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News: Bulgaria>> Bulgaria lost 220 million euro from EU, twice as much money to be frozen

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Current date: 2010-02-09 10:41

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Bulgaria lost 220 million euro from EU, twice as much money to be frozen


Politics: Wednesday, 2008-11-26 10:01
Article by: StandartNews

Bulgaria has suffered its worst disgrace after its EU accession. Brussels stopped 220 million euro meant for road infrastructure. The EC refused to bring back the accreditations of the two agencies on the Phare program to the Ministry of Regional Development and Public Works and the Ministry of Finance.

The reasons for the harsh slap is the lack of verdicts for corruption, stated Cristina Nagy, spokesperson of the EU Enlargement Commissioner Olli Rehn.

Another 454 million euro are still under question. For the first time in the history of the EU, the commissioners put such a sanction, as regards the Euro funds,  to a member state, world agencies commented.

The Bulgarian power was shocked and the opposition immediately demanded resignations.

Scope: Bulgaria

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    Last updated news
    - Dragalevski monastery near Sofia
    - British investment fund set up an electric car factory in Stara Zagora
    - National protest of municipal and private hospitals
    - Weather Bulgaria 09 Feb 2010 - Snowfalls Cease for Short
    - The Sultanate of Oman invests in Super Borovets project
    - Exchange Rates of Foreign Currencies against Bulgarian Lev on 2010-02-08
    - Bulgaria Weather Outlook for the period February,10, 2010 - February, 15, 2010
    - 2 safe deposit boxes stolen from bank office in town of Dobrich
    - 126m in high skyscraper will be built in Sofia
    - Kulata border checkpoint is still under blockade

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