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Fin Min: Bulgaria Gets Full Access to EU Funds "Within Week"

Politics » BULGARIA IN EU | November 3, 2007, Saturday // 00:00

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Bulgaria will have full access to all European Union funds within a week, the country's Finance Minister Plamen Oresharski said Saturday for the media after experts from his ministry presented the law amendments.

His Ministry's top priority for the next year will be the fiscal stability. The past several years Bulgaria has had a steady economic growth of over 6% and a serious inflow of foreign investments, Minister Oresharski added.

Still, this 6% of economic growth is a challenge for the sustenance of the macroeconomic balance.

"The fiscal policy is now made to be more cautious, but it is nevertheless flexible depending on the current account deficit and an alternation in the fiscal goals is possible in order to keep the balance," Oresharski explained.

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