Bulgaria loses €520m EU funds

It was announced by the European Commission in November 2008 that Bulgaria has lost €520m of European Union funding for failing to crack down on fraud and corruption among officials appointed by the Socialist-led coalition government, the first time the European Commission has stripped a member state of funds in this way.

Deutsche Welle, 25.11.08: Bulgaria Suffers as EU Corruption Clampdown Continues http://www.dw-world.de/dw/article/0,2144,3820596,00.html

BBC News, 25.11.08: EU strips millions from Bulgaria http://news.bbc.co.uk/1/hi/world/europe/7748300.stm

Focus Information Agency, 26.11.08: Government about suspended EU funds http://www.focus-fen.net/?id=n160921

Focus Information Agency, 26.11.08: Bulgarian leader lashes out at Brussels' decision on aid - Summary http://www.focus-fen.net/?id=n160909

EurActiv, 26.11.08: Bulgaria loses 220 million euro of EU funding http://www.euractiv.com/enlargement/bulgaria-loses-220-euro-eu-fundi-news-220756

IHT Europe, 18.12.08: Barroso tells Bulgaria to speed up reform http://www.iht.com/articles/2008/12/18/europe/bulgaria.php

ESO: Background information http://www.europeansources.info/record/bulgaria-hears-call-to-impeach-president-bulgaria-faces-loss-of-aid-over-corruption/

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