BUL/EU FUNDS DEEPEN BULGARIA'S REGIONAL IMBALANCES
Published on: 03-01-2012
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www.novinite.com - Instead of redressing Bulgaria's regional economic imbalances, EU funds are actually deepening
them, a report claims.
Thus, the poorest regions in Bulgaria – and in the EU – Bulgaria's Severozapaden (Northwestern) and
Severen-Tsentralen (North-central) have contracted substantially less EU money for public projects per capita than
has the Yugozapaden (Southwestern) Region, which includes the capital Sofia.
According to the update action plan for the National Regional Development Strategy of the Bulgarian government,
cited Tuesday by the Sega daily, Bulgaria's poorest regions should catch up by 2015 by using EU money. The
document is key for the programming of EU funded projects in Bulgaria for 2014-2020, the period of the EU's next
financial framework.
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