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

More than half a million people in Bulgaria receive support under European programme for the socially disadvantaged

More than 550,000 people received support last year under the European programme Food and Basic Material Assistance – packages of staple foods and nine kinds of sanitary items.   Almost 70,000 people from 232 municipalities have availed..

published on 2/21/25 12:55 PM

General Directorate Combating Organised Crime neutralises criminal group involved in tax crimes

During an operation of the General Directorate Combating Organised Crime under the leadership and supervision of the Sofia City Prosecutor's Office and the National Revenue Agency, a criminal group involved in tax crimes and money..

published on 2/21/25 11:30 AM
Ilia Prodanov

Unfair trade practices are the cause of high food prices

A list of over 10 unfair trade practices that must be stopped will be handed over to representatives of all parliamentary groups. Among them are high mark-ups, hidden fees of retail chains, inequality between Bulgarian and imported..

published on 2/21/25 9:49 AM