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

With the 11 billion euros approved by the EC, Bulgaria will achieve a middle European standard

Photo: Archive

Bulgaria's outgoing Deputy Prime Minister for European Funds and Minister of Finance Assen Vassilev welcomed today's decision of the European Commission, with which it approved financing for Bulgaria worth 11 billion euros. 

Nearly 50% of these funds will be invested in the most economically backward regions of Northern Bulgaria. Funds will also be allocated in the form of co-financing for the construction of the Shipka tunnel - the first tunnel that will pass under the Stara Planina Mountain Range (Balkan Range). 

According to Vassilev, with the provided funds Bulgaria will achieve a middle European standard of living.

EU funds are in line with the cohesion policy and aim to promote economic, social and territorial cohesion in the Bulgarian regions.



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

A white fairy tale from Burgas!
Photo: Marina Kirova in the Facebook group

Frosty weather, subzero temperatures expected in almost all regions of Bulgaria on Thursday

On Thursday, the minimum temperatures in Bulgaria will be between minus 14 °C and minus 8°C. In Sofia, it will be around minus 12°C. The day will be sunny but frosty. The thermometer values ​​in most places will be negative. Before noon, there will be..

published on 2/19/25 7:05 PM

Bulgaria honors the memory of national hero Vasil Levski

With various events throughout the country Bulgarians are marking 152 years after the death of the Apostle of Bulgarian Freedom Vasil Levski. Today, at 6:00 p.m. a memorial ceremony in front of the monument to the Apostle of Freedom in Sofia takes..

published on 2/19/25 6:08 PM
Dimitar Radev

Request for extraordinary report on readiness for eurozone membership will be signed

BNB Governor Dimitar Radev will sign the request for an extraordinary convergence report on the fulfillment of the criteria for eurozone membership. This is clear from his response in an interview with BTA, in which Radev announced that the Central..

published on 2/19/25 5:33 PM