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.
Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the Chaco province to Bulgaria at the beginning of November . High-ranking officials from the..
Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics...
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