Bulgarian PM Sees No Link Between Suspended EU Funds, South Stream

Politics » DOMESTIC | June 4, 2014, Wednesday // 15:42| Views: | Comments: 0
  • Send to Kindle
Bulgaria: Bulgarian PM Sees No Link Between Suspended EU Funds, South Stream Bulgarian Prime Minister Plamen Oresharski. Photo by BGNES

Bulgaria's Prime Minister Plamen Oresharski sees no connection between the suspended European funds for regional development and the South Stream issue.

The European Commission decided to temporarily suspend payments to Bulgaria under the Operational Programme for Regional Development, citing mismanagement during the 2010-2013 period.

Meanwhile, Bulgaria is also facing procedures from the EC for its decision to implement amendments to the status of the South Stream gas pipeline, which would not be in accordance with European law.

"I would like to think that there is no connection between the two. I have also been assured by the European Commission that there is no link between the suspended funds and South Stream", PM Oresharski said in Parliament on Wednesday.

The Prime Minister outlined that there has been criticism for the use of regional development funds in the past as well, while the latest penalties concern a longer period over the last 3 years.

On the issue of South Stream, Oresharski was clear that it is an important project for the country, but needs to be constructed in line with European norms.

Domestic » Be a reporter: Write and send your article
Tags: Plamen Oresharski, South stream, Operational Programme for Regional Development, European Commission, funds
Expats.bg All Are Welcome! Join Now!
Please, log in to post a comment.
» To the forumComments (0)
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