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Bulgaria: Budget 2012’s investments are realistic, Minister Tomislav Donchev says

07. November 2011. | 07:07

Source: BNR

Bulgarian Minister in Charge of EU Funds Management Tomislav Donchev voiced before the Bulgarian National Radio that all investments, implemented in Budget 2012 are realistic.

Bulgarian Minister in Charge of EU Funds Management Tomislav Donchev voiced before the Bulgarian National Radio that all investments, implemented in Budget 2012 are realistic.

Minister Donchev further said he wouldn’t complaint about the budget’s framework, since it provided comfort at all levels, negotiated for EU funding.

And while in 2010 half of the investments in Bulgaria were EU funded, in 2011 this ratio is 60:40, the minister pointed out, adding that the government should do its best to use this resource.

Tomislav Donchev stated that this country wouldn’t want to lose European money in 2012 and the absorption speed should be even higher.

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