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EC unblocks EUR 91m under PHARE
pari.bg
19.11.2009 08:34
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The decision marks the considerable efforts of the Bulgarian government to deal with irregularities and improve financial control over EU funds

The European Commission will unblock EUR 91 million under PHARE programme. The decision marks the considerable efforts of the Bulgarian government to deal with irregularities and improve financial control over EU funds, EC spokesman Mark Gray said.

Bulgaria itself gave up projects worth EUR 39 million under PHARE, minister in finance Simeon Dyankov announced. The decision was made after evaluating all projects under the programme in the year to July 2008, as was proposed by Brussels. As much as EUR 19 million was for projects of the ministry of finance and EUR 20 million of the ministry of regional development and public works. The accreditation of the PHARE executive agency responsible for the projects was revoked and Bulgaria lost EUR 260.6 million. A month ago the EC released EUR 63 million of the blocked funds.

The unfreezing of the money shows that the commission accepts the financial proposals made by us, deputy regional minister Lilyana Pavlova commented.


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