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 price of electricity for households could increase by nearly 9% starting next year, according to estimates by the Energy and Water Regulatory Commission. This means that with an average consumption of nearly 400 kilowatt-hours, the monthly bills..
The leadership of the Confederation of Independent Trade Unions in Bulgaria (CITUB) insists that a national subsistence wage be introduced in Bulgaria, with the minimum wage in the country reaching at least 80% of the subsistence wage by 2027. According..
In the period January - September 2024, exports of goods from Bulgaria to the EU decreased by 3.6% compared to a year earlier and amounted to 20.895 billion euros. The main trading partners are Germany, Romania, Italy, Greece and..
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association..
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