The suspended state payments for the completion of road maintenance works are putting the national road network on the verge of collapse. This is the warning of the Bulgarian Branch Chamber “Roads”. The chamber points out that the construction companies are still waiting to receive payments of more than 400 million euros for the repairs and works, due in 2021.
Last year, the caretaker Minister of Regional Development and Public Works Violeta Komitova said that the state had no money for payments and that the Road Agency had illegally made a commitment for 750 million euro.
The new government has announced that it will budget for the cost of the repairs in 2022, but the Chamber is concerned that it does see neither budgeted funds for the suspended payments, nor funds for the planned repairs of another 3,000 km of roads in the draft budget.
Representatives of the Bulgarian-African Chamber of Commerce visited the Bulgarian Chamber of Commerce and Industry and met with its President Tsvetan Simeonov. Albena Jones, Dimitar Turlakov, and Anton Samsonov are among the founders of..
The Ministry of Foreign Affairs recommends that Bulgarian citizens traveling or residing in Canada keep themelselves well-informed about the current weather conditions, and regularly check the status of their flights. The Canadian Meteorological..
The Ministry of Finance published the 2025 draft budget and the medium-term budget forecast for the 2025-2028 period. The projected deficit for 2025 is up to 6.4 billion BGN (EUR 3.3 billion), which is 3% of GDP. Expenditures will not exceed 40% of..
The latest technological solutions, products and projects in the field of agriculture and agro-industry will be presented at the "Agra..
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The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This..
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