Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

EIB and FUND Flag sign EUR 25 million loan for green cities in Bulgaria

Photo: archive

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.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Filiz Hyusmenova

Filiz Hyusmenova: The accusations of threats made on the basis of ethnicity are ridiculous

“The Movement for Rights and Freedoms' resistance forces are not against ethnic qualities and characteristics, but against the way decisions are made, against management, separation and confrontation.” This is what MP Filiz Hyusmenova, who was the..

published on 7/13/24 4:23 PM
Nikolay Denkov

Nikolay Denkov: Any attempts to form a stable government would be a complete illusion

“This parliament is like quicksand – war in the Movement for Rights and Freedoms, a split Bulgarian Socialist Party, Velichine falling apart,” said former PM Nikolay Denkov, chair of the parliamentary group of We Continue the Change/Democratic..

published on 7/13/24 2:11 PM

Chief Commissioner Alexander Dzhartov: There are no towns or villages at risk from the fires

“No towns or villages are at risk from the fires that have broken out around the country,” Chief Commissioner Alexander Dzhartov, Director of the General Directorate Fire Safety and Civil Protection said for the BNR. Partial state of..

published on 7/13/24 11:59 AM