site.btaEBRD Approves New Strategy for Bulgaria with Green Transition, Competitiveness, Regional Integration as Key Priorities

EBRD Approves New Strategy for Bulgaria with Green Transition, Competitiveness, Regional Integration as Key Priorities
EBRD Approves New Strategy for Bulgaria with Green Transition, Competitiveness, Regional Integration as Key Priorities
Manuela Naessl, EBRD Head of Bulgaria (BTA Photo/Blagoy Kirilov)

The European Bank for Reconstruction and Development (EBRD)’s Board of Directors has approved a new strategy for Bulgaria which will guide the Bank’s investment and policy engagement in the country for the five years to 2030, the EBRD said on its website on Thursday.

“The three major themes of our engagement in Bulgaria in the next five years that are also priorities for the government: accelerating the green economy transition, enhancing competitiveness through innovation and deepening financial markets, and strengthening economic resilience and regional integration," said Manuela Naessl, EBRD Head of Bulgaria.

The Bank is a major investor in Bulgaria that also provides advisory support to the Government and mobilises further private investments alongside its financing. The new strategy aligns closely with Bulgaria’s national priorities and EU commitments.

With over EUR 4.7 billion invested in Bulgaria to date, the EBRD remains committed to supporting sustainable infrastructure, private sector growth, and inclusive development.

In 2024, the EBRD’s investments in Bulgaria more than doubled, reaching EUR 272 million from the previous year’s EUR 114 million, across 20 projects. Over 90% of those investments were allocated to Bulgaria’s green transition. And all EBRD projects in Bulgaria targeted the private sector, underlining the Bank’s mission to support private enterprise development.

/RY/

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By 10:52 on 09.06.2025 Today`s news

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