Fri, Feb 10 2012
The European Commission said on December 2 2008 that it extended the deadline for payments of funds allocated to Bulgaria under the European Union's Sapard pre-accession aid programme by one year to December 31 2009.
Bulgaria, which joined the bloc on January 1 2007, has faced delays in payments partly because of limited administrative capacity to manage the Sapard programmes, which target primarily agriculture and rural development, and partly because of a low absorption capacity of beneficiaries of the programme, with a consequent back loading of funds, the EC said in a statement.
Romania, which joined the EU at the same time with Bulgaria and has the same problems, received an extention as well.
"Furthermore, national and EU payments under the programme were stopped in the middle of this year, due to weaknesses and deficiencies in the payments and controls," the EC statement read. 0"The extension of the deadline will give the Bulgarian and Romanian authorities extra time to ensure that these problems are properly addressed before final payments are made."
Stock administration system at Bulgarian State Fund Agriculture "a mess," local financial weekly Banker said.
Works will be reviewed by a group of judges, and winners will receive certificates and prizes.
Seven arrested, including ‘The Squirrel’ who was found in possession of 10 00 euro, Interior Ministry says. Mobile phones, computer equipment and drug paraphernalia seized.
Maximum temperatures across the country will remain mostly below zero.
The first tremor was at about 12.34am, followed by another three minutes later. Their epicentres were located between the towns of Radnevo and Topolovgrad.
There was no risk of blackouts caused by insufficient power supply, Economy Minister Traicho Traikov told Bulgarian National Radio.