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.
Bulgaria will meet the price stability criterion for joining the eurozone without the need for subjective calculations, said the Institute for Market Economics (IME), which refers to inflation data in recent months. Following a positive..
In the first quarter of 2025, the average quarterly total income per household member in Bulgaria was BGN 3,271 (€1,672), marking a 15.2% increase compared to the same period in 2024. This data comes from the Household Budget Survey by the National..
Bulgaria's main trading partners are Germany, Romania, Italy, Greece and France, which account for 62.5% of exports to EU Member States, according to NSI data. In February, exports of goods from this country to the EU decreased by..
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