Bulgaria's Prime Minister Stanishev commented Wednesday that the media had overreacted to the leaking of OLAF's devastatingly critical report, and that they had created a public hysteria.

According to Stanishev, every country working with EU funds had similar issues, and Bulgaria was still learning how to handle them.

He dismissed the allegations made by the Bulgarian opposition parties on the basis of the OLAF Report that the election campaign of the President Georgi Parvanov was not transparent because it had been sponsored by the notorious businessman Lyudmil Stoykov.

Stoykov and his associate Nikolov are involved in a number of SAPARD Funds abuses, according to OLAF.

The Prime Minister also said the government saw OLAF as a partner in combating corruption.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!