What is EBRD's Economic Forecast for Bulgaria
Reduced gas supplies and inflation to slow growth further in EBRD regions
The European Bank for Reconstruction and Development is planning to put aside more funds for Bulgaria in 2015.
Bulgaria's President Rosen Plevneliev announced this after meeting the institution's chief, Suma Chakrabarti, in London, the website Expert.bg has reported.
EBRD's new strategy toward Bulgaria will be aimed at making improvements to a range of policies, including public procurement, efficient support of SMEs, diversification of energy supplies, food production and management of water resources.
It will also boost the capacity of its Fund for Local Authorities and Governments (known as FLAG), which provides assistance to municipalities backing local-level projects.
Presently, the financial institution allocates between BGN 200 and 250 M to Bulgaria.
At EBRD President Plevneliev met more than 20 Bulgarian professionals working in different sectors of the institutions.
On Tuesday, the second day of his visit to the UK, Rosen Plevneliev is to meet Queen Elizabeth II. The Buckingham Palace is to open its doors for him at 10:00 GMT.
The President will become the second Bulgarian head of state to meet Queen Elizabeth II after she received Petar Stoyanov in 2001.
On 19 March, President Plevneliev will deliver a speech on the process of European and Euro-Atlantic integration in South-Eastern Europe at Chatham House.
President Plevneliev will also meet British political leaders, among whom are Deputy Prime Minister Nick Clegg, Foreign Secretary William Hague, the Speaker of Parliament John Bercow, Ministers and senior officials from the Departments for Business, Innovation and Skills and the Foreign Office. The British Ambassador to Bulgaria, Jonathan Allen, is also accompanying the President on his visit.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Passengers can now book tickets for attractions, museums, tours, sports matches, live events and theater performances through the Wizz Air website and app
It's that time of year when the sun rises earlier, the days are warmer, and the desire for rest and adventure calls more and more often
The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
In a significant stride towards enhancing connectivity between Turkey and Bulgaria, the launch of direct flights between Istanbul and Sofia marks a milestone in air travel
As the clock ticks down to midnight tonight, Bulgarians are reminded that April 30th marks the final day for filing their 2023 personal income tax returns
Bulgaria's National Bank has disclosed the country's external debt figures, revealing a notable increase in gross foreign debt at the end of February 2024
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022