The European Investment Bank and FUND Flag have signed a EUR 25 million loan to promote urban regeneration and rehabilitation in cities across Bulgaria. FUND Flag will match the loan amount with EUR 25 million of its own resources and channel the total sum (EUR 50 million) to Bulgarian municipalities, municipal enterprises and other institutions responsible for providing public services.
The money will be used for upgrading urban green areas and open public places, improving sustainable urban transport and reconstructing public buildings. The projects are expected to create 1,500 new jobs in construction sector. 20% of the investments are specifically intended for energy efficiency, the reporter of BNR Marta Mladenova announced.
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President Rumen Radev at a meeting with the Ambassador of Vietnam Do Hoang Long . The meeting was also..
The prospects for developing the significant potential of tourism in Bulgaria were discussed at a meeting between the Bulgarian Head of State Rumen Radev and the Secretary-General of the UN World Tourism Organization Zurab Pololikashvili. The..
The Bulgarian National Radio Folk Orchestra, conducted by Maestro Dimitar Hristov, is preparing a spring tour in March. Special guest soloists for the "Orchestra of Soloists" in the concerts will be singers Petya Paneva and Dimitar Arnaudov,..
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka..
The Ministers of Agriculture of Bulgaria, Hungary, Romania and Slovakia have called on the European Commission to restore pre-war import quotas for..
Sofia has taken over the presidency of the most prestigious local government forum in the Balkans – B40. The capital’s mayor Vasil Terziev accepted the..
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