At a meeting with citizens in the town of Kaspichan, northeastern Bulgaria, President Rumen Radev said it was necessary to create better living conditions in small towns because young people there also need high-quality education, healthcare, jobs and..
To what extent can the proximity of a major economic center such as Sofia, which generates nearly 40% of the country's GDP, influence the development of the most backward region in Bulgaria – the country’s Northwest? We are looking for..
The overdue debts of the Bulgarian municipalities by the middle of 2017 amount to EUR 75 million. The latest report of the Bulgarian Ministry of Finance shows that some Bulgarian municipalities have scored excellent financial results,..
Bulgaria has 264 separate municipalities and 156 of those /60%/ have debts. Their budget balances show that they spend more money than they make. Their incomes are due to state subsidies and local taxes and fees, mainly ones on garbage,..