Bulgaria PM: Unblocking PHARE Funds Incredible Boost for Govt

Politics » DOMESTIC | November 18, 2009, Wednesday // 16:21
Bulgaria: Bulgaria PM: Unblocking PHARE Funds Incredible Boost for Govt Bulgaria's Prime Minister Borisov (sitting) has termed the unblocking of PHARE funds a great boost for his cabinet. Pictured here with Economy Minister Traikov. Photo by BGNES

Prime Minister, Boyko Borisov, has declared that Wednesday’s unblocking of previously frozen PHARE Program money for Bulgaria, was a great boost for his government.

Borisov announced the his cabinet had received a fax from EU Enlargement Commissioner, Oli Rehn notifying him of the Commission’s decision, and saying that it had resulted from the constructive dialogue with the Bulgarian government.

“It is these assessments that I care about, and that the Bulgarian people care about. The previous government got their funds frozen, we are getting them unfrozen,” the Prime Minister said.

He did stress that because of the failures of the former government of Sergey Stanishev Bulgaria would now getting only part of the PHARE Program funds allocated for it, and that most of the money would be lost over failure to meet deadlines

“This is a very strong positive political sign for Bulgaria on part of the EC, after the 2010 State Budget was adopted yesterday. They are favoring the policies of our government,” the Prime Minister declared.

Domestic » Be a reporter: Write and send your article
Tags: Prime Minister, Boyko Borisov, PHARE, EU funds, frozen EU funds, unblock, European Commission

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