EU Extends Bulgaria's Deadline to Explain Funds Mismanagement
EU Commission has granted Bulgaria more time to give its account on the number of irregularities found in the absorption of EU funding.
After coming across flawed public procurement procedures in the agricultural sector, the Commission announced EUR 1 B (already allocated to farmers by Bulgaria's government but later reimbursed by Brussels) would have to be returned if Bulgaria does not explain the violations.
Sofia had a deadline until June 30 to conduct an inspection on procedures which was to be certified by a company entitled to do so.
However, the contract of Deloitte Audit which was formerly assigned to certify expired in January as the procurement procedure to pick a new company has been appealed.
Agriculture Minister Dimitar Grekov was quoted by the Bulgarian National Radio as saying that measures are to be taken to certify the inspections and send a formal explanation within a month.
- » Bulgaria's Defence Minister to Call for Common EU Policy on Tackling Refugee Wave
- » World Bank to Help Bulgaria Improve Absorption of EU Funds
- » Bulgaria Plans to Initiate EU Discussion to Make Anti-IS Strategy More Efficient
- » Workers from Bulgaria, Romania Arriving in Britain Nearly Double in Year to March
- » Bulgarian Farmers Invited to Apply for EU Funding of EUR 50 M for New Equipment
- » Serbian Minister Criticizes Bulgaria for Sending Troops to Macedonian Border