Bulgaria Transport Minister: ISPA Funds Absorption Questionable

Politics » BULGARIA IN EU | September 4, 2009, Friday // 13:46
Bulgaria Transport Minister: ISPA Funds Absorption Questionable: Bulgaria Transport Minister: ISPA Funds Absorption Questionable Bulgaria's Transport Minister, Alexander Tsvetkov. Photo by Sofia Photo Agency

There is a real risk that Bulgaria will fail to absorb the EU ISPA program funds, according to Transport Minister, Alexander Tsvetkov.

Tsvetkov spoke Friday, during the regularly scheduled Parliamentary Control session, in response to question coming from his predecessor, Petar Mutafchiev.

Since 2000 until now the country had absorbed just 3% of the ISPA funds, Tsvetkov said, adding the 2010 deadline posses a real threat that Bulgaria would not be able to use the funds in full.

The Minister pointed out that they are serious delays in the Plovdiv-Svilengrad railroad project and the Danube Bridge 2 project.

Former Transport Minister Mutafchiev defended the previous cabinet with the explanation that they had advanced projects delayed years before their coming into power.

 

 

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

Bulgaria in EU » Be a reporter: Write and send your article
Tags: Alexander Tsvetkov, Petar Mutafchiev, ISPA

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria