Friday 14 November 2014

EU funds for Bulgaria’s environment projects restored

EU funds for Bulgaria’s environment projects restored

The European Commission has restored payments to Bulgaria from EU funds under the Operational Programme (OP) Environment.

That means the Commission will now process payment requests from the European Regional Development Fund (ERDF) and the Cohesion Fund for projects under the OP.

The funds are awarded for projects related to energy and transport that benefit the environment.

Earlier this year, the payments were temporarily suspended “due to suspected irregularities related to public procurement in the implementation of the projects and due to the weaknesses in the OP’s management and control systems”, the Commission said.

Bulgaria will now be given an initial payment of €166 million (£106m) from the Cohesion Fund and €74 million (£47m) from the ERDF, it added.

Kristalina Georgieva, Vice President responsible for Budget and Human Resources said: "The funds envisaged for Bulgaria have to be used effectively in order to ensure a better quality of life for people.”

Written by

Bruna Pinhoni

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