EC to Extend Danube Bridge II Deadline

Politics » BULGARIA IN EU | February 27, 2010, Saturday // 10:13
EC to Extend Danube Bridge II Deadline: EC to Extend Danube Bridge II Deadline Bulgarian Prime Minister Boyko Borisov chats with Romanian Prime Minister Emil Boc (L) during their meeting in Sofia. Photo by BGNES

The European Commission intends to be flexible about the deadlines for the EU ISPA program, including those for the construction of Danube Bridge II.

The information was reported by the EC spokesperson, cited Saturday by the Bulgarian National Radio, BNR.

The statement came on the heals of a request on the part of Bulgarian Prime Minister Boyko Borissov and his Romanian counterpart Emil Boc made before the EC to extend the deadline of the financial memorandum for the construction of a second bridge over the Danube River in order to rescue EU financing for the project.

EC says they are willing to extend the deadline until 2012 for several ISPA projects that expire at the end of 2010, where the largest projects with financing over EUR 100 M have the biggest chance for such extension.

Bulgaria is slated to receive EUR 70 M for Danube Bridge II, but financing for both Romania and Bulgaria exceeds EUR 100 M, which gives the project a significant opportunity for extension.

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: Danube Bridge 2, Emil Boc, Romania, ISPA, EC, Boyko Borisov, Prime Minister

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