Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Saving of what cannot be saved – mission impossible

Photo: Maria Sabotinova

PM Borissov has sent this week 4 ministers to Brussels with the mission “to do their best to save what cannot be saved”. Mission impossible, as it turned out. The premier himself admitted that the ministers came back with bad news. Those were Vice Premier and Minister on EU Funds Management Tomislav Donchev, Transport Minister Ivaylo Moskovsky, of regional development – Lilyana Pavlova and Environmental Minister Evelina Vassileva. The four musketeers had to beg for the return of over EUR 460 mln., paid with national budget money under the operational programmes and also for the reduction of the expected loss of funding to the tune of EUR 145 – 205 mln. by the end of the year. Deputy PM Donchev explained that the state hoped to get prolongation of the funds’ absorption due to the floods and the numerous appeals of the procedures that had delayed the execution of EU projects. At the same time both he and Minister Pavlova declared that 2014 would be a zero year, or a year, lost to EU funds. However, not only the year is lost. According to Pavlova the overall feeling was for a lost of trust by Brussels, regarding Bulgaria and its institutions, as far as its capabilities to cope with EU funds’ issues was concerned. That minor mood remained even after the meeting of the four with Bulgarian EU Commissioner on Budget and Human Resources Kristalina Georgieva. In her words they discussed “how more EU money to enter Bulgarian economy more quickly”. How? It will be tough, obviously. As the EU money recovering problem, concerning Bulgaria is related to a problem of Georgieva herself – the hole in the European budget. The issue with the unpaid bills, transferred by the EU from year to year remains unsolved, reaching EUR 20 bln. now, as an agreement on the EU 2015 budget hasn’t been reached yet. Georgieva announced that a new budget would be proposed over the next days, worked together with the EP and the member-states, in order for consent to be reached before the end of the year. Otherwise expenses will be restricted to 1/12 of the current monthly budget, till the reaching of an agreement. In such case we will have to look more at our backyard and not at the European one, tidying it with our own efforts.  Or even Tom Cruise won’t be able to handle it. Mission impossible!




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

President Rumen Radev

Last day of consultations with the President on the formation of the Cabinet 

President Rumen Radev's consultations with parliamentary groups continue. Today, he will meet representatives of the Alliance for Rights and Freedoms (led by Ahmed Dogan), There is Such a People (ITN) and MECH. Radev has already held talks with..

published on 12/12/24 8:15 AM
Kostadin Kostadinov (left) and President Rumen Radev

Vazrazhdane party states readiness to form government if given 3rd mandate

At today's consultations with President Rumen Radev on forming a government within the 51st National Assembly, the leader of the nationalist Vazrazhdane party, Kostadin Kostadinov, said that if Vazrazhdane was given a third mandate to form a government,..

published on 12/11/24 4:57 PM
Assen Vassilev

PP-DB will negotiate government with GERB only if it signs health cordon around Peevski

"We Continue the Change - Democratic Bulgaria (PP-DB), the second largest parliamentary group, has said that it will support the formation of a regular government only if GERB-SDS agrees to sign the PP-DB declaration calling for a "cordon sanitaire"..

published on 12/8/24 5:54 PM