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Country data

Population:
7.7 million
Area:
111,000 sq km
Capital:
Sofia
Currency:
Lev

Key developments and challenges

Medium-term prospects for growth remain favourable and Bulgaria has a well capitalised and well regulated banking sector while the central bank holds a large amount of foreign reserves. The overall fiscal position is also sound with fiscal reserves in excess of the low level of gross public debt, and Bulgaria’s history of fiscal surpluses reflects an understanding across the political spectrum of the importance of fiscal prudence in the context of the currency board arrangement.

More developments and challenges

Related links

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Our work in Bulgaria

In Bulgaria our investments span municipal infrastructure, small and medium-sized enterprises, energy efficiency and renewable energy.

Bulgaria

Key facts about the EBRD's work in Bulgaria

No. of projects

182

Net business volume

€2,057.2 million

Total project value

€7,349.7 million

Gross disbursements

€1,670.8 million

Portfolio in private sector

86%

 

View factsheet

EBRD projects 2000 - 09

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Sector breakdown of current projects

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Our strategy in Bulgaria

Support for local enterprises will be an EBRD priority in Bulgaria with a special focus on enhancing local business competitiveness and investing in modernisation to allow the local private sector to cope better with enhanced competition following accession. Financial tools, such as dedicated credit lines using EU post accession funds, will be tailored to help local businesses meet EU environmental standards and improve energy efficiency.

Read strategy

CONTACTS

17 Moskovska Street
1000 Sofia
Bulgaria
Tel: +359 2 9321 414
Fax: +359 2 9321 441