BGN 1 billion (EUR 510 million) under the Strategic Plan for Agriculture and Rural Development 2023-2027 will be distributed between municipalities in Bulgaria in December 2024, said caretaker Minister of Agriculture and Food Georgi Tahov at the Annual Meeting of Local Authorities, organized by the National Association of Municipalities in the Republic of Bulgaria. He noted that a reallocation of residual funds under the Programme has been made to ensure the funding of various municipal investments.
Bulgaria must prepare its first medium-term fiscal-structural plan for 2025-2028. This plan should include policies, reforms and investments foreseen for this four-year period, caretaker Deputy Premier and Minister of Finance Lyudmila Petkova said at the "Albena" resort.
Bulgaria can be revitalized with at least 35 industrial parks. Besides attracting investors, these parks contribute to economic and social development and impact the educational infrastructure, caretaker Minister of Innovation and Growth Rosen Karadimov told local government representatives. In his words, industrial parks are the only effective mechanism to address regional disparities.
41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change compared to 2024. 65% of the respondents anticipate a deterioration in their own business due to the..
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..
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