Bulgarian MEP: After US Sanctions EU May Well Suspend Funds for Bulgaria
The US sanctions under the Magnitsky Act imposed on six Bulgarians, including Delyan Peevski and Vasil Bozhkov, will have an impact on European policy approach to Bulgaria.
Bulgaria’s EU Funds Absorption Up to 13% - Minister
- Tweet
Send to Kindle
According to EU Funds Minister Tomislav Donchev , the current government has managed to clear Bulgaria`s bad image through increased EU funds absorption. Photo by BGNES
Bulgaria has boosted EU funds absorption to 13% from the 0.98% during the previous government, EU Funds Minister Tomislav Donchev announced.
In a Friday interview for the morning broadcast of Bulgarian National Television (BNT), Donchev specified that the audit report of KPMG confirmed the data he had been given.
The KPMG report, which was released on June 15, ranked Bulgaria among the worst-performing EU countries in terms of EU funds absorption in the period 2007-2010.
The KPMG study showed Bulgaria as a particularly poor performer in EU funds absorption for science and innovation, health and energy projects, for which the country had not contracted a single Euro up to March 2011.
"We managed to clear Bulgaria of the bad image acquired in 2008", Donchev insisted during the Friday interview, vowing that "We shall not make a second mistake".
He confirmed that inspections of the public administration over financing granted by the EU were ongoing and would continue in the future.
Regarding the recent administrative reshuffles, Donchev termed the measures as "changes in the political backdrop, which is something different than the administration".
The Cohesion Policy financial framework would be announced by end-June, the EU Funds Minister informed.
He further explained that there was correlation between the country's absorption rate for a past programming period and the sums it would receive over the next period.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Related Articles:
Bulgaria Will Receive EUR 173,6 Million for Coronavirus Compensations
The European Commission (EC) said on Tuesday that it has approved the allocation of €173.
EU Allocates Additional EUR 133,4 M for Bulgaria, Sweden to Mitigate Impact of Coronavirus Crisis
With modification of three operational programmes under REACT-EU, the Commission has approved to provide extra €75.
Bulgaria: GERB Will Propose Its Government Despite Slim Chances for Support
GERB party will put forward a government despite the small chances that it will be supported, announced at a briefing at the party's headquarters, Deputy Prime Minister Tomislav Donchev shortly before 1 p.
Politics | April 12, 2021, Monday // 15:53
Bulgaria Bottoms EU SURE Funds Absorption Ranking
Confederation of Independent Trade Unions in Bulgaria (CITUB) announced that Bulgaria lags far behind other Member States in terms of absorption of funds from the European Union's Temporary Support to Mitigate Unemployment Risks in Emergency (SURE) provid
OLAF: Bulgaria to Return Nearly 6 Million Euros to EU for Alleged Abuse in the Ministry of Interior
The European Anti-Fraud Office (OLAF) has alleged President’s Anti-Corruption Secretary Plamen Uzunov of corruption.
Bulgaria’s Defense Minister thinks there was an Explosion on Board Prigozhin’s Plane
Bulgaria's Minister of Defense Todor Tagarev admitted the possibility that an explosive device might have been planted on board the crashed plane in which Yevgeny Prigozhin was traveling
EC is Preparing Criminal Proceedings against Bulgaria for Accessing Data from Criminal Record Certificates
The European Commission has announced that it is preparing criminal proceedings against Bulgaria, Cyprus, Greece, Malta, and Portugal for incorrect application of the rules on the exchange of data on criminal records and the establishment of the relevant
The European Commission Started an Evaluation of the Bulgarian Recovery Plan
The European Commission has started an evaluation of the Plan for Reconstruction and Development of Bulgaria, said the spokesman of the European Commission Eric Mamer. The document was submitted to the Commission on 15 October.
Nearly 60% of Bulgarians are Skeptical about Adopting the Euro
58% of Bulgarians do not support the introduction of the euro as the official currency in the country. This shows a study prepared by Trend agency specifically for the financial forum NEXT DIFI 2021, organized by b2b Media for the fifth year. The data dur
Bulgaria Is Late to Explain Its Position on N.Macedonia Says Diplomat
Too late Bulgaria began to explain its own position towards North Macedonia, as it should have been clear to our European partners some time ago.
New German Government and Old Bulgarian "bad boy" Borissov
An SPD-led government in Germany has significant potential to sharpen international attention to the problems of corruption in Bulgaria.
