Bulgaria received more than 11 billion euros for projects financed by the structural and cohesion funds of the EU in the period 2007 to June 2022. The data was presented by the Institute for Market Economy. The capital city attracted the most investments - over 2.6 billion euros, followed by Plovdiv region with over 600 million euros, Blagoevgrad region with over 550 million euros and Burgas region with 450 million, the published interactive map shows.
Bulgaria annually contributes about 250 million euros to the EU budget and receives about 1 billion euros, the economist from the institute Adrian Nikolov told BNR.
Most of the money from the European funds goes for infrastructure projects, such as the Sofia metro, roads, highways, and water cycles.
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
With the introduction of the euro on January 1, Bulgaria will benefit from the stability, liquidity and all the advantages of the common currency, European Central Bank President Christine Lagarde said in an interview with public service..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil,..
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