Bulgarian MEP: After US Sanctions EU May Well Suspend Funds for Bulgaria
The US sanctions under the Magnitsky Act imposed on six Bulgarians, including Delyan Peevski and Vasil Bozhkov, will have an impact on European policy approach to Bulgaria.
Bulgaria may lose EU funding for agriculture of EUR 53-97 M by end-2014, according to caretaker Agriculture Minister Vasil Grudev.
Grudev explained in an interview for 24 Hours Daily that Bulgaria had to absorb EUR 397 M in EU funding by the end of 2014, while the amount of payments requested at the European Commission by early August totaled EUR 50 M.
He pointed out that no projects had been processed and no contracts or annexes had been signed at the State Fund Agriculture (SFA) for one year.
Grudev also said that no certifying authority had been selected for the payments of the SFA after the contract of Deloitte&Touche expired and three public procurement procedures for the selection of a new entity collapsed.
He noted that the experts in Brussels had been shocked by the idea to sign projects stipulating retroactive effect, adding that the inadmissibility of the proposal meant that they would have to be reviewed under new regulations.
Bulgaria's caretaker Agriculture Minister made clear that the projects in question would have to be implemented with payments requested by mid-2015.
He said that he expected that the people responsible for the delays would be held criminally liable.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgaria's Minister of Defense Todor Tagarev admitted the possibility that an explosive device might have been planted on board the crashed plane in which Yevgeny Prigozhin was traveling
The European Commission has announced that it is preparing criminal proceedings against Bulgaria, Cyprus, Greece, Malta, and Portugal for incorrect application of the rules on the exchange of data on criminal records and the establishment of the relevant
The European Commission has started an evaluation of the Plan for Reconstruction and Development of Bulgaria, said the spokesman of the European Commission Eric Mamer. The document was submitted to the Commission on 15 October.
58% of Bulgarians do not support the introduction of the euro as the official currency in the country. This shows a study prepared by Trend agency specifically for the financial forum NEXT DIFI 2021, organized by b2b Media for the fifth year. The data dur
Too late Bulgaria began to explain its own position towards North Macedonia, as it should have been clear to our European partners some time ago.
An SPD-led government in Germany has significant potential to sharpen international attention to the problems of corruption in Bulgaria.
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022