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

EU funds have made GDP rise by 7.7%

Photo: library

EU funds have led to an increase in wages by 8.2% for the period 2014 to mid-2020. For the same period, the country's GDP grew by 7.7% compared to the baseline scenario without EU funds, according to an analysis by the Ministry of Finance on the effect of EU funds on the national economy.

During the second programming period for the country in 2014-2020, access to EU funds totaling 9.9 billion euros was available under 10 programs. Compared to the previous programming period, the rise equals5.2%.

EU funds have made private business investments rise by 19.7%, created new jobs and increased income and consumption, BTA has reported.



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

Warning for significant precipitation in ten regions of eastern Bulgaria

On Tuesday, the lowest temperatures will be between minus 5 and 0°C; in Sofia - around minus 5°C. It will remain cold and cloudy with snowfalls over most of the country and rainfall in the southeastern regions. The snow cover will..

published on 2/17/25 6:55 PM

President Radev names Sofia Airport after the Apostle of Freedom Vasil Levski

Bulgaria’s President Rumen Radev named Sofia Airport after the Apostle of Freedom Vasil Levski, the press secretariat of the head of state announced.  Thus, its official name becomes Vasil Levski Sofia Airport. According to the Constitution, the Head of..

published on 2/17/25 5:52 PM

EC closes the infringement procedure against Bulgaria related to the flood risk management plans

The European Commission has decided to close the infringement procedure against Bulgaria for the non-implementation of its obligations to review and update the Second Flood Risk Management Plans and the Third River Basin Management Plans.  A statement..

published on 2/17/25 5:40 PM