Bulgaria's Deprivation Rate Drops but Still Among Highest in EU
According to the latest Eurostat data published today, 6.8% of the European Union's population experienced severe material and social deprivation in 2023
Bulgarian companies have BGN 1 B at their disposal in state procurement contracts under EU programs, stated Bulgarian PM Boyko Borisov.
In an interview Tuesday, Borisov defended the economic policy of his center-right GERB cabinet, arguing that the country is doing very well in a time of crisis.
He dismissed criticism of opposition leaders, in particular Movement of Rights and Freedoms chair Ahmed Dogan, as idle and unfounded.
"In having nothing substantial to say, Dogan spews up complete nonsense against the GERB cabinet," said Borisov.
"GERB's national program of reforms has set the ambitious goal to reach the standard of life in Bulgaria to 60% of the medium level in Europe," added Borisov.
He also recalled what he saw as successes of his cabinet in combatting organized crime in Bulgaria.
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Vestbee, Europe’s leading platform for startups, VCs, accelerators, and corporates, has just released its VC Funding in the CEE Report for Q2 2024
In the first half of 2024, Western allies, including Bulgaria, the European Union and the United States, purchased around 2 billion dollars worth of oil products from Turkey that were refined from Russian crude oil
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Approximately 10% of individuals who previously qualified for home loans will no longer be eligible under new regulations set by the Bulgarian National Bank (BNB)
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