European Commission: Proximity to Sofia Does Not Guarantee Economic Opportunities

      Published on Tuesday, 28 February , 2017      128 Views     

  • Bulgaria-EU

In the European Union there’s a development model with many centres, where strong metropolitan areas and those around larger cities are key drivers of competitiveness.

Such examples can be observed in Northwest Europe, compared with Eastern and Southern Europe, where this is not valid, according to the Third Edition of the Index of Regional Competitiveness for 263 EU regions, for 2016.




The gap between the capital region and other regions is particularly wide in some countries, for example, Romania, Greece, Slovakia, Bulgaria and France.

A big gap between the capital region and the rest of the country is generally a reason for concern as it puts substantial pressure on the capital region while it may leave some of the resources in other regions underutilised.

In Bulgaria, for example, the proximity to the capital – Sofia, is not sufficient grounds for neighbouring North region out of the latest places in EU development.

Under the Regional Competitiveness European Commission understands the ability of a region to offer attractive and sustainable environment for businesses and local residents.



– See more at: http://www.novinite.com/


Category Bulgaria-EU | 2017/02/28 latest update at 7:00 PM
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