Bulgaria PM: Unblocking PHARE Funds Incredible Boost for Govt

Domestic | November 18, 2009, Wednesday // 16:21|  views

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.

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Tags: Prime Minister, Boyko Borisov, PHARE, EU funds, frozen EU funds, unblock, European Commission

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