Bulgaria Runs Huge Risk of Losing EU Funds - Deputy PM

Politics » BULGARIA IN EU | November 22, 2014, Saturday // 14:30
Bulgaria: Bulgaria Runs Huge Risk of Losing EU Funds - Deputy PM

Bulgaria could register fresh losses of EU funding, the Deputy PM for Absorption of EU Funds and Economic Policy has said.

"If in the previous years the battle was to avid losing [EU] funds, now it is to make the loss as small as possible," Tomislav Donchev told Darik Radio on Saturday.

He added "a certain part" of the BGN 400 m to be allocated this year would be lost.

Donchev stopped short of disclosing a sum, but said it was "horrifying... if we comment on operational programs and the Rural Development Program."

Bulgarian Prime Minister Boyko Borisov announced on Friday he would visit Brussels next week to hold talks over millions worth in frozen EU funding at the European Commission.

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Tags: Tomislav Donchev, Boyko Borisov, EU funds

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