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.
The financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
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