ogosta
River Total value EUR 16 741 237 ISPA grant
EUR 12 555 928
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• FINANCIAL MEMORANDUMS IN THE ECOLOGY
• (signed by the Bulgarian Minister of Finance on
  21.01.2003)

5. Project 2002 BG 16 P PE 014 Waste Water
Treatment Plant in Sevlievo Objective improving
the ecological condition of the Rositza River and
the water quality of the Stambolyiski Dam Total
value EUR 13 987 623 ISPA grant EUR 10 490 717