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

Rumen Radev

Rumen Radev to meet with the presidents of Kazakhstan and Uzbekistan

President Rumen Radev is leaving for an official visit to the Republic of Kazakhstan and the Republic of Uzbekistan, BTA reports. The delegation he is leading includes representatives of companies and organizations in the fields of..

published on 6/9/25 7:50 AM

Bulgarian and foreign experts to discuss the EU’s green transition and energy security

An international seminar on “Energy and Climate Diplomacy” will take place today in Sofia, the Diplomatic Institute under the Minister of Foreign Affairs informs. The forum is being held within the framework of a project..

published on 6/9/25 7:40 AM

The week starts with hot weather and precipitation in some places

On Monday before noon it will be mostly sunny, but later clouds will form and in the western and mountainous regions rainfalls are expected. The highest temperatures will be between 29° and 34°C; higher in the southeastern regions...

published on 6/8/25 6:05 PM