Podcast in English
Text size
Bulgarian National Radio © 2024 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

Aleksandar Nikoloski

Sharp reactions in Bulgaria after North Macedonia's Deputy Premier called Bulgarians "uncivilized"

The Bulgarian Socialist Party (BSP) insists that the Ministry of Foreign Affairs summons the Ambassador of the Republic of North Macedonia to explain comments made by North Macedonia’s Deputy Premier Aleksandar Nikoloski. In a TV interview he called..

published on 9/18/24 5:18 PM
Златни пясъци

Bulgaria has the fifth highest growth in overnight stays in the EU, according to Eurostat

Bulgaria is among the top 5 countries in the EU in terms of growth in the number of nights spent by visitors in the period Apr-June 2024 compared to the same period in 2023, Eurostat said.  The data show that the country is establishing itself as a..

published on 9/18/24 3:57 PM

MPs introduce 'national resort' criteria

Parliament has adopted, in first reading, amendments to the Tourism Act that regulate the criteria for the designation of National Resorts. The designation will be made by a decision of the Council of Ministers on the proposal of the Minister of..

published on 9/18/24 1:53 PM