BULGARIA - 15 YEARS IN EU - STATISTICAL DIMENSIONS OF CHANGE

Georgi Stoyanov, Tsvetomira Georgieva

Abstract: The main reasons why the European Union is successful and different from other international organizations are rooted in its values and fundamental principles. By applying the ‘Unity makes strength’ motto, all EU Member States receive equal opportunity to work together for a better future, and by giving up a small part of their national sovereignty, each country receives in return something much more important - to develop, prosper, move forward with others. This study traces the trends in the development of key macroeconomic indicators for Bulgaria after its accession to the European Union. The economy of Bulgaria as a whole, the gross domestic product in current and comparable prices at purchasing power parity, the foreign trade balance, the consumption of the population by main directions, the labour market in the country by regional areas, poverty and income distribution, and some main aspects of demographic processes. From all presented results, it can be concluded that the membership of Bulgaria in the European Union realizes inevitable benefits and advantages.<br><br><br>

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Date published: 2022-06-29