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

With the 11 billion euros approved by the EC, Bulgaria will achieve a middle European standard

Photo: Archive

Bulgaria's outgoing Deputy Prime Minister for European Funds and Minister of Finance Assen Vassilev welcomed today's decision of the European Commission, with which it approved financing for Bulgaria worth 11 billion euros. 

Nearly 50% of these funds will be invested in the most economically backward regions of Northern Bulgaria. Funds will also be allocated in the form of co-financing for the construction of the Shipka tunnel - the first tunnel that will pass under the Stara Planina Mountain Range (Balkan Range). 

According to Vassilev, with the provided funds Bulgaria will achieve a middle European standard of living.

EU funds are in line with the cohesion policy and aim to promote economic, social and territorial cohesion in the Bulgarian regions.



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

Sunshine, scattered clouds along the Black Sea coast expected on Thursday

On Thursday, the minimum temperatures in Bulgaria will be from 14 to 20°C. In Sofia - around 14°C. During the day it will be mostly sunny, in the morning with cumulus clouds in the eastern regions. There will be mainly short-term precipitation there in..

published on 6/11/25 7:35 PM

Income inequality in Bulgaria is widening

Income inequality in Bulgaria over a 30 year-period has been lower than the global average, but since 2014 it has been higher than the average levels in the EU, reads an analysis by the Economic and Social Council, the BNR’s reporter Tsvetelina..

published on 6/11/25 6:33 PM

Research Center Trend: 41% of Bulgarians say they have difficulty accessing quality food

Only 6% of Bulgarians lead a healthy lifestyle, according to a sociological survey conducted by the Research Center Trend, commissioned by the Health Metrics company. 42% of respondents say they "rather" lead a healthy lifestyle, while 35% say..

published on 6/11/25 5:31 PM