Financial Data About “SAPARD – PHARE – IPA”, Three Key Financial Projects, Offered by the EU for Bulgaria

Abstract

Bulgaria is a country that is positioned in the south-east Europe and north-west of the Balkan Peninsula. Bulgaria in the east it borders on the Black Sea, to the south are Turkey and Greece, on the west by Macedonia and Romania in the north-west. Since 1999 the region of Bulgaria is divided into 28 regions. The total area of Bulgaria is 110.910 km2 and has a population of about eight million people. Many different economical studies have been realized in Bulgaria area these last years. This study provides some financial data about some financial projects, during years ahead of EU membership, provided the latter. The goal of this paper is to present the correlation between comparative analyses of three financial projects on different periods of time. For this purpose we have received financial data from three respective projects during the four years of the study. Economical data for this country will presented for the first time in this scientific international activity. Financial data are presented, according to the comparative analyses we found out several interesting data that showed clearly the real contribution to the economy and development of the country. Comparing these data we found out that, financial investment has an unquestionable importance for advancing economic life and the EU provides adequate funding to achieve this goal.

DOI: 10.5901/ajis.2015.v4n2s2p67