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BG need $110 B forEU Accession

Date: 26.04.2001

In the next 10 years the expenditures for BG integration with the EU will amount to $ 110-120 B, the analytical report "The Economy of BG and the EU" says. The money will boost the competitive power of Bulgaria to 40 - 45% of the EU level.

The EU earmarks EUR 3.12 B per annum on pre-accession funds till 2006. From this amount BG is to draw EUR 260 M annually till 2004. In 2005 and 2006 BG can expect EUR 600-700 M yearly. It is expected that in 10 years BG GDP will reach 30 % of the EU level.

 

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