The results from the evaluation of the plan for Bulgaria’s regional development in the period 2005-2015 suggest that all regions have made progress in their social and economic development but despite that intra-regional and inter-regional differences have continued to grow. The Southwestern region alone has been steadily increasing its share in the national GDP while all other regions’ shares have declined, the report reads. The concentration of European fund assistance in some points of the country and the insufficient resources in other regions have caused demographic processes to worsen and have triggered depopulation of small towns and villages. Many of Bulgaria’s regions fall in the category of EU regions lagging behind in their development.
Bulgaria will be able to join the eurozone when it meets the inflation criterion, outgoing finance minister Assen Vassilev said in the National Assembly during a debate on state-owned Bulgarian Energy Holding. Vassilev noted that the outgoing..
President Rumen Radev spoke with Ombudsman Diana Kovacheva as part of the consultations on a caretaker prime minister. After the meeting with the head of state, Ms. Kovacheva told the media that she could not take up the post because she had been..
After a meeting with President Rumen Radev, Bulgarian National Bank (BNB) Deputy Governor Petar Chobanov said that the consultations with the head of state and the potential candidates for caretaker prime minister were at a stage where there was no..
There Is Such a People (ITN) thanked President Rumen Radev for placing his trust in them, and handed the third and last mandate for forming a..
On Thursday, minimum temperatures in Bulgaria will be between 7 and 12°C, 8°C in Sofia. Around midday, there will be variable cloudiness with sunny..
"Assuming that there will be a constitutional crisis seems quite frivolous to me". This was what PP-DB candidate for Prime Minister Nikolai Denkov..
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