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

Constitutional Court rejects calls for referendum on the euro

The Constitutional Court has rejected as inadmissible President Rumen Radev's request to overturn the decision of Parliament Speaker Nataliya Kiselova. With her decision, Kiselova prevented the MPs from considering the head of..

published on 6/11/25 8:37 AM

Erlebe Bulgarien Forum focuses on the beauties of the Bulgarian Black Sea coast

The Black Sea resort complex "Golden Sands" is hosting the second edition of the international tourism forum Erlebe Bulgarien, which will be held from June 11 to 15. This year's forum will focus on tourism opportunities on the..

published on 6/11/25 7:35 AM

Warm summer day with afternoon clouds and rain in some mountains

On Wednesday , the lowest temperatures will be between 16 and 19°C; in Sofia - about 16°C. During the day it will be mostly sunny. In the afternoon, clouds will form again over Western Bulgaria and the Danube Plain and in some..

published on 6/10/25 7:05 PM