No aid for bulgaria

Bulgaria loses a total of £184 million and another £28.7 million are under question as a result of the decision of the European Commission not to unfreeze the aid for the country because of fraud and corruption...

All the funds are under PHARE programme, which is one of the three pre-accession instruments financed by the European Union to assist the applicant countries of Central and Eastern Europe in their preparations for joining the European Union.

The decision caused disappointment and confusion among Ministers and Government leaders of the country.

Source: Baltic Business News