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North East Region Bulgaria

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North East Region Bulgaria
European Regional Economics

Bulgaria - North-East region

Lecturer: red. prof. dr. Ivo Lavrač

Date: 9 January 2013

Name: Elena Petrova

Student number: 19558190

Table of contents

Page

1. Introduction 3

2. Relative description of north-east region 4

3. SWOT analysis 13

4. Politic of regional development 15

5. Reflections on the future of the region 17

1. Introduction

In my paper work I will present my home country - Bulgaria. It is situated in the south-east part of Europe, and in the eastern part of the Balkan Peninsula (occupies 22% of its territory).

Bulgaria has a great variety of relief forms. The Picture 1 represents their locations in the county- in the east is the seaside, west and north are occupied by mountains, in central part of are allocated plains and north part consists of many cities that are great historical emblems.

Picture 1. Bulgarian wealth of relief forms

Economy of Bulgaria

Bulgaria has a territory from 110 994 km² which ranks it on 102 place in the world, 11-th in the EU and 15 in all Europe. Its populations is 7 364 570 people (96-th place in the world) and its predominantly urban. The density of the population is 66, 35 people per sq. km(139 place in the world).

Bulgarian economy functions on the principals of the free market. It has a large private sector and small but strong public sector. Bulgarian GDP is $54.3 billion (50% below the average EU; 74-th in the world), GDP (PPP) is $101.036 billion (66-th place in the world; only about the half of the EU average), GDP per capita(nominal) – $7,202 (45 per cent of the EU average; the

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