Process Management

News 307 views last update:6 Aug 2012

EC wants subsidy money back from Bulgaria

The European Commission (EC) wants to reclaim the €70 million subsidies that were granted to 80 Bulgarian meat and milk processing companies.

According to the EC, these companies have been involved in fraud. They have been claiming too much money for projects that are being subsidised by the European Union according to a statement from the Bulgarian Ministry of Agriculture on July 31st.

Initially, more Bulgarian companies were on the fraud list but 15 have been removed from the list after talks with the Bulgarian authorities.

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