European Commission: Proximity to Sofia Does Not Guarantee Economic Opportunities

      Published on Tuesday, 28 February , 2017      138 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:

Category Bulgaria-EU | 2017/02/28 latest update at 7:00 PM
Source : | Photocredit :
Comments Add comment

БГ Медия - Медия за Българите в Лондон
Bulgarian Business Club

Related Articles

The editorial staff of Bulgarian Business Club would like to give all of its readers from Bulgaria and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Bulgarian Business Club with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter or use our RSS feed channel to always read the most important news about Bulgaria.

Sponsored Publications