Bulgaria must solve the problem related to the concentration of financial resources in the big cities. The real fiscal decentralization of the small Bulgarian municipalities would help the development of fair businesses in smaller towns and villages, said this country’s President Rumen Radev at a meeting with representatives of Straldzha Municipality, Southeastern Bulgaria.

Representatives of local cultural, educational, sports and business circles also took part at the discussion. They agreed with President Radev and added that the demographic problem and poor transport connectivity are among the major impediments to economic growth in Straldzha.