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.
It will be mostly sunn y on Wednesday. Cumulus clouds will develop in the afternoon hours. Brief showers are expected in some places, mainly in the mountainous regions. It will be hot in the lowlands, with maximum temperatures between 30°C and..
'Legal changes have been drafted in response to the frequent road accidents involving trucks, ' said Grozdan Karadzhov, the Deputy Prime Minister and Minister of Transport, after a meeting with non-governmental organisations focused on road safety, as..
'The business community is ready to join the eurozone, and a grim scenario is unlikely after the euro is adopted,' said Deputy Prime Minister and BSP leader Atanas Zafirov, as reported by BNR journalist Daniel Inkov. Prior to the publication of the..
At a meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva, Prime Minister Rosen Zhelyazkov stressed that the country is..
More than 2,000 post offices in small towns and villages will exchange Leva for Euro from the day Bulgarian joins the Eurozone, Stanimir Belinov,..
National Assembly President Natalia Kiselova expressed the hope that the work of the MPs will not be jeopardized, after the Vazrazhdane leader called on..
Partly Cloudy
Mostly Cloudy
Partly cloudy, chance of rain