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Sat 07 Jul 2008EU may suspend €1bn aid to Bulgaria over fraud concerns
EU:THE EU is poised to suspend up to €1 billion in aid for Bulgaria over concerns that corrupt officials and organised criminals are fraudulently siphoning off European funds, writes Jamie Smyth.
Four Bulgarian state agencies will be blocked from handling a range of EU funding programmes designed to help poor regions of the country, according to a draft report prepared by the European Commission that will be published next week.
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