Glossary

Accountability principle

Before any implementation procedure or any financial transaction, the employee responsible for the execution of a specific task is thoroughly checked by another person, including its control papers.

Auditing authority

A national, regional, or local public authority or organization, functionally independent of the Managing authority and the Certification authority, designated by the member-state for one, several, or all operational programmes, and responsible for the verification of the effective functioning of the system for management and control.

News

EC allocates 293 million Euro for Plovdiv-Bourgas railway line modernization

16 November 2018

The European Commission allocated 293 million Euros for the modernization of the railway line between the cities of Plovdiv and Bourgas. The rehabilitation of the 293-kilometer section, which was initiated in the past programing period under Op...

Ivaylo Moskovski: By 2019 Sofia to have 48 km of subway lines with 43 stations

14 March 2018

The subway is a very good example of an intermodal project and its implementation has been very successful, said the minister of Transport, information Technology and Communications Ivaylo Moskovski during today’s inspection of the works at...

European Commission allocates 451 million Euros for the modernization of Elin Pelin - Kostenetz railway line

1 February 2018

The European Commission approved the financing of the project for modernization of the railway line Elin Pelin - Kostenetz that amounts to 451 million Euros. Over 51 km of railways and 5 railway stations along the line will be modernized through the...