Podcast in English
Text size
Bulgarian National Radio © 2024 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

Weather forecast: Sunday will be cloudy with rain

On Sunday the weather will be predominantly cloudy, with the clouds scattering temporarily over Western Bulgaria. There will be rain in many parts with thunder in the Rhodopes and the Eastern regions where there will be more significant rainfall...

published on 10/5/24 6:10 PM

30 public buildings illuminated in green tonight to mark European Donation Day

30 buildings across the country will be illuminated in green tonight to mark European Donation Day – the European Day for Organ, Tissue and Cell Donation, the Executive Agency Medical Supervision has announced. The idea is to show solidarity for the..

published on 10/5/24 5:54 PM

Rumen Radev: Medical assistance is a leading factor of morale at the front

“One of the leading factors of motivation and morale of the people fighting at the front is the availability of fast and reliable medical evacuation, as well as of effective and adequate medical assistance and its provision in the immediate vicinity..

published on 10/5/24 2:17 PM