European Investment Fund: Bulgaria Second in EU for 2023 Cohesion Investments

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European Investment Fund: Bulgaria Second in EU for 2023 Cohesion Investments

[15/07/2024 07:32]

LUXEMBOURG-SABA
The European Investment Bank (EIB) Group, which includes the European Investment Fund (EIF), allocated EUR 36.2 billion to projects in the EU's economically disadvantaged cohesion regions in 2023. The data are part of an EIB report published on Monday.

Per this report, Bulgaria received the second-highest investment from the EIF, totaling EUR 782 million, behind Romania, which led with EUR 2.092 billion in EIF investments.

In 2023, Bulgaria ranked ninth among EU Member States for total cohesion investments from the EIB Group, surpassing 1 billion euros, the Luxembourg-based lender shared. Bulgaria has seen significant investments aimed at enhancing agricultural produce storage and IT staff training, EIB experts say./BTA