“Bulgaria urges Romania to agree to the exploration, simultaneously, of the five possible points for the construction of more bridges over the Danube between the two countries. The Ministry of Transport in Sofia is contemplating giving the construction of such bridges and of part of the road infrastructure under concession,” Transport Minister Nikolay Sabev says in an interview with 24 Chasa newspaper.
The consulting bank that has already been selected for the concessions is in contact with the consortium of two Turkish and two South Korean companies which built the 3.5 kilometre-long bridge over the Dardanelles in the space of 4 years. The concession period includes the period of construction so that the investors have an interest in constructing the facilities more quickly, Minister Sabev said.
Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and..
Housing loans in Bulgaria increased by 24.8% year-on-year, reaching BGN 22.3 billion (EUR 11.4 billion) by the end of June 2024, according to the BGNES news agency. Consumer loans also rose by 14% year-on-year compared to June 2023, reaching BGN..
Bulgaria’s real GDP growth is expected to stand at 2.1% in 2024, indicates the macroeconomic forecast of the Bulgarian National Bank (BNB) in June. Bulgaria’s real GDP growth is expected to stand at 2.1 per cent in 2024, driven by the positive..
Sofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes writes. The survey..
The residential real estate market in Sofia in the second quarter of 2024 remains stable and active. Despite forecasts for a possible lull, the..
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