EBRD finances water and wastewater upgrades in Bulgaria
EBRD finances water and wastewater upgrades in Bulgaria
sheds new light on importance of access to water
Improvements aimed at saving water and treating higher volumes of wastewater
EBRD joining forces with EU to bring Bulgaria’s water system in line with EU standards
The European Bank for Reconstruction and Development (EBRD) and the European Union are intensifying their effort to deliver a direct impact on people’s lives by financing upgrades to water supply and wastewater systems in Bulgaria’s Stara Zagora and Vratsa regions.
The water and wastewater utility in Stara Zagora, which serves a population of approximately 326,000 across 12 towns, is investing €52 million in the modernisation of its operations. The investment programme is financed largely by EU grants and the EBRD is providing a €3.7 million loan from its own resources, complemented by a €2.4 million loan from the EU’s European structural and investment funds (ESIF).