Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

President Radev: Fiscal decentralization of Bulgaria’s municipalities is needed

Photo: Presidency of the Republic of Bulgaria

Bulgaria must solve the problem related to the concentration of financial resources in the big cities. The real fiscal decentralization of the small Bulgarian municipalities would help the development of fair businesses in smaller towns and villages, said this country’s President Rumen Radev at a meeting with representatives of Straldzha Municipality, Southeastern Bulgaria.

Representatives of local cultural, educational, sports and business circles also took part at the discussion. They agreed with President Radev and added that the demographic problem and poor transport connectivity are among the major impediments to economic growth in Straldzha.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

PM Rosen Zhelyazkov has invited King Charles III to visit Bulgaria again

Bulgaria's Prime Minister Rosen Zhelyazkov has invited King Charles III to visit Bulgaria again , the Council of Ministers announced. The two spoke at the royal reception organized on the occasion of the Berlin Process summit in London , which..

published on 10/22/25 3:34 PM
Kostadin Kostadinov

Vazrazhdane party to propose law banning politicians sanctioned under the Magnitsky Act from holding high office

Legislative amendments banning individuals sanctioned under the global Magnitsky law from holding senior government or party positions will likely be submitted to Parliament as early as Thursday by the Vazrazhdane party, MP Petar Petrov told BNR...

published on 10/22/25 2:07 PM

The EP Liberals are set to investigate the arrest of the mayor of Varna

The Renew Europe political group in the European Parliament has established a working group to examine instances in which the Bulgarian government may have acted against the rule of law. The move comes in response to what the group describes as..

published on 10/22/25 1:37 PM